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 ...
Michael Schumacher continues to remain an intriguing name in F1, even after remaining away from public eye for over a decade since a horrific skiing accident in December, 2013. Since then, details about his health condition have been kept confidential. It has been reported in the past that Schumacher has been residing in Switzerland. Last year, former world champion Sebastian Vettel, who is close to Schumacher and his family, recently revealed that the F1 legend "is not doing well".
However, now a great news has emerged. According to a report in European media, Michael Schumacher signed a crash helmet last month with the help of his wife Corinna Schumacher. That helmet is to be auctioned for charity. The F1 great those world champions to contribute his signature for the noble cause. In all, 20 world champions have signed on the helmet.
Johnny Herbert, Schumacher's teammate at Benetton in 1994 and 1995, said the act was an 'emotional' moment.
"It's wonderful news that Michael Schumacher signed Jackie Stewart's helmet," Herbert told FastSlots.
'It was a wonderful moment. We haven't seen something emotional like this in years, and hopefully, it's a sign. Hopefully, Michael is on the mend. It's been a long, horrible journey for the family, and maybe we'll hopefully see him in the F1 paddock soon.
"Michael Schumacher making an appearance at an F1 race weekend would be one of those special moments from one of the greatest drivers we have ever seen.
"It would be so welcomed, not just from everyone in the paddock, but everyone around the world. Considering the awful situation he found himself in, and to battle back against it, it would be amazing.
"I hope we continue to hear this positive news more often."
Speaking to Mail Sport, Stewart said: 'It is wonderful that Michael could sign the helmet in this worthy cause - a disease for which there is no cure. His wife helped him, and it completed the set of every single champion still with us.'
from NDTV News- Special https://ift.tt/O4mrpkb
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