The Ishara Nanayakkara family-led LOLC Group on Wednesday increased its stake in the company, buying over the 30 per cent stake held by Japan’s Orix Corporation, the one-time owners of the company.

The London Stock Exchange Group (LSEG) this week announced that Arjuna Nanayakkara has been appointed as the Head of Shared Services Centre – Sri Lanka. He will be responsible for managing, building, ...