Tuesday, November 8, 2011

Business News

CORPORATE GE Capital to expand leasing business
Wikipedia focusing on India this year



 
CORPORATE GE Capital to expand leasing business
Financial services provider GE Capital said on Sunday it will expand its leasing business in both new and existing asset areas in India, eyeing exponential growth in volumes in 2012. The company said it is entering into new leasing asset areas and expanding its existing presence in the automotive and equipment leasing for corporate organizations segment. “Commercial leases contribute a significant portion of GE Capital's commercial book size globally. We are combining our global leasing expertise with our knowledge of the Indian market to bring relevant offerings to midsize and large local and multinational companies,“ GE Capital India president and chief executive officer Anish Shah said in a statement. 

Wikipedia focusing on India this year
Wikipedia, the online encyclopedia, has turned its focus on India this year, and is working to reach out to people in the country as part of its expansion plans.
“This year our focus has been India.
We have a few people on the ground in India; they're there helping to solve technical questions, helping with PR letting the public know that Wikipedia exists in all those Indian languages,“ Wikipedia co founder Jimmy Wales said.
He said the organization was carrying out pilot studies in India and intends to use the learning experience gathered from there in other regions as well.
(Source-: mintlive.com)