Blue Ocean Ventures and the Indian Angel Network collaborate for the third successive year to host Venture Engine 2014, a project aimed at fostering entrepreneurship in Sri Lanka. Over its brief two year duration, the project has served as a springboard for 12 businesses, garnering Rs. 200 million in investment collectively. In addition to opening…
The site for the proposed super luxury hotel and mixed development project under John Keells Holdings Ltd. subsidiary Waterfront Properties Ltd. at Glennie Street in Colombo 2 has been handed over to the relevant construction contractors and that construction work has already begun, says John Keells Holdings. The Gazette notification on the Strategic Development Projects…
Avian Technologies (Pvt)Ltd ,the authorized Managed Partner for Dell Computers in Sri Lankawonthe Best Commercial Tier 02 Business Partner Awardat Dell Power Awards 2014 held recently. The award was won in recognition and appreciation of the performance and dedication in 2013. “This is a great achievement for us, and we are proud to be partnered…
Bharti Airtel, a leading global Telecommunications company with operations in 20 countries across Asia and Africa, announced its partnership with the Mercantile Cricket Association for the development and progress of cricket at MCA. Airtel Lanka is no stranger to sports sponsorship in Sri Lanka and globally, having sponsored several inter-school tournaments for various sports and…
Seylan Bank PLC recently joined hands with Swarnavahini and conducted a very successful cycle race in celebration of the Sinhala and Tamil New Year festive season. Organised by Swarnavahini, the title sponsor of the race was ‘Seylan SURE’, the popular savings reward proposition brand of Seylan Bank PLC. Aptly titled ‘Seylan Swarna Sawari 2014’, this…
Nation Lanka Finance Plc, a 25-year old finance company regulated by the Central Bank of Sri Lanka, revamped its back-office financial management system by deploying an Oracle E-Business Suite 12.1 – a flexible, scalable and reliable global business platform to help improve its operational efficiency, enabling it to automate its management and financial accounting system….
It was that proverbial dream come true for the nearly 140 little children of Veheratenna when they were gifted with their own little pre-school. Everything was new and smelt of fresh paint – from the building to the tables and chairs. Their books were new as were their toys. The innocent awe and amazement on their faces, the…
Asia Capital PLC announced the infusion of Rs. 400 million into the group by two Japanese investors, brothers Yoshimichi Watanabe and Eiji Watanabe through a private placement. As such, the group has issued 21.33 million fresh shares to both individuals giving them a 16.3% stake in the company. This makes the Watanabe brothers the 2nd…
Special offer to commemorate Earth Hour and World Earth Day Amãna Bank, Sri Lanka’s first and only licensed commercial bank fully disengaged from interest based transactions offers financial solutions for customers to help them switch to solar energy on an effective and affordable monthly instalment scheme. With Amãna Bank Solar Financing, customers can finance solar…
Virtusa Corporation (NASDAQ: VRTU), a global business consulting and IT outsourcing company that combines innovation, technology leadership and industry solutions to transform the customer experience, today announced that the Top Employers Institute has named it one of the UK’s Top Employers for the fourth consecutive year. “It is an honor to again be named as…
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