Hindu Business Line, 22 March 2012
Warmth, wellness, and wonderful stuff. Welcome to you, Baby, hang on to it all as you come in. There are big bucks riding on your whimper. ‘Lullaby' and `Embrace' is how GE Healthcare plans to cocoon neonates born in a hurry. Terri Bresenham, who recently took over as President & CEO, GE Healthcare South Asia, says in an e-mail, “We are at work for a healthier India. One of the critical focus areas for us is helping India reduce the maternal and infant mortality through technologies and partnerships.”
A changing innovation landscape
Livemint, 20 March 2012
At a time when the global economy continues to be in a state of flux and the emerging economies are also beginning to feel the impact of this uncertainty, my mind races to the proverbial thought of viewing the glass as half empty or half full. I choose the latter. What reinforce my belief in India’s long-term growth potential are not just its strong economic fundamentals, but also the range of innovation that is shaping all its sectors: John L. Flannery, CEO, GE India
Women networks at workplace drive gender diversity and excellence
Economic Times, 20 March 2012
In 2009, Prameela Kalive, head, emerging markets of Zensar Technologies, approached her chief executive Ganesh Natarajan and group chairman, Harsh Goenka, confidently with her next goal: To be a part of the senior management cadre. The CEO and chairman pointed out areas where Kalive would have to sharpen her skills and knowledge to take on the goal she aspired for. At GE, participation in the women's network is open to all employees. Nearly 3,500 women across 15 cities are part of the network, which is run by senior women employees in close conjunction with business heads.
GE Healthcare to launch 20 products in 2012
Deccan Herald, 18 March 2012
GE Healthcare is going to launch 20 new products that have been developed and manufactured in India, in 2012, said President and CEO of GE Healthcare India, Terri Bresenham.
Business India, 15 May 2011
GE India sponsores the ‘GE India Innovation Award’ The story quotes Anand Sharma, Union minister for commerce and industry saying “Though India is actively churning out innovative products and process which affect the common man like Tata Nano, low cost ECG equipment from GE, low cost cataract treatment; we are still far from the top.” It also mentions the recipient of the GE India Innovation Award.
We’ll raise our manufacturing footprint in India in a large way
HT Mint, 2 May 2011
Dr. Sanjay Correa at ISB while attending a panel discussion on challenges faced by industries on the innovation front and how the education system can address the same. The story talks about the work being carried out of GE-JFWTC, GE India’s product pipeline and expansion.
GE Energy India – Windward bound
Renewable Watch, April 2011
Feature on GE Energy’s wind technology and excerpts of email interview with Mr. Kishore Jayaraman.
GE Energy to acquire Converteam, accelerating momentum in high-efficiency, fully electric solutions
Purchase, March 2011
GE (NYSE: GE) announced today that its Energy business has entered into an agreement to acquire approximately 90 percent of Converteam, a leading provider of electrification and automation equipment and systems, from a controlling shareholder group that includes management, Barclays Private Equity and LBO France, for approximately $3.2 billion.
Medicine borrows lessons, devices from IT
Hindu, 16 May 2011
CHENNAI: Necessity may be the mother of invention, but it is creativity that brought information technology into medicine. While some advances such as telemedicine, and electronic medical records are now used widely, it is still the gadget-friendly specialists who have slowly brought these devices by the hand into medicine, realising the enormous advantage they have for the patient.
GE to introduce 660, 800 MW steam turbines in India
Economic Times, 2 May 2011
Looking to strengthen its presence in the fast growing power sector, General Electric will introduce 660 & 800 MW supercritical steam turbines in India this year.
GE Remodels Businesses in India
Wall Street Journal, 26 April 2011
BANGALORE, India—As General Electric Co. assessed the lingering impact of the global financial crisis, it saw that some emerging markets—chief among them India—had come through the trauma better than the developed world.
India Today, 30 May 2011
From solar-powered ATMS to smokeless stoves, low-cost innovators are making big money for smart businesses.
Triveni Turbines to list by June end
Financial Chronicle, 26 May 2011
TRIVENI Turbines (TTL), the demerged entity comprising the turbine manufacturing business of Triveni Engineering and Industries (TEIL), is likely to be listed towards June end, according to its chairman and managing director, Dhruv Sawhney.
GE Health sees India sales doubling to $1 bn
DNA Money, 26 May 2011
GE Healthcare, the medical equipment major, is aiming to more than double its revenues from India market in five years.
GE Healthcare to double its engineers in India
MINT, 18 Mar 2011
GE Healthcare unit will almost double the number of engineers working for its research and development team in India.
India's N-plan may take a hit; equipment suppliers not worried
The Economic Times, 15 Mar 2011
Japan's nuclear crisis will create obstacles for India's atomic energy programme, but this has not dented the optimism of equipment suppliers such as GE and India's Larsen and Toubro as the country remains determined to expand capacity.
GE positive about doing business in India
Hindu Business Line, 15 Mar 2011
General Electric is bullish on India and has invested in several sectors including power, aviation, locomotives, health care, and financial services.
GE India in the News
GE to set up $200-m plant in India
Financial Express, 15 Mar 2011
Jeffrey Immelt, chairman and CEO of GE said the company will set up a manufacturing facility in India to make energy equipment and has earmarked $200 million for the purpose.
GE Healthcare to invest $50 mn
Business Standard, 18 Mar 2011
Global medical equipment major GE Healthcare is planning to launch more diagnostic devices in India to cater to the growing healthcare market in the country.
GE launches 2 advanced cardiac care solutions
The Economic Times, 18 Mar 2011
GE Healthcare today unveiled two advanced cardiac care solutions, designed and developed in India, with an aim to help provide better, affordable early cardiac diagnosis for more people.
The Hindu, 15 Mar 2011
U.S.-based General Electric said it would invest about $200 million for setting up an infrastructure equipment manufacturing facility in India.
GE to set up manufacturing unit in India
Business Standard, 15 Mar 2011
US-based General Electric said it would set up a multi-facility infrastructure manufacturing unit in India, employing at least 3,000 people.
Faster we localise, faster we succeed
Financial Express, 12 May 2011
'Faster we localise, faster we succeed'. “I think the place sells itself. Even in the chaos, you can sense the energy,” says John Flannery, president & CEO, GE India. Flannery’s prognosis of the immense opportunities to be tapped in India bodes well for one of the world’s biggest companies, the $157-billion, US-based General Electric, in a country where it has often missed the growth bus in it’s over a century of existence. There is much riding on Flannery, GE boss Jeff Immelt’s choice for getting its Indian subsidiary in fighting shape again. In a candid, freewheeling interview with Diksha Dutta and Shailesh Dobhal, Flannery, a GE veteran of over 23 years with the last year or so as head of Indian operations, shares the company’s ‘growth playbook’ for India, with focus on growing the topline 30% YoY.
Soon, test to spot Alzheimer's early
The Times of India, 14 Dec 2011
Scientists are on the verge of completing final tests on a new imaging agent that will help predict the onset of Alzheimer's disease (AD) three to four years before any clinical symptoms start to show.
IIT Madras finishes first in challenge
Business Line, 13 Dec 2011
Team 'Nautilus', comprising students from the Indian Institute of Technology, Chennai, finished first at the fourth edition of GE Edison Challenge, held at the John F Welch Technology Centre in Bangalore on Tuesday. The challenge required students to create a design of a new building complex that in-corporates technologies that help conserve water. The runners-up prize was given to the Sri Jaya-chamarajendra College of Engineering, Mysore.
Indians set to vie for global life sciences award
The Financial World, 17 June 2011
Young Indian life scientists have been invited to participate in a big way in the global competition for the 'most prestigious award in life sciences'. GE Healthcare Life Sciences and the journal Science, co-sponsors of the prize, said that support for young scientists at the start of their careers is critical to the future of continued life sciences research.
Is another GE and Science researcher award likely for India?
Business Line, 16 June 2011
Will any one of the country's thousands of young molecular biology scientists win this year's grand prize or the regional life sciences awards set up by GE and Science? Co-sponsors, medical equipment major GE Healthcare Life Sciences and the journal Science, have opened the entries for the 16th annual award for young life scientists from across the globe.
GE Healthcare puts $50 m into low-cost launches in 3 years
Financial Express, 09 Dec 2011
GE Healthcare, world’s largest maker of imaging equipment, is stepping up its focus on emerging markets such as India for developing cost-effective devices. It is working out innovative technologies for emerging markets as it sees no slowdown in India and is expecting a 15% growth in sales, as opposed to nearly flat sales in troubled markets such as Europe and the US.
GE opens measurement & control validation lab in India
Economic Times, 13 March 2012
GE's Measurement & Control business has inaugurated a state-of-the-art validation laboratory in Electronics City, Bangalore. The new facility is the fourth of its type in the world for GE and the only lab in India to support the repair and calibration of Kaye validation products, the company said in a statement.
Tariff hike will recharge financial viability
Hindu Business Line, 14 March 2012
The Budget will be presented amid rather trying circumstances. The economy has slowed to just over 6 per cent from a high of over 8 per cent, the rupee has depreciated sharply, global energy prices are at an all-time high, and the IIP has been stagnant for some time: Banmali Agrawala, President & CEO, GE Energy, India
The most notable challenge women face is a twofold of roles
Hindu, 7 March 2012
Leadership is often situational, so it's important to be able to assess different circumstances and have the range or flexibility to adapt. That being said, things like clear, strategic thinking, market or domain expertise and effective communication abilities are valuable leadership qualities for any organization: Terri Bresenham is President and CEO, GE Healthcare India and Managing Director, Wipro GE Healthcare
Livemint, 19 January 2012
The GE Global Innovation Barometer 2012, a worldwide survey of around 3,000 senior executives in 22 countries, suggests that business leaders in developed economies such as the US, Germany and the UK believe their nations aren’t as innovative as they should be. Indian business leaders are largely tepid about the state of innovation in the country.
GE India in the News Archive