The sale of Sri Lanka’s Janashakthi Insurance PLC’s general insurance business to Germany’s Allianz for Rs. 16.4 billion
Indian Prime Minister Narendra Modi has said that India wants to further strengthen its relationship with Sri Lanka by taking bilateral relations to a higher level particularly in the economic sphere.
The Indian media has reported that the government of Prime Minister Narendra Modi has adopted a quiet maritime strategic diplomacy
Janashakthi Insurance in a stock exchange filing has stated that the Company is selling its general insurance business to Allianz SE in Germany for Rs. 16.4 billion subject to adjustments.
Sri Lanka’s Hatton Plantations has reportedly closed 80 cents higher at Rs. 8.60 on its debut on the Colombo Stock Exchange (CSE) on Friday, up 10.26 percent from its opening price.