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 ...
US Iran War, Peace Talks LIVE Updates: The leader of Iran's joint military command threatened Wednesday to halt trade in the Gulf region if the U.S. does not lift its blockade of Iranian ports. Even so, US President Donald Trump said the war in Iran was "very close to over" in an interview that aired Wednesday.
Separately, Treasury Secretary Scott Bessent warned that the US is preparing to ramp up economic pain on Iran by levying secondary sanctions on financial institutions that do business with the Middle Eastern nation. Bessent called the measure the "financial equivalent" of the bombing campaign.
Mediators' efforts to extend a US-Iran ceasefire made progress as the two sides are expected to hold another round of negotiations, regional officials said. But a senior US official said Washington has not formally agreed to extend the ceasefire. A Pakistani delegation arrived for talks in Tehran in the latest diplomatic move.
Israel, meanwhile, is pressing ahead with its aerial and ground war against the militant group Hezbollah in Lebanon, a day after the two nations held their first direct talks in decades.
Here Are The LIVE Updates of US-Israel Iran War, Ceasefire, Peace Talks
from NDTV News- Special https://ift.tt/BPlIqO2
Comments
Post a Comment