ATLANTA--(BUSINESS WIRE)--GE (NYSE: GE) and Hitachi, Ltd. (NYSE: HIT) (TSE: 6501) have signed a letter of intent to negotiate the formation of a global alliance that will combine their new nuclear power plant and services businesses with the goal of strengthening their existing operations, accelerating the development of new products and services, and positioning their alliance for growth in the nuclear energy industry.
NEW DELHI, India--(BUSINESS WIRE)--GE Money announced today that SBI Card, its joint venture with the State Bank of India (SBI), crossed the landmark 3 million cardholders milestone. The 2nd largest Card issuer in India, SBI Card is unique as the only Non-Banking Finance Company (NBFC) issuing credit cards in India and the incredible success of the card underscores its value to customers.
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Doha, 13 July 2006: Doha Asian Games Organising Committee (DAGOC) and Global technology, media & financial services company General Electric (GE) Company today signed a strategic agreement announcing that GE will be an Official Partner for the 15th Asian Games Doha 2006. GE will provide temporary power generation for Doha 2006 for approximately 40 competition and non-competition venues around Doha.
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Earmarks Infrastructure, Healthcare and Financial Services as Growth Engines for India in its 8x8x10 plan -- $8 billion in revenues and $8 billion in assets by 2010
Places special emphasis on innovation, technology and R&D in India for India; files for more than 800 patents from India
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NORTH PLATTE -- More than 95 percent of the nation's coal that passes through Union Pacific's Bailey Yard -- the world's largest rail yard -- are handled by GE locomotives. To increase coal hauling capacity, a new high-tech maintenance and repair facility has been strategically located at the railroad to more efficiently service locomotives pulling empty railcars on returning to the Powder River Basin to pick-up more coal to support energy companies that process the coal into electricity.
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CLEVELAND--(BUSINESS WIRE)--Don't have money for an expensive paint job, but want to find a way to make the current colors in your home more vibrant? Just launched, Reveal® halogen products now offer clean beautiful light and long life.
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NORWALK, Conn.--(BUSINESS WIRE)--GE Commercial Finance today announced the appointment of Jeffrey P. Lupoff as senior managing director of Industrial Project Finance within its Corporate Lending business. Lupoff will be responsible for providing debt financing, lease solutions and equity investments of $25 million to $1 billion or more for new construction or expansion projects within capital-intensive industries.