Random House is the leading English language publisher in the US and the UK, while Penguin is the world's most famous publishing brand and has a strong presence in fast-growing developing markets.

ENGADGET: Penguin and Random House merge, promise a brave new e-book future

"Esha Khare, 18, of Saratoga, California has received the Intel Foundation Young Scientist Award for developing a fast-charging super-capacitor that fits inside a cell phone, charges the battery in under a minute, and holds it for long, " the paper adds.

BBC: Indian media: Ties with Beijing

But she does see in India, as in other fast developing countries, a growing interest in western standards of beauty - driven in part by increasing access to US media via satellite and an ensuing fascination for all things American.

BBC: NEWS | In Depth | In the eye of the beholder?

Yum Brands, which owns and franchises the largest number of fast-food restaurants in the world, pursues a strategy of expansion in the developing markets.

FORBES: Stay On The Offense With Five Stalwart Stocks For A Resurging, If Volatile Market

Pfizer, which always kept a presence in developing new germ-killing drugs, saw its Zyvox become a fast-growing drug in recent years.

FORBES: Magazine Article

But Monsanto, backed by the Obama administration and a range of businesses, say protecting intellectual property is more important than ever, especially in fast-developing technological fields.

CNN: Monsanto court victory could have big impact on biotech

But Monsanto, backed by the Obama administration and a range of businesses, says protecting intellectual property is more important than ever, especially in fast-developing technological fields.

CNN: STORY HIGHLIGHTS