DCSL Group posts Rs. 4,175mn profit
The Distilleries Group’s consolidated turnover
has grown by 21% to record Rs.56 billion from Rs. 47 billion in the
previous year, group CEO, Ranil de Silva said in their annual
financial year review.
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Local banks, USAID - new owners of Vanik
A consortium of local banks, financial
institutions and USAID are now the new owners of the debt ridden
merchant bank-Vanik Incorporation Ltd following the unanimous
approval of the restructuring proposals presented by the bank to
shareholders at the Extra Ordinary General meeting at BMICH last
week.
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Aitken Spence upbeat on Gulf, Indian Hotels
Adds Oman desert hotel to portfolio at $ 400 a
room night:
Diversified and leisure - rich blue chip
conglomerate Aitken Spence is upbeat about the 15 hotels it
currently manages in the Gulf and in India and is confident that
they will impact the bottomline for the current year.
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