Business Daily from THE HINDU group of publications Saturday, Oct 06, 2007 ePaper |
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Money & Banking
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Financial Institutions Industry & Economy - Infrastructure GE Commercial invests $22 m in OSE New Delhi, Oct. 5 GE Commercial Finance on Thursday announced that it has invested $22 million in Oriental Structural Engineers Private Ltd (OSE), a company engaged in the construction of highways, expressways and urban civil infrastructure. “We are pleased to partner in OSE’s growth and further our commitment to infrastructure development in India. This is a strategic investment for GE and is indicative of our commitment to play a substantial role in this space,” Mr Vicky Bindra, President & CEO, GE Commercial Finance India, said. Established in 1972, OSE has constructed roads, highways and airport runways with plans to expand to railway development in the near future. — Our Bureau More Stories on : Financial Institutions | Infrastructure
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