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Latest Articles in general electric

US Revives Offer To Co-develop AMCA Fighter Jet Engine With India

American turnaround overrides “export control” concerns which aborted an earlier bid for collaboration on jet engine technology through DTTI in 2019

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GE To Provide Maintenance Services, Digital Solutions For 718-MW Meghnaghat Plant In Bangladesh

The plant is owned by Reliance Bangladesh LNG & Power Ltd, a joint venture between India's Reliance Power Limited and Japan’s JERA Co Inc.

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Removal Of Offset Out Of Defence Acquisition Procedure 2020 Is Beneficial: SAAB's MD Ola Rignell

Swedish PM Stefan during the recent Summit with PM Modi imparted a new thrust in Indo - Swedish relations. Defence and Security remain the key docket where Swedish defence OEM SAAB renewed its commitment to India of laying production ecosystem of its flag horse Gripen E for the lucrative MRFA 114 fighter jets program. Besides, SAAB is focusing on critical navel systems like G1X family of latest radars, AUV 62 autonomous underwater vehicle and ship design with stealth signature management. BW Businessworld’s Defence Editor Manish Kumar Jha speaks with Ola Rignell, Managing Director, SAAB INDIA on such projects and collaboration.

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AerCap To Buy GE's Aircraft Leasing Unit In $30 Billion Deal

Shares in both New York-listed companies fell about 6% on Wednesday as AerCap prepared to issue new stock to help finance the transaction and GE disappointed expectations of some investors that it would raise its cash outlook.

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Jet Leasing Shake-Up Looms As AerCap And GE Unit Discuss Tie-Up

The structure of any deal to acquire GECAS was not immediately clear, but several sources predicted that it would be based on a similar stock structure to that by which ILFC's owner, insurer AIG, become a shareholder in the new AerCap.

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GE Alleges Siemens Energy Used Stolen Trade Secrets To Rig Contract Bids

GE had provided Dominion with technical specifications for four gas turbine models, pricing for different combinations of the equipment and details on how the company would service and maintain it, the lawsuit claims.

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Global Presence An Advantage As U.S. Companies Brace For Second-Half Slump

Revenue will be down 3.8% in the same period, marking the steepest fall in at least a decade, according to Refinitiv data.

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GE Warns More Pain Ahead As Pandemic Deals $1 Billion Cash Hit

Free cash flow from industrial operations was negative $2.2 billion in the first quarter, missing analysts' estimates of negative $2.02 billion

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GE's Coronavirus Troubles Likely To Hit Power Business, Not Just Aviation

GE reported $3.6 billion in power-services revenue last quarter, second only to $5.4 billion in services revenue at its aviation unit.

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GE Profit, Cash Flow Beat Estimates On Strong Aviation Business

Earnings from continuing operations attributable to GE shareholders rose to $663 million in the fourth quarter ended Dec. 31 from $509 million a year earlier

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Superconductors Have Niche Present And Immense Potential Uses

The critical temperatures of superconductors are rising and different families of superconducting materials are being discovered

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Tata Group, GE Partner To Make LEAP Engine Components In India

GE and Tata will also pursue military engine and aircraft system opportunities for India

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India Says Work On GE's Locomotive Factory On Track

GE had won a $2.6 billion contract in 2015 to supply Indian Railways with 1,000 diesel locomotives

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CEO: Custodian For Change

A vast array of case studies confirms that change is focused in six major areas or domains. Authenticity with integrity, right team, setting up an example through leading, importance given to culture, high degree of engagement and efficient stakeholder communication

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GE To Sell India Financial Services Business To Aion

The transaction represents about $400 million in ending net investment and includes businesses such as auto leasing, healthcare financing and corporate lending and leasing

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