Yahoo! News: India Top Stories - Reuters

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• Trains collide after blast in India, many feared dead (Reuters)
• Govt protests Canada's denial of visas (Reuters)
• Monsoon on track after cyclone scare - Met office (Reuters)
• Planes almost collide in Mumbai days after Mangalore crash (Reuters)
• Heat wave bakes India before monsoon, dozens killed (Reuters)
• Zain to pay out most of Bharti sale proceeds (Reuters)
• Reuters Summit - Energy firms eye Asian expansion, but risks loom (Reuters)
• GM to develop electric car in U.S.; ends Reva tie-up (Reuters)
• Tata Steel to issue shares to founders (Reuters)
• Dubai dealt new blow with DIC debt delay (Reuters)
• Trade powers to push for Doha deal to boost economy (Reuters)
• Microsoft CEO unconcerned with Apple market cap (Reuters)
• Tata Motors sees profit surge in March qtr (Reuters)
• Lee DeWyze wins 'American Idol' as Cowell departs (Reuters)
• Microsoft to focus on products, profits (Reuters)
• BSE Sensex rises 2nd day; Tata Motors rallies (Reuters)

Trains collide after blast in India, many feared dead (Reuters) Posted: 27 May 2010 04:39 PM PDT Reuters - Two trains collided after a blast on the tracks caused a derailment in eastern India early on Friday and many deaths are feared, a railway spokesman said.

Govt protests Canada's denial of visas (Reuters) Posted: 27 May 2010 01:30 PM PDT Reuters - The government said on Thursday it had lodged a strong protest with Canada's top diplomat in the country after officials linked with the Indian security establishment were denied Canadian visas.

Monsoon on track after cyclone scare - Met office (Reuters) Posted: 27 May 2010 08:52 AM PDT Reuters - The annual monsoon, halted by cyclone Laila last week, is likely to hit the country's southern coast on schedule in the next three to four days, weather officials said on Thursday.

Planes almost collide in Mumbai days after Mangalore crash (Reuters) Posted: 27 May 2010 08:52 AM PDT Reuters - Two domestic passenger airliners came close to colliding at Mumbai airport after almost getting onto the same runway, officials said on Thursday, days after an aircraft crashed in Mangalore killing 158 people.

Heat wave bakes India before monsoon, dozens killed (Reuters) Posted: 27 May 2010 06:32 AM PDT Reuters - Temperatures close to 50 degrees Celsius gripped large swathes of India, killing dozens of people as the country waits for the annual monsoon rains to reach the mainland, media and officials said on Thursday.

Zain to pay out most of Bharti sale proceeds (Reuters) Posted: 27 May 2010 07:27 AM PDT Reuters - Kuwaiti mobile operator Zain will distribute a large portion of proceeds from a $9 billion asset sale to shareholders, the company said on Thursday, pushing possible purchases lower on the agenda.

Reuters Summit - Energy firms eye Asian expansion, but risks loom (Reuters) Posted: 27 May 2010 10:31 AM PDT Reuters - Companies and banks are upbeat about expanding in Asia's recovering commodities and energy sectors, but global oil oversupply, euro zone debt woes and volatile markets pose risks to growth, industry executives say.

GM to develop electric car in U.S.; ends Reva tie-up (Reuters) Posted: 27 May 2010 07:06 AM PDT Reuters - General Motors will develop electric car technology for the Indian market in its home town of Detroit, after ending a partnership with Indian firm Reva, the head of its operations in the country said.

Tata Steel to issue shares to founders (Reuters) Posted: 27 May 2010 06:04 AM PDT Reuters - Tata Steel, the world's No 8 steelmaker, said on Thursday its board had approved issuing up to 15 million shares and 12 million convertible warrants to founder Tata Sons on a preferential basis.

Dubai dealt new blow with DIC debt delay (Reuters) Posted: 27 May 2010 10:02 AM PDT Reuters - Dubai International Capital (DIC), the private equity unit of the emirate's flagship conglomerate Dubai Holding, sought a three-month debt repayment delay on Thursday in another blow to the emirate's financial image.

Trade powers to push for Doha deal to boost economy (Reuters) Posted: 27 May 2010 07:17 AM PDT Reuters - Ministers from major trading powers decided on Thursday to redouble efforts for a deal in the stalled Doha round, arguing that opening up global trade would boost the world economy without hitting budgets.

Microsoft CEO unconcerned with Apple market cap (Reuters) Posted: 27 May 2010 05:23 AM PDT Reuters - Microsoft Corp Chief Executive Steve Ballmer was unperturbed a day after rival Apple Inc shot past his firm as the world's biggest tech company by market value and said his aim was to develop a good product line and earn more profits.

Tata Motors sees profit surge in March qtr (Reuters) Posted: 27 May 2010 07:49 AM PDT Reuters - Tata Motors, India's top vehicle maker, beat market estimates with a surge in March quarter earnings, helped by rising sales and profitability at its Jaguar Land Rover (JLR) unit.

Lee DeWyze wins 'American Idol' as Cowell departs (Reuters) Posted: 26 May 2010 08:57 PM PDT Reuters - Former paint salesman Lee DeWyze was the surprise winner of "American Idol" on Wednesday, beating front-runner Crystal Bowersox on a night that saw all the talent show's former champions reunite to bid farewell to Simon Cowell.

Microsoft to focus on products, profits (Reuters) Posted: 27 May 2010 02:40 AM PDT Reuters - Microsoft Chief Executive Steve Ballmer was unperturbed a day after rival Apple Inc shot past his firm as the world's biggest tech company by market value and said his aim was on developing a good product line and making more products.

BSE Sensex rises 2nd day; Tata Motors rallies (Reuters) Posted: 27 May 2010 04:11 AM PDT Reuters - The BSE Sensex recovered for a second day, rising 1.7 percent on Thursday, with firmer global markets underpinning sentiment but investors were circumspect about euro zone debt woes and foreign fund withdrawals.

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