NELCO Expands Satellite Services with DoT Approval

NELCO, a company owned by the Tata Group, got permission from the government to sell more satellite services.

This approval lets them sell services from other companies too.

It's good news because it means they can grow their business.

They also recently shared their financial results, which showed they made more money this year compared to last year.

However, their operating profits were a bit lower.

Their stock price went down a little on the day the approval was announced.