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Tuesday, 28 May 2013

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Nepal’s Chaudhary Group to invest over Rs four bn in Lanka

Chaudhary Group of Nepal with overseas investments in several countries would invest over Rs four billion in Sri Lanka in diversified sectors. Binod K. Chaudhary, Chairman of the group said that they made their presence 17 years ago by tying up with Taj Group of Hotels and recently acquiring a stake in two hotels, Jet Wing Vil Uyana and Jetwing Sea.

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Serendib Engineering Group posts Rs 46.4 mn PAT in FY 2012/13

Serendib Engineering Group PLC formally known as Infrastructure Developers PLC reported an impressive turn of events in their draft financial for FYE March 31, 2013 released on the CSE recently. In the first full year of operation since the company was acquired and restructured by Navara Capital Ltd the company reported a Consolidated NPAT of Rs.46.4 million from a turnover of Rs. 339 million.

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Brandix i3 receives ISO 9001: 2008 certification

Brandix i3, the Brandix Group’s IT Consultancy and Services Company, has been certified compliant with ISO 9001:2008, just one year after the company commenced operations. The certification by International Certification Services Pvt Ltd (ICS) of Mumbai covers the provision of consulting services in the fields of Infor ERP (Enterprise Resource Planning) and HCM (Human Capital Management), Business Process Excellence, Software Development and related Customer Support.

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One mn Indian tourists foreseen from India

Indian Association of Tour Operators' President Subhash Goyal said Indian tourists arrivals to Sri Lanka will exceed one million within next ten years as more Indians have started spending their holiday in Sri Lanka with the end of terrorism. "Indians visiting Sri Lanka prefer to travel to Sri Lanka again and again", he said.

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NDB recently conducted an entrepreneurship training programme for students of the Textile Training Institute in Moratuwa. A few students demonstrating their skills with the weaving machine.



 
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