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Sri Lanka India Society commemorates 74th Independence Day of Sri Lanka and the 73rd Republic Day of India

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From left: Guest of Honour Indian High Commissioner to Sri Lanka Gopal Baglay, Chief Guest Minister of Education Dinesh Gunawardena, and Sri Lanka India Society President Kishore Reddy

One of the oldest and largest friendship societies in Sri Lanka, the Sri Lanka India Society (SLIS) was established in 1949 with the focus on promoting the development and elevation of social and cultural relations and friendship between Sri Lankan and India.

The society’s mission to strengthen neighbouring ties is fortified via many events and activities to further the relationship built over the many years. In upholding the roots of the society and its cultures, Kishore Reddy, who is held in high esteem in both countries, has undertaken the leadership from Rohan Tudawe, an outgoing past president.

On the note of upholding shared history, recent events highlight both Sri Lanka and India entering into their 75th year as independent countries. To honour this feat, the society commemorated a dinner to toast to both great countries.

Inaugurating this special evening, Chief Guest Dinesh Gunawardena, Minister of Education, and Guest of Honour His Gopal Baglay, High Commissioner of India in Sri Lanka, amongst many dignitaries, were invited to be a part of the cultural co-operation that emphasized the importance of the bilateral relationship.

During the event, High Commissioner Baglay highlighted diverse elements of deep-rooted, centuries-old ties between the peoples of India and Sri Lanka in his remarks. He specifically noted the shared passion for cricket between the two countries in the present times. He was also appreciative about the initiatives undertaken by organisations like the Sri Lanka India Society in strengthening the people to people bonds. High Commissioner Baglay also mentioned that Sri Lanka and India are children of the same ancient culture and both countries have common cultural relationship and India will always be of assistance whenever Sri Lanka needs India’s help.

In appreciating the encouragement and guidance towards the society, Kishore Reddy, President of SLIS, expressed: “I believe people-to-people relations and cultural links constitute one of the cardinal pillars of our relationship. This way forward will lead to the cross-pollination of thoughts and ideas, and the sharing of knowledge will nurture diversity and common prosperity. I thank the assistance received from the High Commission of India in Sri Lanka, the Swami Vivekananda Cultural Center, and His Excellency. At the same time, I owe my thanks to the Honorable Dinesh Gunawardena and the Ministry of Education for identifying young talent across the island to promote cultural relationships with interactive events.”

SLIS, which has more than 800 life members consisting of both Sri Lankan and Indian nationals, has been working closely with the Office of the Indian High Commission in Sri Lanka. The presidents of the society in the recent past are Deshabandu Tilak De soyza, Deshamanya Ken Balendra, Chandra Shafter, Dr. Uvais Ahamed, Col. Harindran, Manik Pereira, Kandaiah Neelakandan, Kumar Nadesan, T.S. Prakash, and Rohan Tudawe.

The office bearers of the society for 2021/22 are President Kishore Reddy; Vice Presidents Renganathan, Dr. A Kandasamy, and Deshabandu Jaykumar; Secretary Kailasapillai; Asst. Secretary Chaturi Ranasinghe; Treasurer Saravanan Neelakandan; Asst. Treasurer S. Shameer; and Editor Sumit Law. In addition, another 14 Sri Lankan and 10 Indian members also serve in the Executive Committee.



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Ambeon Securities hosts exclusive investor forum on Sri Lanka’s economic and market outlook

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The event was organized with the objective of providing investors with valuable insights to make better-informed investment decisions while further strengthening the firm's engagement with its growing client base.

Ambeon Securities recently hosted an exclusive investor forum, bringing together clients, investors, business leaders, and market professionals for an insightful discussion on Sri Lanka’s economic outlook and investment opportunities amidst a challenging global landscape.

The event was organized with the objective of providing investors with valuable insights to make better-informed investment decisions while further strengthening the firm’s engagement with its growing client base.

The forum featured Baqar Zaidi, Director and Chief Economist for Sri Lanka and India at Citi Research, as the keynote speaker. Sharing his perspectives on the evolving global macroeconomic environment, Mr. Zaidi discussed key themes influencing emerging and frontier markets, Sri Lanka’s economic trajectory, and the opportunities lie ahead.

The keynote address was followed by an engaging panel discussion comprising Baqar Zaidi, Aravinda De Silva, respected investor, entrepreneur, and the Chairman of Arcasia Holdings. Hasitha Premaratne, Group Managing Director of Brandix and Asanka Herath, Chief Executive Officer – Unit Trusts and Head of Equities at LYNEAR Wealth Management.

Moderated by Imran Furkan, the panel explored a range of topics including Sri Lanka’s macroeconomic outlook, the future of the Colombo Stock Exchange, sectoral opportunities, capital allocation strategies, investor confidence, and the role of policy reforms in attracting investment and supporting long-term growth.

Speaking at the event, Charith Kamaladasa, Chief Executive Officer of Ambeon Securities, reaffirmed the company’s commitment to facilitate quality insights, informed perspectives, and meaningful dialogue to support their clients while building lasting relationships with them. He noted that in an environment where uncertainty has become the new normal, equipping investors with timely information and expert perspectives is essential for successful wealth creation.

The event was well attended by a distinguished gathering of institutional investors, high-net-worth investors, and business leaders. Among those present were members of the Ambeon Group Board, including Group Chairman Sujeewa Mudalige, Group CEO Dr. Sajeeva Narangoda, and Chairman of Ambeon Securities Mangala Boyagoda. Their presence, together with the participation of Ambeon Group shareholders and valued clients, enriched the discussions and contributed to a vibrant networking session, fostering meaningful dialogue and stronger connections within the investment community.

Through initiatives such as this, Ambeon Securities continues to reinforce its commitment to helping clients navigate evolving market conditions, make informed investment decisions, and achieve their long-term financial goals.

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Tata Group leads humanitarian education support initiative with DIMO and ChildFund

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The Tata Group, in partnership with ChildFund and DIMO, has successfully implemented a humanitarian education support initiative for disaster-affected schoolchildren in Sri Lanka, reaffirming its commitment to helping communities recover from the impacts of Cyclone Ditwah and the subsequent floods.

Following a formal request for support from Sri Lanka, an on-ground assessment was conducted in December 2025. Recognizing the urgent need, several Tata companies joined forces to implement the response program.

As part of this initiative, the ‘Hope in a Backpack’ programme, which provides disaster-affected children with essential educational supplies, was launched by the Tata Group at Taj Samudra, Colombo, in the presence of the Chief Guest, Hon. Prime Minister Dr. Harini Amarasuriya; the Guest of Honour, Hon. Indian High Commissioner Santhosh Jha; Ranjith Pandithage, Chairman of DIMO; Chacko Thomas, Group Chief Sustainability Officer, Tata Sons; and Aditi Ghosh, Country Director, ChildFund.

This initiative is part of DIMO’s Social and Community Pillar, under the project theme ‘Lassana Hetak,’ which focuses on giving the future generation a helping hand towards a better future.

This collective effort was further strengthened by volunteers from Tata and DIMO, who actively mobilized on the ground to pack, distribute, and support affected communities. During the proceedings, specially invited schoolchildren received the backpacks with essential supplies as well.

Commenting on the partnership, Ranjith Pandithage, Chairman of DIMO, said: “DIMO is proud to collaborate on this meaningful initiative alongside the Tata Group and ChildFund as the local implementation and logistics partner. Our relationship with Tata spans more than six decades and has been built on a shared commitment to ethical business practices, trust, and creating lasting value for the communities we serve. These values have shaped our partnership over the years, extending beyond business to initiatives that make a meaningful difference in people’s lives.”

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NovaNest Properties launches Rainbow Apartments in Ratmalana

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Samitha Waidyasekera CEO - NovaNest Properties (Pvt) Ltd

NovaNest Properties (Pvt) Ltd has officially launched Rainbow Apartments, a new residential development in Ratmalana. The announcement was made at an official launch event held at the Shangri-La Hotel, Colombo, marking the company’s latest addition to Sri Lanka’s growing apartment market.

The development is designed to cater to homebuyers seeking modern urban living, as well as investors looking for long-term value. Rainbow Apartments is located in Ratmalana, an area of increasing residential interest, and benefits from the suburb’s established social infrastructure, proximity to major transportation links, and accessibility to Colombo.

The project reflects NovaNest Properties’ commitment to delivering quality residential developments that combine contemporary design with practical living. Intended to satisfy the evolving lifestyle demands of today’s homeowners, Rainbow Apartments features thoughtfully designed living spaces supported by modern amenities. These include two infinity pools, a gym, fully functional workspaces, a mini theatre, stylish cafés, a mini-mart, and a children’s daycare. Additionally, it features a full time medical centre backed by Nawaloka Hospitals PLC Colombo, with a 24-hour ambulance service.

Commenting on the launch, the Chief Executive Officer of NovaNest Properties (Pvt) Ltd, Samitha Waidyasekera, said, “Today’s buyers are looking beyond square footage. In addition to providing long-term value, they want homes that are close to the places where they work, learn, and spend their time. With that shift in mind, Rainbow Apartments was created to bring together a strategic location, thoughtful design, and quality construction in a way that will continue to meet buyers’ needs for years to come. Through our promise of ‘Luxury Beyond Expectations,’ we are committed to delivering an elevated lifestyle experience that combines comfort, convenience, and modern living.

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