NEW DELHI Feb 22 General Electric Co 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.
BAE Systems to begin building new British nuclear submarines
LONDON, Oct 1 Britain's ministry of defence said on Saturday that construction work will begin on the country's new nuclear submarines, announcing nearly 1.3 billion pounds ($1.7 billion) of new investment with defence firm BAE Systems .
Zara owner Ortega buys $550 million Madrid skyscraper
MADRID, Oct 1 Amancio Ortega, Europe's richest man and founder of global fashion group and Zara owner Inditex , has bought one of Madrid's most famous skyscrapers for 490 million euros ($551 million) through his property investment arm, a source said.