The Jio Financial Services brand includes: Jio Financial Services posted a consolidated profit of 293.82 crore for the December quarter, up from a profit of 668.2 crore in the previous quarter. The company's lack of dividend income during the quarter caused the revenue from operations to drop to 413.6 crore from 608 crore the previous quarter.
Hindustan Copper & NALCO: A joint venture agreement for the exploration and mining of lithium has been signed by Argentina's CAMRY SE and Khanij Bidesh India Ltd (KABIL). NALCO, Hindustan Copper, and Mineral Exploration Co. have a joint venture.For $200 crore, KABIL will explore and mine five lithium brine blocks spanning 15,703 hectares in the province of Catamarca, Argentina. An Indian public utility is undertaking its first lithium exploration and mining project.
According to BLS International, BLS International FZE, UAE, has finalized a deal to acquire 100% ownership of Turkish visa and consular service provider iDATA. The deal, which is anticipated to close this year, is expected to have an enterprise value of approximately Rs 400 crore, or €50 million.
Infratech PNC: PNC Infra Holdings and Highways Infrastructure Trust (HIT) have finalized agreements to divest 12 road assets in Uttar Pradesh, Madhya Pradesh, Karnataka, and Rajasthan.
The Archangel: Its December quarter net profit of 260.3 crores represented a 14.2% increase over the same period last year. Revenues reached 1,059 crores, up 41.5%.
Rail Vikas Nigam Ltd.: As the lowest bidder, RVNL won the 24-month project from Madhya Pradesh Vidyut Vitaran Co.
The Aster DM Healthcare Company: The board of Alpha GCC Holdings and Affinity Holdings is debating whether to pay its shareholders dividends in the amount of 70–80% of the $903 million upfront consideration.
Energy & Minerals Sarda: In order to meet the captive power requirements of production and mining facilities, the company will install a 50 MW DC solar power plant as part of its agreement with Chhattisgarh.
Pumps from Shakti: On January 18, the board will talk about a suitable institutional placement.
