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April: Demerge and transfer of the Garments Business Division to their 100% subsidiary company Arvind Brands Ltd and amalgamating Arvind Fashions Ltd a 100% subsidiary of Arvind Brands Ltd with Arvind Mills. [8] Joint venture with company Arvind Murjani Brand Pvt Ltd through which they hold license to sell Tommy Hilfiger brand apparel in India. [8]
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Stock market indices may be categorized by their index weight methodology, or the rules on how stocks are allocated in the index, independent of its stock coverage. For example, the S&P 500 and the S&P 500 Equal Weight each cover the same group of stocks, but the S&P 500 is weighted by market capitalization, while the S&P 500 Equal Weight places equal weight on each constituent.
Arvind Narottambhai Lalbhai (3 April 1918 – 2007) was son of Narrotam Lalbhai one of the three brothers who founded the Arvind Mills in 1931, which today is amongst the top textiles companies of India and is the flagship company of the Rs. 2,000 crore Lalbhai Group established by his grandfather Lalbhai Dalpatbhai in 1896.
The stock price of Google’s parent company, Alphabet, rose 2.5% even with China’s antitrust investigation. The company released its latest earnings report after trading ended for the day.
Aurobindo Pharma Limited is an Indian multinational pharmaceutical manufacturing company headquartered in HITEC City, Hyderabad. The company manufactures generic pharmaceuticals and active pharmaceutical ingredients .