New Delhi: Bharti Airtel Limited, a leading global telecommunications company with operations in 20 countries across Asia and Africa, today announced that its wholly-owned subsidiary Bharti Airtel International (Netherlands) B.V. (“Bharti”) has successfully priced a dual currency issuance of Guaranteed Senior Notes comprising of USD 1,000 million, 5.350 % Notes due 2024 (the “USD Notes”) and…
The work on the proposed development of the passenger terminal at the Bandaranaike International Airport (BIA) at Katunayake to handle 15 million passengers from the current six million and also add other services would begin in November this year, said Civil Aviation Minister Priyankara Jayaratne while speaking to AdaderanaBiz. While the funds for this project…
With Colombo becoming a growing maritime hub and the need for more efficiency in container handling, Logistics International Limited (LIL) recently automated their container depot with a brand new Double Container Handler, making it the only facility in Colombo with such technology. The commissioning of this brand new Kalmar double stacker solution DCF100-45E6 enables LIL…
A Sunday luncheon with family and close friends is considered a treasured experience. It is a time for good food and a great way to bring people together, to share details of busy lives, renew friendship and strengthen family bonds. “The Galle Face Hotels continues its pre-eminent position in the community by resurrecting the Traditional…
The unique Vesak concepts portrayed by Rainco and its creative partner Triad (Pvt) Ltd have stood out year after year at the ‘Colombo Vesak Kalapaya.’ In celebration of this year’s Vesak Festival the duo set out to depict a sacred memorandum through a contemporary and modern creative concept. The theme ‘The Eight Vicissitudes of Buddhism,’…
++ Fourth quarter fiscal 2014 revenue of $111.1 million increased 10% sequentially and 24% year-over-year. Fourth quarter fiscal 2014 diluted EPS was $0.35. ++ Full year fiscal 2014 revenue of $396.9 million increased 19% year-over-year. ++ Income from operations for the full year fiscal 2014 increased 29% to $42.4 million. ++ Full year fiscal 2014…
Brings knowledge and expertise to Sri Lankan Mothers Unilever Sri Lanka launched the Pears Happy Baby Learning Centre recently, dedicated to all mothers and babies in Sri Lanka. This one-of-a-kind project works to leverage expertise from multiple partners and associates towards the inspiring vision of “Grow Happy” for all babies in Sri Lanka. “Sri Lanka…
The Alumex Group performed exceptionally well in the financial year ended 31st March 2014, with revenue growing 13% to reach Rs. 2.8 billion. Profit before tax of the group was Rs. 464 million recording an increase of 23%. Profit after tax was reported as Rs. 379 million compared with Rs. 307million in the previous year….
The Hayleys Group subsidiary, Dipped Products, recorded a consolidated turnover of Rs. 23 Bn turnover in the Financial Year ending 31st March, 2014. Despite numerous challenges encountered during the year – including the forced closure of the latex glove manufacturing factory at Rathupaswala, since 30 July 2013 – DPL sustained its revenue base with a…
At the recently held Green Building Award Ceremony 2014, organized for the first time by the Green Building Council of Sri Lanka, Holcim Lanka Limited was awarded Green Labelling Certification for its Sanstha brand. The awards ceremony was held at the BMICH Colombo under the patronage of the Minister of Economic Development Hon. Basil Rajapaksa….
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