Page 3 - General Electric

IAF gets second Tejas squadron; Air Chief shows the way with solo sortie

Air force chiefs, including Pakistan's recently, often go up for a spin to boost the morale of their fighter pilots.

Covid-19 delays delivery of first indigenous aircraft carrier by 6 months

The first phase of the warship's trials - termed basin trials - was initially scheduled to begin on March 12 at Cochin Shipyard (CSL), where INS Vikrant has been constructed

Day 1 of lockdown 3.0: India limps back, but industry still in limbo

With public transport still not allowed in 130 red-zone districts, which comprise some of the economically important urban centres, people took out their private vehicles.

Neutron Jack's better legacies

Welch had the less-acknowledged talent of working productively with people he didn't get along with and meticulously planning his succession

Jack Welch: Wall Street darling & management guru who remade GE dies at 84

The former GE chairman and CEO, whose blunt style and ceaseless cost cutting earned him the sobriquet "Neutron Jack," mentored proteges who went on to run some of the world's best-known companies

Upbeat Rolls-Royce says it is finally getting over engine troubles

Rolls-Royce expects to deliver 450 of the wide-body engines in which it specializes this year

NTPC snubs foreign emissions tech for plant, shuts out GE from $2-bn orders

The rejection of the foreign technology comes at a time when over half of coal-fired plants in India are already set to miss a phased deadline to cut emissions

General Electric plans to freeze pensions to save up to $8 bn, cut debt

GE also is likely to set aside about $11 billion to cover liabilities for its long-term care insurance business.

GE working to solve battery issues for EVs: South Asia CTO Alok Nanda

We are bringing Edge technology to wind and gas turbines and also aircraft engines, says Nanda

GE using India as test bed for 3D printing to make lighter aircraft engines

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

General Electric sees turnkey opportunity in India's renewable power sector

Disconnect between wind projects awarded and executed, says GE Senior VP

GE to sort long-term care insurance problem with $14.5 bn; experts unsure

GE's disclosures and reserves have not eliminated fears that insurance could bring more pain to GE and its investors

General Electric's supply of diesel locos to railways on the right track

This is amid a push by the national transporter for 100% electrification

Steep fall in General Electric's bonds to junk levels is roiling markets

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 junks talk that US, UK tax liabilities may cost it billions of dollars

GE likely owed up to $9 billion in taxes under the 2017 corporate tax cuts

General Electric hands former CEO John Flannery $10 mn exit package

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

GE's new 'game changer' CEO inspires confidence and two analyst upgrades

"It's a definitive signal of cultural change, performance accountability and that current problems are fixable," Coe wrote in a note Tuesday

Struggling GE removes CEO John Flannery, warns on 2018 earnings

The ouster of a 30-year GE veteran comes barely a year after he took over in a bid to rescue the company

How a bet on General Electric deal reaped $23 million and a criminal probe

The criminal probe is looking at suspicious trading over several years in more than ten stocks - from Natixis SA to telecom operator Bouygues SA

How the breakup leaves General Electric with best and worst performers

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