Category: Other
Sri Lanka seen needing to improve land, labour productivity
Jan 20, 2012 (LBO) – Sri Lanka’s plantation companies are in crisis with high costs and falling commodity prices that only greater labour and land productivity can overcome, an official said. The island 150-year-old plantation industry needs to rationalize land and labour utilization and management, said Anura Ekanayake, a former Director of Planning at the […]
Cement prices in India set to rise
NEW DELHI, Jan 19 (Asia Pulse) – The price of a 50-kg bag of cement in India may go up by as much as Rs 9 (USNEW DELHI, Jan 19 (Asia Pulse) – The price of a 50-kg bag of cement in India may go up by as much as Rs 9 (USNEW DELHI, Jan […]
Legal Forum
Jan 19, 2012 (LBO) – Sri Lanka will be hosting a conference February initiated by the International Association of Young Lawyers (AIJA) which will also highlight the island’s potential as a legal process outsourcing destination, organizers said. AIJA will hold the two day conference from February 09 collaborating with the Bar Association of Sri Lanka, […]
Wiki Protest
Jan 18, 2012 (LBO) – Wikipedia will be blacked out from 5. 00 UTC (10.30 am Sri Lanka time) protesting two proposed laws in the US which it says will “would seriously damage the free and open Internet” if implemented. Reports said President Obama may veto both bills. “It is the opinion of the English […]
Sri Lanka Renuka Agri Foods to buy dairy firm
Jan 17, 2012 (LBO) – Sri Lanka’s Renuka Agri Foods plans to buy control of Richlife Dairies Limited, a manufacturer of dairy and fruit products, a stock exchange filing said. Renuka Agri Foods said it has signed an agreement to purchase 76 percent of the issued capital of Richlife Dairies. The deal grants Renuka Agri […]
Infosys says on track to meet 45,000 hiring target
BANGALORE, (Asia Pulse) – India’s Infosys Technologies said it is well on track to meet its target of hiring 45,000 persons this fiscal year and will focus on local hiring. “People addition is on track for 45,000 (employee hiring) target for the financial year 2012. The company will focus on local hiring.We have hired 1,000 […]
ASEAN, India sign deal on tourism co-operation
MANADO, North Sulawesi, Jan 13 (AsiaPulse) – ASEAN and India have signed an MoU on the promotion of tourism cooperation. The MoU which will serve as an umbrella of cooperation in facilitating tourist travel and visits, was signed by Indonesian Minister of Tourism and Creative Economy Mari Elka Pangestu and Indian Tourism Minister Subodh Kant […]
India no match for China on social indicators: Nobel laureate
PUNE, Jan 9 Asia Pulse – India is no match for neighbouring China when it comes to social development indicators, eminent economist and Nobel laureate Amartya Sen has said. “There is a huge gap there (on social front) as China is one of the best performers in terms of social indicators,” Sen said while speaking […]
‘s Tata motors unveils three new models
NEW DELHI, (Asia Pulse) – Expanding its product portfolio in the sports utility and commercial vehicles segments, Indian auto major Tata Motors (BSE:500570) has showcased three new models slated for launch in the next financial year. At the 11th Auto Expo held here, the company also displayed four concept cars equipped with alternate fuel technology, […]
Yamaha to set up 3rd plant in India; to enter scooter segment
NEW DELHI, (Asia Pulse) – Motorcycle maker India Yamaha Motor plans to set up its third plant in the country, for which it has started scouting for land in Karnataka and Tamil Nadu. The company, which plans to invest Rs 800 crore in the next two years, on capacity enhancement, said it expects to sell […]
Mercedes launches luxury SUV, open top roadster in India
NEW DELHI, Jan 6 (AsiaPulse) – Premium car maker Mercedes-Benz on Thursday launched a luxury SUV, M-Class, which is priced at Rs 58-60 lakh, and an open top vehicle, SLS AMG Roadster, that comes for about Rs 3 crore (US$568,830). The German auto major also showcased the future design cues through Concept A-Class and fuel […]
Maldives reverses ban on spas: report
Jan 05, 2012 (LBO) – Maldives has reversed a ban spas imposed by the tourism ministery after determining that they were not used for prostitution as alleged by Islamist protestors, a media report said. There have been anti-semitic protests recently about the transport ministry’s decision to allow direct flights from Israel, while a restaurant that […]