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Jubilant Foodworks , which runs the Dominos Pizza chain in the country, plans to open two more stores in Sri Lanka over the next two months, its chief executive Ajay Kaul said in anearnings conference call yesterdayRead more... Add new comment
BusinessIndia's Jubilant Foodworks plans 2 more stores in SL
Jubilant Foodworks , which runs the Dominos Pizza chain in the country, plans to open two more stores in Sri Lanka over the next two months, its chief executive Ajay Kaul said in anearnings conference call yesterdayBourse plunges
(1)(1)(1)(1).jpg) The Colombo Stock exchange experienced yet another heavy dip today where benchmark indices witnessed a considerable downfall. Furthermore the market capitalization of CSE fell below Rs.2tn markSri Lanka ups policy rates
 The Monetary Board of Sri Lanka has finally decided to increase the policy rates by 50 basis points owing to increased private sector credit growth that is resulting in a widening trade deficit
January inflation slows to 3.8%
 Sri Lanka’s January inflation slowed to 3.8 percent from a year and from 4.9 percent recorded in December 2011, the data released by the Census and Statistics Department saidAitken Spence books Rs.630mn capital gain via terminal stake sale
.jpg) Aitken Spence PLC informed the Colombo Stock Exchange today the firm would realise a capital gain of approximately Rs.630 million on the sale of its shareholding in Colombo International Container Terminal (CICT) to China Merchant (International) Company Limited (CMHI)Market rebounds
(1)(1)(1).jpg) The Colombo equity market rebounded today to the positive territory however on a lackluster note. ASI closed at 5,556.29, up 20.2 points (+0.36%) while sensitive MPI settled at 4,736.93, up 26.03 (+0.55%). Market turnover stood at Rs.628.8mnSAVOUR THE PREMIUM ‘BLUE-OCEAN’ RESIDENCIES…
Bourse starts new week weak
 The Colombo Stock Exchange started the new week on negative dynamics where benchmark indices fell sharply throughout the day. Furthermore all the sectors except for oil palm sector depicted considerable lossesNestlé invests in Rs.1.1bn noodle factory
 Nestlé Sri Lanka, the local subsidiary of the world’s leading nutrition, health and wellness company, opened its new noodle plant at its state-of-the-art manufacturing facility in Kurunegala a while ago, marking the second phase of its investment commitment of Rs.10 billion in Sri LankaNet foreign buying first time in 2012
(1)(1).jpg) Although Colombo bourse continued to be weighted down by notable selling pressure during the trading today, foreigners emerged as net buyers for the first time in the New YearIndices record losses
(1).jpg) Colombo stocks ended in red zone today with notable losses in both benchmark indices. ASI dropped by 62.90 points (-1.04%) to close at 5,972.75 while sensitive MPI dropped by 53.99 points (-1.03%) to close at 5,120.89Bourse back in red
.jpg) The Colombo stock market ended lower for the second consecutive day for the week due to rising uncertainties
ComBank deal pushes bourse up
 The Colombo bourse started the last trading week of 2011 on a positive note with both indices recording notable gains for the third consecutive day.
HUTCH AWARDS CRICKET & RUGBY FANS
 With the celebrated Rugby World Cup just coming to an end and cricket still being a hot topic due to on-going matches, Hutch organised a competition that was close to their customer’s hearts. The sports-themed SMS competition, which saw island wide participation, resulted in two customers emerging as the lucky winners at the end of the programme.
Indices up, revenue dips
.jpg) The Colombo bourse recovered sharply today to the positive zone with notable turnaround in the indices however with thin volumeBourse ends in red
.jpg) Colombo stocks ended lower today with both indices recording further losses. Benchmark ASI closed at 5,851.94, lost 9.02 index points (-0.15%) and sensitive MPI closed at 5,088.25, a drop of 17.16 index points (-0.33%). Market turnover stood at the year to date low of Rs.382.1mnAVIVA NDB RECORDS LKR 9.9 BILLION CONSOLIDATED REVENUE AS AT Q3
World's cheapest tablet Aakash goes on sale
 NEW DELHI: Datawind, the maker of the world's cheapest tablet has put up for sale about 30,000 tablets online at a price of Rs 2500 each, with a delivery period of seven daysDialog dials Suntel
 Sri Lanka’s Dialog Axiata’s subsidiary, Dialog Broadband Private Limited (DBN) yesterday entered into a share purchase agreement (SPA) to purchase 100 per cent of Suntel Limited, the second largest wireless fixed line operator in Sri Lanka, from its current shareholdersDialog redials Suntel
 Sri Lanka’s celco leader Dialog Axiata is believed to have finalized a deal to buy over 100 percent of fixed line-CDMA operator Suntel Private Limited; an informed source reveled to Mirror BusinessBourse ends positive
 Colombo Bourse ended on positive territory today with ASI and MPI gaining 39.34 points (+0.8%) and 29.66 points (+0.5%) to close at 5,994.66 and 5,267.74 respectively. The market turnover was LKR 461.7mnPage 1 of 23 |
Blue Ocean Residencies is a subsidiary of Blue Ocean Holdings – a Group of companies marking international presence with diversified interests in the fields of Education, Construction, Corporate Consultancy, Trading, Electrical and Engineering Consultancy.
December 15, 2011 Colombo: Financial results of AVIVA NDB insurance demonstrated a positive growth gathering momentum in the first 9 months of 2011 ending on 30 September. Consolidated revenue amounted to LKR 9,912 million while Gross Written Premium income of the composite business stood at LKR 8,268 million. The latter showed a satisfactory growth of 15% over the corresponding period in the previous year. .gif)
