Daily News Online

Wednesday, 18 July 2012


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SLT to invest Rs. 25 b in network revamping

Sri Lanka Telecom, (SLT) would invest Rs. 25 billion this year towards the expansion of both SLT and Mobitel and to add infrastructure to their networks. CEO, SLT, Greg Young speaking to ‘Daily News Business’, said that they would invest Rs. 17.5 billion for SLT,

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NDBIB adjudged ‘Best Investment Bank in SL’

NDB Investment Bank Limited (NDBIB) was adjudged the ‘Best Investment Bank in Sri Lanka’ recently at the Awards for Excellence 2012 by Euromoney, the world’s premier financial markets magazine.

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LOLC Group consolidates its control in Brown & Company

The execution of a Share Sale & Purchase Agreement to acquire the balance50% holding in Diriya Investments (Pvt) Limited, the ultimate holding company of Brown & Company PLC, from Ajith Devasurendra for a consideration of Rs 1.32 billion,

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Rent a Car business in upward trend

Rent a Car business is a growing industry in the country which has provided over 3,500 employment opportunities to people directly and indirectly. However, a lot of crimes related to rent a car services have been reported due to the lack of awareness with regard to genuine companies,

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KVPL Managing Director Kavi Seneviratne and TTEL CEO Tissa Gunatilleke receive their companies’ awards from President Mahinda Rajapaksa.

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