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(From India Business Insight)
Otis Elevator Company is ranked 72nd in the 4th Business Today- Stern Stewart Survey of India's Biggest Wealth Creators 2003 (71st in the rankings in 2002). The survey covered 800 companies in the manufacturing and services sectors and 80 companies in the banking and financial services sectors. Financial information was sourced from the Centre for Monitoring Indian Economy (CMIE) and filtered on the basis of average market capitalisation. While both economic value added (EVA) and market value added (MVA) were calculated, the master ranking of companies is based on MVA or the value added by a company …