GE has also installed a smaller, laser beam-powered 3D printer at IIT-Kanpur so that the institute can evangelise the technology in the country
Disconnect between wind projects awarded and executed, says GE Senior VP
GE's disclosures and reserves have not eliminated fears that insurance could bring more pain to GE and its investors
This is amid a push by the national transporter for 100% electrification
GE stock has lost about half its value in 2018 and ratings firms in recent weeks cut its credit rating to BBB-plus, three notches above junk.
GE likely owed up to $9 billion in taxes under the 2017 corporate tax cuts
Flannery will get $4.25 million in severance, and vesting restrictions will be lifted on equity awards worth at least $3.75 million that he was previously given, the company said
"It's a definitive signal of cultural change, performance accountability and that current problems are fixable," Coe wrote in a note Tuesday
The ouster of a 30-year GE veteran comes barely a year after he took over in a bid to rescue the company
The criminal probe is looking at suspicious trading over several years in more than ten stocks - from Natixis SA to telecom operator Bouygues SA
The company will spin off the profitable healthcare unit over the next 12 to 18 months, and sell its Baker Hughes stake over two to three years
Shareholders will get 80 per cent of the value of GE Healthcare as a tax-free distribution of shares
A decade and a half ago GE was the world's most valuable public company
The changes led to steep declines in compensation and reflected the company's poor results in 2017
Designed and developed entirely out of GE's India R&D centre over the past two years, the power units are now close to the stage of commercialisation
GE shares fell to their lowest level in more than five years as investors worried the years-long overhaul would not pare down enough expenses
This icon of American industry has been forced to cut its earnings and cash flow outlook
GE's $2 billion cost-reduction target was set in March
After 15 years as CEO, Immelt shows no signs of slowing
For sales of medical equipment to suffer if Congress delays changing US healthcare laws