General Electrics News
As many as top 50 US companies, including the likes of Apple, Walmart, General Electric, Microsoft, Google and Coca-Cola have a whopping $1.4 trillion stashed in offshore tax havens, an Oxfam report has revealed.
GE chief executive Jeffrey Immelt said Monday he sees great opportunities in India as a manufacturing destination, lending high-profile support to Prime Minister Narendra Modi`s "Make in India" campaign.
Calling for measures to make it easier to do business in India, Chairman & CEO of US-based diversified conglomerate GE, Jeff Immelt, Monday said Prime Minister Narendra Modi's reform programmes need to be executed better and faster to attract overseas investors to India.
EU competition regulators launched Monday a probe into US group General Electric`s planned 12.4-billion-euro ($14.1-billion) acquisition of the energy business of French rival Alstom.
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