Idea Cellular, Aditya Birla Group's telecom company, signed a memorandum of understanding with Akshaya Patra Foundation in Odisha for providing mid-day meals to school students in the state.

Around 47,000 students from 625 schools in 10 locations of the state would benefit through this initiative.

TVS Motor Company has dipped 6% to Rs 286 on the BSE after the company reported a single digit 2.43% year on year increase in total sales at 225,401 units in November 2015. The Chennai-based company had sold 220,046 units in the same month last year.

"Incessant rains for the past three weeks in Chennai have had an adverse effect on company's production during this period. The company suffered sales loss of approximately 15,000 units due to inclement weather", TVS Motor said in a statement.

Small investors are best advised to enter the stock market through institutions such as mutual funds and pension funds, Sebi Chairman U K Sinha said today while asserting that he was not worried if smaller investors do not participate in IPOs directly.

Sinha also emphasised that the regulator has put in place all necessary measures to check any manipulations in the primary markets, even as various attempts have been made in the past to manipulate the IPOs.

Leading stock exchange BSE will classify warrants issued by companies into a separate group, called 'W', with effect from Friday.

Currently, all types of warrants are traded under 'F' Group.

The move follows after BSE (formerly known as Bombay Stock Exchange) launched three new sub-groups -- 'XC', 'XD' and 'XT' -- for companies listed exclusively on its platform last month.

Bajaj Auto today reported a marginal increase in total sales in November at 3,09,673 units as against 3,09,259 units in the same month last year.

Motorcycle sales during the month increased 3.4% to 2,70,886 units as against 2,61,948 units in November last year, the company said in a statement.

Coal India's production jumped 8.8 per cent to 321.38 mt during April-November period of the current fiscal, while offtake soared by 9.8 per cent.

Coal India (CIL) produced 295.40 million tonnes (mt) during the same period last year, a company official said.

Infosys, the country’s second-largest information technology services company, is pushing the use of renewable energy to reduce its carbon footprint. It is installing solar power plants that can produce 55 Mw of electricity by end of next year. This would cater to close to a third of its annual energy requirement.

“By December, we would be commissioning 15 Mw of solar plants in our campuses, including a 7-Mw solar power plant, set up at our new campus in Hyderabad. We would also be adding 40 Mw next year,” said Ramdas Kamath, executive vice-president and head of infrastructure, facilities, administration. Last year, Infosys consumed 257 million units for all its facilities in the country.

International oil and gas consultant DeGolyer & MacNaughton (D&M) on Tuesday gave its final report on the dispute between Oil and Natural Gas Corporation (ONGC) and Reliance Industries (RIL), establishing natural gas — believed to be worth Rs 11,000 crore — has migrated from idling Krishna-Godavari fields of the state-owned firm to the adjoining KG-D6 block.

The US-based consultant had in October given its interim report to the Directorate General of Hydrocarbons (DGH). The upstream regulator had then invited comments from the two companies on the findings.

Diwali demand helped the country’s car makers to report a double-digit growth in November, a consecutive month of high growth. Based on industry data, the November sale is estimated to have grown by about 11 per cent.

Three top players — Maruti Suzuki, Hyundai and Mahindra — reported a double-digit growth. November in 2014 was a low base month, since Diwali was celebrated in October. In October, automobile makers had reported an increase of 21 per cent.

Ford India today reported a 34.78 per cent surge in total sales at 17,189 units in November.

The company had sold 12,762 units last year.

Ford India's domestic sales were at 8,773 units last month, up 54.97 per cent from 5,661 units a year ago, Ford India said in a statement.

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