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Polaris dilutes entire stake in US subsidiary
However, company did not disclose details of buyer, value of transaction
 "Polaris dilutes entire stake in US subsidiary")
Kudankulam Unit I power production in 20 days
The second unit is expected to go on stream by June next year
 "Kudankulam Unit I power production in 20 days")
PEs to exit despite weak rupee
Investors prefer exits with lower valuation to staying invested for a longer term
 "PEs to exit despite weak rupee")
Industry readies for atomic push
With the Kudankulam Nuclear Power Plant expected to start generating energy in about 20 days, Tamil Nadu's small and medium enterprises hope the power-starved state is in for brighter days
Rupee volatility cut Sterling value of our investments by 20%: Eredene Capital
The fund has already announced that it will not make any further investments in new projects
 "Rupee volatility cut Sterling value of our investments by 20%: Eredene Capital")
Ashok Leyland launches new ICV named Boss
The product is being launched in the Haulage segment with 9.6T, 11.9Tand 12.9T GVW
 "Ashok Leyland launches new ICV named Boss")
Sundaram Infotech bags order from Italian banking major
Italian Braking Systems major has operations in 3 continents, production facilities in 12 countries and markets its products in 70 countries
 "Sundaram Infotech bags order from Italian banking major")
New residential projects launch drops by 56 % in Chennai
The delay was mainly due to approvals according to a report
 "New residential projects launch drops by 56 % in Chennai")
Madras Stock Exchange plans to raise Rs 100 crore from PEs, IPO
This, to meet Sebi mandate of Rs 100 crore networth and Rs 1,000 crore of annual turnover
Madras Stock Exchange plans to raise Rs 100 crore
The fund raising will help MSE meet Sebi mandate of Rs 100 cr net worth and Rs 1,000 cr annual turnover
 "Madras Stock Exchange plans to raise Rs 100 crore")
TN asks Center not to sell Naval ships to Sri Lanka
Jayalalithaa says Sri Lankan Navy intensifying their actions against fishermen from Tamil Nadu
 "TN asks Center not to sell Naval ships to Sri Lanka")
Rolls Royce to launch India edition in 2014
According to GM of Emerging Marktes, Asia Rolls Royce Motor Cars, India is the most important market for the company in Asia Pacific
 "Rolls Royce to launch India edition in 2014")
Nokia's global EVP visits factory near Chennai
Trip 1st high profile visit after Nokia sold its phone unit to Microsoft
 "Nokia's global EVP visits factory near Chennai")
Belgium firm acquires Chennai-based Cethar Consulting Engineers
CCE is consultancy organisation incorporated in 2005, provides Engineering Consultancy services
 "Belgium firm acquires Chennai-based Cethar Consulting Engineers")
Gateway banks on staying awake
Taj Group's brand focuses on flexibility and cities with young traveller traffic
 "Gateway banks on staying awake")
Tamil Nadu power utility completes financial restructuring
It will be the first power utility in the country to complete financial restructuring
 "Tamil Nadu power utility completes financial restructuring")
UniverCell to challenge larger electronic chains
The 1,100-cr mobile retail chain UniverCell is looking to take the brand to western and northern markets. It will spend around Rs 50 cr in advertising
 "UniverCell to challenge larger electronic chains")
Ashok Leyland's UK arm appoints new CEO
The 45-year old Vassallo will replace P G Nilsson, who has been the Interim CEO since January 1, 2013
Chennai Petro to seek RBI nod for commodity hedging
Refiner loses Rs 341 cr due to rupee exchange volatility
 "Chennai Petro to seek RBI nod for commodity hedging")
SpiceJet to add seven Boeing planes in FY14
The new aircrafts were part of SpiceJet order in 2010 for 30 Boeing Next-Generation 737-800, which were valued at about $2.3 billion at list prices then
 "SpiceJet to add seven Boeing planes in FY14")