Economy · India
Nelco Invests $20 Million in Satellite Connectivity Firm Elveo
Tata Group's Nelco has acquired a minority stake in Elveo, a company focused on next-generation satellite connectivity. The investment amounts to $20 million. Elveo is involved in developing advanced satellite communication solutions. This move by Nelco aims to bolster its presence in the evolving satellite technology sector.
How outlets across the spectrum covered it
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- Centre (3): Business Standard, The Economic Times, The Tribune