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The Latest Breaking News from Nelco

Tata Group stocks: TCS, Tata Motors, Tata Chemicals rally up to 20% as RBI rejects Tata Sons’ CoR surrender; Tata Sons IPO back in spotlight

In a significant move, the Reserve Bank of India has denied Tata Sons' proposal to relinquish its registration, bringing the spotlight back to the possibility of a public offering for the holding company. After the announcement on September 11, many Tata Group stocks saw a considerable uptick. The expected IPO…

The Economic Times

Tata Group's satcom arm invests $20 million in US-based Elveo to expand connectivity

Nelco, a Tata Group company, is investing twenty million dollars in Elveo Mobile. This partnership aims to introduce advanced satellite connectivity solutions to India. The collaboration will bring Direct-to-Device and IoT services to the region. These services will cover sectors like automotive, maritime, and energy. Elveo Mobile is a new…

The Economic Times

Jio inks sat JV to take on Musk, Tata, Mittal companies

NEW DELHI: Broadband through satellite is emerging as a major business area for telecom companies from India and abroad with a high-pitched battle on the cards between Mukesh Ambani’s Reliance Jio Platforms, Sunil Mittal-backed Bharti OneWeb, Tata’s Nelco and Elon Musk’s StarLink.

The Times of India

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