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EXPLAINED: Ge | Rare Historical Photos

India Inc’s Promoter Raj has run its course. Time to rewrite the succession script

Corporate India faces numerous high-profile CEO departures, testing established succession plans. The traditional promoter system, a colonial construct, now hinders progress and good governance. This outdated model, which segregates control from ownership, needs thorough reevaluation. Competence, not lineage, should now be the sole criterion for leadership roles. India possesses a…

The Economic Times

‘He didn’t get out the window’: Ryanair CEO disputes passenger was partially sucked out of plane, says he would get some compensation but not a huge payout

Ryanair CEO Michael O’Leary has disputed a passenger’s claim that he was partially sucked out of a plane after a window shattered mid-flight, saying the man was “certainly sucked towards the window” but never actually went through it. O’Leary made the comments on Thursday as he addressed reporters following Ryanair’s…

The Times of India

Michael O’Leary denies claim passenger was sucked out of Ryanair window

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The Independent UK

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Ryanair will dispute passenger’s claim he was sucked out of window

CEO Michael O’Leary tells reporters the businessman was sucked ‘towards’ but not ‘out of’ the opening

The Guardian - UK

Ryanair boss ‘disputing’ account of passenger partially sucked out of window

Ryanair boss Michael O’Leary said it will be ‘disputing’ that any part of a passenger’s body was sucked out of a window midflight.

Evening Standard

Ryanair boss ‘disputes’ claim passenger was partially sucked out of window

Ljubisa Karovic, 61, suffered neck and shoulder injuries after the window broke during a Ryanair flight

The Independent UK

Ayala, one of Asia's oldest conglomerates, wants to keep itself together. Its CEO explains why

Ayala CEO Cezar Consing explains why the 192-year-old Philippine conglomerate is staying together—and demanding more from its businesses.

Fortune

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GE Aerospace’s $11.75B Deal Puts Howmet Aerospace in Focus

GE Aerospace's $11.75 billion deal for Consolidated Precision Products sent Howmet Aerospace shares down 10%, but strong casting demand suggests both stocks remain well-positioned.

MarketBeat

Genetically engineered crops may be doing more than boosting harvests: new 40-year study finds they could help US farms withstand climate change

New research suggests genetically engineered crops help US agriculture adapt. Widespread adoption of these crops is linked to higher and more stable yields. Corn and soybean varieties showed the clearest benefits from this genetic modification. GE crop use also appears to dampen climate-driven shifts in farming geography. This technology offers…

The Economic Times

GE Vernova shares surge 8% as firm declared lowest bidder for Power Grid project; Nomura raises target price

GE Vernova T&D India shares rose after the company emerged as the lowest bidder for a 6,000 MW HVDC project from Power Grid. Nomura raised its target price to Rs 6,000, while Emkay retained its Buy rating with a Rs 5,300 target price. Both brokerages highlighted strong prospects in the…

The Economic Times

Global Esports win VCT Pacific Stage 2 and many first-time feats in one year

First regional win for Global Esports.

Dot Esports

Hospital Monitoring Software That Dropped Patients During Updates Now Carries a Formal Recall Classification from Regulators

FDA classified the GE HealthCare Portrait monitoring software issue as a Class II recall after patients were removed during updates.

Medical Daily

Defense Stocks Are Pulling Back as Their Navy Tailwinds Get Stronger

Naval modernization contracts from the Navy are boosting GE Aerospace and RTX, whose recent stock pullbacks and large backlogs may offer investors a favorable entry point.

MarketBeat

Forget Alexa — UGreen wants you to use its new local AI assistant to control your smart home

UGreen is introducing a new local AI device that will not only serve as backup for all your photos and videos, but act as a central hub for all your smart home devices. But, it won't come cheap.

Tom’s Guide

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The Economic Times

GE Aerospace delivers 3 more F404 engines to HAL for LCA Tejas Mk1A in August

GE Aerospace delivered three F404-IN20 engines to HAL in August for India's fighter jet program. These engines are crucial for the Light Combat Aircraft Tejas Mk1A production line. Supply constraints have previously caused delays in the aircraft's delivery schedule. HAL is expecting further engine deliveries from GE during the latter…

Fortune

GE Vernova lands Rivian’s CFO, leaving EV maker to find successor

GE Vernova is betting on the executive who helped take Rivian public.

Barchart

Is GE Aerospace Stock Outperforming the Nasdaq?

As GE Aerospace has outpaced the broader Nasdaq Composite over the past year, Wall Street analysts remain strongly optimistic about the stock’s prospects.

Barchart

Stocks Fall as Rising Geopolitical Risks Boost Crude Oil and Bond Yields

The S&P 500 Index ($SPX ) (SPY ) is down by -0.50% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down by -0.67%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down by -0.29%. E-mini S&P futures (ESU26 ) are down -0.48%, and September E-mini...

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The Economic Times

Air India receives delivery of fourth custom made B787-9 Dreamliner as VT-AWD lands in Delhi

Air India welcomed its fourth Boeing 787-9 Dreamliner aircraft to Delhi. This new addition supports the airline's ongoing fleet modernization and transformation program. The aircraft will serve passengers on medium and long-haul international routes. Air India expects more widebody aircraft deliveries in the coming years. Many of the airline's older…

MarketBeat

HONA: The Spin-Off Story the Market Is Reading Wrong

Honeywell Aerospace's first earnings report as a stand-alone company missed estimates and cut guidance, sending shares down 23%, though backlog growth and analyst targets suggest a supply, not demand, issue.

The Times of India

A Kansas cowboy put 50 wind turbines on his 7,000-acre ranch and turned the wind into his most reliable cash crop, selling electricity to thousands of homes

A 7,000-acre cattle ranch in Kansas has found an unusual way to generate a steady income alongside traditional ranching. Pete Ferrell, a fourth-generation rancher, hosts 50 industrial wind turbines on his property as part of the 100-turbine Elk River Wind Project, a 150-megawatt facility that began operating in 2005. The…

Fortune

Jack Welch fired him from GE. He became a Fortune 500 CEO 3 years later

David Cote’s unlikely climb shows why one brutal career setback can tell you surprisingly little about what comes next.

Fortune

America faces an affordability crisis like the one from 25 years ago, but needs a fresh solution

We are living in an era when companies must find solutions that are not just lower-cost, but rather higher value. Costco and Walmart are worth a look.

Guitar World

“There’s so much to extract from this very cheap, easy-to-use, and gig-worthy floor modeler”: Mooer GE150 Pro Li review

Extremely affordable and packed with features, is this the perfect gateway into floor modelers?

The Economic Times

GE Aerospace uses AI to cut aircraft engine turnaround time by five days

GE Aerospace is using artificial intelligence at its Bengaluru technology centre to improve aircraft engine inspections, maintenance and supply-chain forecasting, reducing engine turnaround time by around five days. Its AI-enabled tools are also cutting GEnx blade inspection times by about 50%, while engineers work on next-generation propulsion and engine technologies.

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