News for 'General Electric'

ED moves SC against shifting TN minister to private hospital

ED moves SC against shifting TN minister to private hospital

Rediff.com19 Jun 2023

Mehta told the bench that Balaji is an influential minister and the high court has allowed his transfer to a private hospital which could hamper investigation.

Valuations factor in bright prospects for BHEL; order book on positive side

Valuations factor in bright prospects for BHEL; order book on positive side

Rediff.com14 Jul 2023

Analysts seem to be generally pessimistic about Bharat Heavy Electricals (BHEL). Out of 15 brokerages with recommendations since May this year, two have 'buy' while five have 'sell' and eight have 'underweight'/'reduce'/'underperform'/'hold' recommendations. The average target price of the public sector undertaking (PSU) is Rs 61. However, the stock has been consistently hitting new highs, which indicates that there is some kind of valuation mismatch.

GE chief warns on US depression threat

GE chief warns on US depression threat

Rediff.com7 Feb 2009

The US economy is suffering its steepest downturn since at least the 1970s and could descend into a depression, Jeff Immelt, General Electric's chief executive, warned on Thursday.

Karan Bhatia lands top job in GE

Karan Bhatia lands top job in GE

Rediff.com7 Apr 2008

For nearly seven years, Bhatia served in the first and second George W Bush Administrations, first in the department of commerce and then in the department of transportation, before finally enjoying a more than two-year stint as deputy US trade representative, the senior-most administration position ever served by an Indian American, before he resigned end October last year, to return to the private sector.

Expansion, value unlocking key triggers for NTPC

Expansion, value unlocking key triggers for NTPC

Rediff.com19 Sep 2023

The power sector is always strongly correlated to economic activity and is receiving its share of investor attention as India's post-Covid-19 recovery continues. India's leading integrated power producer, the public sector undertaking (PSU) NTPC controls around 25 per cent of India's power capacity. It continues to increase installed capacity, in thermal as well as renewables (solar, wind, green hydrogen) and hydropower and pumped hydro, and also has backward integration into coal mining, and explored nuclear.

130 ambulances, 80 doctor teams: Delhi gears up for G20 summit

130 ambulances, 80 doctor teams: Delhi gears up for G20 summit

Rediff.com26 Aug 2023

There are altogether 80 teams of doctors and trained medical personnel with three teams in each hospitals.

Maharashtra fixes March '09 for running of Dabhol

Maharashtra fixes March '09 for running of Dabhol

Rediff.com13 Sep 2008

This was decided at a meeting between State Energy Minister Dilip Walse-Patil and executives of General Electric, which had supplied power equipment to the erstwhile Dabhol Power Company. During the meeting, GE executives assured the minister that by the end of this month, the Block-I, currently lying defunct, would start generating around 600 Mw.

The visa shortage: Big problem, easy fix

The visa shortage: Big problem, easy fix

Rediff.com26 Nov 2007

A broken system is driving our best-educated foreign workers -- talent desperately needed by U.S. companies -- to Europe, India, and China.

IFCI raises bar for strategic investor

IFCI raises bar for strategic investor

Rediff.com26 Nov 2007

Debt conversion formula will increase govt stake.

GE India not to focus on 'target' to achieve $8 bn

GE India not to focus on 'target' to achieve $8 bn

Rediff.com11 May 2009

The company which had reported a sales of $2.8 billion (last reported figure) in 2007, however said it remained confident about the growth opportunities in India in the medium to long-term, owing to huge spending that is expected to happen in the infrastructure development.

Non-IT firms hiring for in-house R&D

Non-IT firms hiring for in-house R&D

Rediff.com8 May 2009

A spokesperson attached to GE's Jack Welch Research Center in Bangalore said after the new people join, employee numbers in Bangalore would cross the 4,500-mark. GE's technology product research and development team is currently 3,800-people strong, with an additional 350 people employed in global research.

GE Healthcare innovates in India

GE Healthcare innovates in India

Rediff.com4 May 2009

Like so many other MNCs, it is targeting emerging markets, of which India represents a major chunk, as a critical growth area. But India is also rapidly becoming a key geography where some of the innovative products to address the market at the bottom of the pyramid are being developed.

GE's BPO biz sold for $500 mn

GE's BPO biz sold for $500 mn

Rediff.com8 Nov 2004

Financial advice for India

Financial advice for India

Rediff.com27 Jun 2008

As a General Electric employee working in business development in New Delhi, Dhruv Bhatia knew something about finance.

Odisha train mishap: Railways seeks CBI probe, here's why

Odisha train mishap: Railways seeks CBI probe, here's why

Rediff.com4 Jun 2023

Railway officials also indicated that possible 'sabotage' and tampering with the electronic interlocking system, which detects the presence of trains, led to the Friday accident.

What is IAF spending $329 million on?

What is IAF spending $329 million on?

Rediff.com30 Aug 2021

A five-year contract to provide comprehensive maintenance support for India's fleet of 12 C-130J Super Hercules tactical airlifter aircraft.

There are opportunities in N-power, healthcare: GE

There are opportunities in N-power, healthcare: GE

Rediff.com15 Jan 2009

GE India managed revenues of $2.6 billion (about Rs 130 billion) in 2007 and is hopeful of meeting its target of $8 billion (about Rs 400 billion) by 2010. Key projects in the transportation and nuclear power sector are expected to help it reach that target, says Vice-Chairman John G Rice.

The triumph of Sunil Mittal

The triumph of Sunil Mittal

Rediff.com6 Jan 2009

Sunil Mittal's race up these rankings to No. 2 marks a triumph of core competence over diversification in India.

Punjab announces 300 units free power every month from July 1

Punjab announces 300 units free power every month from July 1

Rediff.com16 Apr 2022

The announcement was made in advertisements published by the state's information and public relations department in various newspapers on Saturday.

After Kejriwal, Rahul Gandhi woos Gujarat voters with farm loan waiver

After Kejriwal, Rahul Gandhi woos Gujarat voters with farm loan waiver

Rediff.com5 Sep 2022

Addressing the 'parivartan sankalp rally' in Ahmedabad, Gandhi made a host of promises to people of Gujarat, where the assembly polls are due later this year, including creation of 10 lakh new jobs, building 3,000 English medium schools and free education to girls.

GE Healthcare has big plans for India

GE Healthcare has big plans for India

Rediff.com16 Mar 2007

GE Healthcare, a $15 billion segment of General Electric company, will continue to invest aggressively in India, where it's logging double digit growth, a top company official said on Friday.

The art of acquiring growth

The art of acquiring growth

Rediff.com8 Jan 2008

More than 70% of all corporate acquisitions fail to create value. But when done correctly, acquisitions can be valuable disruptive tools.

SEBI To Go Soft On Rumour Verification For Listed Cos

SEBI To Go Soft On Rumour Verification For Listed Cos

Rediff.com12 Jan 2024

The rumour verification process would now be triggered by changes in price or 'material price movements', as the paper defines it. What this means is that companies would need to verify rumours only if the share price moves significantly.

Frugal innovation: What GE does in Bangalore

Frugal innovation: What GE does in Bangalore

Rediff.com17 Jun 2009

General Electric's technology centre in Bangalore helps the company grapple with technology and costs. Here's the lowdown on this low-cost but cutting-edge facility.

How To Invest In Gold, Silver?

How To Invest In Gold, Silver?

Rediff.com22 Dec 2023

Commodity investments can help you diversify your portfolio in asset classes other than equity and debt, says Dwaipayan Bose.

Doctors, lawyers, engineers -- Modi's new ministers

Doctors, lawyers, engineers -- Modi's new ministers

Rediff.com7 Jul 2021

Among the 36 new faces in Prime Minister Narendra Modi's council of ministers, eight are lawyers, four are doctors, two former IAS officers and four MBA degree holders, besides several engineers, making it an eclectic mix of professionals.

'Most difficult operation done by any army in the world'

'Most difficult operation done by any army in the world'

Rediff.com18 Apr 2023

'Khalistan would have been in existence today, but for the army.'

TN governor puts minister Balaji's sacking in abeyance; to consult AG

TN governor puts minister Balaji's sacking in abeyance; to consult AG

Rediff.com30 Jun 2023

Tamil Nadu Governor R N Ravi on Thursday dismissed minister V Senthil Balaji from the council of ministers days after his arrest by the Enforcement Directorate in a cash-for-jobs scam, a move that Tamil Nadu Chief Minister M K Stalin said the government would challenge legally.

Infosys in 'Global Hall of Fame'

Infosys in 'Global Hall of Fame'

Rediff.com21 Nov 2005

Infosys Technologies has been inducted into the Global Most Admired Knowledge Enterprises (MAKE) Hall of Fame.

State Bank of India cards under RTI net

State Bank of India cards under RTI net

Rediff.com7 Sep 2007

Disposing of separate applications by SBI Cards customers Arun Kumar Verma and Dileep Ayachit, CIC has directed the SBI to take a decision on setting up a proper information redressal mechanism within 15 days.

Of Modi And His Priorities

Of Modi And His Priorities

Rediff.com21 Nov 2023

It isn't that a person occupying high office has no right to do what he/she likes. For sure, they do; after all, they are human. But there are also things like priority, timing and sense of larger country. Sadly, we live in a world awash in tunnel vision, asserts Shyam G Menon.

Opposition leaders visit Palestinian embassy in Delhi

Opposition leaders visit Palestinian embassy in Delhi

Rediff.com16 Oct 2023

Amid the raging Israel-Hamas war, a group of opposition leaders, including MP Danish Ali and former parliamentarians Mani Shankar Aiyar and K C Tyagi, visited the Palestine Embassy in New Delhi on Monday to express solidarity with Palestinians.

Hillary Clinton to keynote Pan-IIT conference

Hillary Clinton to keynote Pan-IIT conference

Rediff.com14 Jun 2007

GE CEO Jeffrey Immelt and Vodafone CEO Arun Sarin will also keynote the Indian Institute of Technology 2007 Global Alumni Conference titled 'Transforming the World through Technology' in California next month.

Nokia brand valued at Euro 35 billion

Nokia brand valued at Euro 35 billion

Rediff.com28 Mar 2008

Valued at Euro 35 billion, Nokia is the world's fifth most valuable brand, after Coca Cola, Microsoft, IBM and General Electric. With annual turnover at 3.6 billion euro, India contributed nearly seven per cent to Nokia's total global revenues of 51 billion euro in 2007. Nokia has invested $ 210 million for setting up a manufacturing facility in Tamil Nadu and the Indian facility is 1 of the best among 9 Nokia factories. It has estimated 100mn new phone subscribers in India.

Asian Games: Chopra-led India set to showcase its sporting prowess

Asian Games: Chopra-led India set to showcase its sporting prowess

Rediff.com22 Sep 2023

Led by Olympic champion Neeraj Chopra, India will seek to showcase its ascendency as a sporting power at the Asian Games, which opens formally on Saturday after an unprecedented one-year delay due to the COVID-19 pandemic.

Buffett to invest $3bn in GE shares

Buffett to invest $3bn in GE shares

Rediff.com2 Oct 2008

General Electric on Wednesday unveiled plans to raise at least $15bn in capital through stock sales to Warren Buffett's Berkshire Hathaway and the public.

GE to sell Genpact shares worth $100 mn

GE to sell Genpact shares worth $100 mn

Rediff.com17 Dec 2007

GE is selling the shares to "an affiliate of a limited partner in one of Genapct's other shareholders," the companies said in statement. Genpact, one of India's largest business process outsourcing firms by revenue, started out in 1997 as the India-based BPO division of GE Capital.

Can BJP Wrest Mahakoshal From Congress?

Can BJP Wrest Mahakoshal From Congress?

Rediff.com16 Nov 2023

Modi and Chouhan have visited Mahakoshal multiple times and reached out to tribals to shore up support for the BJP.

Reliance Industries keen on GE's plastics business

Reliance Industries keen on GE's plastics business

Rediff.com12 Jan 2007

Investment banking sources said Reliance had made its desire clear to be a global petrochemicals major.