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Flipkart slowly grew in prominence and was receiving 100 orders per day by 2008. [16] Flipkart acquired WeRead in 2010 from Lulu.com that helped it build its foundational strength which was the digital retail of books. This space was otherwise only shared by very limited number of players at that time in the market, such as Landmark and Infibeam.
In 2005, Dialog Telekom launched the largest IPO seen by the Sri Lankan capital markets in an attempt to finance expanding the network. The Dialog Telekom initial offer, which was launched on a book building structure at a price range of LKR 8 to LKR 12 per share, consists of 712.3 million ordinary shares, which is a 9.6% stake of the company. [18]
Colombo Pride is an annual LGBTQ+ pride celebration held in Sri Lanka, chiefly hosted by Equal Ground, along with other queer rights advocacy groups since 2005. [1] [2] Although being mostly unpopular during the 2010s, the post COVID-19 period and subsequent socio-political crises paved the way for a larger, week-long celebration in 2022, with a three-day film festival titled "Abhimani", a ...
The All Share Price Index is one of the principal stock indices of the Colombo Stock Exchange in Sri Lanka. ASPI measures the movement of share prices of all listed companies. It is based on market capitalisation. Weighting of shares is conducted in proportion to the issued ordinary capital of the listed companies, valued at current market ...
The Sri Lankan economic crisis[8] is an ongoing crisis in Sri Lanka that started in 2019. [9] It is the country's worst economic crisis since its independence in 1948. [9] It has led to unprecedented levels of inflation, near-depletion of foreign exchange reserves, shortages of medical supplies, and an increase in prices of basic commodities. [10]
Telecommunications in Sri Lanka commenced in 1858 after the first telegraphic circuit between Colombo and Galle was commenced. The sector continues to grow in the ...
In the last six months Sri Lanka has seen its runaway inflation drop to 1.3% in September, its currency appreciate by about 12% and foreign exchange reserves improve. ... Sri Lanka accepted offers ...
Rank Name Financial statistics in millions LKR Industry Revenue Profit Assets Market Cap. 1 Hayleys PLC: 241,276 14,046 279,383 45,600 Conglomerate
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