Supermarket chain Tesco is believed to be looking into selling its banking arm, Tesco Bank, which could raise anything between £500m to £1bn.
Ford Motor Company has teamed up with the director of ‘The Fast and the Furious’ chain Rob Cohen to create a pan-European film for the all-new Mondeo.
Samsung has issued a court filing regarding its collaboration with Microsoft on Windows Phone and states that it refuses to fulfill its end of the deal as it now sees the software giant as a direct competitor.
The BBC has been likened to Google, Starbucks and Amazon by the chairman of the Commons public accounts committee, Margaret Hodge, for using a multimillion-pound tax break scheme to increase its income.
The Mobitel Enterprise SMS Solution - Pilot Project kicked-off recently at the Ceylon Petroleum Storage Terminals Limited.
New Zealand Minister for Primary Industries, Nathan Guy is leading a business delegation to Colombo this week to further strengthen trade ties between Sri Lanka and New Zealand in the lead-up to the ICC Cricket World Cup 2015.
Becomes first Sri Lankan to be recognized for technology commercialization by GRC Wickham Awards.
Holcim Lanka, the leading cement manufacturer in the country, has entered into a strategic agreement with the global non-profit organization, Room to Read, to provide technical expertise on construction along with cement at a discounted rate for its library and school construction projects around the country.
In a major milestone signifying the beginning of a new era, national carrier SriLankan Airlines’ new Airbus A330-300 touched down at the Bandaranaike International Airport in Katunayake, to a ceremonial welcome at an event attended by the Minister of Civil Aviation, Deputy Minister of Civil Aviation, Secretary to the Ministry of Civil Aviation, Chairman of SriLankan Airlines, Aviation officials, Corporates, Diplomats, members of the clergy and eager employees.
Sri Lanka’s iconic beverage brand Elephant House Ginger Beer, lovingly referred to as EGB, entered into a partnership with Kaema Sutra - the unique contemporary Sri Lankan restaurant launched by celebrated chef and restaurateur Dharshan Munidasa and Bollywood star and former Miss Sri Lanka, Jacqueline Fernandez in partnership with entrepreneurs Raju Chandiram and Shalin Balasuriya.
