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*TOP NEWS* India

Wed Jun 11, 2008 8:26pm IST
 
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 Following are the key India news stories on the wire on
Wednesday. Click on the codes in []  bracket to see the
stories. Access to some stories will depend on subscription
levels
 ---------------------------------------------------------------
 ---------------------- 
 TOP
 India cbank raises repo rate by 25 bps to 8.00 pct           
[nBOM260784]
 Japan drug maker Daiichi bids $4.6 bln for Ranbaxy           
[nBOM196567]
 Indian shares rebound 2 pct, Ranbaxy ends flat               
[nBOM171938]
 REACTIONS TO REPO RATE INCREASE
 INSTANT VIEW-India cbank raises repo rate by 25 bps to 8.00
pct [nDEL23364]
 BANKERS' VIEWS - India cbank raises repo rate to 8 pct       
[nBOM166578]
 MARKETS
 India cbank raises cap on open mkt ops in oil bonds          
[nBMA000899]
 India index futures rise on short-covering                   
[nBOM206516]
 Indian cash rates end up after outflows drain cash           
[nBOM205880]
 Indian rate swaps ease tracking bond yields                  
[nBOM130084]
 India bond yields ease but inflation worries remain          
[nBOM254150]
 Indian rupee gains as rising shares boost sentiment          
 [nBOM41357]
 NEW ISSUE-India's NABARD to raise 2 bln rupees via bonds     
[nMBI001507]
 Snapshot - Markets at a glance                               
[nBOM255364]
 Hotstocks                                                    
[nBOM221829]
 ECONOMY
 Indian states to mull jet fuel tax cuts next week            
[nDEL206061]
 UBS cuts India 08/09 GDP growth forecast to 7.7 pct          
[nBOM104941]
 Indian Data Watch                                            
[nINDATA]
 COMPANIES
 NIIT Tech profit down on mark-to-market loss                 
[nDEL204508]
 TABLE-KPIT Cummins Jan-March net down 39 pct                 
[nBOM273714]
 TABLE-GMDC Jan-March net profit soars                        
[nBOM322905]
 Arvind Mills calls off JV with Diesel                        
[nBOM264481]
 Siemens gets orders worth 1.6 bln rupees                     
[nBOM260437]
 NIIT Jan-March net profit up 47 pct                          
[nBOM258584]
 Indian firms add 6.3 mln GSM mobile users in May             
[nDEL255360]
 SCI Q4 net down 11 pct on crude, personnel cost              
[nBOM255159]
 Fuel price hike may skew India motorbike demand              
[nBOM218521]
 Avaya Global sees more growth in Indian software mkt         
 [nBOM53909]
 Natco Pharma shares surge on Mylan deal                      
[nBMB001946]
 Ranbaxy CEO says sold stake to ensure Daiichi deal           
[nBMA000896]
 Daiichi to pay up to $4.6 bln for control of Ranbaxy         
  [nT347557]
 INTERVIEW-UBS fund arm hopes for India entry                 
[nPEK270044]
 Gammon India acquires stakes in 2 Italian firms              
[nBMB001956]
 Sanghvi Movers sees 50 pct rise in '09 profit                
[nBOM132228]
 Unichem Labs gets US nod for zaleplon capsules               
[nBMB001957]
 Ratnamani Metals to consider stock split                     
[nBMB001958]
 JSW Steel's margins impacted by 5-10 pct- MD                 
[nBMB001955]
 Malaysia's TMI says no plan to sell Spice telecom stake      
 [nKLR83047]
 3i Infotech buys 51 pct in Mumbai software co                
[nBMB001953]
 PSL gets 19.28-bln-rupee order from GAIL                     
[nBMB001952]
 INTERVIEW-India's tyre production seen up 10 pct on year     
 [nDEL98628]
 India grants mining lease to ArcelorMittal                   
[nL11410794]
 Entegra to consider rights share issue on June 17            
[nBMB001947]
 Deccan-Kingfisher may suspend some flights-official          
[nBOM168676]
 India Idea to offer stake to Telekom Malaysia-paper          
[nBOM217639]
 Press Digest                                                 
 [nBOM77916]
 COMMODITIES
 India soybean futures end up on global cues                  
[nBOM243036]
 India corn futures higher on U.S. cues; rains weigh          
[nBOM320540]
 India sugar futures rise on crop worry, NY                   
[nBOM264309]
 India guar futures rise on short-covering                    
[nBOM145407]
 Kapaskhali end steady on profit-taking                       
 [nBOM66366]
 India pepper futures fall on low export demand               
[nBOM240505]
 Jeera erases gains on low demand, Syrian price cut           
[nBOM251463]
 India chilli futures extend losses on profit-taking          
[nBOM256882]
 India turmeric futures extend gains tracking spot            
[nBOM255474]
 India copper recovers after fall; zinc, lead down            
  [nBOM9830]
 Urban Indian appetite boosts fruit, vegetable acreage        
  [nBOM9571]
 Indian soybean futures up on overseas cues                   
[nBOM171717]
 India gold demand low as prices remain firm                  
[nBOM237763]
 Press Digest                                                 
[nBOM218054]
 GENERAL
 Deposed king vows to stay on and work for Nepal              
[nDEL197878]
 Family buried alive in India for witchcraft                  
[nBOM222524]
 INTERNATIONAL
 Dollar/yen rises on Fed, Stark weighs on euro                
[nL11758463]
 Oil above $133, awaits US inventory data                     
 [nSP230999]
 Bosnian Serb war crimes fugitive arrested                    
[nL11695578]
 China May steel exports highest since July 2007              
[nSHA348249]
 FEATURE-Pulse of global wealth beats in London's Bond St     
[nL05782933]
 Japan MOF official: G8 finmins may discuss forex             
[nTKU003341]
 At least 28 killed in Sudanese airliner blaze                
[nL10314217]
 Zurich tops list of best places to live, Baghdad last        
  [nSP81984]
 ---------------------------------------------------------------
 ------------ TOP NEWS SUMMARIES ON OTHER SUBJECTS
 FRONT PAGE       [TOP/NEWS]                  GENERAL         
 [TOP/G]
 ASIAN COUNTRIES  [TOP/ASIA]                  SPORTS         
[TOP/SPO]
 DIRECTORY            [TOP/]                  ASIAN COMPANIES
[TOP/EQA]
 ---------------------------------------------------------------
 ---------- ((Xtra clients: double click on
topnews.session.rservices.com to see Top News Pages in
multimedia Web format))
 (Compiled by Prem Udayabhanu, Sunil Nair, Harish Nambiar and
Ramya Venugopal in MUMBAI)


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