*TOP NEWS* India

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
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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]
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------------ 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]
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(Compiled by Prem Udayabhanu, Sunil Nair, Harish Nambiar and
Ramya Venugopal in MUMBAI)