Business News

Virtusa Acquires ITMAGINATION Expands European Presence

Businesscafe - Virtusa Corporation, a global provider of digital strategy, digital engineering, and information technology (IT) services, recently announced the acquisition of ITMAGINATION Sp. z o.o., a premier technology consultancy headquartered in Warsaw, Poland.

CIC Holdings delivers robust FY24 results records Rs. 76.4 b top line with 12 growth

Businesscafe - Agriculture-rich diversified conglomerate CIC Holdings PLC (CSE: CIC) reported robust revenue growth amidst moderately stable macroeconomic conditions, reporting notable top - line growth during the year ended 31st March 2024.

Port City Colombo Marks World Environment Day 2024 Highlighting the Commitment to Sustainable Development

Businesscafe - Marking World Environment Day 2024, Port City Colombo reaffirms its unwavering commitment to sustainable development and environmental stewardship, as part of #GenerationRestoration.

Cement Industry Media Announcement

Tuesday, 04 June 2024 12:38

Cement price reduced

Businesscafe - Cement prices have been reduced further, effective from 1st June 2024.

Hayleys Fentons Launches Roots of Resilience Programme to Restore Bolgoda Rivers Mangroves

Businesscafe - Hayleys Fentons Limited celebrated the inauguration of the "Roots of Resilience" biodiversity conservation programme.

EDOTCO Sri Lanka s Gayan Koralage Recognised as Top 100 Global Digital Infrastructure Leader

Businesscafe - Gayan Koralage, Country Managing Director of EDOTCO Sri Lanka, has been named by Capacity Media, a leading London-based telecommunications industry platform, as one of the 100 most influential leaders driving global digital infrastructure.

 Union Assurance and oDoc Enters Partnership to Enhance Healthcare Access

Businesscafe - Leading Life Insurer, Union Assurance, announces partnership with oDoc, a premier telemedicine company in Sri Lanka.

 First Capital Holdings Reports Robust Financial Performance for FY 2023 2024

Businesscafe - First Capital Holdings PLC (the Group), a leading investment institution, and a member of the Janashakthi Group, announces an outstanding financial performance for the fiscal year ended 31 March 2024, recording a Total Comprehensive Income of Rs. 10.1Bn, a significant increase from Rs. 2.7Bn in the previous year.

High Level Thai Delegation Explores Renewable Energy Collaboration with Hayleys

Businesscafe - During the course of their visit to Sri Lanka, a high-level Thai delegation led by H.E. Ms. Busadee Santipitaks, Deputy Permanent Secretary for Foreign Affairs of the Kingdom of Thailand, together with H.E. Mr. Paitoon Mahapannaporn, the Ambassador of the Kingdom of Thailand to Sri Lanka, visited Hayleys Fabric PLC in conjunction with Hayleys Solar, the renewable energy arm of Hayleys Fentons, to explore renewable energy solutions incorporated into the operations of the factory.

Samsung Electronics Named No.1 in Global OLED Monitor Market

Businesscafe - Samsung Electronics, a global leader in the display industry, has secured the top position in global sales of OLED monitors just one year after launching its first OLED model — the 34″ Odyssey OLED G8 (G85SB model), a gaming monitor.