Mahindra & Mahindra to develop US$ 100m IT park
Mega investment to yield 60,000 jobs:
India's leading heavy tractor manufacturer and
Indian Infrastructure development giant Mahindra & Mahindra will set
up an IT Park at Katunayake. The company hopes to invest US$ 100
million for this project. When completed it would generate 60,000
new jobs.
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Nokia unveils new converged devices
Senior Vice President of Sales, Distribution
East of Nokia Colin Giles said more than four billion people are
expected to use mobile devices in 2010. Industry outlook for mobile
devices volumes in 2008 to grow by around 10 per cent. Nokia
unveiled new converged devices and internet services at the Showcase
Nokia 2008 which was held on Monday.
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Aitken Spence 9-month profit up by 16%
Aitken Spence released its third quarter
financial results to the Colombo Stock Exchange on Tuesday. The blue
chip reported a Rs 1.9b as profit before taxation and Rs 1.1b profit
attributable to the shareholders for the nine months ending December
31, 2007, a growth of 15.8 per cent and 20.7 per cent respectively,
compared to last year.
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