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Monday, 17 June 2013

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Krrish Transworks invests US$ 650 mn in Fort project

The Krrish Group would invest US$ 650 million to build three towers and redevelop the adjoining Transworks building in Fort. The construction would start in August and be completed in 30 months.

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Worldwide Travel Insurance launched

Dialog Axiata PLC and Janashakthi recently entered into a strategic collaboration to introduce their joint product, “Worldwide Travel Insurance,” providing global travel coverage for just Rs175 a day. Dialog’s subscriber base amounting over 7.8 million will now have the opportunity of purchasing this unique product ‘Worldwide Travel Insurance’ of USD 50,000 Hospitalisation and USD 25,000 Accidental Death and Total Permanent Disability covers through their Dialog mobile phones.

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UTE unveils US$ 2 million training facility in Wattala

United Tractor and Equipment (UTE) recently unveiled a state-of-the-art training facility in Wattala with an investment of over US$ two million. UTE has also upgraded its Caterpillar service workshop into a star level facility. The training facility is affiliated to the internationally renowned Caterpillar ABC training programme and to the National Apprenticeship and Industrial Training Authority (NAITA).

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President opens People’s Bank Medawachchiya branch

People’s Bank together with People’s Leasing and Finance PLC built the new Bus Stand in Medawachchiya and the new building of the Medawachchiya People’s Bank branch.

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Gamini Senarath, Chairman of People’s Bank and People’s Leasing and Finance PLC,
accepting the first deposit at the Medawachchiya Branch from President Mahinda Rajapaksa
after the opening. Picture by Sudath Malaweera

The proposed Krrish Transworks property in Fort



 
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