ABB India Ltd. has declared a bumper special dividend of Rs 90 per share with face value of Rs 2 each, after posting a modest uptick in its net profit for the second quarter of the calendar year 2026. "This is to inform you that the Board of Directors of the Company at its Meeting held on July 31, 2026, declared a special dividend of Rs.90/- per share (Rupees Ninety only) i.e.(4500%) on 21,19,08,375 equity shares of face value of Rs.2/- each fully paid up for the financial year 2026," the company stated in an exchange filing. Further, ABB India has set Friday, August 7, 2026 as the record date to determine the eligible shareholders for the dividend payout. The dividend will be paid to the eligible shareholders on or before August 29, 2026, the company informed. ABB India reported a 3% year-on-year rise in net profit to Rs 362 crore from Rs 352 crore for the second quarter of calendar year 2026. Revenue increased 21% to Rs 3,559 crore from Rs 2,940 crore, while ...
For the first time in Indian military history, two classmates, Lieutenant General Upendra Dwivedi and Admiral Dinesh Tripathi, will be service chiefs of Indian Army and Navy.
Navy Chief Admiral Dinesh Tripathi and Army Chief Designate Lt Gen Upendra Dwivedi studied at the Sainik School, Rewa, in Madhya Pradesh. They were together in the school from class 5th-A in the early 1970s.
The roll numbers of the two officers were also around each other, as Lt Gen Dwivedi's roll number was 931 and Admiral Tripathi's was 938.
Their bonding was strong from the initial days in the school and they remained in touch all along, even though they were in different forces.
A defence official who knows both the officers said strong friendships among the senior leadership in the military matter a lot in strengthening the working relationship between the forces.
"This rare honour of nurturing two prodigious students, who would go on to lead their respective Services 50 years later, goes to Sainik School, Rewa, in Madhya Pradesh," Defence Ministry Spokesperson A Bharat Bhushan Babu said in a tweet.
For the first time in Indian Military history, Chiefs of Navy and Army hail from the same school. This rare honour of nurturing two prodigious students, who would go on to lead their respective Services 50 years later, goes to Sainik School, Rewa in Madhya Pradesh. (1/2) pic.twitter.com/52FMCO01qM
— A. Bharat Bhushan Babu (@SpokespersonMoD) June 29, 2024
The appointments of the two classmates have also come around the same time, in a gap of around two months.
Admiral Tripathi took over the command of the Indian Navy on May 1, while Lt Gen Dwivedi will be taking over his new appointment tomorrow.
Lt Gen Dwivedi has had a long tenure as the Northern Army Commander where he's had exposure to the ongoing operations in the military standoff on the Line of Actual Control in eastern Ladakh.
Born on July 1, 1964, Lt Gen Upendra Dwivedi was commissioned into the Jammu & Kashmir Rifles of the Indian Army on December 15, 1984.
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)
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