The Central Bank has infused Rs6 billion into The Finance Company, which has been struggling since it was hit by the 2008 Ceylinco crisis. With this infusion, the company has started to turn things around, its management claims . But a Rs10 billion negative book value even post-infusion raises questions.
Hirdaramani Group has joined other diversified Sri Lankan companies that have set up shared services operations. But rather than running the operation alongside headquarter functions, it has spun off shared services to a separate Group firm, H-Connect
Leapset has reorganized its software engineers into teams of around six people that work collaboratively and independently. The company thinks that this will result in less friction, greater productivity and a new burst of creativity