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International News on February 28, 2014

UST Global Team Bags Top Prize at KMA Young Managers Contest
UST Global’s team comprising Mr. Vinod, Mr. Eldho and Mr. Sunil J have emerged winners of the KMA Young Managers’ Competition organised by the Kerala Management Association at Kochi. Of the total 31 teams that competed for the top honours, 10 were shortlisted for finals. The UST Global team made it to the top 10 and then went on to walk away with the winner’s trophy Business Wire India

GAMCO Asset Management Inc. and DIAM Asset Management Launch Japan-Based Open-End Fund
GAMCO Investors, Inc. (NYSE:GBL) has announced that it has partnered with Japan-based DIAM Asset Management to launch a Japanese open-ended fund (investment trust), “The Beikoku Wariyasukabu Fund,” an All Cap Value fund nicknamed “The Value Hunter.” The fund will open on March 19, 2014 Business Wire India

Covidien Completes Acquisition of Given Imaging
Covidien plc (NYSE: COV) today announced that it has closed its acquisition of Given Imaging Ltd., providing the company additional scale and scope to serve a significant medical specialty, the multibillion dollar global gastrointestinal (GI) market. Business Wire India

Publication of Toshiba Semiconductor & Storage Products Company Environmental Report 2013 (English Version)
Toshiba Corporation (TOKYO:6502) today announced that it has published the English-language edition of Toshiba Semiconductor & Storage Products Company Environmental Report 2013. Business Wire India

Third Point LLC Responds to Sotheby’s Conclusion That Daniel S. Loeb Would Be an Appropriate Member of the Company’s Board of Directors
Sotheby’s has shared its conclusion that Daniel S. Loeb would be an appropriate member of the Company’s Board of Directors. The Company also constructively acknowledged Mr. Loeb’s contributions to improving Sotheby’s condition over the past six months and the positive impact his insights have had on increasing value for shareholders. Business Wire India

Aeria Games Sells European Subsidiary to ProSiebenSat.1 Games To Focus Exclusively on Global Mobile Games Development and Publishing Going Forward
Aeria Games & Entertainment, Inc. ("Aeria Games") has signed an agreement to sell its worldwide PC games business including its subsidiary Aeria Games Europe GmbH to ProSiebenSat.1 Games, a leading game publisher and a subsidiary of one of Europe’s largest major media companies Business Wire India

Old Navy Opens First Store in Mainland China
Gap Inc. (NYSE: GPS) has announced Old Navy’s opening of the brand’s first store in China, continuing its expansion outside the U.S. Business Wire India

Beltone Launches Beltone First, a Revolutionary Hearing Aid
Beltone First™ hits the market as a revolutionary hearing aid capable of streaming high-quality stereo sound from an iPhone®, iPad® and iPod touch® without the need for an additional pendant-like device. Wearers can also customize their hearing experience through the Beltone HearPlus app Business Wire India

T-Mobile Netherlands Selects Mavenir™ for Session Border Controller (SBC)
Mavenir Systems (NYSE: MVNR), has announced that its Session Border Controller (SBC) was selected by T-Mobile Netherlands for IP Voice Interconnect. Business Wire India

Synechron Strengthens Presence in Pune with Launch of its New Facility
Synechron, one of the fastest growing global IT companies focused on the financial services industry, today fortified its presence in Pune by unveiling a new state-of-the-art eco-friendly facility with an investment of over USD 20 mn. Spread over 75000 sq. ft Business Wire India

Everest Edusys Presents the Grand Finale of the First Mega Inter Chennai Corporation Schools Science Competition, ‘Po Singa Po’
2014 being the year for ‘Fostering Scientific Temper’, Science Education Visionary, Everest Edusys, marked the National Science Day milestone, with a special event ‘Po Singa Po’. As a part of the academic enrichment program for their flagship solution QED; the first time in India, a reality show based Science competition was unveiled Business Wire India

UAE Exchange Recognized for CSR Practices
UAE Exchange India bagged the 2014 award for the “Best Use of Corporate Social Responsibility Practices” in Banking & Finance Sector in the recently concluded 3rd Global CSR Excellence & Leadership Awards. Business Heads of Mumbai Branches Mr. Pradeep Chander Singh and Mr Business Wire India

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