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General Electric cuts dividend, splits loss-making power unit

General Electric Co slashed its quarterly dividend to just 1 cent per share and said it would split its power unit into two businesses as new Chief Executive Larry Culp took his first steps to revive the struggling conglomerate. GE made an expensive bet on fossil fuels with a pricy 2015 acquisition and is still […]

NHPC Q4 results: Net profit declines 18% to Rs 611 crore, revenue falls – EQ