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 ...
In a jolt to the Congress in Haryana where assembly polls are due in October, the party's senior leader Kiran Choudhary and her daughter Shruti Choudhary will join the ruling BJP on Wednesday.
Confirming the development, Kiran Choudhary, who is also a sitting MLA, told PTI she is quitting the Congress and joining the BJP on Wednesday.
Her daughter Shruti Choudhary, a former MP, is a working president of the Haryana Congress.
Kiran Choudhary, daughter-in-law of former Haryana chief minister Bansi Lal, is considered the bete noire of senior Congress leader Bhupinder Singh Hooda and is learnt to be upset with the denial of ticket to Shruti Choudhary from Bhiwani-Mahendragarh constituency in the recently concluded Lok Sabha polls.
The Congress had given the ticket from the seat to sitting MLA and Hooda loyalist Rao Dan Singh, who lost to BJP's sitting MP Dharambir Singh.
"Shruti and I will be joining the BJP in Delhi on Wednesday," Kiran Choudhary said.
Taking a veiled dig at Mr Hooda, Ms Choudhary said, "They have pushed me into a corner. There is a limit to humiliation one can suffer."
Ms Choudhary said both she and her daughter will resign from the primary membership of the Congress to join the BJP. Ms Shruti will quit as working president of Haryana Congress, she said.
In the recently held Lok Sabha polls, the Congress and the BJP won five seats each.
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)
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