NEW DELHI: Global private equity Bain Capital has joined the race to acquire a controlling stake in Ajay Piramal-promoted Piramal Glass Private Limited (PGPL), two people directly aware of the development told Mint, requesting anonymity as the discussions are private. According to the people cited above, Bain Capital’s offer which came over the weekend is…
Speaker of Parliament Mahinda Yapa Abeywardane on Tuesday (03) announced the names of the 18 members appointed to the Committee on Public Finance to serve the 1st session of the 9th Parliament. Accordingly, Ministers (Dr.) Bandula Gunawardana, (Dr.) Nalaka Godahewa, Keheliya Rambukwella, Susil Premajayantha, D.V. Chanaka, Vidura Wickramanayaka, (Dr.) Sarath Weerasekera and MP’s Anura Priyadharshana Yapa,…
Production, supply and use of fertilizer must be handled on a scientific basis in order to maintain sustainable soil conditions conducive to produce quality crops. Hence, a proper fertilizer supply chain management process with appropriate technical procedures that do not lead to fertilizer wastage, scarcity and deviation from standards should be followed. Accordingly, the Cabinet…
Tourism Minister Prasanna Ranatunga has appointed a 11-member Advisory Committee under the provisions of the Tourism Act No. 38 of 2005 section 32 (b) which comprises private sector stakeholders. The members of the advisory committee are Jetwing Symphony Chairman Hiran Cooray (Chairman), Connaissance De Ceylan Chairman Chandra Wickramasinghe, Shangri La Hotels Colombo Vice President Timothy Wright, Santani Wellness Resort Founder Vickum Nawagamuwa,…
Bloomberg – India’s Adani Group is the front-runner to develop Sri Lanka’s stalled East Container Terminal in Colombo port, people with knowledge of the matter said, helping billionaire Gautam Adani expand his port business overseas. Adani Ports and Special Economic Zone Ltd. and a local partner received an in-principle approval to sign a deal with…
The importance of drinking tea as an essential immunity booster during the prevailing COVID-19 pandemic was highlighted during a well-attended ‘Virtual Ceylon Tea Evening’ organized by the Consulate General of Sri Lanka in Melbourne, in association with the Sri Lanka Tea Board, on 21 October 2020. The very first of its kind, the ‘Virtual Ceylon…
PCR tests of a group of 200 randomly selected were caried out on 03rd November 2020 at the Port of Colombo to ensure the safe health of the employees who are committed to maintaining the continuity and quality of efficient operations at the Port. These tests carried out at the Boat Yard premises is another effective…
Due to the difficulties of organizing physical export promotion programmes during this pandemic situation, the Sri Lanka Export Development Board (EDB) in collaboration with Foreign Ministry and the Sri Lankan Missions overseas has initiated online sessions to enable foreign buyers and Sri Lankan exporters meet via virtual platforms with the objective of creating trade linkages…
The Beijing Swift – By Prof. Samitha Hettige © The AL examination and the year 5 scholarship examination commenced while the quarantine curfew was on in some parts of the country. Students and parents obeyed the quarantine regulations and faced the examinations which are already few months behind schedule. One might say that since independence…
70% decline in International tourism for first eight months of 2020 Restrictions on travel introduced in response to the COVID-19 pandemic continue to hit global tourism hard, with the latest data from the UN World Tourism Organisation (UNWTO) showing a 70% fall in international arrivals for the first eight months of 2020. According to the newest…
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