Returnee from Russia among latest coronavirus patients

EQT-Backed Virtusa Targets $1 Billion India IPO

Virtusa, a global information technology services firm backed by EQT, is exploring an initial public offering in India that could raise at least $1 billion and value the company at $7 billion or more, according to sources familiar with the matter. The IPO is expected to take shape following a roadshow planned for the second half of 2026, which will help determine the listing venue, valuation, deal size, and timing. The listing itself could take place later in 2026 or extend into 2027. Major gl

29 Apr, 2026

DFCC Bank Expands Middle East Remittance Corridor with AlfaNow

DFCC Bank has entered into a partnership with AlfaNow in Dubai, expanding its remittance network across the Middle East and improving how Sri Lankans overseas send money home. The collaboration strengthens one of Sri Lanka’s most important financial lifelines. For many families, remittances are not just transactions, but a regular flow that supports daily expenses, education, and long-term stability. By working with AlfaNow, DFCC Bank is enhancing its ability to deliver faster, more secure, an

30 Apr, 2026

Emerald Clothing Acquires Hela Factories, Protects Jobs and Exports

Emerald Clothing (Pvt) Ltd has stepped in to secure the continuity of key operations previously run by Hela Clothing (Private) Limited, in a move aimed at stabilizing exports and safeguarding employment. The intervention comes as Hela faces liquidity constraints. Emerald Clothing said it has implemented an operational transition to ensure that manufacturing output and selected customer deliveries continue without disruption. The company said several thousand jobs across multiple facilities are

30 Apr, 2026