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NCLAT allows GE to sell stake in Baker Hughes with riders

A three-member bench headed by Chairperson Justice S J Mukhopadhaya also said that such sales should not affect the business of Triveni Turbine Ltd and its JV firm GE Triveni Ltd (GETL). New Delhi: The National Company Law Appellate Tribunal (NCLAT) Tuesday allowed General Electric (GE) to sell a controlling stake in its step-down subsidiary […]

REC Forms Subsidiary to Boost Renewable Power in Madhya Pradesh – EQ