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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]
Otis' SEC filings, including our Form 10-K and quarterly reports on Form 10-Q, provide details on important factors that could cause actual results to differ materially. ... In Hyderabad, India ...
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.
During the lockout, Otis increasingly employed unskilled contract workers to service maintenance contracts, leading to several accidents, including a fatal one, in 1994. During this time, OEEU organised temporary workers and workers coming from Mumbai's outskirts. [1] In 1998, two Otis workers died on the job in separate incidents in Mumbai.
A tariff is a form of tax imposed on imports from another country. The domestic business buying goods from another country pays the additional fee, but the extra costs often get passed onto consumers.
The Unified Metropolitan Transportation Authority [1] or UMTA is the urban transportation planning agency of Hyderabad, Telangana, India.It was constituted in 2008 by an Act of the Andhra Pradesh legislature (G O Ms. No. 624).
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.
The South Korean foreign ministry denounced Hegseth's remarks. According to English-language outlet Yonhap News, the ministry said, "Under the [non-proliferation treaty], North Korea can never be ...