New Delhi, 10 July, 2006 - GE Money, the consumer finance unit of the General Electric Company (GE), today announced an increase in its benchmark floating reference rate by 0.75% with effect from Saturday, July 1, 2006.
This increase in the benchmark floating reference rate is on account of changed financial market parameters with respect to borrowing costs.
Project Will Create World's Largest Refinery Complex
Mumbai, July 6, 2006 - GE's Oil & Gas business will supply compression technology to Reliance Petroleum Ltd. (RPL) for a greenfield project in Jamnagar that will result in the world's largest refinery complex at a single location, with the capacity to process almost 2% of the world's crude oil.
New York, NY and Stamford, CT. -- June 2, 2006 - Credit Suisse and GE (NYSE: GE) announced today that they intend to form a US$1 billion joint venture to invest in global infrastructure assets. The joint venture, which Credit Suisse plans to form with GE Infrastructure, intends to invest in energy and transportation infrastructure assets worldwide. Each party plans to commit US$500 million to the joint venture.
GE Releases 2006 Citizenship Report, ''Solving Big Needs''; Theme Emphasizes Size as an Advantage in Helping Meet Global Needs
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Infrastructure, healthcare, and real estate investments planned. GE sets goal: US$8 billion in revenues and US$8 billion in assets in India by 2010.
Mumbai, May 30, 2006 -- General Electric Company Chairman and CEO Jeff Immelt today announced a US$250 million investment in infrastructure and healthcare projects in India and said that GE intends to dramatically expand its industrial and financial presence in the country.
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