Linde offers to acquire major stake in Ceylon Oxygen

Linde AG on Saturday announced an offer to acquire all the shares in privately-held Ceylon Oxygen Limited in Sri Lanka, and the acceptance of the offer by the major shareholder, Europium Limited

Tata Motors plans small car to take on Alto

MUMBAI: Tata Motors is planning to launch a new car that will be positioned between the Nano and the Indica.

Conducive biz climate vital to double per capita income

By Azhar Razak
The Sri Lankan government should lay out a very conducive business environment to attract greater private sector investment, if the island is to achieve its ambitious medium term per capita income target

Loss of GSP+ shrinks SAGTs domestic volumes

The recent decline in domestic container throughput volumes at private-run port-terminal, South Asia Gateway Terminals (SAGT) may have been partly due to the recent loss of GSP+ concessions

Leopard Sri Lanka Fund to close in Jan 2011

By Azhar Razak
Leopard Capital Sri Lanka, which postponed its self-imposed deadline of launching two funds in Sri Lanka earlier in the year, after failing to raise the required funding, is now targeting to launch one of its funds by early 2011.