GE Aviation and India's national carrier Air India have signed a 20-year OnPointSM solution agreement that covers its GE90 engines.
Delhi -- February 3, 2011 -- GE Aviation and India's national carrier Air India have signed a 20-year OnPointSM solution agreement that covers its GE90 engines. The value of the agreement is not being released.
GE announced strong fourth-quarter 2010 earnings from continuing operations (attributable to GE) of $3.9 billion, or $0.36 per share, up 33% from the fourth quarter of 2009.
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15-Year CSA with GMR Energy to Support 768-MW Vemagiri Power Plant Expansion
NEW DELHI, INDIA -- December 13, 2010 --- Supporting its commitment to help meet India's growing need for reliable power, GMR Energy today signed a long-term service agreement with GE (NYSE:GE) for the expansion of the Vemagiri power plant in the state of Andhra Pradesh, India. Powered by two GE Frame 9FA gas turbine-generators, the plant will produce over 768 megawatts of additional electricity by 2012, helping to support India's rapid economic growth.
Mumbai, November 1, 2010: SBI Cards, India's only independent credit card issuer, today unveiled an aggressive four-year growth plan after two years of business consolidation that has helped the company become profitable again. The joint venture between State Bank of India (SBI) and GE Capital also launched, today, a new offering - SBI Platinum Card, for a high-spending, 'premium' segment.
Third Quarter Earnings
GE announced third-quarter 2010 earnings from continuing operations (attributable to GE) of $3.2 billion, with EPS of $0.29 per share up 32% from the third quarter of 2009.
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India's Aeronautical Development Agency (ADA) has selected 99 F414 GE fighter jet engines to power the Mk II version of the Tejas Light Combat Aircraft (LCA) for the Indian Air Force.
LYNN, MASSACHUSETTS --- October 1, 2010 -- India's Aeronautical Development Agency (ADA) has selected 99 F414 GE fighter jet engines to power the Mk II version of the Tejas Light Combat Aircraft (LCA) for the Indian Air Force.
