General Electric

At present, over 1,400 GE engines power various aircraft in India, with an additional 2,500 engines on order.

Sharp selloff in HAL shares: What's the update on the GE deal for Tejas engines?

HAL is targetting to deliver 16 LCA Mk1A jets to the Indian Air Force in 2025, with a total of 83 jets by 2029. Project-related delays had already pushed back the first delivery, originally scheduled by March 2024.

Rajnath Singh heads to US for defence dialogue, HAL tracking update on Tejas engine pact with GE

A roundtable with US defence industry on ongoing and future collaborations is being seen as a crucial meeting to drum up support for more companies to tie up with Indian players.

GE prepares to cut 1,000 jobs in LM Wind Power, Indians could be hit as well

The cut will primarily be in global functions. The decision is in line with GE's plans to be a leaner, smaller and more profitable division in the coming months

GE engine deal with Hindustan Aeronautics will have ripple effect across the US and Indian defense industries: US Indian Business Council's Atul Keshap

Washington, Jun 10 A deal between General Electric and Hindustan Aeronautics Ltd to co-manufacture jet engines in India will have a ”ripple effect” across the American and Indian defence industries, the head of a top US business advocacy group has said.

Fate of GE and Intel a warning to Indian companies against rigid business models 

Conglomerates that diversified and companies that stuck to just the core knitting have equally bitten dust over time. The conclusion is obvious. In an era of accelerated change, business models aren’t cast in stone and need to be reviewed periodically

India, US adopt host of joint initiatives on semiconductors, AI, defence startups

These were decided in a January 30 meeting of the US-India initiative on Critical and Emerging Technology (iCET) and later this year, the two countries will hold the next iCET meeting in New Delhi this year.

India should secure long-term natural gas pacts while prices are low: Deepesh Nanda of GE

Natural gas prices have fallen amid lower demand in Europe due to warmer-than-usual temperatures this winter, said Deepesh Nanda, CEO of GE Gas Power, South Asia.

GE CEO Larry Culp expands role to head aviation unit

GE also named Otis Worldwide Corp executive Rahul Ghai as GE Aviation's new chief financial officer. Ghai played a key role in steering Otis following its breakup from United Technologies in 2020.

GE is splitting, but conglomerates are not disappearing

It isn't just GE that is breaking itself up, Toshiba and Johnson & Johnson have also announced plans to split themselves 

Rivian and Tesla have inherited Thomas Edison’s power to thrill

The celebrity inventor behind General Electric is the model for today’s technology entrepreneurs 

GM, GE look to develop rare earth materials supply chain

The US is trying to increase its production of rare earth materials, so as not to be so reliant on China.

General Electric, AerCap join air leasing businesses in $30 billion deal

GE’s Capital Aviation Services and AerCap are two of the biggest aircraft leasers in the world with more than 2,500 aircraft between them. The companies both lease commercial aircraft to hundreds of airlines around the world.

NCLAT permits GE stake sale in Baker Hughes, refers GE Triveni JV dispute to NCLT: Report

The National Company Law Appellate Tribunal has referred the ongoing dispute between General Electric and Triveni Turbines over their joint venture back to the Bengaluru bench of the NCLT.

General Electric may cut more than 1,000 jobs in France

GE's planned job cuts would occur principally at its site in Belfort, in the east of France.

GE chief Larry Culp sells biopharma business for $21 billion

Culp said the sale to Danaher, where he was chief executive for more than a decade until 2014, was a pivotal milestone in efforts to turn around the 126-year old conglomerate.

Buyout firm Apollo eyes deal for General Electric's aircraft leasing unit

Apollo Global Management is also open to exploring a transaction for GE's long-term-care insurance business.

GE's digital unit to sell majority stake in ServiceMax

GE will retain a 10 percent equity in ServiceMax, a business it acquired for $915 million in 2016.

General Electric CEO Larry Culp says company has too much debt

Culp, who took over as CEO on October 1, also said in an interview with CNBC that GE's power business is "getting close" to bottoming out after more than a year of declining revenue and profit.

GE to sell energy efficiency business as it cuts debt

The business sells infrastructure technology such as LED and solar, along with digital applications.

General Electric firm buys 5% stake in Abu Dhabi's state driller

The deal announced on Monday with Baker Hughes values the drilling subsidiary of Abu Dhabi National Oil Co. at around $11 billion.

John Flannery steps down as CEO of GE, shares jump 15 percent

Flannery will be replaced by H. Lawrence Culp Jr., who had the unanimous support of the board, the company said.

General Electric confirms blade problem at new Texas power plant

General Electric said in an email to Reuters that the problem was discovered a few weeks ago in a GE HA-class turbine at Exelon's Colorado Bend plant and that it expects "the same issue to impact other HA units."

High input tax undermines viability of foreign locomotive manufacturers

Input tax credit has piled up for these companies because most feeder products are taxed at 18-28% under the GST, while railway locomotives fall under the 5% tax bracket

General Electric loses place in elite Dow Jones Industrial Average for the first time in 100 years

An original member of the Dow when it was formed by Charles Dow in 1896 and a continuous member since 1907, will be replaced in the 30-component stock average by drug store chain Walgreens Boots Alliance Inc prior to the start of trading on June 26.