Yahoo! News India

  • Survivors pulled from Oklahoma tornado debris as toll falls Reuters
    Survivors pulled from Oklahoma tornado debris as toll falls

    By Carey Gillam and Ian Simpson MOORE, Oklahoma (Reuters) - Emergency workers pulled more than 100 survivors from the rubble of homes, schools and a hospital in an Oklahoma town hit by a powerful tornado, and officials lowered the death toll from the storm to 24, including nine children. The 2-mile (3-km) wide tornado tore through Moore outside Oklahoma City on Monday afternoon, trapping victims beneath the rubble, wiping out entire neighborhoods and tossing vehicles about as if they were toys. ...

  • U.S. court studies wiretaps in Rajat Gupta insider case Reuters
    U.S. court studies wiretaps in Rajat Gupta insider case

    By Nate Raymond NEW YORK (Reuters) - Lawyers for former Goldman Sachs Group Inc board member Rajat Gupta sought to reverse his insider-trading conviction on Tuesday, arguing that wiretap evidence used by the prosecution should not have been introduced at trial. Defense lawyer Seth Waxman told the 2nd U.S. Circuit Court of Appeals in New York that wiretaps played for the jury were inadmissible because they amounted to hearsay evidence. ...

  • EU leaders look to end Apple-style tax avoidance schemes Reuters
    EU leaders look to end Apple-style tax avoidance schemes

    By Luke Baker and Mark John BRUSSELS/PARIS (Reuters) - Growing concern in European capitals about aggressive tax avoidance by high-profile corporations such as Amazon, Google and Apple looks set to steal the agenda of a European Union summit in Brussels on Wednesday. The summit was originally called to discuss energy policy and tax coordination, but press reports in Britain, France and the United States exposing how little tax major international companies have been paying by carefully structuring their European operations has forced the issue up the agenda. ...

  • Kaymer on receiving end of Ryder Cup jibes in U.S. Reuters
    Kaymer on receiving end of Ryder Cup jibes in U.S.

    By Tony Jimenez VIRGINIA WATER, England (Reuters) - Martin Kaymer's popularity has gone down a notch on the other side of the Atlantic after he holed the winning putt for Europe in last year's Ryder Cup against the United States, he said on Tuesday. The 28-year-old German, who spends a lot of his time on the U.S. PGA Tour, explained that some Americans had turned against him following his exploits in Illinois in September. ...

  • EU watchdog unveils caps for bank bonuses Reuters
    EU watchdog unveils caps for bank bonuses

    By Huw Jones LONDON (Reuters) - EU regulators confirmed on Tuesday that they will cap bonuses of bankers earning more than 500,000 euros a year and added other conditions to make the pay ceiling harder to smash. The headline figure was leaked last Friday, triggering warnings by banks in the European Union that they may lose staff to other parts of the world, and that London, the bloc's top financial centre, could be damaged. Accounting firm PwC predicted that the number of London bankers affected will be 10 times the number hit by current pay curbs. ...

  • Dimon keeps JPMorgan chairman title after bruising battle Reuters
    Dimon keeps JPMorgan chairman title after bruising battle

    By David Henry TAMPA, Florida (Reuters) - Jamie Dimon, JPMorgan Chase & Co's outspoken chairman and chief executive, won a vote of confidence on Tuesday as shareholders recommended that he keep his chairman title, giving him a greater margin of approval than last year. Investors who had pressed for Dimon to be stripped of his chairman title said they believed they lost because of the chief executive's hints he would quit if he did not win the vote. Just 32.2 percent of shareholder votes were in favor of a proposal to create an independent chairman, compared with 40. ...

  • BlackBerry shifting emphasis from smartphones to services Reuters
    BlackBerry shifting emphasis from smartphones to services

    By Euan Rocha TORONTO (Reuters) - BlackBerry no longer owns the fast-paced, innovative smartphone world but the company, whose email-on-your-hip devices once revolutionized the industry, now aims to run it. The change in focus was hard to miss at the company's well-attended annual conference in Florida last week, even as news of a new smartphone model and its plans to offer the popular BlackBerry Messaging (BBM) instant message service on other platforms grabbed the headlines. ...

  • U.S. Senate panel peels back Apple's offshore taxes Reuters
    U.S. Senate panel peels back Apple's offshore taxes

    By Patrick Temple-West WASHINGTON (Reuters) - Apple Inc's chief executive officer defended the company's tax record at a Tuesday Senate hearing where lawmakers said the maker of iPads, iPods and Mac computers kept billions of dollars in profits in Irish subsidiaries to avoid U.S. taxes. The hearing marked another foray by the Senate's most powerful investigative committee into corporate offshore tax avoidance, which is increasingly a target of many governments from the United States to Western Europe. ...

  • EU and U.S. not coordinating on China solar dispute Reuters

    By Daniel Bases and Doug Palmer (Reuters)- NEW YORK/WASHINGTON - Europe and the United States both said on Tuesday they were not holding coordinated talks to negotiate an end to a trade dispute with China over the dumping of solar panels onto their respective markets. The European Union has until June 5 to decide whether to impose duties averaging 47 percent on Chinese manufactured solar panels. The United States has already imposed duties of about 30 percent on Chinese manufacturers. "We do not have a common battle plan. ...

  • Anchoring ban brings cheers and jeers Reuters
    Anchoring ban brings cheers and jeers

    By Larry Fine NEW YORK (Reuters) - The decision on Tuesday by golf's rule-makers to ban the anchoring of putters brought cheers and jeers from among prominent players and major golf organizations. The U.S. PGA Tour and the PGA of America, who both emphatically opposed the proposed rule, said they were still against a ban and would evaluate their positions now that the rule has been officially adopted to begin on January 1, 2016. The Ladies Professional Golf Association (LPGA), meanwhile, said it would follow the rules and adopt the ban. ...

  • Microsoft unveils new Xbox One game console Reuters
    Microsoft unveils new Xbox One game console

    REDMOND, Washington (Reuters) - Microsoft Corp gave the world the first look at its new game console on Tuesday, hoping the newly named Xbox One will build on a solid core of gamer fans and become a hub for living room entertainment. The third-generation Microsoft console, coming eight years after the Xbox 360, was unveiled by games unit chief Don Mattrick at an event at the software company's campus near Seattle. The Xbox One is an "ultimate all-in-one entertainment system," Mattrick said. ...

  • More picks means McGinley has some wriggle room Reuters

    By Tony Jimenez VIRGINIA WATER, England (Reuters) - European captain Paul McGinley was given a "little bit of wriggle room" after being granted an increase in wildcard selections from two to three players for next year's Ryder Cup match against United States. The Irishman asked the European Tour for the change to make sure all bases would be covered for the 2014 edition of the biennial event in Scotland. "We don't know what the weather is going to be like," McGinley told a news conference at the venue for this week's PGA Championship at Wentworth. ...

  • Garcia will shake Woods' hand next time feuding pair meet Reuters
    Garcia will shake Woods' hand next time feuding pair meet

    By Tony Jimenez VIRGINIA WATER, England (Reuters) - Sergio Garcia's feud with Tiger Woods will not stop him shaking hands with the world number one the next time they are drawn together in a tournament, the Spaniard said on Tuesday. Garcia blamed a roar from the crowd watching the 14-times major winner for an errant shot when the two men featured in the same group at the Players Championship in Florida two weeks ago. The gallery erupted during the Spaniard's backswing upon seeing Woods reach for his five-wood for a daring escape from a tee shot deep into the trees. ...

  • Beckham junior trains with QPR academy Reuters
    Beckham junior trains with QPR academy

    LONDON (Reuters) - David Beckham's eldest son Brooklyn has trained at the junior academy of London club Queens Park Rangers and bookmakers are already offering short odds that the 14-year-old will emulate his father by playing for England. QPR said on Twitter that he was training with them but had not officially joined their academy. Beckham senior, who began his career by joining Manchester United's academy also at the age of 14, retired from the game last week after helping Paris St Germain to the French league title but now has a home in London. ...

  • West Ham sign Rat on one-year deal Reuters
    West Ham sign Rat on one-year deal

    LONDON (Reuters) - West Ham United have signed Romania captain Razvan Rat on a free transfer, the Premier League club said on Tuesday. The left back joins on an extendable one-year deal after his contract at Ukrainian champions Shakhtar Donetsk came to an end. The 31-year-old has 88 caps for Romania and won seven Ukrainian titles as well as the UEFA Cup during his time in Donetsk. "I'm hugely happy that we've got a player of his experience and his character," West Ham manager Sam Allardyce said on the club website (www.whufc.com). ...

  • Super Kings vs Mumbai Indians IANS

    New Delhi, May 21 (IANS) Scoreboard of qualifier 1 of the Indian Premier League (IPL) between Chennai Super Kings and Mumbai Indians at the Ferozeshah Kotla here Tuesday.

  • IPL: CSK beat Mumbai by 48 runs, reach finals IANS

    New Delhi, May 21 (IANS) Chennai Super Kings secured yet another final berth after a convincing 48-run win over Mumbai Indians in qualifier 1 of the Indian Premier League (IPL) at the Ferozeshah Kotla here Tuesday.

  • Oklahoma tornado toll lowered to 24 from 91 IANS

    Washington, May 21 (IANS) As rescuers searched for survivors of Monday's devastating tornado that pulverized a vast swath of the Oklahoma City suburbs, authorities revised the death toll down to 24 from 91. Nine of the fatalities are children.

  • Aam Aadmi Party criticises new CAG's appointment IANS

    New Delhi, May 21 (IANS) Aam Aadmi Party (AAP) Tuesday criticized the appointment of former defence secretary Shashi Kant Sharma as the new Comptroller and Auditor General, accusing the United Progressive Alliance government of accusing of weakening constitutional institutions.

  • UPA losing ground, PM's image taking beating, say opinion polls IANS

    New Delhi, May 21 (IANS) On the eve of the fourth anniversary of UPA-II, opinion polls have not brought any cheer to the government, predicting slide in the ruling alliance's tally amid rising dissatisfaction among large sections of urban voters over its performance.

  • Get Raj, Prithviraj back to make 'Awara' again: Ranbir Kapoor IANS

    Mumbai, May 21 (IANS) Actor Ranbir Kapoor Tuesday said he was not aware of any plans for his father Rishi Kapoor and him to reprise his great-grandfather Prithviraj Kapoor and grandfather Raj Kapoor's roles in "Awara", saying one will have to get them and Nargis back to this world to make the film again.

  • Jessica murder: Court decision on hostile witnesses Wednesday IANS

    New Delhi, May 21 (IANS) The Delhi High Court Wednesday is likely to pronounce its verdict whether to prosecute Bollywood actor Shyan Munshi and 18 others on charges of perjury for turning hostile during their deposition in model Jessica Lall's murder trial.

  • Delhi cop run over by truck IANS

    New Delhi, May 21 (IANS) A 40-year-old Delhi Traffic Police constable was killed by a speeding truck here Tuesday morning, police said. The errant truck driver was arrested.

  • Mamata plans to ban online lottery IANS

    Kolkata, May 21 (IANS) West Bengal Chief Minister Mamata Banerjee announced Tuesday that the government would ban online lottery "Online lotto".

  • Kashmir 'preacher' arrested for sexual exploiting four minors IANS

    Srinagar, May 21 (IANS) A self-styled "religious preacher" was arrested from Jammu and Kashmir's Badgam district for repeated sexual exploitation of four minor girls at an institute he ran, police said Tuesday.

  • UPA is losing ground, say opinion polls IANS

    New Delhi, May 21 (IANS) On the eve of the fourth anniversary of UPA-II, opinion polls have not brought any cheer to the government, predicting slide in the ruling alliance's tally amid dissatisfaction among large sections of urban voters over its performance.

  • AERB signs MoU with Anna University to promote research IANS

    Chennai, May 21 (IANS) India's atomic regulator and city based Anna University Tuesday signed a memorandum of understanding to promote research in academic institutions in the areas of atomic energy regulation and safety.

  • Bengal surveying extent of encroached tribal land IANS

    Kolkata, May 21 (IANS) The West Bengal government is conducting a survey for gauging the extent of tribal land encroached upon in the state's northern part, Chief Minister Mamata Banerjee said here Tuesday.

  • Goa's land record software wins international award IANS

    Panaji, May 21 (IANS) A land record portal developed by the Goa government has won an international award for making e-governance concepts people-friendly and accessible, Chief Minister Manohar Parrikar said Tuesday.

  • Delhi cops to quiz Sreesanth for five more days IANS

    New Delhi, May 21 (IANS) A Delhi court Tuesday extended by five days the police custody of cricketer S. Sreesanth, his Rajasthan Royals teammates Ankeet Chavan and Ajit Chandila and eight bookies for alleged spot fixing in the ongoing Indian Premier League.