Supported by coalition of Opposition parties Maithripala Sirisena is leading with 52 percent of the vote.
Rajiv Bajaj, managing director of Bajaj Auto believes that the company should not have communicated Discover as a 100cc brand. It was always positioned as a 125cc motorcycle.
It will build in Colombo a new National System Control Centre, equipped with supervisory control, data acquisition, and energy management system.
The only reason SAARC exists is to give the members an appearance of amity; the only reason it cannot be shut down completely is because it gives China an opening to create its own South Asian Forum by excluding India.
Both Obama and Modi transcended their personal biases to look at the future rather than the past. Consider how much both leaders have learnt to forgive or forget in order to put their national interests above themselves.
Given this mindless hostility of all Tamil parties to anything Sri Lankan, it is a laughable claim that they could have gotten any concession on the fishermen‘s conviction with Rajapakse.
Vinod Dasari, MD, Ashok Leyland said that the company might see double-digit margins in Q4 if volumes come back.
Rohit's 264 off 173 balls included 33 fours and 9 sixes, which calculates to 186 runs in boundaries. Incidentally, it's also a world record for most fours in a single innings.
Despite alleged differences between various fundamentalist groups like ISIS, al-Qaeda or Boko Haram in Nigeria, they are all united on one issue: that the world must be ruled by Islam. Which brand of Islam must prevail will be settled later â€“ equally murderously.
India's new accords with one of China's rivals for influence in the South China Sea came as Xi visited the nearby islands of Sri Lanka and the Maldives, a reminder of the geostrategic jostling that is becoming an increasing feature in Asia.
Chinese President Xi Jinping will make his first visit to India as head of state on a regional visit starting this week which will also take in Sri Lanka, the Maldives and Tajikistan, the foreign ministry said on Tuesday.
Contract Agreement between NTPC and Trincomalee Power Company was signed at Colombo on March 13, 2014 in Sri Lanka, NTPC said in a statement. India and Sri Lanka have signed pacts for a 500 MW thermal power project to be jointly developed by NTPC with Ceylon Electricity Board in Sri Lanka.
However, it said, "Markets including India, Indonesia and Sri Lanka are currently less exposed as voice and text pricing is relatively low and smartphones have yet to reach significant penetration."
The world's largest air-cooler maker Symphony is eyeing to garner as much as 50 percent of its revenue from exports over the next five years as it looks at entering new overseas market, a top executive has said.
In the first edition of RFC in India, both international and local teams are expected to participate. Cougar Motorsports says that nearly 50 teams have registered for the event.
The Colombo market`s All-Share Index has tacked on around 4 percent so far in January after gaining nearly 5 percent in 2013, even as many of its regional counterparts have lost ground.
Virat kohli is nothing like the universally loved, happy-go-lucky, pudgy-around-the-edges cricket superstars he grew up idolising. He is, perhaps, their antithesis.
Airtel is looking to move out of smaller unprofitable markets and intends to use the sale proceeds to reduce its debt, sources said.
Cairn bid for a block in Mannar basin while OVL, the overseas arm of state-owned Oil and Natural Gas Corp (ONGC), totally skipped the round. Little known Singapore-based Bonavista Energy Corp bid for two blocks in the Cauvery basin located offshore Jaffna in the North.
As per the current rules in Sri Lanka, any auto company wanting to setup a manufacturing facility there, nearly 60 percent of whatever they produce has to be exported out of Sri Lanka which is an effort by the government to position Sri Lanka as an export hub. However, this defeats the very purpose why Maruti Suzuki wants to go to Sri Lanka.
Delta Corp's hotel in Daman, which is India's largest integrated casino resort is expected to become operational in early 2014. The 187-room property will open up new markets for Delta Corp since it is near Mumbai and within convenient distance from the key cities in Gujarat.
"We hope that at least after CHOGM, the government would work towards improving relations. We see a marked breakdown in diplomacy and foreign policy in dealing with India," he said.
India has signed free trade pact with about 20 countries including Japan, Korea, ASEAN nations, Sri Lanka and Nepal, while it is negotiating market opening pacts with Australia, Canada, New Zealand and the European Union.
India had conveyed its serious concern about the scheme to the British government both at the ministerial and official levels.
The project, with a capacity to transmit 500 MW of electricity, is to be jointly implemented with the Ceylon Electricity Board at an estimated cost of Rs 2,500-3,000 crore and was scheduled to be completed this year.