The cover of today’s Sunday Times magazine features a photograph of a smiling man in a tasteful suit sitting on an expensive-looking chair. No wonder he looks pleased with himself: Gopi Hinduja and his three brothers, known in their native India as the Fab Four, are collectively worth £11.9bn, making Srichand, 78, and Gopi, 74, who…
Associated Motorways (Pvt) Ltd, recently introduced the Nissan 370Z to local enthusiasts. The 370Z is the sixth-generation of the Nissan Z-car line, succeeding the 350Z. Currently exhibited at the AMW Union Place showroom the stylish car is featured in this picture. About AMW: Established in 1949, a pioneer in the country’s tyre retreading industry, Associated…
JAMES and Erica Packer flew out of Sydney Airport together this morning to attend the funeral of billionaire Paul Ramsay in Bowral. The pair boarded a helicopter with a small entourage, including Channel 7 boss Kerry Stokes, just before 10am for the trip to Bowral. Healthcare billionaire Ramsay, who died last week, left most of…
AdaderanaBiz earlier reported that though the Kottawa to Kothalawela, Kaduwela stretch of the outer-circular expressway has already been opened, the Kothalawela interchange is only temporary till a new interchange comes up at Pore in Athurugiriya. Accordingly, the Road Development Authority (RDA) has already begun work on reclaiming a part of the marsh/paddy land at Pore…
Police are investigating a public brawl between James Packer, one of Australia’s richest men, and a television executive, which could jeopardise regional expansion plans for Packer’s casino business if it leads to a criminal conviction, report claims. The fight on Sunday between Crown Resorts Ltd Executive Chairman Packer and David Gyngell, chief executive of Nine…
AdaderanaBiz earlier revealed that three overhead electrically operated pedestrian crossings are to be constructed by the government at Kottawa. While updating AdaderanaBiz on the latest state of this project, Road Development Authority (RDA) chief R.W.R. Pemasiri said the discussions are in progress to construct these overhead walkways while resorting to local technological expertise. “We are…
SriLankan Airlines which joined the ‘‘oneworld’ global aviation alliance with a ceremony at the Mattala Rajapaksa International Airport this morning, became the first airlines in South Asia to join such an alliance. Among the national and international guests who attended this ceremony were Senior Minister Sarath Amunugama, Member of Parliament Namal Rajapaksa and SriLankan Airlines…
The Sri Lanka Board of Investment (BoI) is preparing to cancel the three earlier agreements for the mixed development project involving James Packer, John Keells Holdings and Dhammika Perera and sign new agreements. Investment Promotions Deputy Minister Faizer Mustapha told AdaderanaBiz that the BoI is preparing to sign fresh agreements over these three projects with…
The earlier plans for the construction of a hotel opposite the Galle Face by the Hong Kong based Shangri-La Group have reportedly been changed and according to the new plans even the high tension electricity lines running across the area have to be relocated. While speaking to AdaderanaBiz on this issue, Investment Promotions Minister Lakshman…
The government has already given the go ahead to establish private universities in Sri Lanka. While commenting on this, Higher Education Ministry secretary Dr. Sunil Jayantha Navaratne told AdaderanaBiz that plans are afoot to establish 10 private universities in Sri Lanka by 2020. “Our plan is to establish 10 private universities in Sri Lanka by…
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