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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 days

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 Lank

Dubai-based S.S. Lootah International, through its subsidiary company, Creative Choice has entered into a partnership deal with Sri Lanka-based CIC Agri Businesses, to jointly address the agri market requirements in the UAE and explore the opportunit

The British High Commission (BHC) today launched a new fast track visa pilot scheme for selected Sri Lanka companies doing regular business with the United Kingdom

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Wijeya Newspapers broke new ground in Sri Lanka yesterday as they launched the first ever Breaking News Application (Apps). Wijeya Newspapers, Sri Lanka’s largest newspaper circulation group launched News Apps for two of their top publications

A high level trade mission from the UAE, headed by Sheikha Lubna Bint Khalid Al Qasimi, Minister-Foreign Trade in the UAE arrived in Sri Lanka yesterday. A business forum and one-to-one meetings between the government as well as private sector compan

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MUMBAI: The board of Kingfisher Airlines (KFA) will today consider a proposal to cut debt by more than half by selling property, converting loans from its parent company into equity, and changing the terms under which it leases aircraft

Sri Lanka's tourist arrivals in the first 10 months of the year has surpassed 2010's record as visitors to the island nation has continued to rise every month on a year-on-year basis since a 25-year civil war ended in May 2009

Virtusa Corporation, a company founded by a Sri Lankan, has been named in Forbes’ list of the “100 Best Small Public Companies in America”

Hutchannounced the launch of their innovative value added service ‘TransferTo’ which will enable those living and working overseas to send instant credit to Hutch users residing in Sri Lanka simply via SMS.

Former Goldman Sachs director, Rajat Gupta, who also was once the global head of elite consultancy McKinsey & Co, will surrender to the FBI to face criminal insider trading-related charges, a person familiar with the investigation said

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Avirate, a brand which prides itself on being 100% Sri Lankan, expanded its local presence with the opening of its 3rd store at Kandy City Centre on the 15th of October 2011.

Hutch has introduced another exciting new Value Added Service (VAS) for their loyal customers, bringing live updates on the Rugby World Cup currently underwayin New Zealand.  Scores and updates can easily be accessed by simply dialling 555 from

Sri Lanka's national career, SriLankan Airlines has dramatically reduced its net loss to Rs.202 million in 2010/11 compared with to Rs.6 billion incurred during the 2009/10, the airline said

The Board of Investment of Sri Lanka (BoI) today signed a US$ 500 million agreement with Colombo International Container Terminals Limited to develop and operate the Colombo South Container Terminal

Fitch Ratings Lanka has confirmed National Savings Bank's (NSB) National Long-Term rating at 'AAA(lka)' with a stable outlook

Since its debut in 1973 and 15 million vehicles produced over the years the Volkswagen Passant has evolved along with time and now into its seventh generation launched in Sri Lanka recently

Yahoo Inc Chairman Roy Bostock fired CEO Carol Bartz over the phone, ending a tumultuous tenure marked by stagnation and a rift with Chinese partner Alibaba

Sri Lanka's tourist arrivals jumped 29.6 percent in August from a year earlier with visitors expect to hit a record high, as the island nation kept attracting more visitors and tourism-related investment since the end of a 25-year civil war

Colombo has been able to move out from the list of ’worst livable cities’, the bi-annual ranking by the Economist Intelligence Unit of the Economist magazine showed

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Fitch Ratings Lanka has affirmed HSBC Sri Lanka's (HSBCSL) National Long-Term rating at 'AAA(lka)'. The Outlook is Stable

Sri Lanka is to seek more investments and grants for development projects from South Korea, said the External Affairs Ministry yesterday

Apple's legendary co-founder and top ideas man Steve Jobs resigned as chief executive the company said, in a long expected move after he began a dramatic fight with cancer

 Sri Lanka’s state owned People’s Bank has increased its post tax profit by 53.5 percent to Rs.4.1 billion for the half year ended June 30, 2011, compared with the corresponding period of the previous year