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<p><strong>A SHAMELESS water company has revealed increased profits and shareholder payouts &ndash; despite a parasite outbreak.&nbsp;</strong></p>
<p>South West Water&rsquo;s chief executive Susan Davy announced the bumper handouts while insisting the firm is &ldquo;100% focused&rdquo; on returning a safe water supply to those affected in Devon.</p>
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<div>
<p>Operating profits lifted 8.6% to &pound;166.3million this year, despite over 16,000 households and businesses in Brixham being affected by cryptosporidium. Anthony Mangnall, Tory MP for Totnes, said it was &ldquo;hugely disappointing&rdquo; that the company had decided to pay out dividends and called for Ms Davy to resign.</p>
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<div>
<p>Michael Smith, co-owner of the Venus Cafe near Brixham,&nbsp;said water firms needed to take a dividend &ldquo;holiday for a couple of years&rdquo; and invest in infrastructure.</p>
<p>Ms Davy said the company has paid out about &pound;3.5m in compensation to customers.</p>
</div>
</div>
</div>
</div>
</div>

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Girish Ramdas is the Co-founder and CEO of Magzter, a New York based startup that has been making waves in the global digital publishing business. Magzter has crossed 80 million users since its inception in 2011 from more than 150+ countries with 1000s of magazines, newspapers and books from more than 4,500 publishers worldwide. He has more than 25 years of experience in cross-platform publishing, including print, mobile, and Web development. During this period, he has co-founded and run three successful start-up businesses. He has enabled magazine companies to go digital and helps them monetize their content across the digital world. Girish's deep industry experience in online, mobile and publishing ecosystems has made him an expert in acquisition, marketing and monetizing digital content across platforms globally.

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is the World's largest and fastest growing self-service, cross-platform digital newsstand with over 87 million users since its inception in 2011 and thousands of magazines and newspapers across 40+ categories and 60+ languages. Headquartered in New York, Magzter has its local presence in Amsterdam, London, Mexico City, Chennai, Mumbai, New Delhi, Bengaluru, Singapore, and will soon be expanding to other countries. Founded by global entrepreneurs, Girish Ramdas and Vijay Radhakrishnan in June 2011, Magzter enables magazine and newspaper publishers around the world to create and deliver digital editions of their titles to global consumers.

n. We will also use usage information in order to ensure users adhere to our Terms of Use. For example, a user’s usage information will help us confirm that a user only downloads a magazine or other content a permitted number of times or to a permitted number of devices.

which gives digital readers unlimited access to 8,500+ magazines and newspapers for a monthly subscription price. Magzter also has the largest number of stories in the world with its game-changing ezRead 2.0 feature for its apps, which enables smartphone and small-screen mobile users to enjoy magazine content the way it was meant to be enjoyed, with article text that is easy to read and is accompanied by stunning videos and high resolution photography.

{{magzter}} is the World's largest and fastest growing self-service, cross-platform digital newsstand with over 87 million users since its inception in 2011 and thousands of magazines and newspapers across 40+ categories and 60+ languages. Headquartered in New York, Magzter has its local presence in Amsterdam, London, Mexico City, Chennai, Mumbai, New Delhi, Bengaluru, Singapore, and will soon be expanding to other countries. Founded by global entrepreneurs, Girish Ramdas and Vijay Radhakrishnan in June 2011, Magzter enables magazine and newspaper publishers around the world to create and deliver digital editions of their titles to global consumers.