Company Updates

Roche Molecular West Nile Virus Test Gets FDA Nod

West NileThe automated West Nile virus test conducted by Pleasanton’s Roche Molecular Systems Inc. has won U.S. Food and Drug Administration authorization

It is the second FDA sanctioned examination for identifying the virus in blood and organs.

San Diego’s Gen-Probe Inc. developed the initial test, which is marketed by Emeryville’s Novartis Vaccines and Diagnostics Inc., part of Novartis AG.

20 Special Economic Zones approved by Board of Approval

Sun TV Subsidiary acquires 48.9% stake in Red FM

RED FMSun TV arm, South Asia FM (SAFL) has signed up a strategic partnership agreement with Red FM.

Rising Rupee will effect Technology Companies: Infosys CEO

Infosys CEO Nandan NilekaniThe challenge for Infosys Technologies is coping wit

GMR Group Undergoes Organizational Re-Alignment

Bangalore: GM Rao GroupSpeedy development in various key segments has coerced the Rs 30,000-crore infr

Firstsource pays $330 Mln for MedAssist

Firstsource Solutions Ltd.Mumbai: Back-office Company Firstsource Solutions Ltd has adopted U.S.-based MedAssist, a leading provider of revenue cycle management in the healthcare industry for $330 million.

There would be no alteration in the organization of MedAssist and all 1,400 employees would carry on their existing duties, Firstsource said..

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