NEWS

Kanchan Devt Bank Logs Rs 100 million Profit
Kanchan Devt Bank Logs Rs 100 million Profit
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July 21: Kanchan Development Bank has registered profit of Rs 97.4 million in the fiscal year 2072/73. As per a press statement by the bank, its deposit has totaled Rs 1.91 billion and extension of loans has been registered at Rs 1.64 billion in the last FY. The bank has been providing service from seven branches across the far-western region.…

Manaslu Devt Bank’s Profit Increase by 79 percent
Manaslu Devt Bank’s Profit Increase by 79 percent
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July 21: Manaslu Development Bank has registered a 79 per cent increase in its profit in the fiscal year 2072/73 compared to FY 2071/72. Issuing a press statement, the Gorkha-based…

Ace Capital Re-appointed AD Bank’s Share Registrar
Ace Capital Re-appointed AD Bank’s Share Registrar
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July 21: Ace Capital limited has been re-appointed as the share registrar of Agriculture Development Bank. Ace Capital has been the share registrar of the bank from the beginning. Lilaprakash Sitaula, CEO of Agriculture Development Bank and Purnachandra Dahal, Managing Director of Ace Capital signed an agreement to this effect.…

Sangrila Devt Bank Earns  Rs 350 Million Profit
Sangrila Devt Bank Earns Rs 350 Million Profit
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July 21: Sangrila Devt Bank has earned profit of Rs 350 million in the fiscal year FY 2072/73. The bank has collected deposit of Rs 10.36 billion and extended loan of Rs 9.15 billion in that…

New Branch Opening of NB Insurance at Gongabu
New Branch Opening of NB Insurance at Gongabu
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July 21: NB Insurance has started a new branch at Gongabu. Yogeshwor Sharma, a member of board of directors of the insurance company inaugurated the branch amid a program on July 20.…

Share Broker Commission Rate Deducted
Share Broker Commission Rate Deducted
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July 21: Ministry of Finance has finally provided approval for deduction of commission rate to share broker companies by nearly 40 percent in average. “Securities Board of Nepal (SEBON) had submitted the proposal nearly 18 months ago. The Ministry has finally given the approval after conducting long study on the proposal,” said Niraj Giri, Executive…

Vianet Customer Care Center in Chabahil
Vianet Customer Care Center in Chabahil
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July 20: Internet service provider Vianet Communications has opened a customer care center in KL Tower, Chabahil on July 10.…

Tata LPO 1618/62 in the Market
Tata LPO 1618/62 in the Market
  1   1 minutes 13 seconds to read

July 20: Sipradi Trading, the authorised distributor of Tata Motors in Nepal has launched all new Chassis Tata LPO 1618 /62 in the market. The company unveiled the new bus Chassis amid a function held at Sipradi Corporate office, Naikap on July 18.…

Mahindra's New Showroom in Lagankhel
Mahindra's New Showroom in Lagankhel
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July 19: Agni Incorporate, one of the leading companies and authorative distributor of Mahindra vehicles in Nepal has opened its new showroom in Lagankhel. Issuing a press…

FNCCI Urges to Withdraw the Electricity Tariff Hike Decision
FNCCI Urges to Withdraw the Electricity Tariff Hike Decision
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July 19: Federation of Nepalese Chamber of Commerce and Industry (FNCCI) requested the Electricity Tariff Fixation Commission to withdraw its decision to increase the…

Remittance Growth Declined with Decrease in Migrating Labourers
Remittance Growth Declined with Decrease in Migrating Labourers
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July 19: Along with the decrease in migrating labourers, growth rate of remittance has also decreased. In 11 months of the last FY 2072/73, remittance flow has increased by 8.6 percent which is less than the previous FY 2071/72 which was 12.4…

Citizens Bank Supports Badminton Player
Citizens Bank Supports Badminton Player
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July 19: Citizens Bank International will be providing Rs 25,000 per month to national badminton player Nangsal Tamang. The bank has made one year agreement with Tamang on this…

750ml Sprite for the Price of 500ml
750ml Sprite for the Price of 500ml
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July 19: Coca-Cola Nepal has launched a new promotion on Sprite in which consumers can enjoy a 750 ml pack of lime beverage Sprite at the price of 500 ml. Issuing a press statement , the company informed that the offer to get 50% extra on a 500 ml pack of Sprite will be…

Himalayan Arabica Bags Best Gourmet Coffee Award
Himalayan Arabica Bags Best Gourmet Coffee Award
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July 18 : Himalayan Arabica Nepal Specialty Organic Coffee has been awarded as the Best Gourmet Coffee of 2016. The Nepali coffee brand received the award in the '2nd International Contest of Coffee Roasted in their…