GE sells 60% of pioneering India division
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The General Electric Co. said Monday it had sold a 60 percent stake in its pioneering back- office unit in India to two private equity firms for $500 million.
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FAIRFIELD, Conn. -- General Electric Co. said Thursday it agreed to sell a majority stake in its advanced materials unit to private investment group Apollo Management LP in a deal it valued at $3.8 billion.
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General Electric Co.&#39;s  energy  unit will pay $603 million for a stake in Regency Energy  Partners LP , an owner of natural gas pipelines and  storage equipment, The Wall Street Journal Online reported on  Tuesday.
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General Electric Co. GE.N on Monday  said it would buy a fire detection systems business from SPX  Corp. SPW.N for nearly $1.4 billion in cash in a move to  bolster its infrastructure business.
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General Electric Co., the world&#39;s biggest company by market value, said it will buy back as much as $15 billion in stock and raise its dividend as Chief Executive Jeffrey Immelt&#39;s growth strategy generates more cash and profit.
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NEW DELHI : General Electric Co., a pioneer in business processing in India, has sold a majority stake in its Indian outsourcing arm, GE Capital Services, to two US-based private equity investment firms for US$500m.
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Oracle chalked up a key victory Friday in its battle to acquire PeopleSoft, with investors agreeing to sell the suitor 60 percent of PeopleSoft&#39;s outstanding shares.
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India's premier software body has said outsourcing of engineering services by global firms presented the country with a 40-billion-dollar opportunity.
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Diversified manufacturer General  Electric Co. GE.N on Friday said it boosted its quarterly  dividend by 10 percent and earmarked up to $15 billion for  share repurchases over the next three years.
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Boston Communications Group Inc. of Bedford, a major US provider of prepaid wireless services, yesterday said it has agreed to be purchased by an Indian company for $65 million.
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Bharat Forge has bought its second German company in less than a year, strengthening a strategy designed to give India's biggest auto-components group a larger manufacturing presence in Europe.
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LONDON (CBS.MW) -- General Electric Co. (GE) said it will sell a majority interest in its India-based global business-processing operation GE Capital International Services for $500 million in cash to private
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General Electric plans to sell its WMC Mortgage sub-prime lending business that it bought in 2004.
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Diversified manufacturer General  Electric Co. GE.N said on Friday it boosted its quarterly  dividend by 10 percent and earmarked up to $15 billion for  share repurchases over the next three years.
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India plans to buy 40 Hawk trainer jets for its air force from defence group BAE Systems in addition to 66 purchased for 1.45 billion dollars in 2004, officials said.
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NEW DELHI, NOV 8: The back office unit of General Electric Co, which sold a 60 per cent stake to two global equity firms, said on Monday it had no market listing plans.
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General Electric Co. said Friday that two private equity firms completed a deal to buy a majority interest in its India-based back office unit.