OTIS dividend

MUMBAI, FEB 17: The board of directors of OTIS Elevator Company (India) Ltd today recommended a dividend of 100 per cent (Rs 10 per share)...

MUMBAI, FEB 17: The board of directors of OTIS Elevator Company (India) Ltd today recommended a dividend of 100 per cent (Rs 10 per share), including a special one time millennium dividend of 25 per cent (Rs 2.5 per share). The company’s sales for the year ended December 31, 1999 were Rs 294.41 crore (against Rs 186.78 for nine months ending December 1998) and net profit was Rs 20.09 crore (Rs. 15.32 crore), the company said in a statement here.

Chief Minister Sukhvinder Singh Sukhu has expressed grief over the accident and directed the officials to expedite the rescue operations, an official statement issued here said.

18 killed in Himachal as landslide hits bus: ‘whole mountain came crashing down’

Cities4 hr ago

A massive landslide in Himachal Pradesh's Bilaspur district struck a private bus, resulting in the death of at least 18 passengers. The accident occurred in the Bhalughat area and rescue operations are ongoing with slim chances of survival. Chief Minister Sukhvinder Singh Sukhu expressed grief and directed officials to expedite rescue efforts. Intermittent rains have been hindering the operations.

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