"Handshake across the Himalayas"
India, China to study new ways to ease border tensions
India and China will study new ways to ease tensions along their ill-defined border, Chinese Premier Li Keqiang said on Monday in his first foreign trip since taking office, which comes just weeks after a military stand-off between the Asian giants in the Himalayas. Full Article | Slideshow
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GE sees India revenue growing 15-20 percent: Immelt
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Jeffrey Immelt, Chairman and CEO of General Electric, speaks at the 2012 Simon Graduate School of Business' New York City Conference in New York, May 3, 2012.
Credit: Reuters/Keith Bedford/Files
NEW DELHI |
NEW DELHI (Reuters) - General Electric Co (GE.N) expects revenues from the company's Indian business to grow between 15 and 20 percent on a "sustainable basis", its Chief Executive Jeff Immelt said on Friday.
GE, which installed India's first hydro power plant in 1902, has Indian revenues of about $2.8 billion and employs about 15,000 people there.
All of GE's global businesses are present in India. GE says it exports over $1 billion in products and services from India.
(Reporting By Devidutta Tripathy; Editing by Daniel Magnowski)
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