|
Financial Times |
|
| Harry
J does it again |
 |
| By Duruthu Edirimuni |
| Corporate raider Harry
Jayawardena once again proved that no government, president,
regulator or individual stands in his way when he took
over Apollo Hospitals last Thursday making another victim
bite the dust. |
| |
| Rapido
online lotteries wind up on huge losses |
| By Chaturi Dissanayake |
| Online Lotteries Pvt Ltd, a wholly
owned subsidiary of the National Lotteries Board (NDB),
has made a thumping loss of 556 million rupees since its
incorporation two and half years ago and last week decided
to wind up the operation. NDB said it had taken steps
to terminate all operations of the online lotteries Daily
Rapido and Quick Rapido as a result of the heavy losses.
|
| |
| Goldquest-controlled
Ferntea sued for payments |
| Ferntea, the Colombo-based tea firm
whose founder was ousted by a group backed by the controversial
GoldQuest group, is now facing an insolvency suit and
a winding up application. |
| |
| Dialog
to launch fixed phones end 2006 |
| Dialog Telekom is preparing to launch
fixed lines by the end of the year under Dialog Broadband
Networks (Pvt) Ltd and is putting the ‘team’
in place. |
| |
| Seen
and heard |
| * Opening press conference of the Commonwealth
Finance Ministers’ Meeting starts on a sporty note
with the Secretary General (SG) expressing concerns about
the Lankan cricket team. “As we know, Sri Lanka’s
long term decision-making of taking younger and new players
into your national cricket team’s first eleven is
leaving the rest of us shaking at the crease,” the
Australian national said, drawing laughter. |
| |
| MORE
FINANCIAL NEWS |
