ABB India Limited - Clarification

ABB India Ltd has informed BSE that:<br/><br/>"We came across a news item in Financial Express dated October 30, 2014, regarding our Company, which contained certain wrong and misrepresenting information.<br/><br/>We have already taken up this issue with Axis Capital, who are the source of the said wrong information and also strongly denied the contents of the news item. We have advised Axis Capital to rectify the misunderstanding immediately vide our email dated October 30, 2014. A copy of the said email is enclosed."