“ With the shares of the Anand Mahindra led, Mumbai headquartered Mahindra & Mahindra Ltd surging more than 2% to hit an all-time high, thus steering the automaker to join the club of Rs 1 lakh crore market capitalisation on the Bombay Stock Exchange, Sri Lanka can only but benefit as M & M will soon be setting up their automotive assembly plant as a result of the joint venture entered into with Ideal Motors Ltd., a fully owned subsidiary of the Ideal Group, to assemble automotive vehicles in Sri Lanka”, said Founder Chairman of the Ideal Group, Nalin Welgama.

The automated teller machine (ATM) network of Commercial Bank of Ceylon dispensed Rs 6.179 billion on 10th and 11th April, establishing new records for the highest and second highest cash disbursements over a 24 hour period as the country’s leading private bank helped Sri Lankans prepare for the Sinhala and Tamil New Year.

ikman.lk, Sri Lanka’s largest marketplace, recently unveiled its newest offering of easy auto leasing options to help customers obtain the best auto leasing solution via its value-added service ‘ikman compare.’

Furthering its mission to serve as a partner in progress to all Sri Lankans, Hatton National Bank’s Islamic Banking arm, HNB Al-Najah entered into a memorandum of understanding (MOU) with Habitat for Humanity Sri Lanka (HFHSL) to launch the ‘Drops of Life Project’ for the year of 2018.

Huawei release dits audited financial results for 2017, reporting solid business growth.

The Commercial Bank of Ceylon has been honoured by Brand Finance Lanka for being among Sri Lanka’s 10 most valuable consumer brands for 15 years consecutively, at the announcement of the country’s Top 100 Brands for 2018 this week.

Hatton National Bank (HNB), which pioneered micro finance and rural banking and entrepreneurship, will once again host the annual ‘Gami Pubuduwa’ Avurudu Pola.

IFC, a member of the World Bank Group, is investing $15 million in Senkadagala Finance PLC to help the company expand access to finance for women entrepreneurs across Sri Lanka.

Expanding its commitment to fostering effective ESG (Environmental, Social and Governance) performance and communication among Sri Lankan listed companies, the Colombo Stock Exchange (CSE) today formalized an arrangement with the Global Reporting Initiative (GRI) to provide guidance to listed companies on ESG disclosures in Sri Lanka.

A hallmark of the Sinhala and Tamil New Year is the tradition of renewal, both spiritual and otherwise.

Head of HCM Cloud Applications (Asia Pacific) at Oracle Corporation, Yazad Dalal recently warned companies and business leaders that no matter how successful they are today, they may risk extinction if they fail to invest in their employees and won’t transform with changing times.