Press Releases for India
Yum! Brands Announces Opening of 40,000th Restaurant with KFC in Goa, India to Spotlight Emerging Market Leadership and Growth
Yum! Brands (NYSE: YUM), the world’s leading restaurant company, announced the opening of its 40,000th restaurant, a flagship KFC store in Goa, India, to spotlight the Company’s emerging market leadership and growth. By 2015, India is expected to have $1 Billion in system sales, which includes company and franchise restaurants. By then, the restaurant company will have over 1,000 KFC, Pizza Hut and Taco Bell outlets in more than 100 cities.
NDS Surgical Imaging Advances Healthcare in Emerging Markets with New 21” EndoVue SE Surgical Display
NDS Surgical Imaging (NDSsi) has developed a new surgical display designed to bring the latest imaging technology to cost-sensitive emerging markets. Offering an advanced feature set including LED-backlight technology, the 21” EndoVue SE delivers the image quality of a high-definition (HD) surgical display in an affordable solution. Shipping now, the 21” EndoVue® SE display provides medical-grade reliability, and is specially engineered for multiple applications within any OR setting.
Apollo and Cooper Announce Expiration of Hart-Scott-Rodino Act Waiting Period
Apollo Tyres Ltd (NSE: ApolloTYRE) and Cooper Tire & Rubber Company (NYSE: CTB) today announced that the Hart-Scott-Rodino (HSR) review period for the pending merger of Apollo and Cooper expired on July 26, 2013 with no action by the Federal Trade Commission or the Department of Justice.
Apollo Tyres to Acquire Cooper Tire & Rubber Company
Apollo Tyres Ltd (NSE: ApolloTYRE) and Cooper Tire & Rubber Company (NYSE: CTB) today announced the execution of a definitive merger agreement under which a wholly-owned subsidiary of Apollo will acquire Cooper in an all-cash transaction valued at approximately $2.5 billion. Under the terms of the agreement, which has been unanimously approved by the boards of directors of both companies, Cooper stockholders will receive $35.00 per share in cash. The transaction represents a 40% premium to Cooper’s 30-day volume-weighted average price.
Heartbeat Experts Reports Over 350% Year To Date Growth from the Emerging Markets
Heartbeat Experts, the global leader in stakeholder management solutions for the life sciences industry, announced today 350% year-over-year growth in emerging markets in the first quarter of 2013 compared to the same period in 2012.
Southco Expands SAP ECC 6.0 System Globally under Rimini Street Support
SAP SAPPHIRE NOW 2013 Conference — Rimini Street, Inc., the leading third-party maintenance and support provider for enterprise software, including SAP AG (NYSE:SAP) software and Oracle Corporation’s (NASDAQ: ORCL) Siebel, PeopleSoft, JD Edwards, E-Business Suite, Oracle Database and Hyperion software, today announced that Southco, a leading international provider of engineered access hardware, recently completed the initial phase of its strategic SAP global expansion while utilizing Rimini Street for support of its SAP ECC 6.0 system. Like Southco, hundreds of companies around the world are leveraging third-party support from Rimini Street to reduce total support costs by up to 90 percent while continuing to advance the scope, scale and use of its enterprise software to achieve its business objectives. As a result, many Rimini Street clients, including Southco, are able to use their significant savings from third-party support to fund important business and IT improvements that directly affect their ability to better compete in the global marketplace.
Monster Worldwide Reports First Quarter 2013 Results
Monster Worldwide, Inc. (NYSE:MWW) today reported financial results for the first quarter ended March 31, 2013. Concurrently, Monster announced that its Board of Directors has authorized the repurchase of up to $200 million of the Company’s outstanding shares over a period of 24 months.
Hines Releases Inaugural Sustainability Report
Hines, the privately held international real estate firm, announced today the release of the firm’s first ever Sustainability Report. The comprehensive report provides a detailed review of Hines’ environmental, social and governance performance, compiled in accordance with the Global Reporting Initiative (GRI).
Dow AgroSciences Divests European Dithane Business to Indofil Industries Ltd.
Dow AgroSciences LLC, a wholly owned subsidiary of The Dow Chemical
Company (NYSE: DOW), has divested its European Dithane®
fungicide business to Indofil Industries Ltd. of Mumbai, India.
Lava First to Deliver New Smartphone Based on Intel Technology to Fast-Growing India Market
Intel Corporation and Lava International Ltd., one of India’s
fastest-growing mobile handset companies, announced that the companies
are collaborating to launch the XOLO X900 — India’s first smartphone
with Intel Inside®. The XOLO X900 from Lava is based on Intel’s
smartphone reference design featuring the Intel® Atom™
processor Z2460 with Intel® Hyper-Threading Technology and
supporting HSPA+ with the Intel
XMM 6260 Platform.