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Latest Company News Updates - By Industry |
| Company (NewsDate) |
News Title |
Automotives |
Mahindra and Mahindra
India
(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
|
Banking |
Bank of Ceylon
Sri Lanka
(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
|
Central Bank of Shrilanka
Sri Lanka
(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
|
Citibank Sri Lanka
Sri Lanka
(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
|
Hatton National Bank Ltd.
Sri Lanka
(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
|
Peoples' Bank (PB)
Sri Lanka
(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
|
Chemicals |
Ceylon Fertilizer Company
Sri Lanka
(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
|
Food/Beverages |
Distilleries Company of Sri Lanka Ltd.
Sri Lanka
(October 9, 2007)
|
The Company owned by tycoon Harry Jayawardene .
Source: Lanka Business online
|
Edna
Sri Lanka
(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
|
Pharmaceuticals |
Hemas Holdings Limited
Sri Lanka
(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
|
Real Estate |
Property Development Ltd.
Sri Lanka
(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
|
solid tire maker |
Loadstar
Sri Lanka
(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
|
Telecom |
Dialog Telekom Limited
Sri Lanka
(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
|
Sri Lanka Telecom Ltd.
Sri Lanka
(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.
Sri Lanka
(October 23, 2007)
|
The company renewed its contract with Mutiform Chemicals (Pvt) Ltd recently .
Source: Lanka Newspapers
|
Textiles/Apparel/Personal Goods |
Brandix Textiles
Sri Lanka
(October 16, 2007)
|
The company had received the Fair Trade and Organic certifications from the Institute for Marketecology (IMO) of Switzerland
|
Travel and Leisure |
City hotel
Sri Lanka
(November 1, 2007)
|
The hotels have decided to charge a standard amount with effect from January 1 2008.
Source: Daily news
|
