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Island.lk

Customs Chief Wathsala Nanayakkara reacts angrily on Friday when the media accompanied an Excise department team, investigating the recent detection of a container load of contraband (ethyl), at the...

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Sri Lanka’s foreign policy - the need for professionalism

March 14, 2013, 8:34 pmIt is with more than a measure of reluctance that I, who is on my annual visit ‘home’, is putting pen to paper to share my views on a topic being discussed extensively in Colombo...

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Money laundering case: ICICI Bank suspends 18 employees ET

ICICI Bank today suspended 18 employees, a day after the lender and two of its peers were accused of indulging in money laundering activities. NEW DELHI: ICICI Bank today suspended 18 employees, a day...

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Citigroup pays new CEO Michael Corbat $12.4 mn in 2012 AP

That's 17 percent less than the $14.9 million his predecessor, Vikram Pandit, received in 2011. But Corbat, who replaced Pandit in October, was only in the top job for three months last year. NEW YORK:...

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Poaching: Gotabhaya alleges TN depriving SL fishers their livelihood

*Highlights TNA’s failure to take it up with IndiaMarch 15, 2013, 9:32 pmby Shamindra FerdinandoDefence Secretary Gotabhaya Rajapaksa yesterday said that a section of the Tamil Nadu fishing fleet had...

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Section of Intl. Community not verifying facts – Mahinda Sam

.The full text of Minister Samarasinghe’s statementMarch 15, 2013, 9:48 pm"My delegation and I join you this morning with a deep sense of satisfaction. November 2012 saw Sri Lanka face its second UPR...

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Army commander calls for credible proof of wrong doing by his men

March 15, 2013, 7:39 pmBy Madura RanwalaThe army is ready to resume any investigation at any moment, even in the future, if any victim or any party provides guaranteed evidence to prove that its men...

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LIOC demands US 2.53 mn from ship owner to set off price fluctuations

*Contaminated dieselMarch 15, 2013, 9:39 pmby Ravi LadduwahettyThe Lanka Indian Oil Corporation (LIOC) has demanded US$ 2.53 million from the owners of the ship, ‘Vineline Glory’ for the contaminated...

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Tamils issue: Govt. in process of finalising response

March 15, 2013, 7:41 pmIndia is in the process of working out its stand on the UN Resolution against Sri Lanka, government on Friday said with an emphasis that there should be accountability besides an...

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The Papal Conclave

March 15, 2013, 12:00 pmby Fr. Freely MuthukudararchchiThe first General Congregation of the College of Cardinals was convened on March 4th, at 9 o’clock in the New Synod Hall. A second was held that...

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Pope Francis' first moves hint at break with past

By David WilleyBBC News, RomeThe first 48 hours of the pontificate of Pope Francis have given the world a foretaste of what it is going to be like to have a Jesuit priest for the first time in history...

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Dreamliner: Boeing says flights to restart in 'weeks'

Boeing's Dreamliner fleet has been grounded while safety checks are carried out on the batteries Boeing has said that it expects commercial flights of its Dreamliner 787 plane to restart within...

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China confirms Li Keqiang as premier

Mr Li, the son of an official in Anhui, is a fluent English speakerChina's leaders have named Li Keqiang premier, placing him at the helm of the world's second-largest economy. Mr Li, who already holds...

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Mukesh Ambani stepping down from BofA board

Bank of America Corp said on Friday that Mukesh Ambani, chairman of Reliance Industries Ltd, will step down from the No 2 US bank’s board of directors at its annual shareholder meeting in May. Ambani...

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Delhi-born Vijay Sethi is world's best business educator BS Reporter | New...

Vijay Sethi, 52, professor at Singapore’s Nanyang Technological University (NTU), has been named the world’s best business educator by the Economist Intelligence Unit (EIU). The information systems...

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In war of germs, Dettol and Lifebuoy enter round two

The advertisement war between Reckitt Benckiser  and Hindustan Unilever Limited (HUL) continues unabated. After Reckitt had compared its Dettol Kitchen Cleaning Gel with HUL’s Vim a month ago, HUL said...

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There is distrust in Indian bureaucracy against Pakistan: Hafiz Pasha BS...

Hafiz Pasha, dean of Beaconhouse National University, Lahore, and former commerce minister, finance minister and deputy chairman of Planning Commission, government of Pakistan, tells Nayanima Basu...

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TVS Motor president for marketing resigns PTI

Chennai-based two-wheeler maker TVS Motor Company today said its President for Marketing H S Goindi has resigned from the company. "H S Goindi, President Marketing, TVS Motor Company has expressed his...

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Mahindra Lifespace buys out partner in Chennai project BS Reporter | Chennai

Mahindra Lifespace Developers, part of $15.9 billion Mahindra Group, has bought the stake of private equity Arch Capital in its joint venture residential project at Chennai. The buy out of the stake...

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Google chief Larry Page adds two IIT alumni to his 'L-Team' BS

Google said Jeff Huber, head of mapping and commerce, is stepping down to work on new projects amid management changes aimed at helping Chief Executive Larry Page pursue areas of growth. Google is...

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