Category: Industry
Lifeline
ldblquote We are looking at raising another Rs.680 mn through private financing, mostly through preference shares and equity, dblquote Apollo Hospitals Group Chairman, Dr.Prathap C Reddy told Lanka Business Online in an interview last evening. rnrnThe funds would go towards part financing the Rs. 3 bn 500-bed hospital in Colombo, which is due to open […]
Flying Via SMS
The latest services would cost users Rs.3.00 to receive flight schedules of the national carrier provided that the user knows either the flight number or the destination city.rn rnIn addition, users also need to know the corresponding short code to activate the service. Dialog officials have countered that problem by offering the short codes via […]
Making Connections
The partnership brings to Eureka a host of high-end data services enhancing the company quote s ability to provide better connectivity to the corporate sector.rn rnMCI WorldCom is a leading force in data and voice services in the US and in Europe. The Company is rapidly strengthening its presence in the eastern and southern hemispheres. […]
Diplomatic Maneuvering
Lloyds of London officially removed the surcharge last month following intense diplomatic lobbying and a consultation with independent security experts who carried out a security audit on Colombo Port. rnrnHowever, some shipping lines continue to charge a WRS on cargo bound to American ports, said President Ceylon Shippers quote Council, Ravi Ratnapala. rnrnldblquote This is […]
Looking For Direction
Education reforms have been on the cards for the past 20 years but in implementation have been a painfully slow process if not a non-starter. rnrnIn addition to a lack of political will, one of the key reasons educational reforms get stuck in limbo is the failure of successive governments to successfully market the reforms […]
Running East
Formerly known as eRunway Inc., Virtusa is a Sri Lankan company headquartered in the, USA with development centers in Colombo, Hydrabad and Boston. rnrnVirtusa develops and deploys mission critical products and solutions for Fortune 1000 companies and leading software product developers. Its core competence revolves around developing cutting edge technology and delivering dynamic project plans […]
Motivating Managers
The speaker line up is headed by Doug Adams who has build up an international practice in training corporate management on leadership skills. Adams has worked with many top local companies like JKH and MAS Holdings and expected to use his knowledge on local management traits to stimulate a change in mindset. rnrnAdams has titled […]
Green Labels
The initiative will rank products and services on their net environmental friendliness, with an eco-label certification provided by an authorized certifying body. rnrnBacked by the Science and Technology Ministry and driven by local environmental NGO EMACE, the 21-member steering committee representing manufacturers, exporters, and local certifying bodies. rnrnWorldwide, eco-labels have been used to cover diverse […]
Off Channell
eChannelling quote s Rs. 100 mn public offering, which was touted as Sri Lanka quote s first lquote dot com quote , failed to create an appetite among local investors, with less than half of the issue under subscribed at the closure yesterday.
Unlocked
Foreign companies can now invest up to 100 percent of the equity capital of financial sector companies, free of exchange controls, the Central Bank said in a statement. rnThe move is “subject only to the rules and regulations stipulated by the relevant regulatory authorities pertaining to the activities of the companies in which investment is […]
Switchboard
SLT quote s Japanese partners Nippon Telegraph & Telephone Corp. (NTT) have also expressed willingness to increase its present 35 percent holding to 40 percent through its various associate companies, during the public issue, PERC sources said. rnThe government had earlier planned to list the fixed line monopoly through a combination of an international and […]
Breaking The Mould
The open debate will also sort through the political baggage that still remains one of the biggest hindrances to an efficient, disruption free system of education. rnrnldblquote The efficiency of education is tied down with its views focusing solely on the equity principle, not allowing for the efficiency and effectiveness of education. The situation is […]