Asian Alliance Insurance PLC (AAI) that is part of the Softlogic Group is pleased to announce that profit after tax for the company soared to Rs 752 Million for the financial year ended December 2014, more than doubling the result for the previous year which was Rs 362 Million. Asian Alliance Insurance is part of…
Every year, talents hidden in the remotest corners of the country are brought into spot light by Sarvodaya Fusion (the ICT arm of the largest and the oldest civil society movement of Sri Lanka- Sarvodaya Shramadana Sangamaya) through its iconic annual graduation ceremony; Fusion Awards. Once again, this annual landmark celebration of grassroots talents in…
Intel Corporation has signed a definitive agreement to acquire Lantiq, a leading supplier of broadband access and home networking technologies. The transaction is subject to customary closing conditions and regulatory approvals. Smart gateways and intelligent access networks are important elements in Intel’s efforts to make everything smart and connected, best with Intel. This acquisition would…
In a competitive business world where organizations have to manage clients, customers and their employees, any technological advantage is considered a good thing. Organizations yearn for business platforms that deliver flexibility and the agility to grow, to streamline and connect and to prepare for the future. One of the most popular business platforms in use…
SAP NEWSBYTE: Ariba, an SAP SE (NYSE:SAP) company, announced it has been positioned by Gartner, Inc. in the Leaders quadrant of the Gartner Magic Quadrant for Strategic Sourcing Suites, 2015. Ariba has been recognized as a leader in every Gartner Magic Quadrant for Strategic Sourcing Applications and Sourcing Application Suites published since 2008. “We believe…
Life insurance leader’s commitment to reward and motivate future leaders of Sri Lanka totals Rs 100 million A group of 154 bright young Sri Lankans identified as future leaders of Sri Lanka were felicitated recently with scholarships worth more than Rs 8 million at the 14th annual ‘Pranama’ scholarships presentation of Ceylinco Life. With this…
An ardent supporter of sports and the game of cricket in particular, Mobitel today launched a song named “Hadawathinma Sri Lankikai” (Wholeheartedly Sri Lankan) for the millions of fans geared to cheer the cricket team for the mega cricket event. Composed by Vajira Mahakanumulla of Triad and sung by popular artist Nalin Perera and the…
“A week in the firing line today and thank God I am still alive”: Diary of a Gallipoli soldier – The Battle of Gallipoli -World War I (1914-1918). As a hotel immersed in rich history, The Galle Face Hotel was proud to be a part of a television documentary to mark the upcoming Centennial celebrations…
Hayleys PLC reported strong Q3 2014/2015 results, in its filing to the Colombo Stock Exchange. Cumulative nine months profit before tax grew 25 percent over the corresponding period of the previous year. Consolidated group revenue in the third quarter grew 12 percent to Rs. 22.98 billion, with revenue for the nine months ending December 2014…
hSenid Mobile Solutions has partnered award winning cloud orchestrator, Juju, an open source management tool developed by Canonical Ltd, the company that created Ubuntu . Juju uses the Charm Partner Programme to demonstrate software, integrate and scale up and/or down at the click of a button enabling customers to run on products such as OpenStack…
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