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Gotabaya retains Mahinda, drops 3 Rajapaksas in new cabinet

Beleaguered Sri Lankan President Gotabaya Rajapaksa on Monday appointed a new 17-member Cabinet that excluded his close relatives except Prime Minister Mahinda Rajapaksa, as he called for a "system......

Forex-starved Sri Lanka runs out of cash to buy fuel

Sri Lankan government on Monday admitted that it has run out of cash to buy fuel as pumps in most filling stations across the country have run dry, exacerbating the deepening foreign-exchange......

Sri Lanka, India ink deal to jointly redevelop strategic oil tank complex

Sri Lanka on Thursday signed an agreement with India to jointly redevelop the strategic World War II-era oil tank farm in the island nation's eastern port district of Trincomalee, in a new......

Waiting in passport queue for 2 days, Lankan woman gives birth

A pregnant Sri Lankan woman, who had been in a queue for two days to obtain a passport to leave the crisis-hit country for employment overseas, went into labour while waiting for her turn on......

Lanka crisis: PM Mahinda Rajapaksa proposes to amend Constitution

Sri Lanka's embattled Prime Minister Mahinda Rajapaksa has proposed to amend the Constitution to create an accountable administration that met the people's aspirations, amid large scale protests......

IndianOil to set up refinery in Sri Lanka for Rs 20,000 cr

Indian Oil Corporation will set up its first refinery outside India with an investment of up to Rs 20,000 crore (Rs 200 billion) in Sri Lanka.It will thus become the second Indian company to have a......

Sri Lanka scraps 2nd deal, to re-acquire IOC's oil tanks

Sri Lanka will re-acquire 99 World War II-era oil storage tanks leased to Indian Oil Corporation in the eastern port district of Trincomalee, Energy Minister Udaya Gammanpila announced on......

Indian Oil may put off overseas sales plans

Indian Oil Corporation is reviewing its plans to retail auto fuels across the world as in the south-east Asian countries the subsidised markets are a put-off, while the prospects of competing with......

Indian firms, banks cautious as Sri Lanka battles financial crisis

India is Sri Lanka’s third-largest export destination and it has invested heavily in the infrastructure and social sector projects in that country. IMAGE: The national flag of Sri......

Can Rupee Dethrone The Dollar?

Those who consider the rupee as a proxy for virility have started thumping their chests and dreaming of dethroning the dollar from its coveted position, observes Tamal Bandyopadhyay. Illustration:......

China's cracking cricket

Professional sports look at the promise of the Chinese market as dreamily as any other industry. Yao Ming, the Houston Rockets' star center, has given America's National Basketball Association an......

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Lanka Indian Oil Company

News for Lanka Indian Oil Company

Gotabaya retains Mahinda, drops 3 Rajapaksas in new cabinet

Forex-starved Sri Lanka runs out of cash to buy fuel

Sri Lanka, India ink deal to jointly redevelop strategic oil tank complex

Waiting in passport queue for 2 days, Lankan woman gives birth

Lanka crisis: PM Mahinda Rajapaksa proposes to amend Constitution

IndianOil to set up refinery in Sri Lanka for Rs 20,000 cr

Sri Lanka scraps 2nd deal, to re-acquire IOC's oil tanks

Indian Oil may put off overseas sales plans

Indian firms, banks cautious as Sri Lanka battles financial crisis

Can Rupee Dethrone The Dollar?

China's cracking cricket

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