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  Below are the last 7 days news from Sri Lanka 250.

 
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Latest Company News Updates - By Country
Country (Industry/NewsDate) News Title

India
Mahindra and Mahindra
Automotives (November 1, 2007)
The company of India will develop an IT park in Katunayake as a joint venture with the Board of Investment (BoI) Sri Lanka.
Source: Sri Lanka Business

Sri Lanka
Adamjee Lukmanjee & Sons Limited
(November 1, 2007)
The company has been awarded the ISO 22000 Food Safety Standard Certification by SGS (Lanka) Ltd, an internationally accredited certification body.
Source: Daily News
Aeturnum Lanka (Private) Ltd
(November 1, 2007)
The company will invest over US$ one million next year for their future expansion programme in Sri Lanka.
Source: Daily News
Bank of Ceylon
Banking (October 20, 2007)
Fitch Ratings Lanka has affirmed the National Long-term rating and Individual Rating of Bank of Ceylon (BOC) at 'AA(lka)' and 'D/E' respectively.
Source: Lanka Business online
Brandix Textiles
Textiles/Apparel/Personal Goods (October 16, 2007)
The company had received the Fair Trade and Organic certifications from the Institute for Marketecology (IMO) of Switzerland
Central Bank of Shrilanka
Banking (October 15, 2007)
The Bank said that cheque returns were too high and warned customers that issuing cheques without funds was an offence.
Source: Lanka Business online
Ceylon Fertilizer Company
Chemicals (October 28, 2007)
The company to award a tender for shipments of urea to a Singapore based company by the name of Singha International Pte Ltd.
Source: Sunday Times
Citibank Sri Lanka
Banking (September 27, 2007)
The Bank's branch of Shri Lanka said its interest margins were boosted by dollar financing of the island's government.
Source: Lanka Business online
City hotel
Travel and Leisure (November 1, 2007)
The hotels have decided to charge a standard amount with effect from January 1 2008.
Source: Daily news
Dialog Telekom Limited
Telecom (October 12, 2007)
The company's Chief Marketing Officer was recently bestowed with the coveted `Global Brand Leadership Award` at the Asia Brand Congress 2007 held in India.
Source: Lanka Newspapers
Distilleries Company of Sri Lanka Ltd.
Food/Beverages (October 9, 2007)
The Company owned by tycoon Harry Jayawardene .
Source: Lanka Business online
Edna
Food/Beverages (October 2, 2007)
The company plans to increase its market share to 60 percent within the next two years with over a billion rupees being invested in new plants.
Source: Lanka Business online
Hatton National Bank Ltd.
Banking (October 28, 2007)
The Bank bagged an award at the MoneyGram International's Asia Pacific Agents' Conference held in China recently.
Source: Sunday Times online
Hemas Holdings Limited
Pharmaceuticals (November 1, 2007)
The company recorded a Turnover of Rs. 3.57 Billion for the quarter ended September 2007 reflecting a year on year growth of 12 per cent.
Source: Daily News
Loadstar
solid tire maker (October 9, 2007)
The company , is making new capital investments and overhauling its management and processes to keep its global leadership.
Source: Lanka Business online
Peoples' Bank (PB)
Banking (October 5, 2007)
The Bank is on track to get a credit upgrade if its capital is boosted to regulatory requirements.
Source: Lanka Business online
Property Development Ltd.
Real Estate (October 24, 2007)
The company has reported net profit for the third quarter ended September 30, 2007 rose 26 percent to 49 million rupees year-on-year.
Source: Lanka Business online
Pyramid Lanka
(September 27, 2007)
The company's dorector said local manufacturers are unable to make full use of their export quotas, so they demand removal of import tax.
Source: Lanka Business online
Sri Lanka Telecom Ltd.
Telecom (November 1, 2007)
The company reported a group after tax net profit of Rs. 4.3 billion during the first three quarters of 2007. This is a 12 per cent increase year-on-year basis.
Source: Daily News
Suntel Ltd.
Telecom (October 23, 2007)
The company renewed its contract with Mutiform Chemicals (Pvt) Ltd recently .
Source: Lanka Newspapers

United Kinkdom
Marks & Spencer
(November 1, 2007)
The company of UK on a brief visit to the Country had extensive talks with representatives of Global Park and RJV International to finalise the next phase of their logistics operations in Sri Lanka.
Source: Sri Lanka Business
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