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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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 building and security systems unit.
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US giant General Electric sells a majority stake in its Indian outsourcing arm for $500m to two private equity firms.
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Il 60% per Europa, entro 2010 in India-Cina 25% fatturato
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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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In an effort to raise cash amid mounting mortgage losses, Merrill Lynch agreed to sell the majority of its capital finance business to General Electric for an undisclosed amount.
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India's Tata Steel  won a bid battle for Anglo-Dutch steelmaker Corus Group   on Wednesday by agreeing to offer investors 608 pence per share in cash, or 5.75 billion pounds ($11.3 billion).
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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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General Electric Co.  said on  Thursday it will sell its advanced materials business, which  includes silicones and quartz, to private equity firm Apollo  Management LP for about $3.8 billion in cash and securities.
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Nucleus Software Exports Ltd today announced the purchase by the company and its nominees of 10,040,000 equity shares of Chennai-based GMAC Financial Services India Ltd, the Indian automotive finance operation of General Motors Acceptance Corporation.
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DTE Energy Co. , a utility holding company, said it plans to sell a 50 percent stake in some industrial and power projects to a unit of General Electric.  for $805 million.
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The share flotation of India's Reliance Power raises $3bn (Â£1.5bn), making it India's biggest initial public offering.
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General Electric Co., the world&#39;s biggest company by market value, 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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General Electric Co. GE.N said on  Friday that two private investment firms completed a deal to  buy a majority interest in its India-based back office unit.
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General Electric Co. GE.N said  Friday that two private equity firms completed a deal to buy a  majority interest in its India-based back office unit.
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General Electric Co. raised its quarterly dividend by 10 per cent and launched a plan to buy back up to $15 billion US in shares over three years, as it projected double-digit percentage earnings growth for 2005.
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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.