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Sunday, July 12, 2020
Business

Business

Amazon mistakenly tells workers to take TikTok app off phones

AMAZON mistakenly sent workers an email telling them to dump the TikTok mobile application from their cell phones because of security concerns on Friday...

Sri Lanka Central Bank approves over Rs. 60 billion working capital loans to COVID-19...

The Central Bank of Sri Lanka (CBSL) said it has approved more than Rs. 60 billion working capital loans to COVID-19 affected businesses under...

Sri Lanka slashes key interest rates to aid virus-hit economy

SRI LANKA’s central bank on Thursday (9) cut interest rates for the fifth time this year in a new bid to breathe life into...

Indian banks pursue Mallya bankruptcy order in UK court

A consortium of Indian banks led by the State Bank of India (SBI) are pursuing their bankruptcy order against liquor tycoon Vijay Mallya in...

Lamborghini India banks on healthy order book to prevent sales decline

Italian super sports car maker Lamborghini is banking on a healthy order book to prevent huge sales dip in India this year due to...

Ola to invest around £20 million for the ‘Ride Safe UK’ initiative in a...

IN an effort to raise safety standards in the UK, ride-hailing firm Ola has launched the Ride Safe UK initiative. The company will invest around...

Reliance launches JioMeet to take on Zoom

INDIA’s Reliance has launched JioMeet video conferencing app with unlimited free calling facility and starts a rate war on rival Zoom. It is available...

Hinduja family split ‘saddens’ Britain’s Indian community

REPORTS of a split in the Hinduja fam­ily, hitherto regarded as one of the most united and respected Indian dynasties in the world, have...

World Bank announces new Country Manager for Sri Lanka

Chiyo Kanda has been appointed as Country Manager of the World Bank office in Colombo, Sri Lanka, effective July 1st, 2020. She will oversee...

Shiva Hotels bags £230mn financing for Marylebone luxury project

THE Shiva Hotels group has clinched a £230-million development financing package for the construction of a 199-room luxury lifestyle hotel in Marylebone, London. The transaction...