Page 2 - General Electric

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

Wall Street edges up as earnings season gains speed; General Electric up 4%

Of the 84 companies that have posted earnings through Tuesday morning, 86.9% have topped analyst expectations, according to Refinitiv data

S&P 500 scales new high on upbeat corporate earnings; GE jumps 8%

The Dow Jones Industrial Average rose 8.5 points, or 0.03%, at the open to 30968.55

General Electric tops free cash flow estimates, offers upbeat 2021 outlook

The Boston-based industrial conglomerate predicted a free cash flow of $2.5 billion to $4.5 billion this year after generating cash flow of $4.4 billion in the fourth quarter

Top headlines: Stalemate over farm laws continues, HCL Q3 net profit up 31%

Business Standard brings you top news of the evening

GE alleges Siemens Energy used stolen trade secrets to rig contract bids

The litigation is the latest legal battle involving the corporate rivals, which have squared off in lawsuits over patent infringement as recently as last year

GE alleges Siemens Energy used stolen trade secrets to rig contract bids

General Electric accused a Siemens Energy subsidiary of using stolen trade secrets to rig bids for lucrative contracts supplying gas turbines to public utilities, and cover-up improper business gains

IT major TCS to acquire General Electric's stake in TCS Saudi Arabia

IT major Tata Consultancy Services (TCS) on Tuesday said it will acquire GE's stake in Tata Consultancy Services Saudi Arabia for $12,471

GE warns of more job cuts at aviation unit citing a long road to recovery

The job cuts are the latest setback for the aviation sector, with the industry's woes expected to last into 2021

Siemens Energy exits coal; India entity not to see much impact in business

Company, which is part of Siemens Ltd, said it would discontinue support for development of new coal- fired power plants.

General Electric posts quarterly profit as biz recovers from pandemic lows

GE said it expects industrial free cash flow to be at least $2.5 billion in the fourth quarter and positive in 2021

The corona deals

The pandemic will hurry the closure of brands and businesses that would have gone into gradual decline. Wait then for more deals to be announced in media and entertainment