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  • HCL Tech March-quarter profit up 3.6 percent, lags estimates
    HCL Tech March-quarter profit up 3.6 percent, lags estimates

    MUMBAI (Reuters) - HCL Technologies Ltd, India's fourth-largest software services exporter by revenue, reported a 3.6 percent rise in quarterly net profit on Tuesday, lagging street estimates as margins dropped due to currency volatility. Consolidated net income for HCL Technologies under U.S. accounting standards rose to 16.83 billion rupees ($267 million) in the quarter ended March 31 from 16.24 billion rupees a year earlier, the company said in a statement. Analysts, on average, had expected …

  • Insight: With a prince's backing, James Murdoch may soon ascend at Fox
    Insight: With a prince's backing, James Murdoch may soon ascend at Fox

    Saudi Arabia's Prince Alwaleed bin Talal is in no doubt that James Murdoch is ready to take a much bigger role at Twenty-First Century Fox , by far the largest part of the media empire that James' father Rupert Murdoch built.     "James is a giant!" said Alwaleed, a Murdoch family ally and one of Fox’s top shareholders with a 6.6 percent voting stake, in an interview. In particular, Alwaleed points to what he says is James' ability to grasp the digital world and understand how it is …

  • Cheteshwar Pujara bounces back with half-century after duck on Yorkshire debut
    Cheteshwar Pujara bounces back with half-century after duck on Yorkshire debut

    Cheteshwar Pujara's half-century leads Yorkshire fight back …

  • China and Pakistan launch economic corridor plan worth $46 billion
    China and Pakistan launch economic corridor plan worth $46 billion

    By Katharine Houreld ISLAMABAD (Reuters) - China and Pakistan launched a plan on Monday for energy and infrastructure projects in Pakistan worth $46 billion, linking their economies and underscoring China's economic ambitions in Asia and beyond. China's President Xi Jinping arrived in Pakistan to oversee the signing of agreements aimed at establishing a China-Pakistan Economic Corridor between Pakistan's southern Gwadar port on the Arabian Sea and China's western Xinjiang region. …

  • France's Hollande sees many obstacles to climate deal in Paris
    France's Hollande sees many obstacles to climate deal in Paris

    French President Francois Hollande said on Monday there were many obstacles to reaching a U.N. deal to fight climate change at a summit in Paris in December, with concerns about the strategy of big emerging nations such as India. I don't think so," Hollande said in a speech on "green growth" at the Elysee presidential palace. Experts say plans submitted by 34 nations for fighting climate change beyond 2020 would leave the world on track for warming well above the limits agreed with the United …

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