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Thursday, 17 September 2009

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Potential from transaction ‘considerable’:

London Stock Exchange to acquire MillenniumIT

The London Stock Exchange Group plc (LSE) has agreed to acquire MillenniumIT, a Sri Lankan-based technology services company serving the capital markets industry.

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Janashakthi partners Hannover Re and Planet Guarantee

Janashakthi Insurance entered into a partnership with Hannover Re and Planet Guarantee to introduce a range of micro insurance products in Sri Lanka. The tie up will make available a range of insurance covers to the potential customers.

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Bigger demand for lands, buildings in Jaffna

There is an increasing demand for commercial lands and buildings in Jaffna and there is hardly any land or buildings available in the Municipality areas for rent or sale, Chairman, Chamber of Commerce Jaffna M. Purnachandra told Daily News Business.

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Hannover Re Worldwide Micro Insurance General Manager Claude Vercasson exchanging the partnership agreement with Janashakthi Insurance Managing Director Prakash Schaffter. Planet Guarantee Board of Management President Philippe Rives looks on. Picture by Sumanachandra Ariyawansa



 
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