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In October 2013, Otis won its biggest ever contract to date, to supply 670 elevators and escalators to the Hyderabad Metro. [22] Its second biggest contract had been in 2012, to supply 349 elevators for the Hangzhou metro. [22] In 2015, Otis had to slow its expansion in Asia after orders in the region started to drop. [23]
Public documents (any content whatever its medium) produced by the Commission or by entities on its behalf published by the Commission or the Publications Office or which have not been published for economic or other practical reasons, such as studies, reports and other data shall be made available for reuse unless otherwise specified [1] without restrictions according to 2011/833/EU ...
In that year, Otis signed a bargaining agreement with rival union Bharatiya Kamgar Sena (BKS), giving management free hand. On February 2, 1994, BKS members attacked protesting workers inside the factory, after which Otis locked out all workers not willing to accept the bargaining agreement until the end of 1994. During the lockout, Otis ...
The Chamber of Commerce was established in 1917 to represent Hyderabad State of the old Nizam's dominions. After the formation of Andhra Pradesh in 1956, its name was changed to 'The Federation of Andhra Pradesh Chambers of Commerce and Industry'in 1958.
United Technologies Corporation (UTC) was an American multinational conglomerate headquartered in Farmington, Connecticut. [1] It researched, developed, and manufactured products in numerous areas, including aircraft engines, aerospace systems, HVAC, elevators and escalators, fire and security, building automation, and industrial products, among others.
The project is then invoiced to the customer based on the actual costs incurred plus the agreed margin. It is essentially the same as what is known (especially in the U.S.) as a cost-plus contract. This contract form is popular to ensure that a competitive price is obtained, for instance in cases where tender competitions are impractical.
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