Sri Lanka Financial News

Cricket enthusiasts all over the world are waiting with bated breath for the first match of the ICC Men’s Cricket World Cup, which commences today. Tech giant Google, commemorated this event with an animated doodle. The cartoon showcases two adorable ducks marching between the wickets, bats in their hand. On clicking the doodle, you will be directed towards the tournament schedule.

By Uditha Jayasinghe and Swati Bhat

Superdry, worn by celebrities such as David Beckham, Leonardo DiCaprio, Pixie Lott and Kate Winslet, has entered into a joint venture agreement with Reliance Brands for the sale of Superdry’s intellectual property assets in India, Sri Lanka, and Bangladesh for £40 million (nearly Rs 405 crore). Superdry will invest £9.6 million in the alliance, which will be set off against the company’s receivable of £40 million from Reliance. For the financial year to 30 April 2023, the South Asian IP generated around 1.8% of total Superdry group sales and contributed revenue of £11 million and profit before tax of around £2.6 million. “India represents an incredible opportunity for Superdry, and our existing relationship with Reliance means we will be able to hit the ground running. Under our new partnership, the brand will continue to accelerate and build on our success to date to become a major force in the Indian fashion market,” said Julian Dunkerton, co-founder and chief executive of Superdry. Superdry UK will keep a stake in the brand for the Indian territory and will continue to support brand development.

world cup fame, Sachin Tendulkar to be the "ICC Global Ambassador for Men’s Cricket World Cup 2023." Tendulkar will walk out with the Men’s Cricket World Cup Trophy before the opening match at the Narendra Modi Stadium in Ahmedabad, declaring the tournament open, ICC said. «It’s a real honour to have Sachin as our Global Ambassador as we celebrate the one-day game and get set for what we know is going to be the biggest Men’s Cricket World Cup ever,» said Claire Furlong, ICC General Manager, Marketing & Communications. The Indian legend said that world cups have always held a special place in his heart and he hopes that this edition will inspire youngsters across country to pick up sports and represent their countries.

ALSO READ: India vs. Netherlands Warm Up Match: When and where to watch; weather forecast, pitch report, and more For Afghanistan, Abdul Rahman and Mujeeb Ur Rahman took one wicket each.

By Uditha Jayasinghe

Supreme Court on Tuesday refused to entertain a plea seeking a direction to declare the 'Ram Sethu' as a national monument. 'Ram Sethu', also known as Adam's bridge, is a chain of limestone shoals between Pamban Island, off the south-eastern coast of Tamil Nadu, and Mannar Island, off the north-western coast of Sri Lanka.

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LIVE England vs Bangladesh, ICC World Cup 2023 Warm-Up Match Score Updates: Defending champions England take on Bangladesh today at the Barsapara Cricket Stadium in Guwahati. England's first warm-up match against India on September 30 was washed out due to rain after the hosts won the toss and elected to bat first.Jos Buttler's England side will look to win their last game before the start of the marquee tournament when they take on 2019 World Cup finalists New Zealand at the Narendra Modi Stadium in Ahmedabad on October 5.

Maldives President-elect Mohammed Muizzu may give India a headache in its southern neighbourhood in the backdrop of his pro-China leanings and «India out» campaign. However, the new Maldivian President may not be able to push out India's footprints from the archipelago given the historical development partnership and New Delhi's role as the first responder in a crisis. Muizzu was the proxy candidate for jailed former president Abdullah Yameen and may revive China's footprints in Maldives, according to Maldives watchers.

Shooting: India's trio of Divyansh Singh Panwar, Rudrankksh Patil and Aishwary Pratap Singh Tomar clinched gold with a record-breaking total of 1893.7 points. Shooting: Sarabjot Singh, Arjun Singh Cheema and Shiva Narwal continued India's shooting success with gold in the Men's 10m Air Pistol Team event. Shooting: Sift Kaur Samra set a world record to win gold.

Bangladesh go up against Sri Lanka at the Barsapara Cricket Stadium in Guwahati. South Africa take on Afghanistan at the Greenfield International Stadium in Thiruvananthapuram. New Zealand square off against Pakistan at the Rajiv Gandhi International Stadium in Hyderabad.

ODI World Cup 2023 is nearly upon us, with only a week remaining before the tournament begins. The reigning champions, England, will face off against New Zealand in the first match of this highly anticipated tournament. This match will be held in Ahmedabad's Narendra Modi Stadium. India, who presently leads all three cricket forms, will kick off their campaign on October 8th in Chennai against five-time winner Australia. It should be noted that India has not won an ICC trophy since 2013, and they are desperate to break the ten-year drought. Prior to the main competition, each of the 10 competing teams will play two warm-up matches. From September 29 to October 3, these practice games will be staged at three separate locations in India. India will take on England and the Netherlands in their two warm-up matches, which will be held in Guwahati and Thiruvananthapuram, respectively. Here is the complete schedule for the ICC Cricket World Cup 2023 Warm-Up Matches: September 29, 2023 – Friday

The crisis-hit nation of Sri Lanka failed to get the next tranche of its bailout from the International Monetary Fund (IMF). The organisation cited key shortfalls in the country’s reform agenda. The $3 billion bailout was agreed in March this year and Sri Lanka was hoping to receive the next tranche of funds, estimated at USD 333 million.

ESPNCricinfo), “The evidence establishes that there was no opportunity for the accused to remove the condom during intercourse because that intercourse was continuous," "I find that the evidence regarding the complaint far from supports the complainant. Rather it undermines the reliability of her evidence," the judge added.

Sufi or Barelvi school of thought are commemorating the birth anniversary of Prophet Muhammad as Eid Milad-un-Nabi, also known as Eid-e-Milad. This celebration takes place during the third month of the Islamic calendar, Rabi’ al-awwal. The start of Rabi’ al-awwal in countries like India, Pakistan, Bangladesh, Sri Lanka, and other parts of the subcontinent is traditionally signaled by the sighting of the crescent moon in October.

International Monetary Fund (IMF) concluded its visit to Sri Lanka but did not reach a staff level agreement which was part of the first review under a $2.9 billion bailout package, the fund said in a statement on Wednesday. «Sri Lanka has made commendable progress in implementing difficult but much-needed reforms.

S Jaishankar raised concern over the «steady increase in Chinese naval presence» in the Indian Ocean and called «to prepare for a far greater presence of Beijing than seen ever before.» Speaking at the 'Discussion at Council on Foreign Relations' in New York, Jaishankar said, «Last 20 -25 years, there has been a steady increase in the Chinese naval presence and activity in the Indian Ocean, but there has been a very sharp increase in the size of Chinese naval. When you have a very much bigger navy, that navy is going to be visible in terms of its deployment somewhere.» The EAM further said that New Delhi does watch these developments «very carefully» for any security implications. «In our own case, we have seen Chinese port activity, and buildings, you mentioned Gwadar, there is a port called Hambantota in Sri Lanka.

Canada's allegations has been «firm and direct», outgoing Sri Lankan high commissioner to India Milinda Moragoda said, adding that Colombo supports New Delhi on the matter. Addressing a meeting at Foreign Correspondents' Club on Monday night, he said the people of Sri Lanka have suffered due to terrorism, for which his country has zero tolerance. «I think India's response has been equitable and also firm and direct,» Moragoda said. «And, I think, as far as we are concerned, we support India on that.

Bloomberg, the currency has climbed by 9 percent, outperforming the Colombian peso which recorded a 3 percent gain during the same period. On-year basis, the afghani has climbed by 14 percent, which makes it the third strongest performer after Colombia and Sri Lanka's currencies, according to the news agency's data.

Times of India mentioned citing Indian Intelligence sources. The English daily said that slain Khalistani terrorist Hardeep Singh Nijjar and other Khalistani elements have built their brigade by offering shelter and low-scale jobs for the sustenance of illegal immigrants and Indian students.