GE to sell transportation finance unit to BMO

Last Updated: Friday, September 11, 2015, 09:14

US industrial conglomerate General Electric said Thursday it would sell the transportation finance unit of its GE Capital to Canada`s BMO Financial Group.

GE to sell Healthcare Financial Services for $9 bn

Last Updated: Wednesday, August 12, 2015, 03:40

General Electric said Tuesday it has agreed to sell its Healthcare Financial Services and related loans to US bank Capital One for $9 billion.

Airbus, Boeing announce $20bn in orders as Paris Air Show takes off

Last Updated: Monday, June 15, 2015, 22:33

Airbus and Boeing got their sales war off to a flying start at the world`s premier air show near Paris on Monday with nearly $20 billion (18 billion euros) in orders.

GE in talks with Element Financial on fleet assets sale

Last Updated: Wednesday, May 27, 2015, 08:48

While a deal has not yet been reached, GE hopes to draw up terms of a sale by the end of the quarter, Bloomberg reported.

Yet to decide on roping in partner for credit cards biz: SBI

Last Updated: Thursday, May 7, 2015, 16:57

Country's largest lender SBI today said it is yet to decide on roping in a partner for its credit cards business after its long-time associate GE Capital has announced to exit financial business globally.

GE to sell bulk of finance unit, return up to $90 billion to investors

Last Updated: Friday, April 10, 2015, 23:32

Blackstone Group LP and Wells Fargo & Co confirmed that they were buying most of the assets of GE Capital Real Estate for about $23 billion.

AIE to lease three Boeing planes from GE Capital Aviation

Last Updated: Sunday, January 11, 2015, 17:38

Air India Express (AIE) will lease three Boeing 737-800 planes from GE Capital Aviation Services (GECAS) of Singapore, which are expected to be delivered to the airline next year.

General Electric posts 9% profit drop for third quarter

Last Updated: Friday, October 18, 2013, 17:56

General Electric on Friday reported a 9 percent drop in third-quarter earnings as revenues slipped, driven by a downsizing of its financing arm, GE Capital, and unfavorable foreign exchange rates.

Magma Fincorp buys GE Capital's home finance biz for Rs 1,600 cr

Last Updated: Thursday, November 8, 2012, 22:19

While the deal marks the exit of GE Capital's two decades of home loan business in the country, it also marks the entry of Magma into the domain.

GE Capital to pick 7.69% stake in Biocon's arm for Rs 125 cr

Last Updated: Wednesday, October 31, 2012, 19:43

As per the agreement, GE Equity International Mauritius, a subsidiary of GE Capital Corporation will make a primary equity investment in Syngene, a joint statement said.