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DateLine Monday, 21 April 2008

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Business

SL Insurance splits up

Sri Lanka's one of the leading insurance companies, Sri Lanka Insurance is to be separated into two entities, namely, life and general. In view of the changes, two Chief Executive Officers will be designated for both units to manage them more efficiently, its sources said.

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Munchee, now premium Indian brand

Ceylon Biscuits Ltd, manufacturers and exporters of the Munchee range has made giant inroads into the India confectionary market with premium prices ahead of other premium brands there - Britannia, Parle, and Sun Feast.

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Indian Consortium buys stake in Eureka

An Indian based IT Company has bought over stake of the Sri Lanka's IT pioneering company Eureka Technology Partners. This would enable Eureka Technology to infuse more funds and the company hopes to go public in five years.

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MEET: Eureka CEO, Dilendra Wimalasekere, Prof. Munasinghe and Vice President, DELL USA, Anandan in Colombo after making the announcement. - Picture by Saliya Rupasinghe



 
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