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International News on July 19, 2013


Schlumberger Announces Second-Quarter 2013 Results
Schlumberger Limited (NYSE:SLB) today reported second-quarter 2013 revenue of $11.18 billion versus $10.57 billion in the first quarter of 2013, and $10.34 billion in the second quarter of 2012. Business Wire India

Paylessscales.com Launches New Website
Paylessscales.com has always had the best interest of their customers at heart. So once a company already offers a great selection of products at a great price, what more can it do for the customers? Give them a better buying experience. And so the new Paylessscales Business Wire India

Publicis Groupe and AOL Inc. To Form Strategic Partnership to Deliver Live Internet Advertising On Global Scale
Publicis Groupe [EURONEXT PARIS: FR0000130577, CAC 40] and AOL Inc. [NYSE: AOL] today announced they will launch the industry’s first global live advertising partnership for today’s multi-screen marketing era – PAL (Publicis AOL Live) Business Wire India

IGA with Colombia Set to Benefit Singapore Companies
Singapore firms are in good stead to include Colombia as part of their emerging markets strategies and tap opportunities in a variety of sectors, says Singapore company formation specialist Rikvin. In a bid to promote greater investment flows, Singapore and Colombia have this week signed an Investment Guarantee Agreement (IGA) in Bogota Business Wire India

AOL Hires Bob Lord to Be CEO of AOL Networks
AOL Inc. (NYSE:AOL) today announced that Bob Lord is joining the company as CEO of AOL Networks, effective August 1. Lord most recently was Global CEO of Razorfish and CEO of Publicis Groupe’s Digital Technologies Division. Business Wire India

ACE Names Damien Sullivan Chairman of Asia Pacific Region; Juan Luis Ortega Appointed President, Paul McNamee to Be Deputy President
The ACE Group announced today that Damien Sullivan has been named Chairman of the company’s Asia Pacific region. Currently the region’s President, Mr. Sullivan in this new role will focus on governance, strategic planning and senior customer relationships across the region, which spans North and Southeast Asia, Australia and New Zealand Business Wire India

Taro Board Announces Senior Leadership Changes
Taro Pharmaceutical Industries Ltd. (NYSE: TARO) (“Taro” or the “Company”) announced today that Mr. Dilip Shanghvi has been appointed to Taro’s Board of Directors as its Chairman. Taro also announced that, effective August 1, 2013, Mr. James Kedrowski will be retiring as its Interim Chief Executive Officer, and that Mr Business Wire India

Power Integrations Teams With Qualcomm on Rapid-Charging Technology for Mobile Devices
Power Integrations (Nasdaq: POWI), the leader in high-voltage integrated circuits for energy-efficient power conversion, today introduced CHY100, the first AC-DC wall-charger interface IC that enables designers of mobile devices to implement the Quick Charge 2.0 protocol from Qualcomm (Nasdaq:QCOM) Business Wire India

Celgene Will Discontinue Phase III ORIGIN® Trial in Previously Untreated Elderly Patients with B-Cell Chronic Lymphocytic Leukemia
Celgene Corporation (NASDAQ: CELG) today announced that after consultation with the U.S. Food and Drug Administration (FDA) Celgene will discontinue treatment with REVLIMID® (lenalidomide) in the open-label, phase III ORIGIN® trial, which enrolled 450 patients in over 100 sites in 26 countries Business Wire India

Syntel Reports Second Quarter 2013 Financial Results
Highlights: -- Q2 revenue of $202.5M, up 13% from year-ago quarter, and 7% sequentially -- Q2 EPS of $1.14 per diluted share, up 10% from year-ago quarter, and 3% sequentially -- Q2 cash & short term investments of $552M -- Global Headcount of 22,866 on June 30, 2013, up 14% versus prior year Syntel, Inc Business Wire India

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