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gautam adani, Sri Lanka
Tycoon Adani pulls request for U.S. loan to finance strategic Sri Lanka port
The withdrawal marks another low point in U.S.-India ties after the billionaire’s indictment on charges related to fraud, and a blow to Washington’s bid to counter China’s regional clout.
Adani drops US financing for strategic Sri Lanka port
Gautam Adani’s conglomerate has said it will no longer tap $500mn in US development financing for a Sri Lankan port project after the group’s billionaire chair was accused of orchestrating a multimillion-dollar bribery scheme.
Adani Pulls Out of $553 Million US Loan Deal for Colombo Port
An entity majority-owned by embattled billionaire Gautam Adani, who was indicted in US courts last month, has pulled back from a loan pact valued at $553 million from the US International Development Finance Corporation,
EconomyNext
2h
Sri Lanka’s All Share Price Index hits 14,000 mark
ECONOMYNEXT – The Colombo Stock Change All Share Price Index (ASPI) hit a record high today breaching the 14,000 mark. The ...
UCA News
1h
Sri Lankan Church clarifies pastor’s ordination as bishop
Jerome Fernando ‘has no official apostolic succession in the Catholic Church, not a Catholic bishop,’ says bishops' body ...
Island
7h
KOICA Pledges 65 million Dollars to Climate Change Mitigation in Sri Lanka
Korea International Cooperation Agency (KOICA) and the Government of Sri Lanka jointly endorsed the KOICA’s Climate Change ...
EconomyNext
3h
Inadequate packaging major cause of Sri Lanka post-harvest losses: EDB
Inadequate packaging is a major cause of significant post-harvest losses in Sri Lanka, the Export Development Board has said.
1d
Sri Lanka Welcomes US Sanctions On Former Ruling Clan
Sri Lanka's new government Tuesday welcomed US sanctions against two senior figures from the former ruling Rajapaksa family over two notorious graft cases involving aircraft purchases.
3d
Sri Lanka is 205-5 in a chase of 348 against South Africa in 2nd test
South Africa has Sri Lanka on the rack at 205-5 in a chase of 348 on the fourth day of the second test in Gqeberha.
2d
South Africa overpower Sri Lanka to sweep series
Spinner Keshav Maharaj took five wickets as South Africa secured a 109-run victory over Sri Lanka on the last day of the ...
8d
Inside the Ritzy New Hotel Openings in Sri Lanka
Glitzy new hotel openings from Relais & Châteaux and more are turning Sri Lanka into a luxury travel hot spot it probably ...
5d
Nissanka leads strong Sri Lanka reply after Verreynne century boosts South Africa
Opener Pathum Nissanka has led Sri Lanka to 242-3 in reply to South Africa’s bonus 358 on day two of the second test at ...
2d
on MSN
Cricket-South Africa overpower Sri Lanka to sweep series
Spinner Keshav Maharaj took five wickets as South Africa secured a 109-run victory over Sri Lanka on the last day of the ...
EconomyNext
5h
Sri Lanka to pay Rs11bn to Aswesuma beneficiaries on Dec 13
Sri Lanka's Welfare Benefits Board will credit monies to Aswesuma beneficiaries' bank accounts on Thursday, and the ...
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