GE announced that its 2008 annual report entitled "We are GE" is now available on the Company's Web site at www.ge.com/annualreport. Explore how we are building strong businesses, expanding our leadership and sustaining competitive advantage.
View the 2008 Annual Report Web site
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GE announced fourth-quarter 2008 earnings from continuing operations of $3.9 billion, or $.37 per share before preferred dividend, or $.36 per share attributable to common shareowners.
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Corporate Communications
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GE reorganizes for long-term growth and stability in key emerging markets
Gurgaon, INDIA -- 22 January 2009 -- GE Capital (NYSE: GE) announced today that Mr. Vicky Bindra has been appointed as President and CEO, leading all of its consumer and commercial financial services businesses in India, including strategic partnerships such as SBI Cards. This appointment, effective immediately, follows the global reorganization of GE Capital, which was announced in July 2008.
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*Major boost to patients with blood/immune disorders or severe blood loss
*India can save foreign exchange equivalent to INR 250 Crores through local manufacturing of plasma products.
*Investment of Rs. 100-120 crores to be spread out over the next two years
*GE Healthcare to provide its leading purification technologies, processes and support
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New Delhi, January 13, 2009-- GE Drivetrain Technologies, a unit of GE Transportation, and A-Power Energy Generation Systems (NASDAQ: APWR) announced today that they have signed two Letters of Intent (LOI), one for GE Drivetrain Technologies to supply A-Power with 2.7 megawatt (MW) wind turbine gearboxes and a second to establish a Joint Venture partnership for a wind turbine gearbox assembly plant.
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*To manufacture India's first true digital flat panel based X-ray system -- Tejas DR-F under its 'In India, For India' program.
*Digital Flat Panel X-ray proven to provide highest image quality and lower radiation - provides higher safety to patients and healthcare professionals.
*India is home to 60000+ analog, 2 pulse, old x-ray technology.
*Tejas DR-F to cost 40% lower than imported digital X-ray; Can bring in significant operational cost efficiency
*Indian X-ray market is estimated at $ 30 Mn and expected to reach $ 45 Mn by 2011
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New Delhi, India and Erie, Pennsylvania (October 21, 2008) - GE Transportation, a unit of General Electric Company (NYSE: GE) and global diesel locomotive technology leader, and Bharat Heavy Electricals Ltd (BHEL) joined forces to compete for a 1,000 diesel locomotive tender issued by the Indian Railways. GE was recently shortlisted by the Indian Railways to compete for this tender. GE and BHEL along with Indian Railways intend to form a Joint Venture company for this purpose.