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Fuel
feud blazes with new twist
- Petitioners
threaten to withdraw FR case
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Govt. may have to resume hedging payments
By
Stanley Samarasinghe and Rathindra Kuruwita
The fuel controversy hit a new turn yesterday when
Chief Justice Sarath N. Silva told the government that the
Executive should respect the rulings of the Judiciary and
is obliged to carry them out, in the midst of petitioners
warning that they would withdraw their case, if the Supreme
Court verdict to lower petrol prices is not honoured.
Full
story
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Airtel
rings Mahinda
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| Airtel,
Sri Lankas fifth mobile telecom operator launched
its services on Monday in grand style in tune with its
build up. Headed by one of Indias popular business
icons Sunil Bharti Mittal, Barati Airtel is investing
US$ 200 million to roll out its services and become market
leader in a years time though prospects are tough
given the fact that the mobile telecom industry is engaged
in fierce competition. Given the high hopes and strategic
venture, Mittal had a Presidential audience on Monday
and presented a memento to President Mahinda Rajapaksa
at Temple Tress. Minister Sarath Amunugama is also present
(Pic by Sudath Silva) |
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