MIFL records PBT of LKR 818Mn in FY 2025-26, up 193-pct YoY

Mahindra Ideal Finance Ltd. (MIFL) reported its strongest ever financial performance in the year ended 31 March 2026, recording significant growth across profitability, lending volumes, and operational efficiency. The company posted a Profit Before Tax (PBT) of LKR 818 million, reflecting a 193% Year-on-Year (YoY) increase, while Profit After Tax (PAT) rose to LKR 478 […]

Sri Lanka’s real estate leaders chart a 10-yr vision at RIUNIT forum

Sri Lanka’s most influential voices in property, investment, policy and urban development convened at the Port City Sales Gallery on Monday, 5th May 2026, for Driving Growth Through Real Estate: 10 Year Plan – a high-level forum conceptualised and hosted by the Research Intelligence Unit (RIUNIT). The half-day forum, held from 2:30 PM to 7:00 […]

Smart Quest marks 20 years of transforming Sri Lanka’s leaders

As the world marks ICF International Coaching Week 2026, Smart Quest Coaching & Consulting (Pvt) Ltd is celebrating a major milestone of its own, marking 20 years of contribution to leadership development, professional coaching and organisational capability building in Sri Lanka. Founded in 2006 by Andrea Jayatilleka, Smart Quest began with a clear belief that […]

U.S., Sri Lanka Partner to Advance American AI Leadership in Higher Education

The United States is strengthening its global leadership in artificial intelligence (AI) by partnering with Sri Lanka to help shape the country’s first national AI policy framework for higher education. At the request of the University Grants Commission (UGC), the U.S. Embassy in Sri Lanka collaborated closely with Sri Lankan counterparts to develop a framework grounded in American AI expertise, standards, […]

Research Vessel Dr. Fridtjof Nansen Completes Marine Scientific Survey in Sri Lankan Waters

The Research Vessel Dr. Fridtjof Nansen has successfully completed a marine scientific survey in Sri Lankan waters and departed Colombo, marking the conclusion of a critical mission to strengthen the country’s ocean knowledge base. As part of the EAF-Nansen Programme of the Food and Agriculture Organization of the United Nations (FAO) and Norway, the vessel […]

New threat to IT services? Anthropic to launch AI services firm: What it means

Anthropic has teamed up with Goldman Sachs, Blackstone and other global investors to launch a $1.5B venture focused on deploying AI directly inside companies. Instead of just selling tools, the new firm will embed engineers into businesses to build and integrate Claude AI into real workflows—targeting the biggest gap in AI adoption: implementation. With backing […]

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