Business
Midas Safety appoints Shirendra Lawrence to its Group Board
Shirendra Lawrence has been appointed as an independent Non-Executive Director on Midas Safety’s Group Advisory Board with effect from June 2020.
Founded 41 years ago, and Head-quartered in Dubai, United Arab Emirates, Midas Safety is the World’s largest private label manufacturer and supplier of Gloves to over 50 countries across the globe. Over the years, the organization has invested heavily in research and innovation to pioneer technological breakthroughs in safety and industrial hand-protection. Midas Safety is present in 13 countries with over 11,000 employees and an annual turnover in excess of US $300 Million. Its product portfolio includes 16,000 unique products.
Midas has 13 state-of-the-art manufacturing facilities, located in Pakistan, Sri Lanka, Bangladesh and India with investments in modern and efficient manufacturing plants, robotics and hybrid glove capabilities. The facilities adhere to stringent quality and process standards.
Shirendra, who subsequent to his Mechanical Engineering degree at imperial College, University of London, completed his professional qualifications as a Chartered Engineer, is currently Group Chief Operating Officer at MAS Holdings.
Dearo Investment Pvt. Ltd. won four major titles at the Iconic Awards 2024, including Best Investment Product Provider of the Year and Best Project Finance of the Year. The awards, presented at the BMICH in Colombo, recognize the company’s excellence in financial services and digital solutions. Dearo Investment, known for its comprehensive financial services, including SME and joint venture financing, operates over 30 branches nationwide and recently opened a new branch in Polonnaruwa. The company is focused on driving digital innovation and plans to expand further
Since its debut on August 15, 2024, Oceanfront Service Apartments at Marine Drive has become a premier destination in Colombo’s luxury real estate market, said a release.
Developed by the International Construction Consortium (ICC), this exclusive project features 118 high-end units across 21 floors, with sizes ranging from 912 to 1,569 square feet. Located in the vibrant Marine Drive area, the development offers stunning ocean views and a serene escape from city life.
With only a few apartments remaining, demand is high, making now the time to act. The residences provide easy access to Colombo’s nightlife, dining, and essential services, making it an ideal spot for both living and working. Each unit combines modern elegance with functional design, offering spacious bedrooms, stylish living areas, and luxurious bathrooms. Seize the opportunity to experience beachfront luxury at its best with Oceanfront Service Apartments.
TVS Motor Company has launched the TVS Raider 125 in Sri Lanka, featuring an LCD digital speedometer, 3V iTouch Start, LED headlamp, and under-seat storage. This sporty motorcycle boasts a 125cc engine for a balance of power and efficiency, an advanced digital console with real-time information, and superior safety features like disc brakes.
Rahul Nayak, VP of International Business at TVS Motor Company, highlighted that the TVS Raider 125 aims to captivate the Gen Z market with its advanced features and design. G. S. Raghavan, Global President of TVS Mobility, praised the Raider 125 as a standout addition to TVS’s trusted lineup in Sri Lanka. Geethal Anthony, CEO of TVS Lanka, expressed excitement about the Raider 125’s launch and its contribution to local manufacturing and quality standards, anticipating it will appeal to young riders and boost the industry’s growth.
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