Hindustan Times – Indian-origin CEO Aravind Srinivas’ Perplexity AI offers $34.5 billion to buy Google Chrome, eyeing 3 billion users as AI race with OpenAI and others heats up. Perplexity AI, led by Indian-origin CEO Aravind Srinivas, has made an unsolicited $34.5 billion (over ₹3,02,152 crore) all-cash bid to acquire Google Chrome, according to a Reuters…
Diversified portfolio and strategic agility propel Q1 2025/26 results Ambeon Capital PLC, the investment holding company of the Ambeon Group reported a Profit After Tax (PAT) of LKR 731 Mn making a significant profit growth compared to the PAT of LKR 83 Mn in the same period last year. Ambeon Holdings PLC the group’s principal…
• Group assets cross Rs 2.5 Tn • Advances growth in Q2 exceeds Rs 100 Bn • Deposits grow by over Rs 140 Bn in Q2 • Asset quality continues to improve, with the net Stage 3 ratio at 1.59% • Persistently strong capital buffers underpin financial stability • Recognised once again by ‘The Banker’…
LKR74Bn Loan Growth, up 26% YoY Profit After Tax of LKR 9Bn. up 10% YoY Net Stage 3 Ratio of 1.24% Total Capital Adequacy Ratio of 18.24%, Return on Equity 21.25% Nations Trust Bank PLC reported strong results for the six months ending 30th June 2025, achieving a Profit After Tax (PAT) of LKR 9Bn,…
Applied Graphite Technologies Corporation (“AGT”) (TSXV: AGT) announced that it has completed the final tranche of a non-brokered private placement offering (the “Offering”) to advance its Queens Mine Complex vein graphite project in Sri Lanka, raising gross proceeds of approximately Cdn$669,000. In total, AGT issued 11,150,001 common shares at a price of Cdn$0.06 per share….
🔸 Largest land transaction in Colombo – Rs. 4.5 Billion+ 🔸 Highest price per perch ever recorded – Rs. 29 Million 🔸 40-Storey Twin Towers – Pentara Residencies 🔸 BOI-approved project funded by HNB 🔸 Largest single residential high-rise investment by a Sri Lankan developer In a landmark real estate transaction that has made history, Home Lands Group, Sri Lanka’s leading and most trusted…
FACETS 2026 Sri Lanka, the nation’s most prestigious gem and jewellery exhibition, proudly announces its 32nd edition with a dynamic new direction. FACETS 2026 will take place from 3rd to 5th January 2026 at The Forum, Cinnamon Life – City of Dreams, heralding an exciting transformation for the globally renowned event. This year, FACETS moves…
First Capital Holdings PLC (the Group), a subsidiary of JXG (Janashakthi Group) and a pioneering full-service investment institution, announced its financial results for the first quarter ended 30 June 2025, reporting a Profit after Tax (PAT) of Rs. 2.15Bn, a substantial increase from Rs. 582Mn recorded in the corresponding period of the previous year. This…
Ministry of Digital Economy, ICTA, and SLT-MOBITEL pioneer national initiative Sri Lanka pioneers a new era with the launch of the inaugural National AI Expo & Conference, scheduled for September 29-30, 2025, setting the stage for a transformative shift in the nation’s digital evolution. The trailblazing initiative is the country’s most ambitious undertaking to position…
President Meets Heads of Vietnam’s ROX Group President Anura Kumara Dissanayake met with senior representatives of Vietnam’s ROX Group at the Presidential Secretariat yesterday (12). The delegation was led by Mr. Tran Anh Tuan, Chairman of the Advisory Board of ROX Group and Chairman of the Maritime Commercial Joint Stock Bank (MSB). The ROX Group…
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