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IndiGo seeks permission to expand operations to Palali airport

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IndiGo Airlines has formally requested approval from the Sri Lankan government to commence flight operations to Chennai and Jaffna (Palali) in India, according to reports emerging from aviation circles.

IndiGo Airlines has expressed its intention to initiate research services promptly upon receiving approval from the Sri Lankan authorities for flights between Palali and Chennai.

Presently, IndiGo operates flights between Katunayake and Chennai, and it anticipates that the proposed Palali-Chennai route will witness heightened popularity, catering to the burgeoning demand for air travel between the two destinations.

Mr. Nimal Siripala de Silva, the Minister of Ports, Navigation, and Aviation Services, has reportedly issued directives to airport authorities and the airline company to enhance passenger terminal facilities at Palali Airport, which currently functions as an international airport.

In response to the minister’s directives, officials from both the airport and the airline have communicated the need for approximately 200 million rupees in investments to augment these facilities.

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Imported milk powder prices slashed

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The price of imported milk powder will be reduced with effect from tomorrow (April 25), the Milk Powder Importers’ Association states.

Accordingly, the price of a 01 kg pack will drop by Rs. 250 – Rs. 300 while the price of 400g pack will be slashed by Rs. 100ත් – Rs. 130.

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CBSL names 8 more companies conducting prohibited schemes

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The Central Bank of Sri Lanka has named 08 more entities that conduct and/or have conducted prohibited schemes.

“Participating in Pyramid Schemes is a Punishable Offence” Central Bank said in a notice to general public.

The named entities are :
1. Beecoin App/Sunbird Foundation
2. Fast Win (Pvt) Ltd
3. Fruugo Oline App/ Fruugo Oline (Pvt) Ltd
4. Genesis Business School/ Era Miracle (Pvt) Ltd
5. Isimaga International (Pvt) Ltd 
6. Ledger Block 
7. Qnet/Questnet 
8. Ride to Three Freedom (Pvt) Ltd

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6 RfQs received to acquire SriLankan shares

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Sri Lanka’s State-Owned Enterprise Restructuring Unit (SOERU) announces that 06 Request For Qualifications (RfQ) were received for the acquisition of shares of SriLankan Airlines.
These RfQs were received from :

  1. 1. AirAsia Consulting Sdn. Bhd.
  2. 2. Dharshaan Elite Investment Holding (Pvt) Ltd
  3. 3. FITS Aviation (Private) Limited
  4. 4. Sherisha Technologies Private Limited
  5. 5. Treasure Republic Guardians Limited
  6. 6. Hayleys PLC

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