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 ...
A ruling Congress MLA in Telangana on Monday landed in a controversy after his Bakrid greetings on social media included a graphic image of a cow, drawing sharp response from the BJP.
The Congress legislator, Kumbam Anil Kumar Reddy, later apologised for the "inadvertent error", even as the post was removed from all related social media accounts.
The poster was supposed to have the image of a goat and it has now been removed from social media platforms, he said.
BJP MLA Raja Singh, taking exception to the image of a cow in Mr Reddy's Bakrid greetings, alleged Hindus are insulted wherever Congress forms government.
While there is nothing objectionable about greeting people on the occasion of Bakrid, what message does the MLA want to convey, Raja Singh, known for his strong Hindutva views, asked.
Why is Chief Minister A Revanth Reddy silent on the matter, he asked.
Anil Kumar Reddy, in a video release later, said he is a 'Ram bhakt' and that he has always followed traditions.
He said the poster was removed soon after the error was found out.
"If anyone is hurt, we apologise for it. Because, I am a Ram Bhakt," he said.
Mr Reddy said he has asked his social media team to thoroughly check before posting and that who posted the said poster (for him) is also being looked into.
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)
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