UPDATE 1-GE sells India back office unit stake for $500 mln
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General Electric Co. (GE.N: Quote, Profile, Research) said on Monday it had sold a 60 percent stake in its pioneering Indian business process outsourcing unit for $500 million, making
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NEW DELHI: General Electric Co. plans to sell a majority stake in its Indian call-centre unit to General Atlantic Partners LLC and Oak Hill Capital Partners for US$500mil to help the business gain new customers.
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Reliance Industries Ltd., India&#39;s biggest non-state company, approved a share buyback plan disregarding opposition from Vice Chairman Anil Ambani amid a spat between the brothers running the company.
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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.
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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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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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Soon after announcing the $500 million deal to divest 60 per cent in GE Capital International Services (Gecis) to General Atlantic Partners and Oak Hill Partners, Pramod Bhasin, President &amp; CEO, Gecis, spoke to Business Standard.
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U.S. conglomerate General Electric   has agreed to buy British oilfield services firm Sondex   for 288.7 million pounds ($583.1 million) in cash, the  two firms said on Monday.
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Diversified manufacturer General Electric Co. (GE) 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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New Delhi: In one of the largest deals in the $3.6 billion Indian BPO industry, US-based conglomerate GE announced it will sell 60 per cent stake in its Gurgaon-based BPO arm, GECIS, to private equity firms General Atlantic Partners and Oak Hill Capital
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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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Diageo is looking to sell part of its stake in General Mills Inc. The drinks giant announced yesterday (4 October) that it plans to sell around 33.
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[Business India]: Mumbai, Dec 27 : The Reliance Industries Ltd (RIL) board today approved the scheme to buyback the company shares at a price of not exceeding Rs 570 per share, payable in cash, for an amount not exceeding Rs 2,999 crore.
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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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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 Co. said Monday it will sell a majority stake in its global outsourcing business to two US-based equity firms for $500 million.
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TOKYO (CBS.MW) - General Electric Co. said Wednesday it will buy Australian Financial Investments Group, a holding company for home loan lenders, to boost its mortgage business in that country.