The retailer‘s announcement comes as a hard rap on the knuckles of Indian IT industry, which was already reeling under global gloom in the sector.
Capgemini, one of the world‘s foremost providers of consulting, technology and outsourcing services, today announced GE Digital as the winner of the Nasscom-Capgemini Global Leadership Award for Business Transformation at the NASSCOM India Global Leadership Forum 2016 held at Grand Hyatt, Mumbai.
Janice Semper, Head-Culture, GE is leading one of the biggest cultural transformations for the company as they move from annual raises to a performance development system. We caught up with her to talk about managing the human challenge, FastWorks and the cultural imperatives needed for an industrial company going digital.
Nalin Jain, President & CEO, GE Transportation & Aviation, South Asia talks about the progress on the manufacturing unit in Marhowra, Bihar and how the Evolution series locomotives could help modernise Indian Railways, especially on the freight side.
While Indian officials do admit that there has been a "lukewarm" response by GE, they played down its concerns saying the company does not have a reference plant, a pre-requisite to go ahead with the project.
God's Own Country is renowned for its high literacy rates and its spices. It is here, that a little revolution in advanced manufacturing has taken shape.
Reliance Industries Limited and GE today announced the signing of a global partnership agreement in the Industrial IOT space whereby RIL and GE will work together to build out joint applications on GE‘s Predix platform.
"The first-of-its-kind partnership marks the coming together of two of the world's largest industrial conglomerates to provide Industrial IoT solutions to customers in oil and gas, fertiliser, power, healthcare, telecom and other industries," it said.
Russian oil giant Rosneft has cemented the deal to buy 49 percent stake in Essar Oil. European commodities trader Trafigura and Russian fund UCP consortium will also pick-up 49 percent stake in Essar, leaving existing promoters Ruia family with 2 percent stake.
Aimed at addressing the growing demand for high voltage transmission equipment, GE has set up a dedicated line at its Padappai facility in line with the 'Make in India' initiative, a company statement said.
GE Healthcare, the USD 18-billion healthcare technology unit of GE, has announced USD 50-million funding aimed at improving services of healthcare startups in developing countries.
GE T&D India Ltd has reported a standalone net loss of Rs 197.4 crore for the quarter ended June 2016.
India is not an oil and gas â€œrichâ€ country, but a lot can be done to maximize the potential, says Ashish Bhandari from GE, while shedding more light on the latest contract with ONGC, wherein GE will supply critical technology for offshore oil exploration.
Pramod Bhasin, former CEO of GE Capital India and Anil Chawla, former head of the company‘s commercial business in India have tied up with Aion Capital, a joint venture between Apollo Global and ICICI Ventures, to acquire GE's commercial lending business.
Ashok Ganesan, MD, GE Power India Limited talks about increasing efficiency and reducing emissions as GE is putting sensors into its machines to gather data which will help in providing valuable insight for customers.
"Contributing to India's exploration and production (E&P) activities in the oil and gas sector, GE has signed an exclusive MoU with L&T Hydrocarbon Engineering, a wholly-owned subsidiary of L&T," the company said in a statement.
"With the company on track to reach 1,000 MW operating capacity by mid-2017, these new funds will help to maintain positive momentum as we enter the next development stage and support the construction of a major power project," Kailas said.
Muhammed Aziz Khan, Chairman, Summit Group shares his views on the power sector in Bangladesh; the challenges and the opportunities.
Deepesh Nanda, CEO, Gas Power Systems, GE South Asia, talks about the importance of gas-based power generation in India, and the role Industrial Internet could play in the future.
Microsoft and GE announced a major cloud partnership earlier today. Jon Fortt joins us from Microsoft's World Wide Partner Conference in Toronto and brings us all the details.
Alstom T&D India has sought shareholders' approval to change the name of the company to GE T&D India after the takeover of the company by US giant GE
Lender GE Capital on Wednesday became the first firm to lose its designation as "systemically important," a label born of the financial crisis that the US government gives to institutions with potential to wreck the economy in the event of distress.
Niloy Sanyal, CMO, GE Digital | Power | Software talks about the transformative nature of the Industrial Internet, the evolution of Predix and establishing secure networks.
Niloy Sanyal, CMO, GE Digital | Power | Software speaks about the changes in the Indian Power sector aided by digitization driving energy companies towards an efficient and sustainable future.
Ashish Bhandari, CEO, Oil & Gas, GE South Asia was at the Energizing India Summit 2.0 in New Delhi where he spoke about Indian government's recent initiatives in the sector and using technologies for deepwater exploration. He also talks about eschewing traditional models and building new partnerships for a sustainable future.