Tata Teleservices awards 3G contract to Huawei Technologies

Tata Teleservices said it has given China's Huawei Technologies a contract to roll out its third-generation mobile network. No financial details were not provided.

On Friday, Tata Teleservices shares rose 1.54% to Rs23.2 on Bombay Stock Exchange, while the benchmark Sensex closed 0.1% down at 18,221 points.

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Venky’s to invest Rs50 crore for expansion programme in poultry segment

Venky's (India) Ltd, formerly Western Hatcheries Ltd, said it undertook an expansion programme with an investment of about Rs50 crore in poultry products segment.

Venky's is engaged in animal health products, pellet feeds, processed, and further processed chicken products, solvent oil extraction, and specific pathogen free (SPF) eggs.

On Friday, Venky's shares rose 7.5% to Rs860 on Bombay Stock Exchange, while the benchmark Sensex closed 0.1% down at 18,221 points.

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Suzlon wins 30 MW order from Altrade group

Wind turbine manufacturer Suzlon Energy Ltd said it won a 30 MW order from Altrade Group through its two group companies - Tarini Minerals (P) and Indrani Patnaik. No financial details were provided.

Suzlon will set up, operate and maintain the project to be installed at wind farms in the Jaisalmer and Jodhpur districts of Rajasthan. The project will comprise 20 units of Suzlon's S82-1.5 MW wind turbine generators (WTG) and will be commissioned by January 2011.

Orissa-based Altrade Group focuses primarily on the iron ore mining industry and is further diversifying into the real estate and hospitality sectors.

On Friday, Suzlon shares ended 2.6% lower at Rs50 on Bombay Stock Exchange, while the benchmark Sensex closed 0.1% down at 18,221 points.

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