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 ...
Underlining that constitutional courts cannot be a mute spectator, the Calcutta High Court on Saturday ordered the deployment of Central forces in Bengal's Murshidabad where anti-Waqf protests have resulted in the death of three people.
Several vehicles, including police vans, were set on fire, stones were thrown at security forces, and roads were blocked as violence erupted in Malda, Murshidabad, South 24 Parganas and Hooghly districts during protests over the new legislation yesterday.
The High Court underlined that every citizen has right to life and it is the responsibility of the state to ensure that the life and property of every citizen is secured.
"Constitutional Courts cannot be a mute spectator and embroil itself in technical defences when the safety and security of the people are at danger. The deployment of Central Armed forces earlier could have escalated the situation as it appears adequate measures have not been taken in time," said the court.
The court noted that the situation is "grave and volatile", underlining that action is to be taken against the culprits to arrest the atrocities committed on innocent citizens on "war footing".
"We cannot turn a blind eye to the various reports that have surfaced which prima facie show vandalism in few districts of the state of West Bengal. The purpose of deployment of the para-military forces or Central Armed Police Force is only for the purpose of facilitating the state administration to ensure the safety and security of the population in this State," said the court, adding it cannot be denied that "there is an internal disturbance" in some of the districts in the state.
The central forces will operate in coordination with the state administration. The court also instructed both the state government and the Centre to submit detailed reports on the situation.
A special bench comprising Justices Soumen Sen and Raja Basu Chowdhury was constituted by the Chief Justice to urgently hear a petition filed by Suvendu Adhikari, Leader of the Opposition in the West Bengal Assembly, seeking the deployment of central forces in the district.
The matter is scheduled for further hearing on April 17.
Governor CV Ananda Bose on Saturday night welcomed the Calcutta High Court's directive for the deployment of central forces in violence-hit areas of Murshidabad district.
"I have been told about the deployment of CAPF in the riot-affected areas of Bengal, including Murshidabad. I am glad that the Calcutta High Court stepped in and given the appropriate decision in appropriate time," the Governor said in a video message released by Raj Bhavan.
Earlier today, Chief Minister Mamata Banerjee declared that her state would not implement the controversial Waqf (Amendment) Act and appealed for peace and harmony.
"We have made our position clear on this matter - we do not support this law. This law will not be implemented in our state. So what is the riot about?" she said in a post on X.
Ms Banerjee cautioned against political misuse of religion and warned of legal action against those inciting riots.
"Remember, we did not make the law that many are agitating against. The law was made by the central government. So the answer you want should be sought from the central government," the Chief Minister added.
Director General of Police Rajeev Kumar cautioned the agitators that the state police will not tolerate any attempts to disrupt law and order in the name of the protests.
from NDTV News- Special https://ift.tt/jFr8Hbh
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