Company Updates

RIM Shares Up Amid Microsoft Adoption Plan

Research in Motion Ltd.Toronto: Research in Motion Ltd moved higher on yesterday on renewed market assumption that Microsoft Corp could be interested in adopting the Black Berry manufacturer.

Frederic Ruffy, a market analyst at options education firm Optionetics in California, said, “Microsoft has been mentioned as a possible buyer.”

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

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