Adani Green Energy Shares Gain 2% on Plans to Withdrawal from Sri Lanka
Adani Green Energy Ltd‘s share price rose 2% on Tuesday, 13 February, after a news report suggested that the company may withdraw from its proposed...
Tag : Sri Lanka
PhonePe Partners Up with LankaPay for UPI Payment in Sri Lanka
PhonePe, a Bengaluru-based company, has announced that it has partnered with LankaPay to enable PhonePe UPI payments in the country. This partnership will allow Indian travelers...
Adani Green Signs MoU with Sri Lanka; Shares Fall
Gautam Adani-led Adani Green Energy Ltd has signed an agreement with the Sri Lankan government for the development of wind power stations in Mannar and Poonerin. The...
UPI Services Launched in Sri Lanka and Mauritius After France
India’s Unified Payment Interface (UPI) services were launched in Sri Lanka and Mauritius at 1 pm on Monday, February 12, just a few days after...
US International DFC to Invest $553 Million in Adani Group’s Sri Lankan Port Terminal
The US International Development Finance Corporation (DFC) will provide $553 million in financing for developing a container terminal in Sri Lanka operated by Indian billionaire...
IRCON International Shares Surge 4% After Execution of Contract by Sri Lanka Railways
IRCON International, a Ministry of Railways company, saw its shares gain as much as 4% during the early hours on Monday after the company executed...
World Bank IDA Approves $700 Million Financing for Sri Lanka
The World Bank Board of Directors have approved a $700 million financing for Sri Lanka’s budgetary and welfare support from its concessionary International Development Association...
Sri Lanka Plans to Shift to Renewable Energy Sources, Signs Deal with India
Sri Lanka has announced its intention to sign a memorandum of understanding (MoU) with India to increase the island nation’s use of renewable energy, aiming...
Sri Lanka Receives $3 Billion Bailout from IMF
On March 21, the International Monetary Fund (IMF) sanctioned a $3 billion bailout for crisis-stricken Sri Lanka under the programme to “reestablish macroeconomic stability and...
China Backs Sri Lanka Debt Restructuring, Paving Way for $2.9 Billion IMF Lifeline
China has assured that it will upkeep Sri Lanka’s debt rearranging, clearing the largest hurdle for the South Asian nation to protect a $2.9 billion...
