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Foodpanda fined Tk10 lakh for restricting Nando s, Peyala s business

Foodpanda hit with 10L fine for abuse of monopoly power

Foodpanda hit with 10L fine for abuse of monopoly power
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LOLC Group achieves first-ever historic profitability in Sri Lanka s corporate sector, recording a stunning Rs 57 Bn in PBT - Adaderana Biz English

LOLC Group achieves first-ever historic profitability in Sri Lanka’s corporate sector, recording a stunning Rs. 57 Bn in PBT May, 31, 2021 Sri Lanka’s most valuable and globally diversified financial conglomerate, the LOLC Group, posted a record-breaking performance for the financial year ending 31st March 2021, achieving unprecedented bottom line results of Rs. 57Bn in Profit Before Tax (PBT), and a Profit After Tax (PAT) of Rs. 53Bn - a first for any corporate in the country. By achieving profits on this massive scale in the history of Sri Lanka’s corporate world, the Group once again consolidated its position as the top most profitable diversified corporate in the country, three years in a row - establishing LOLC as one of the largest Micro and Small & Medium Enterprises (MSME) platforms in the world.

Defsys Solutions Pvt Ltd: A firm with an Atmanirbhar Bharat wish

Defsys Solutions Pvt Ltd, which has been named as the recipient of 1 million euros (Rs 8.62 crore) from Dassault Aviation of France in connection with the Rafale deal, is a company based in Hoskote, Karnataka, and was set up in January 2007. The company, owned by defence middleman Sushen Mohan Gupta, has a paid-up capital of Rs 6.95 crore and is “involved in research and experimental development on natural sciences and engineering”. “This class includes systematic creative work in the fields of research and development in natural sciences, medical sciences, agriculture and engineering and technology,” says Zauba Corp, a provider of commercial information and insights on businesses in India.

Leading local bank awarded global recognition

(from left) Hayleys Agriculture Sales Manager Sunil Gamini, Hayleys Agriculture General Manager Sumith Herath, Hayleys Agriculture Director Lushan Abesekara, Hayleys Agriculture Director Amjad Rajap and Hayleys Agriculture Managing Director Jayanthi Dharmasena with HNB Deputy General Manager- Retail and SME Banking Sanjay Wijemanne, HNB Head of Micro Finance Vinodh Fernando, HNB Head of Personal Financial Services Kanchana Karunagama, HNB Head of Leasing Niluka Amarasinghe, HNB Assistant Manager- Leasing Roshan de Silva and HNB Business Development Executive- HNB Leasing Mahesh Ratnayake.   HNB PLC, renewed its partnership with leading agricultural machinery and equipment supplier Hayleys Agriculture, to offer customers convenient leasing solutions and attractive benefits for Kubota, Agrotech and Farmtrac range of machinery.

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