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International News on January 21, 2014


Preliminary Results 2013: MANN+HUMMEL Sales Grow to 2.77 Billion Euros
MANN+HUMMEL (www.mann-hummel.com) performed strongly in 2013 despite the varying economic conditions. According to preliminary financial results, sales for 2013 rose by around 6% from 2.62 (2012) to 2.77 billion euros. The number of employees increased to 15,100 in the previous financial year Business Wire India

The Coca-Cola Company Announces World Economic Forum’s “Global Shapers” Grant Challenge Winners
The Coca-Cola Company today announced the winners of Coca-Cola’s Shaping A Better Future Grant Challenge – a grant challenge exclusively for members of the World Economic Forum’s Global Shapers Community. Global Shapers are young leaders between 20 and 30 years old who are organized into a network of more than 300 city-based hubs Business Wire India

Nikkei BP Website Reports on Latest Global Updates on Mega-scale Solar Business
Nikkei Business Publications (President & CEO: Kohei Osada; Tokyo) reports on up-to-the minute news on the megawatt-scale solar power generation business growing across the globe, in its specialized website “Solar Power Plant Business” in English, Chinese and Japanese Business Wire India

The Estée Lauder Companies Promotes Two Key Executives
The Estée Lauder Companies Inc. (NYSE:EL) announced today that Chris Good has been promoted to President, United Kingdom and Ireland, and Sandra Main has been promoted to Global Brand President, La Mer. Their new roles became effective on January 1, 2014. Business Wire India

Economist Intelligence Unit Survey – More Retailers Using Analytics, but Barriers to Effective Use Remain
A new survey by The Economist Intelligence Unit finds that nearly all respondents’ businesses have seen a positive economic return from investment in data analysis for the strategy area. Also, the  single biggest barrier to retailers making effective use of data is figuring out what is useful amidst the overload—a problem cited by half of the respondents Business Wire India

Sify Reports Revenues of INR 2698 Million for Q3 of FY 2013-14
Sify Technologies Limited (NASDAQ: SIFY), a leader in Managed Enterprise, Network, IT and Software services in India with global delivery capabilities, today announced its consolidated results under International Financial Reporting Standards (IFRS) for the third quarter of fiscal year 2013-14. Business Wire India

Xaxis and 24/7 Media Finalize Merger, Forming World’s Largest Programmatic Media and Technology Platform
Xaxis, the world's largest programmatic media and technology platform, announced today the finalization of its merger with 24/7 Media. The combined company will continue under the Xaxis name and will be led by existing Xaxis global CEO Brian Lesser. David J. Moore, the founder, CEO and chairman of 24/7 Media will serve as Xaxis chairman. Business Wire India

Samsung India Wins the Prestigious Golden Peacock Award for its ‘Samsung Smart School’ CSR initiative
Samsung Electronics Co. Ltd, a global leader in technology has been awarded the prestigious ‘Golden Peacock Award for Corporate Social Responsibility 2013’ for its Samsung Smart School initiative. The Award recognises Samsung’s work to improve the quality of education provided to underprivileged children in the country through its CSR initiatives Business Wire India

CA Technologies Delivers True Consumer-Like Experience to Enterprise IT with CA Service Management
CA Technologies (NASDAQ:CA) today announced CA Service Management, an innovative solution that puts business users at the center of its strategy and advances key aspects of user experience, mobility and collaboration to drive better engagement between IT teams and employees Business Wire India

Badan SAR Nasional Selects Thuraya Services to Provide Vital Satellite Communications for Search and Rescue Efforts in Indonesia
Solutions from Thuraya Telecommunications Company, a leading Mobile Satellite Services (MSS) operator, have been selected by Badan SAR Nasional which is the National Search and Rescue Agency for the Republic of Indonesia to improve its search and rescue efforts in the country. Business Wire India

Indian Banking Industry to Emerge as the Third Largest in the World by 2020, Finds Frost & Sullivan
Banking assets in India account for 63 percent of the nation’s financial assets and play a crucial role in economic development. The central bank of India, which tightly regulates banking assets, is expanding the industry through financial inclusion and priority sector lending Business Wire India

Delta to Unveil its Latest Display Technologies at ISE 2014, Amsterdam
www.deltadisplays.com Delta, a leading provider of display technologies, will exhibit its state-of-the-art display solutions at ISE 2014, Amsterdam from February 4-6, 2014.  Visitors will experience the distinctive and diversified features of our display innovations Business Wire India

AFRICA – Accelerating Investments for an Agricultural Revolution
AGCO, Your Agriculture Company (NYSE: AGCO), a worldwide manufacturer and distributor of agricultural equipment, today held its third annual AGCO Africa Summit in Berlin, Germany. The Summit is a joint initiative of AGCO, Bayer CropScience, DEG – Deutsche Investitions- und Entwicklungsgesellschaft, Rabobank, De Lage Landen, and the John A Business Wire India

ZTE to Post 2013 Annual Profit of RMB 1.2 Billion to RMB 1.5 Billion
ZTE Corporation (“ZTE”) (H share stock code: 0763.HK / A share stock code: 000063.SZ), a publicly-listed global provider of telecommunications equipment, network solutions and mobile devices, today issued a guidance for a return to profitability in the company’s full-year financial results in 2013. Business Wire India

FirstCry Raises $15M Series C Round from Vertex, IDG, and SAIF
Vertex Venture Management, through one of its funds, led a $15 million Series C investment into Brainbees Solutions Pvt Ltd, which owns the ‘FirstCry.com’ brand, India’s #1 baby and kids focused e-commerce site.  Vertex is a subsidiary of Temasek Holdings. IDG Ventures India and SAIF Partners, the existing investors in Brainbees also participated in the round Business Wire India

Sportz Interactive Gears for Growth in 2014, Announces Arvind Iyengar as New CEO
One of the world’s most innovative sports solutions companies, Sportz Interactive has announced Arvind Iyengar as the company’s new Chief Executive Officer. The move was architected by the company’s Founder-CEO Naveen Aranha, who now transitions to a role focused on global partnerships and growth Business Wire India

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