Ravi Dadlani to lead CEAT Kelani JV as new Managing Director
CEAT Kelani Holdings has announced the appointment of Mr Ravi Dadlani as Managing Director of the company with effect from 1st March 2018. PreviouslyVice …
CEAT Kelani Holdings has announced the appointment of Mr Ravi Dadlani as Managing Director of the company with effect from 1st March 2018. PreviouslyVice …
Mar 05, 2018 (LBO) – Sri Lanka’s Prime Minister Ranil Wickremesinghe said that the island is on the path of becoming an attractive place for …
Sri Lanka Telecom (PLC) released its Group and Company financial performance 2017 today. The group comprised of 8 subsidiaries including Mobitel (Pvt) Ltd. …
Mar 02, 2018 (LBO) – Dialog Axiata PLC, a local telecommunications provider, and Ericsson have rolled out the first commercial Massive IoT network …
Mar 02, 2018 (LBO) – The Board of Directors of Bairaha Farms Group has approved an investment of 1.3 billion rupees to increase the day broiler chick …
(PRESS RELEASE) Fitch Ratings-Colombo-26 February 2018: Fitch Ratings has affirmed Sri Lanka-based conglomerate Richard Pieris & Company PLC’s (RICH) …
(PRESS RELEASE) – Registering steady double digit growth in premiums through FY 2017, Janashakthi Insurance PLC (Janashakthi) posted a consolidated …
Feb 26, 2018 (LBO) – Allianz announced the company has completed its acquisition of Janashakthi General Insurance Limited, after receiving all the necessary …
(PRESS RELEASE) – Ceylinco Life has posted net profit of Rs 6 billion for the year ending 31st December 2017 while reaffirming its market leadership in …
(PRESS RELEASE) – Sampath Bank posted a Profit After Tax (PAT) of Rs 12.1 Bn for the year ended 31st December 2017, an impressive 32.7% YoY growth …
Feb 16, 2018 (LBO) – Sri Lanka’s insurance industry was able to report a growth of 15.53 percent (3Q, 2016: 16.97 percent ) in terms of overall …
For the nine months ended Dec 31, 2017 the overall turnover of Piramal Glass Ceylon was on par with the previous year’s sales of Rs.5 billion mark. The …
Feb 14, 2018 (LBO) – RIL Property Plc said they will be raising 1.6 billion rupees through one for three Rights Issues to settle part of the long-term …
Strong top line performances across the Hayleys Group and the addition of recent strategic acquisitions resulted in a 37% YoY increase in turnover up to Rs. …
Hemas Holdings PLC and its subsidiaries reported consolidated revenue of Rs.35.6 billion; a year-on-year (YoY) growth of 11.4% and profit attributable to …
CSE Feature Interview: CSE records strongest ever start to a year in terms of Foreign Investment Record breaking foreign investment in the Sri Lankan stock …
Feb 02, 2018 (LBO) – The shares of Hatton Plantations Ltd (CODE: HPL) commenced trading on the Colombo Stock Exchange (CSE) today. The shares, which were …
Jan 25, 2018 (LBO) – Softlogic Holdings PLC has come to an agreement with Samena Ceylon Holdings Ltd., a Mauritius based firm to raise 7 billion …
Jan 05, 2018 (LBO) – Jetwing Symphony Ltd, will open trading at the Colombo Stock Exchange from today following its successful Initial Public Offering …
Jan 02, 2018 (LBO) – Institute of Chartered Accountants of Sri Lanka recently launched the revised Code of Best Practice on Corporate Governance 2017 with an …