Arvind Ltd: Textiles and branded apparel major Arvind Ltd has raised Rs 740 crore by diluting stake in subsidiary Arvind Fashions Ltd. The company has completed the transaction and raised the amount from Multiples, a private equity firm.
Wipro: The company announced that it has been selected as a member of the global Dow Jones Sustainability Index (DJSI) - 2016 for the seventh year in succession. Wipro is included in both the DJSI World and Emerging Markets Indices.
Mahindra & Mahindra: M&M opened its Rs1.50bn spare parts warehouse in Jaipur to cater to customers in north and north western regions of the country for both automotive and tractor spare parts.
Reliance Infrastructure: RInfra has won an EPC order for Rs 36.75 bn from NLC India Limited for setting up two lignite based CFBC thermal power projects with a capacity of 250MW each.