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SRI LANKAN MARKET
Zydus, Sunshine to set up $20 million pharma JV in Sri LankaIndian pharmaceutical giant Zydus Lifesciences has partnered with Sri Lanka's Sunshine Healthcare Lanka to establish a new manufacturing fa...- Indians among tourists from 40 nations eligible for free on-arrival visas in Sri LankaSri Lanka is offering free 30-day visas on arrival for tourists from 40 nations. Indian travelers are among those who will benefit from thi...
- Ceat targets 20% margins, $1 billion revenue from Camso acquisitionCeat Tyres is set to achieve significant growth through its Camso acquisition. The company aims for operating margins up to 20% and a $1 bi...
- Thalapathy Vijay's wife Sangeetha Sornalingam Net Worth: TVK chief's spouse owns 3 kg of gold, properties in UK & crores in FDsSangeetha Sornalingam's Net Worth: Sangeetha Sornalingam, wife of Tamil superstar and TVK chief Thalapathy Vijay, comes from a wealthy Sri ...
- India is making a big move to outflank China in Sri LankaIndia and China appear to be locked in an escalating energy rivalry in Sri Lanka. India plans a new energy hub at Trincomalee with the UAE,...
- SriLankan Air upbeat on India, will soon launch more flightsSriLankan Airlines aims to increase its revenue from the Indian market to 25% by the end of the next financial year, up from the current 20...
- Sri Lanka seeks Indian FDI as it restructures state corporate sectorADB forecasts Sri Lanka's economic growth to dip to 2.4% in 2022 and improve marginally to 2.5% in 2023. The forecast indicates a better pr...
- Indian Automakers in Sri Lanka wait and watch as crisis worsensTop executives at Tata Motors, Bajaj Auto, TVS Motor and Mahindra Finance, which have operations in Sri Lanka, said it's a challenging envi...
- Sri Lankan economic crisis may provide opportunities for Indian tea exporters: ExpertsWith the growing economic crisis in the island country, tea factories are struggling to run their operations, said South India Tea Exporter...
- Mahindra Finance expands its global footprint, acquires 58.2% in Ideal FinanceMahindra Finance entered into a contractual agreement with Ideal Finance in 2019, agreeing to acquire 58% stake by March 2021, which was mu...
- Arrested crew of Sri Lankan fishing vessel handed over to Narcotics Control BureauA defence spokesman on Monday had described it as a major catch, not only in terms of the quantity and cost, but also from the perspective ...
- Blue Star announces entry into Sri Lanka marketThe company in a release said the country is investing in sectors like hospitality, education, research, medical and tourism which have hug...
- Vista Rooms to enter five new countries by 2016-endThe startup, which has forayed into the Sri Lankan market, is seeking to respond to interests from its customers in certain international d...
- SriLankan Airlines adds 3 flights on Chennai-Colombo routeSriLankan Airlines has increased the frequency on Chennai-Colombo route by adding three more flights connecting the two destinations.
- Ashok Leyland gets $17 mn order for supplying 630 buses in Sri LankaAshok Leyland has received an order worth USD 17 million (around Rs 104 crore) to supply 630 buses to Sri Lankan operators.
- Start-ups eye cross-border opportunitiesSri Lankans look at India market to scale up, while Indian start-ups explore niche opportunities in Lanka.
- Bharti Airtel in talks to sell its Sri Lankan operations to EtisalatBharti Airtel is in advanced discussions to sell off its Sri Lankan operations to Abu Dhabi’s Etisalat.
- Dastardly attack on the Sri Lankan cricket team shocks Indian boardIndian cricket board Tuesday expressed its shock over the dastardly attack on the Sri Lankan cricket team in Lahore.
- VSNL sells 10% in Lankan arm to Sunshine HoldingsThe Tata Group promoted VSNL, which was recently renamed Tata Communications, has sold a 10% equity stake in its Sri Lankan subsidiary, VSN...
- MTNL may win race for Lanka's SuntelState-owned Mahanagar Telephone Nigam Ltd (MTNL) is believed to have emerged as the highest bidder for Sri Lankan fixed line operator Sunte...
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