News
First Capital Announces Platinum Sponsorship and Steps onto the Rugby Field with CR&FC

First Capital Holdings PLC, a Janashakthi Group Company, proudly announces its partnership with the Ceylonese Rugby & Football Club [CR&FC] as the Platinum Sponsor for the upcoming rugby season. This collaboration marks First Capital’s first venture into the rugby realm through its association with CR&FC, with aims of fostering the growth of rugby in Sri Lanka, which boasts a large following. CR&FC, with its illustrious 100-year legacy in Sri Lankan Rugby, stands as a testament to the country’s rich Rugby heritage, having produced exceptional players who have represented the nation. In line with this legacy, the club has a visionary plan to establish a Rugby academy in the future. First Capital is proud to partner with this exceptionally strong team and will support CR&FC through yet another successful Rugby season.
By partnering with CR&FC, one of the greatest Rugby clubs in Sri Lanka, First Capital looks forward to uplifting one of the nation’s most passionately followed sports. As both dynamic organisations place a strong emphasis on ‘Performance First’ this partnership is destined to reach new heights with countless benefits for all.
Randinith Madanayake, Head of Marketing at First Capital, emphasised the significance of this partnership, stating, “At First Capital, our guiding principle is ‘Performance First.’ Partnering with CR&FC, a club synonymous with on-field excellence, allows us to extend this ethos to the wider community and showcase our commitment to sports in Sri Lanka during what has been a particularly difficult season. We believe Rugby has a promising future in Sri Lanka and are committed to fostering excellence in the sphere of Sri Lankan sports. First Capital is also committed to supporting the financial awareness of athletes. This sponsorship not only represents a pivotal step towards fostering the holistic development of Rugby in Sri Lanka, but also represents a step towards improving the lives of all Sri Lankans through financial solutions. We firmly believe that financial empowerment is essential for this progress, and we are fully prepared to provide that support.”
With a strong emphasis on upholding stability, fostering a competitive advantage, and providing an exceptional customer experience, First Capital focuses on staying true to its ‘Performance First’ spirit. First Capital stands strong with robust fundamentals, dedicated teams, and the support of the Janashakthi Group, allowing it to weather challenging market cycles. The organization is actively expanding its reach and significance by embracing an evolving digital platform, bolstering its digital capabilities, and integrating its operations. These efforts are aimed at transforming client experiences, fostering operational efficiency, and driving overall growth & sustainability.
END.
About First Capital Holdings PLC:
First Capital Holdings PLC is a member of the Janashakthi Group, focused on delivering ‘Performance First’ through its operations as primary dealer, corporate finance advisory, wealth management and stock brokering.
With over four decades of expertise in providing capital market solutions, First Capital Holdings PLC is a listed full-service investment institution in Sri Lanka. First Capital Holdings PLC is rated [SL] A with Stable outlook by LRA.
The Board of Directors of First Capital Holdings PLC comprises of Nishan Fernando (Chairman), Manjula Mathews (Deputy Chairperson), Dilshan Wirasekara (Managing Director / Chief Executive Officer), Ramesh Schaffter, Minette Perera, Chandana de Silva and Nishan de Mel.

Football
India Crushes Sri Lanka 8-0 in SAFF U-19 Championship Opener: A Wake-Up Call for Football Authorities

Sri Lanka’s U-19 football team suffered a devastating 8-0 defeat at the hands of India in their opening match of the SAFF U-19 Championship 2025 held at the Golden Jubilee Stadium in Arunachal Pradesh, India.
From the opening whistle, Sri Lanka appeared unprepared and disorganized, allowing India to dominate every aspect of the match. The scoreline, split evenly with four goals in each half, highlights the defensive collapse and tactical shortcomings of the Lankan side.
India’s Danny Meitei Laishram netted a hat-trick, while Prashan Jajo added a brace, showcasing the stark contrast in quality and preparation between the two teams. Sri Lanka, meanwhile, failed to register any meaningful threat on goal throughout the match.
This humiliating loss raises serious concerns about the strategic planning and readiness of the national youth setup. Despite months to prepare for the tournament, the team lacked structure, fitness, and cohesion—fundamental aspects of international football. The technical team must face questions about the lack of competitive match exposure, tactical discipline, and defensive organization.
Moreover, the physical conditioning of the squad appeared subpar, and substitutions made during the game had minimal impact. The repeated lapses in positioning, marking, and pressing made it clear that the squad was outclassed not just physically but mentally and tactically.
This result must serve as a wake-up call for the Football Federation of Sri Lanka. Talent alone will not bridge the growing gulf between Sri Lanka and regional rivals unless it’s paired with structured development, professional coaching, and consistent investment in youth football.
Sri Lanka must now regroup quickly as they face Nepal U-19 in their next group match on May 11. The path to redemption begins with accountability—and urgent change.
Cricket
IPL Temporarily Suspended, PSL Relocated Amid Rising Tensions Between India and Pakistan

In a major development impacting global cricket, the Indian Premier League (IPL) has been temporarily suspended for a week, while the Pakistan Super League (PSL) has been moved to the UAE due to escalating tensions between India and Pakistan.
The decision by the Board of Control for Cricket in India (BCCI) to pause the IPL was announced on Friday, following heightened military activity along the border in the Kashmir region. The situation has raised significant safety concerns, leading to a precautionary suspension of one of the world’s most-watched sporting events.
“The well-being of players, officials, and fans is paramount. The resumption schedule will be shared after reviewing the evolving situation,” the BCCI said, emphasizing national security as the overriding concern.
This year’s IPL season, which began in March, still had 12 group-stage fixtures remaining before the playoffs. The final, initially scheduled for May 25 in Kolkata, may now face delays or venue changes.
The recent blackout during the match between Punjab Kings and Delhi Capitals in Dharamshala, along with the closure of several airports in northern India, further complicated logistics. Punjab’s upcoming match against Mumbai Indians has already been shifted from Dharamshala to Mumbai as a precautionary measure.
Meanwhile, the Pakistan Cricket Board (PCB) has confirmed the relocation of the remainder of the PSL season to Dubai. This move follows increased concerns from foreign players and support staff about their safety.
An incident involving a drone crash near the Rawalpindi Cricket Stadium just hours before a scheduled PSL match has heightened security concerns. The match was to feature several international stars from countries including Australia, England, South Africa, and the West Indies.
The ongoing crisis has put the cricketing world on alert, with both cricket boards closely monitoring the geopolitical situation. While cricket holds a significant place in both nations’ cultures, current developments have shifted priorities toward safety and stability.
Cricket
Bangladesh to Tour Sri Lanka for Full-Fledged Series in June-July 2025

Sri Lanka Cricket has confirmed that the Bangladesh National Men’s Team will tour the island from June 13 to July 16, 2025, for a multi-format bilateral series featuring 2 Tests, 3 ODIs, and 3 T20Is.
The tour kicks off with the Test series, which begins on June 17 at Galle International Stadium, followed by the second Test from June 25 to 29 at the SSC in Colombo. This red-ball series will offer crucial preparation and exposure for both sides ahead of the upcoming ICC events.
Sri Lanka holds a dominant record in Test encounters, having won 20 out of 26 matches against Bangladesh. Bangladesh has managed just one win, with five Tests ending in draws. Their last Test series in April 2024 saw Sri Lanka claim a clean sweep in Bangladesh, 2-0.
The limited-overs leg begins with ODIs on July 2 and 5 at R. Premadasa Stadium, before the third match takes place on July 8 at Pallekele — all day-night games starting at 2:30 PM.
The action continues with the T20I series, starting July 10 in Pallekele, followed by matches in Dambulla (July 13) and a final showdown at R. Premadasa Stadium on July 16.
Sri Lanka vs Bangladesh Tour Fixtures – 2025:
- June 17–21: 1st Test – Galle
- June 25–29: 2nd Test – SSC, Colombo
- July 2: 1st ODI – R. Premadasa Stadium
- July 5: 2nd ODI – R. Premadasa Stadium
- July 8: 3rd ODI – Pallekele
- July 10: 1st T20I – Pallekele
- July 13: 2nd T20I – Dambulla
- July 16: 3rd T20I – R. Premadasa Stadium
This tour promises exciting cricket as both teams aim to fine-tune their squads across formats.
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