GE-Alstom's $14-billion deal gets okay from EU, US

Last Updated: Wednesday, September 9, 2015, 13:15

US-based General Electric in April last year had offered to buy France's Alstom energy business for USD 13.9 billion.

EU approves $13.4 billion GE's Alstom buyout

Last Updated: Tuesday, September 8, 2015, 23:26

The EU announced Tuesday it had approved a deal under which US giant General Electric will acquire the energy business of French company Alstom for 12 billion euros (USD 13.4 billion), after Alstom agreed to sell some assets to an Italian rival.

EU regulators have approved GE-Alstom deal: Source

Last Updated: Monday, September 7, 2015, 23:00

The European Union has approved a deal under which General Electric will acquire the energy business of French company Alstom for USD 12 billion, a source close to the transaction said Monday.

FDI in railways: GE, Alstom ahead in race for bagging loco projects in Bihar

Last Updated: Tuesday, September 1, 2015, 23:29

GE and Alstom are believed to be ahead of other bidders in the race to bag contracts for the setting up of multi-crore diesel and electric locomotive factories in Bihar that are among the top eight infrastructure initiatives which are being monitored by the PMO.

Alstom's proposed JV bags Rs 1,497-cr contract from DFCCIL

Last Updated: Thursday, July 23, 2015, 13:02

"The proposed joint venture of Alstom India Ltd (AIL) and Alstom Transport S.A. (ATSA) has been issued a letter of acceptance by Dedicated Freight Corridor Corporation of India Ltd," Alstom said in a BSE filing on Thursday.

Alstom to hire up to 1,000 engineers in India in 3-4 years

Last Updated: Sunday, June 14, 2015, 11:55

French engineering major Alstom plans to hire 200-250 engineers annually in India over the next 3-4 years as it looks to double business to 800 million euro (about Rs 5,700 crore) in the country.

Alstom T&D gets Rs 109 cr order from PowerGrid

Last Updated: Friday, June 5, 2015, 15:03

"Alstom T&D India has been awarded a contract...By Powergrid Corporation of India Limited (PowerGrid) to supply ten 765 kV 500 MVA 1-ph auto transformers," the company said in a statement.

Alstom Bharat Forge begins production at Sanand plant

Last Updated: Tuesday, May 26, 2015, 17:38

Set up over an area of 185,000 square meters, the site boasts of an annual capacity of 4000 MW and producing equipment for several major power projects in India.

Alstom-NTPC JV gets Rs 206 cr GSECL order

Last Updated: Wednesday, May 20, 2015, 15:44

The retrofits will boost turbine efficiency by around 14%, thus potentially cutting down coal consumption and carbon dioxide emission.

CCI approves acquisition of Alstom's India assets by GE

Last Updated: Tuesday, May 19, 2015, 19:18

Fair trade regulator Competition Commission of India (CCI) has approved the acquisition of Alstom's India assets by General Electric as part of global deal.

Alstom T&D India bags Rs 227 crore order from Power Grid

Last Updated: Tuesday, May 12, 2015, 16:20

"Alstom T&D India has been awarded a contract of approximately euro 34 million by Power Grid Corporation of India (Power Grid) to supply two gas-insulated substations," the company said in a statement.

GE says EU has halted review of Alstom deal

Last Updated: Tuesday, May 12, 2015, 08:36

The European Commission`s suspension of the review procedural and does not signify a major barrier to winning approval, GE spokesman Seth Martin said Monday.