General Electric

Azad Engineering is India's first supplier of parts for nuclear turbines

Azad Engineering has signed a long-term supply agreement with General Electric (GE) Steam Power for supply of nuclear turbineparts

GE CEO Culp takes reins of aviation business ahead of three-way split

General Electric Chairman and CEO Larry Culp is taking on the additional role as the top executive at the company's aviation business. Culp eight months ago engineered the break up of the conglomerate in which it would spin off its health care and energy divisions, with the aviation wing remaining under the control of GE. GE said Monday that aviation's current CEO, John Slattery, will become executive vice president and chief commercial officer of the business. The Boston company had begun to carve off pieces of itself not long after the financial crisis in 2008, and those efforts accelerated when Culp took over in 2018. Also on Monday, GE said Russell Stokes, currently senior vice president of GE and president & CEO of GE Aviation Services, is being named CEO of Commercial Engines and Services. Shane Wright, chief financial officer and chief operating officer of the aviation business, is retiring. Wright will be succeeded in the CFO post by Rahul Ghai, who is currently executive

Will Indian conglomerates also go the General Electric way?

Johnson and Johnson, GE and Toshiba recently announced split into multiple entities. Do the demands of an emerging market like India require a different approach? Let's find an answer to this question

Future of conglomerates; sluggish recovery in consumer sentiments

Covid LIVE: Kerala clocks 7,540 new cases, 259 deaths in last 24 hrs

Live news updates: The world is on track for disastrous levels of global heating despite carbon-cutting pledges from governments at the UN COP26 summit, say analysts.

How General Electric's Larry Culp split the empire Jack Welch built

Culp, 58, became GE's CEO in October 2018 after joining it as a board director six months earlier

'The right thing to do': How GE's Culp split the empire Jack Welch built

Culp wanted to pursue the idea, and pruned GE through other deals in the mean time

GE to split into three companies, ending conglomerate for good

Company will be divided into separate units focused on aviation, health care & energy

GE Power India profit rises 5% to Rs 39 crore in September quarter

GE Power India on Tuesday said its consolidated net profit rose over 5 per cent to Rs 39.33 crore in September quarter 2021-22.

HAL inks Rs 5,375-cr contract for supply of engines for Tejas aircraft

Since it first flew in January 2001, the Tejas LCA has been powered by a single General Electric (GE) F404-IN20 engine.

Tamil Nadu receives Rs 28,508 cr investment commitments; GE to set up CoE

Tamil Nadu on Tuesday received investment commitments to the tune of Rs 28,508 crore from 49 companies across various segments that will create 83,482 jobs in the state.

Boeing ropes in former General Electric executive Brian West as CFO

Boeing Co named former General Electric executive Brian West as its chief financial officer, more than two months after the planemaker announced the surprise retirement of Greg Smith

Digitalisation has become amplified after Covid-19: Mahesh Palashikar of GE

In a Q&A, the president of GE South Asia says decision making cycle for new projects got pushed by a few months because of the pandemic

GE to provide maintenance services for 718-MW plant in Bangladesh

GE on Wednesday said it will be providing maintenance services and a suite of digital solutions for the upcoming 718-megawatt (MW) power plant at Meghnaghat, 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. "GE's proven track record of providing high-quality technology, services and advanced digital solutions along with the local footprint in Bangladesh, gives us the confidence that the 718 MW Meghnaghat power plant will set a new benchmark in delivering sustainable power to the people of Bangladesh," said Ranjan Lohar, CEO, Reliance Bangladesh LNG & Power Ltd in a statement. The Meghnaghat power plant will be powered by two GE 9F gas turbines, one GE D11 steam turbine and three H53 generators. It will utilize re-gasified liquified natural gas (LNG) fuel to generate the equivalent electricity needed to supply more than 850,000 homes in Bangladesh. GE aims to bring improved .

View from the corporate netherworld

Book review of Hot Seat: Hard-won Lessons in Challenging Time

AerCap to buy GE's aircraft leasing unit in $30 billion deal

(Reuters) - The world's two largest aircraft leasing companies are combining to create a new financing giant after Ireland's AerCap finalised a deal worth more than $30 billion to buy the leasing business of General Electric.

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

General Electric is combing its aircraft leasing business with Ireland's AerCap Holdings

GE nears deal to combine aircraft-leasing unit with AerCap: Report

General Electric Co is nearing a $30 billion-plus deal to combine its aircraft-leasing business with Ireland's AerCap Holdings NV, the Wall Street Journal reported on Sunday

General Electric expects negative cash flow in Q1 2021 - CEO Larry Culp

Culp said the first three months of the year tends to be the industrial conglomerate's "softest" quarter

HAL, GE Aviation sign over Rs 100 crore contract for supply of forgings

The contract is for development and supply of ring forgings for its Aviation military and commercial engine programs