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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......

1 killed, 13 injured as Lankan police open fire on anti-govt protestors

Sri Lankan police on Tuesday opened fire at anti-government protestors in southwestern region of Rambukkana, killing at least one person and injuring 13 others - the first death during the ongoing......

Protesters clash inside Sri Lankan PM's residence, 10 hurt

At least 10 persons, including a woman, were injured on Tuesday when a scuffle took place inside Araliyagaha Mandir, Sri Lankan Prime Minister Ranil Wickremesinghe's official residence, occupied by......

Lankan Prez's whereabouts still not known, protesters camp at his house

The anti-government protesters in Sri Lanka on Sunday continued to occupy the residences of President Gotabaya Rajapaksa and Prime Minister Wickremesinghe, a day after they stormed into the......

Emergency in Sri Lanka ahead of new President's election

Sri Lanka's Acting President Ranil Wickremesinghe on Monday imposed emergency giving him sweeping powers ahead of the key election on July 20 to pick a new President as he urged the political......

Despite US indictment, Adani still has a few supporters

Abu Dhabi's International Holding Company (IHC), one of the largest sovereign funds that manages assets close to $100 billion, has reaffirmed its support to the Adani Group, saying its outlook on......

Infy co-founder expands role in hospitality space

N S Raghavan, one of the co-founders of Infosys, is expanding his presence in the hospitality sector. Nadathur Holdings, the investment vehicle owned by Raghavan, through one of its affiliates......

MTNL bids for Sri Lanka's Suntel

In what could be its first overseas takeover, state-run MTNL has submitted a bid for Sri Lankan fixed-line, wireless operator Suntel. The bid has been submitted in the range of $100-120 million and......

IOC, Lanka govt spat intensifies

Cash strapped Sri Lankan unit of Indian Oil Corporation on Tuesday announced it will not replenish stocks unless the Sri Lankan government moved to settle a disputed Rs7.44-billionsubsidy claim.A......

IOC plans IPO of Sri Lanka unit

The country's largest refiner Indian Oil Corp is planning an initial public offer of its Sri Lankan subsidiary Lanka IOC by June this year to raise between $20-25 million."We are considering......

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