Captain Dimuth Karunaratne continued his rich vein of form to remain unbeaten on 49 with Angelo Mathews yet to score as only 36.3 overs of play were possible due to rain and bad light.
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India captain Virat Kohli said he expected his bowlers to defend 321 but Sri Lanka batted exceptionally well to take the game away from the defending champions in the ICC Champions Trophy in London, on Thursday.
The hosts, chasing a mammoth 550 for a win, only managed 245 runs before their second innings folded in the final session of the penultimate day after Dimuth Karunaratne had been dismissed for 97.
Shardul Thakur produced an all-round display and Navdeep Saini impressed with his pace again as India thumped Sri Lanka by 78 runs in the third and final Twenty20 International to complete a 2-0 series victory in Pune on Friday.
Earlier in the day, Bolivia beat Venezuela 3-1 at home and Uruguay and Paraguay drew 0-0 in Montevideo.
Sri Lankan batting once again promised a lot but delivered too little losing as many as seven wickets for 53 runs after they were cruising along at 185 for 3.
Batsmen Mahela Jayawardene and Lahiru Thirimanne were named in Sri Lanka's 15-member squads for the Asia Cup and WorldT20 in Bangladesh next month following injury lay-offs, while strike spin bowler Rangana Herath was included subject to him proving his fitness.
The list has been ratified by sports minister Dayasiri Jayasekera. The list however says Malinga has been rested without stating any reason for that. Malinga is currently playing in the Bangladesh Premier League.
Rajasthan Royals defeated Delhi Daredevils by three wickets.
Paceman Dushmantha Chameera took career-best figures with aggressive short-pitched bowling to give Sri Lanka a slight advantage at the close of play on the second day of the second Test against New Zealand at Seddon Park in Hamilton on Saturday.
New Zealand beat Sri Lanka by 167 runs on the fifth day of the second and final Test to register their first Test victory in the island nation in 14 years, in Colombo, on Thursday.
IMAGES from the FIFA World Cup Group C match played between France and Australia at Kazan Stadium on Saturday
Sri Lanka needed a little over 26 overs to chase down a 153-run victory target for a series-levelling seven-wicket victory in the second Test against Pakistan on Monday.
India have not lost a series at home since the defeat to South Africa in October 2015.
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BCCI secretary Anurag Thakur, on Tuesday, said the board would consider lifting the ban on players who were alleged of spot-fixing, provided the request comes from players. BCCI secretary Anurag Thakur, on Tuesday, said the board would consider lifting the ban on players who were alleged of spot-fixing, provided the request comes from players.
Perera scored a valiant unbeaten 92 and together with Angelo Mathews (83) had put on 62 runs for the sixth wicket to keep Sri Lanka afloat in their first innings. They eventually folded up at 291 runs.
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Images from Friday's World Cup match between South Africa and Sri Lanka, at Chester-le-Street.
Wicketkeeper-batsman Sanju Samson, who replaced the injured Ambati Rayudu in the Indian squad for the remainder of the Zimbabwe tour, said he is happy and excited to don the country's colours.
Sri Lanka's stand-in captain Upul Tharanga has been suspended for two matches due to his team's slow over rate in Saturday's Champions Trophy game against South Africa, the International Cricket Council said.
Sri Lanka have dropped Test spinners Rangana Herath and Tharindu Kaushal from their One-day squad for the five-match series against Pakistan starting on Saturday.
Images from the World Cup Pool A match between Sri Lanka and Afghanistan in Dunedin on Sunday
A couple of hours after being told by doctors that his Asia Cup was over because of a fractured left wrist, Tamim walked out to bat with one hand after the fall of ninth Bangladesh wicket.
Marlon Samuels' unbeaten century proved in vain as Sri Lanka beat West Indies by 19 runs under the Duckworth-Lewis method to complete a 3-0 one-day series whitewash on Saturday.
If the sanction is accorded, the four leaders might be named in the charge sheet.
Half centuries from Colin de Grandhomme and B J Watling gave New Zealand a first-innings lead of 138 against Sri Lanka on the fourth day of the second and final Test in Colombo on Sunday.
Kumar Sangakkara became the fastest player to reach 12,000 Test runs and will look to rebuild Sri Lanka's innings after they were left teetering at 78 for five at the end of the first day of the second Test against New Zealand.
Factbox on World Cup match between New Zealand and Sri Lanka at Hagley Oval.
The Board of Control for Cricket in India (BCCI) vice-president TC Mathew has said that the final decision about the India-Pakistan series is expected to be made in October.
A young Sri Lanka team must play with arrogance if they are to upset holders India in Thursday's ICC Champions Trophy match at the Oval in London, former captain Kumar Sangakkara said.
Openers KL Rahul and Shikhar Dhawan slammed quickfire half-centuries as India outclassed Sri Lanka by 78 runs in the third and final T20 International to win the three-match series 2-0, in Pune, on Friday. Images from the third T20 International between India and Sri Lanka, at Pune, on Friday.
Martin Guptill became the highest run scorer in One-Day International cricket this year as he guided New Zealand to a comprehensive seven-wicket victory over Sri Lanka in the first game of their five match series in Christchurch, on Saturday.
A pool of 346 cricketers will go under the hammer at the IPL Player Auction in Jaipur on December 18.
Sri Lanka ended the third day's play at Hagley Oval in Christchurch on 293 for five, still 10 runs away from making New Zealand bat again after they had been asked to follow on.
India bulldozed Sri Lanka by 168 runs in the fourth one-day international on Thursday after skipper Virat Kohli and opener Rohit Sharma smashed blistering hundreds to put the tourists 4-0 up in the five-match series.
Ahead of Thursday's Indian Premier League player auction, Royal Challengers Banglore captain Virat Kohli assured the fans that they will cover all bases and pick a strong team for the next edition of IPL. Ahead of this year's IPL auction, RCB had released 12 players from their squad, while retaining 13.