Reporting by Janaki Krishnan Editing by Ranjit Gangadharan

Shares of Xaar were down 3.2 percent at 46 pence at 1001GMT on the London Stock Exchange. ($1.6836 Pound) (Reporting by Tresa Sherin Morera in Bangalore; Editing byGopakumar Warrier). MUMBAI, Jan 15 (Reuters) - Indian shares provisionallyclosed down 3.26 percent on Thursday, following losses inglobal markets amidst a deepening banking crisis, while Satyam(SATY.BO) tumbled after a government official said there was nobailout plan under consideration. Shares in fraud-hit outsourcer Satyam Computer ServicesLtd provisionally closed down 31.7 percent at 20.45 rupees.ID:nSP194869 The main 30-share BSE Index .BSESN provisionally shed305.46 points to 9,065.03, with 26 components losing.

The 50-share NSE Index .NSEI.BO provisionally closed down3.23 percent at 2,743.75 points. (Reporting by Janaki Krishnan; Editing by Ranjit Gangadharan). (Adds details) China By Miho Yoshikawa TOKYO, Jan 15 (Reuters) - At least two Japanese coppersmelters have won a roughly 70 percent hike this year in thecopper processing fees they charge Billiton Plc/Ltd(BHP.AX)(BLT.L), company officials said on Thursday. Asian copper smelters have been able to hike copperprocessing fees for 2009 due to a rise in copper concentratesupply, which has eased the competition between firms in need ofthe raw material to produce copper. But economic conditions are grim as global demand plummetsfor the industrial metal, which is used extensively in the power,construction and other industries. Officials at Nippon Mining & Metals Co Ltd and MitsubishiMaterials Corp (5711.T) declined to give exact figure or othercontract details saying negotiations had not been completed withother miners.

But two market sources said the smelters had signed deals at$75 a tonne to treat and 7.5 cents a pound to refine copper's rawmaterial concentrate into the metal for 2009. "The fees have been improved by about 70 percent compared to2008," an official at Nippon Mining said. Nippon Mining is the parent company to Pan Pacific Copper CoLtd, Japan's top smelter. Industry officials say that 2008 treatment and refiningcharges (TC/RCs) had been largely set at $45 a tonne and 4.5cents a pound, respectively. The market sources said this week's agreement allows Japanesesmelters to settle payment for the imports two months afterarrival. Japanese smelters declined to comment on whether a priceparticipation (PP) clause, which helps boost processing chargeswhen copper prices rise, had been resurrected in the contract.