Yahoo! News: India Top Stories - Reuters

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• U.S. Congress approves border security bill (Reuters)
• Govt gives RIM until Aug 31 to yield on BlackBerry (Reuters)
• Mumbai's Taj hotel reopens Sunday after 2008 attacks (Reuters)
• Monsoon rains dip in past week, crops healthy (Reuters)
• Indians most likely to report sexual harassment at work - poll (Reuters)
• MakeMyTrip shares surge in U.S. stock market debut (Reuters)
• Mumbai port partially resumes operations on Thursday (Reuters)
• Munaf Patel called up to reinforce India attack (Reuters)
• Factory output eases; rate expectations unchanged (Reuters)
• Ranbaxy CEO quits, cites strategy rift (Reuters)
• Vedanta in talks to buy stake in Cairn India (Reuters)
• Ssangyong picks India's Mahindra as preferred bidder (Reuters)
• Tata Power plant's carbon status denial upsets investors (Reuters)
• Govt says BlackBerry meeting "inconclusive" (Reuters)
• Policy action to show result in 6-12 months - RBI (Reuters)
• State Bank of India Q1 profit up 25 pct; shares jump (Reuters)
• Australia's opposition vows better China, India ties (Reuters)
• FACTBOX - India coal plants seeking U.N. carbon offsets (Reuters)
• Food inflation at 11.40 pct y/y as at July 31 (Reuters)
• Senior BlackBerry official meets minister - source (Reuters)

U.S. Congress approves border security bill (Reuters) Posted: 12 Aug 2010 04:12 PM PDT Reuters - The U.S. Congress on Thursday passed legislation to strengthen security along the border with Mexico, trying to tackle the politically sensitive issue of illegal immigrants ahead of November congressional elections.

Govt gives RIM until Aug 31 to yield on BlackBerry (Reuters) Posted: 12 Aug 2010 03:43 PM PDT Reuters - India, the world's fastest-growing telecom market, said it would hobble Research In Motion's BlackBerry smartphone unless the company gives it the keys to decode encrypted email and messages by the end of August.

Mumbai's Taj hotel reopens Sunday after 2008 attacks (Reuters) Posted: 12 Aug 2010 07:49 AM PDT Reuters - Holding balloons and flowers, employees pledged on Thursday to re-dedicate themselves to Mumbai's Taj Mahal hotel when it reopens at the weekend after the 2008 militant attacks in which guests and staff members died.

Monsoon rains dip in past week, crops healthy (Reuters) Posted: 12 Aug 2010 06:20 AM PDT Reuters - India's vital monsoon rains were a quarter below normal in the past week, dipping after two weeks of heavy showers that fed soil moisture and helped the cane, soybean and rice crops thrive despite weak rainfall.

Indians most likely to report sexual harassment at work - poll (Reuters) Posted: 12 Aug 2010 03:33 AM PDT Reuters - Sexual harassment is at dangerous levels in the workplace with a joint Reuters/Ipsos global poll finding one in 10 workers have been pestered for sex by a senior employer.

MakeMyTrip shares surge in U.S. stock market debut (Reuters) Posted: 12 Aug 2010 11:25 AM PDT Reuters - Shares of Indian travel company MakeMyTrip Ltd surged as much as 80 percent in their U.S. stock market debut on Thursday as investors clamoured for a company that can benefit from the subcontinent's growing middle class.

Mumbai port partially resumes operations on Thursday (Reuters) Posted: 12 Aug 2010 05:12 AM PDT Reuters - India's busiest port, which was shut after a collision of two cargo ships off Mumbai's coast, partially resumed operations on Thursday, a port official told Reuters.

Munaf Patel called up to reinforce India attack (Reuters) Posted: 12 Aug 2010 03:40 AM PDT Reuters - Medium pacer Munaf Patel is heading to Sri Lanka to strengthen the team's depleted bowling attack for the ongoing tri-series, the Indian cricket board (BCCI) said on Thursday.

Factory output eases; rate expectations unchanged (Reuters) Posted: 12 Aug 2010 04:27 AM PDT Reuters - India's industrial output rose at its slowest pace in 13 months in June as growth in the cement and electricity sectors eased, but the Reserve Bank of India (RBI) is still expected to roll out more rate rises from next month as it battles double-digit inflation.

Ranbaxy CEO quits, cites strategy rift (Reuters) Posted: 12 Aug 2010 08:38 AM PDT Reuters - India's Ranbaxy Laboratories Ltd lost chief executive Atul Sobti on Thursday, the second CEO to quit since Japan's Daiichi Sankyo took control.

Vedanta in talks to buy stake in Cairn India (Reuters) Posted: 12 Aug 2010 07:28 AM PDT Reuters - India-focused Vedanta Resources is in talks to buy a stake in Cairn India that would be the diversified miner's first move into oil and gas, with funding for a deal likely to be a key issue.

Ssangyong picks India's Mahindra as preferred bidder (Reuters) Posted: 12 Aug 2010 04:09 AM PDT Reuters - South Korea's troubled Ssangyong Motor named India's Mahindra and Mahindra as its preferred buyer in a deal that reinforces the growing clout of emerging market automakers.

Tata Power plant's carbon status denial upsets investors (Reuters) Posted: 12 Aug 2010 04:27 AM PDT Reuters - A U.N. carbon credit scheme's rejection of a huge coal power plant by Tata Power deprives the project of revenue running into hundreds of millions of euros and rings alarm bells for investors developing similar plants.

Govt says BlackBerry meeting "inconclusive" (Reuters) Posted: 12 Aug 2010 04:08 AM PDT Reuters - The Indian government put off a decision on Thursday on whether to ban BlackBerry services over national security fears in the world's fastest growing telecoms market.

Policy action to show result in 6-12 months - RBI (Reuters) Posted: 11 Aug 2010 11:10 PM PDT Reuters - Monetary policy action taken by Reserve Bank of India (RBI) should start to show its impact on inflation over the next 6 to 12 months, a central bank deputy governor has said.

State Bank of India Q1 profit up 25 pct; shares jump (Reuters) Posted: 12 Aug 2010 02:37 AM PDT Reuters - State Bank of India (SBI), the country's biggest lender, beat forecasts with a 25 percent rise in quarterly profit as net interest income improved, lifting its shares up as much as 6 percent to a record high.

Australia's opposition vows better China, India ties (Reuters) Posted: 12 Aug 2010 01:32 AM PDT Reuters - Australia's conservative opposition promised on Thursday to smooth resource and investment tie-ups with China and India through a new diplomatic offensive across Asia if it won cliffhanger national elections on Aug. 21.

FACTBOX - India coal plants seeking U.N. carbon offsets (Reuters) Posted: 12 Aug 2010 03:58 AM PDT Reuters - India's burgeoning economy is struggling to meet rapid growth in electricity demand, with the nation of 1.2 billion people plagued by blackouts and ageing infrastructure.

Food inflation at 11.40 pct y/y as at July 31 (Reuters) Posted: 11 Aug 2010 11:42 PM PDT Reuters - The food price index rose 11.40 percent in the year to July 31, while the fuel price index climbed 12.66 percent, government data released on Thursday showed.

Senior BlackBerry official meets minister - source (Reuters) Posted: 12 Aug 2010 02:27 AM PDT Reuters - A senior official of Research in Motion's BlackBerry services met the home minister on Thursday over talks to restrict the smartphone's services because of security concerns, a government source said.

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