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Dipped Products Records Rs. 1.7 Billion PBT in 2014/15

Dipped Products Group (DPL), posted a turnover of Rs. 27.7 billion, a 20 percent increase for the financial year 2014/15 with a Profit Before Tax (PBT) of Rs. 1.7 billion.  Hand Protection, the company’s glove making business contributed Rs. 15 billion to turnover, up 12 percent and a PBT of Rs. 1.5 billion, up 65…

(0)Comments | May 18, 2015 1:40 pm

Sri Lanka Insurance facilitates its Millionaires’ Club members

The annual Millionaires club awards night of Sri Lanka Insurance was held at Waters Edge Hotel under the patronage of SLIC Chairman Mr. Hemaka Amarasooriya, Managing Director Mr. Bangsa Jayah, Executive Director Mr. P.P.J. Perera and Director Mr. Imal Fonseka. The objective of establishing this prestigious club is to recognize and reward productive field officers…

(0)Comments | May 18, 2015 1:33 pm

Virtusa Ranked Most Valuable IT Export Brand in Sri Lanka

Virtusa Corporation (NASDAQGS: VRTU), a global business consulting and IT outsourcing company that combines innovation, technology leadership and industry solutions to transform the customer experience, announced it has been rated the most valuable IT export brand in the country by Brand Finance Lanka in its 12th edition of Brands Annual. Emerging fourth within the export category,…

(0)Comments | May 18, 2015 1:22 pm

Virtusa Announces Fourth Quarter and Full Year Fiscal 2015 Consolidated Financial Results

WESTBOROUGH, Mass:  Virtusa Corporation (NASDAQ GS: VRTU), a global business consulting and IT outsourcing company that combines innovation, technology leadership and industry solutions to transform the customer experience, reported consolidated financial results for the fourth quarter and full fiscal year 2015, ended March 31, 2015. Fourth Quarter Fiscal 2015 Consolidated Financial Results Revenue for the…

(0)Comments | May 18, 2015 1:18 pm

Kia Motors (Lanka) partners with Aitken Spence to deploy Oracle Solution to automate processes

Kia Motors (Lanka) Limited, the sole local distributor for the popular Korean automobile brand, has successfully deployed Oracle E-Business Suite to integrate and streamline the company’s operations. The deployment was completed in 14 months by Aitken Spence Technologies, a Gold level member of Oracle PartnerNetwork (OPN). Prior to the deployment of Oracle E-Business Suite, the…

(0)Comments | May 18, 2015 11:00 am

Hashan Haputhanthri on Second National Seminar on Higher Education in India

One of the Sri Lanka’s successful Marketing / Brand strategists and Tacticians, and, by the words of the Marketing Industry, “Sri Lanka’s Brand Guru”, eminent author cum philosopher of TRAVIS BRANDSOLOGY (The 1st Asian Philosophy for Brands) and co-author of “The Book for Entrepreneurs” in India, Hashan Travis Haputhanthri recently addressed the Second National Seminar…

(0)Comments | May 14, 2015 11:36 pm

Mobitel the driver of innovation leads the path for a revolutionary transformation in ICT

The National Mobile Service Provider Mobitel, in view of World Telecommunication and Information Society Day 2015, reiterated the company’s commitment to spearhead the advancement of technological innovation and growth in all spheres of national development and progress. Mobitel expressed its commitment to push boundaries by creating the pathway for ICT innovation, while remaining the key…

(0)Comments | May 14, 2015 11:32 pm

Seylan Bank records growth of 27% and posts Profit after Tax of Rs. 651 Mn for Q-1 2015

Seylan Bank, recorded a strong quarterly performance with Profits before Income Tax reaching Rs. 968 Million, a 21% increase for the 3 months ended 31st March 2015.  Profits after tax recorded a growth of 27% to reach Rs. 651 Million compared to the Rs. 514 Million reported in the corresponding period in 2014. Despite industry…

(0)Comments | May 13, 2015 5:02 pm

ACL Cables introduces two new technologically advanced cable ranges

ACL cables, the market leader in cables with over 70% market share as a Group and the pioneer of Sri Lanka’s cable industry since 1962, has introduced two state of the art Fire Rated Cables. These could be considered the safest as well as the most technologically advanced cable ranges in the local market. Unlike…

(0)Comments | May 13, 2015 4:33 pm

Revelations Academy makes history – first time a Children’s Choir from Sri Lanka wins Gold at an International Competition

Proving once again, that musical talent in Sri Lanka is of exceptional standard, The Revelations Academy Children’s Choir comprising 21 children between the ages 10 to 14 years, made history by becoming the first-ever Sri Lankan children’s mixed voice group to win a Gold Diploma at the recently concluded 4th Vietnam International Choir Competition in…

(0)Comments | May 13, 2015 4:24 pm

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