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 25-year-old product manager from Gurgaon has gone viral after sharing a detailed breakdown of his Rs 90,000 monthly expenses, offering a candid look at the cost of living for young professionals in a tier-1 city. Shivank Goel posted the breakdown on Instagram, highlighting how everyday expenses, rather than an extravagant lifestyle, add up quickly. Despite not spending on parties or luxury hobbies, his monthly outflow reflects the financial reality of urban adulting.
His fixed costs include Rs 18,000 for rent for a 2BHK apartment, along with Rs 2,000 for house help and Rs 1,000 for electricity. Digital essentials such as Wi-Fi, subscriptions, and phone bills come to around Rs 3,000 per month. Notably, his commute and weekday meals cost him nothing, as they are covered by his workplace.
Beyond essentials, he spends about Rs 5,000 on groceries and supplements like protein powder. He also sets aside Rs 20,000 every month for SIP investments, indicating a strong focus on savings and financial planning.
However, a significant portion of his expenses comes from discretionary spending. A single trip cost him Rs 30,000, while another Rs 10,000 went toward miscellaneous purchases, including laundry, shopping, and late-night online orders.
Altogether, his monthly spending touches Rs 90,000 - an amount he pointed out feels substantial, especially given his relatively low-key lifestyle. "So, total wallet damage? 90,000 Rs., which is scary because I don't go out, I don't party, and I have no expensive hobbies. But, I guess adulting in these big cities is just one long bill," he wrote.
Watch the video here:
The post struck a chord with many users online, with several calling it relatable and reflective of the rising cost of living in cities like Gurgaon. Others highlighted the importance of disciplined investing, noting that his savings stood out even amid high expenses.
The viral breakdown has added to broader conversations about how young professionals in urban India are navigating rent, lifestyle costs, and long-term financial goals—all while trying to maintain a balance between spending and saving.
from NDTV News- Special https://ift.tt/jHLunOo
Comments
Post a Comment