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DMSE and HP sponsor LEARN annual NOC meeting and Campus Network Design Workshop

DMS Electronics (DMSE) & HP sponsored the Annual NOC meeting and Campus Network Design workshop which was conducted by the Lanka Education and Research Network (LEARN) recently in partnership with the Information Technology Centre University of Peradeniya. The workshop focused on sharing best practices for campus wide network optimization for the system engineers and administrators…

(0)Comments | May 26, 2014 11:54 pm

Amãna Bank launches Visa Debit Card

With a view to further add value and enhance customer convenience, Amãna Bank recently launched its very own Visa Debit Card. Amãna Bank’s Managing Director/CEO, Mr Faizal Salieh and Chief Operating Officer, Mr Mohamed Azmeer issued the first lot of Debit Cards to a few key customers at an event held recently at the Bank’s…

(0)Comments | May 26, 2014 11:49 pm

Bharti Airtel announces successful pricing of Dual Currency: USD and EUR bond issuances

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…

(0)Comments | May 26, 2014 11:44 pm

Huge project at Katunayake airport courtesy JAICA

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…

(0)Comments | May 23, 2014 11:37 am

Logistics International Limited commissions state-of-the-art Container Handling Equipment with Kalmar

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…

(0)Comments | May 19, 2014 4:29 pm

The Sunday Roast now at 1864

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…

(0)Comments | May 19, 2014 1:33 pm

Rainco in partnership with Triad unveils Digital Umbrella Pandal at ‘Gangarama Vesak Kalapaya’

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,’…

(0)Comments | May 19, 2014 1:19 pm

Virtusa announces fourth quarter and full year fiscal 2014 consolidated financial results

++ 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…

(0)Comments | May 19, 2014 1:09 pm

Unilever Unveils the Pears Happy Baby Learning Centre

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…

(0)Comments | May 19, 2014 1:03 pm

Alumex leads the field

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….

(0)Comments | May 12, 2014 9:45 pm