Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 60]
Code Context
//    $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/indexdata.xml';



    if(!$xml = simplexml_load_file($file)){
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
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			'id' => '4488',
			'article_category_id' => '1',
			'title' => 'Global IME Starts 2 BLB Service Units in Kailali',
			'sub_title' => '',
			'summary' => 'September 23: Global IME Bank has started operation of additional two branchless banking services in Kailali District. The bank in collaboration with UKaid’s Sakch',
			'content' => '<p style="text-align:justify">September 23: Global IME Bank has started operation of additional two branchless banking services in Kailali District. The bank in collaboration with UKaid&rsquo;s Sakchyam Access to Finance has started branchless banking services at Olani-6, Godawari and Solta-7, Sugaarkhaal. Prasanna Banskota, Chief of Marketing Management and Business Promotion Department of the bank inaugurated the branchless banking services by handing over certificate and machinery to the Business Representatives.</p>

<p style="text-align:justify">The bank has appointed locals Nabin Bahadur Singh and Hiradevi Jaisi for Olani and Solta as Business Representatives. With the openings, the number of branchless banking services has reached 44.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-09-23',
			'modified' => '2016-09-23',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4319',
			'image' => '20160923111020_global.jpg',
			'article_date' => '2016-09-23 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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	(int) 1 => array(
		'Article' => array(
			'id' => '4487',
			'article_category_id' => '1',
			'title' => 'EXIDE’s Dealer Meet',
			'sub_title' => '',
			'summary' => 'September 23: Exide division of Sipradi Trading has organized dealer meet on September 20. The program was attended by nationwide dealers of Exide where they were awarded with various prizes on the basis of sales they made. The dealers were honored with Platinum, Silver and Gold performer award on the categories of automot',
			'content' => '<p>September 23: Exide division of Sipradi Trading has organized dealer meet on September 20. The program was attended by nationwide dealers of Exide where they were awarded with various prizes on the basis of sales they made. The dealers were honored with Platinum, Silver and Gold performer award on the categories of automotive, inverter and motorcycle.&nbsp;</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2016-09-23',
			'modified' => '2016-09-23',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4318',
			'image' => '20160923105554_exide.jpg',
			'article_date' => '2016-09-23 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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		'Article' => array(
			'id' => '4486',
			'article_category_id' => '1',
			'title' => 'TATA Tiago Launched in Pokhara',
			'sub_title' => '',
			'summary' => 'September 23: Sipradi Trading, the authorised distributor of TATA motors for Nepal has launched TATA’s new sporty hatchback Tiago in Pokhara. According to the company, the new car engineered with modern design and dynamic driving comfort is priced from Rs 2,255,000. The car powered by Revotron 1.2 petrol engine',
			'content' => '<p style="text-align: justify;">September 23: Sipradi Trading, the authorised distributor of TATA motors for Nepal has launched TATA&rsquo;s new sporty hatchback Tiago in Pokhara. According to the company, the new car engineered with modern design and dynamic driving comfort is priced from Rs 2,255,000. The car powered by Revotron 1.2 petrol engine is available in striker blue, berry red, sunburst orange, expresso brown, pearl-set white and platin.</p>

<p style="text-align: justify;"><br />
The new product offers interior decoration with harmony, dual tone interior with layered design theme. Similarly, it features customizable air vents and fabric premium graphics.&nbsp;</p>

<p style="text-align: justify;"><br />
Ram Krishna Gyawali, President of Federation of Reporters&rsquo;, Kaski has unveiled the new car amid a program organized on September 21 at Pokhara. Niraj Maharjan, Dealer Developer Officer of Sipradi informed that the customers can use TATA Motors Connect Mobile application to get information regarding fast-track service and 24 hours customer service.&nbsp;</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2016-09-23',
			'modified' => '2016-09-23',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4317',
			'image' => '20160923104355_tata tiago.jpg',
			'article_date' => '2016-09-23 00:00:00',
			'homepage' => false,
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		'Article' => array(
			'id' => '4485',
			'article_category_id' => '1',
			'title' => 'Sagarmatha Cement  Contractors Meet Concludes',
			'sub_title' => '',
			'summary' => 'September 23: Sagarmatha cement manufactured by Ghorahi Cement has concluded its contractors meet in Hyatt Regency, Kathmandu on September 21. Issuing',
			'content' => '<p style="text-align:justify">September 23: Sagarmatha cement manufactured by Ghorahi Cement has concluded its contractors meet in Hyatt Regency, Kathmandu on September 21. Issuing a press statement, the company informed that the program had gracious presence of Indira Joshi along with her entertaining performance and more than 100 contractors from all across the nation were present in the program.</p>

<p style="text-align:justify"><br />
According to the statement, engaging games were also played in the program.Certificate of Appreciation and gift hamperswere presented to the contractors who has supported Ghorahi including Hotel Meriot, Api Power Company and Soaltee Sibkrim Hotels &amp; Resorts. Similarly, Worldwide Construction, United Concrete and Contech were declared first, second and third lucky winners in the program through lucky draw.&nbsp;</p>

<p style="text-align:justify"><br />
&ldquo;Sagarmatha Cement is getting much appreciation and popularity as we are able to produce international quality cement locally,&rdquo; said Aditya Saraf, Head of Sales.</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2016-09-23',
			'modified' => '2016-09-23',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4316',
			'image' => '20160923103546_sagarmatha.jpg',
			'article_date' => '2016-09-23 00:00:00',
			'homepage' => false,
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		'Article' => array(
			'id' => '4484',
			'article_category_id' => '1',
			'title' => 'Nawal’s Deluxe Buses Start Operation',
			'sub_title' => '',
			'summary' => 'September 22: Nawal Tours and Travels is operating AC deluxe bus from September 22. Nawal is operating two buses daily for Pokhara-Kathmandu under the Prithivi Hi',
			'content' => '<p style="text-align:justify">September 22: Nawal Tours and Travels is operating AC deluxe bus service from September 22. Nawal is operating two buses daily for Pokhara-Kathmandu under the Prithivi Highway Bus Entrepreneur Committee. &ldquo;The bus will leave from Chorepatan Hotel David Falls view,&rdquo; informed Dharma Raj Aryal, Managing Director. The bus will leave every morning at 7:15 am.</p>

<p style="text-align:justify"><br />
&ldquo;With an objective to make transportation service more convenient and advance, we are operating the bus,&rdquo; said Aryal, adding, &ldquo;The bus will run smoothly at uneven road as well and can be travel easily.&rdquo; According to Aryal, Rs 10.50 million of investment of has been made. The 31 seated bus will also have Wi-Fi facility.&nbsp;</p>

<p style="text-align:justify"><br />
Nawal in cooperation with Modern Era Tours and travels is also operating Pokhara-Delhi bus services.<br />
&nbsp;</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2016-09-22',
			'modified' => '2016-09-23',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4315',
			'image' => '20160922042858_coca cola.jpg',
			'article_date' => '2016-09-22 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 5 => array(
		'Article' => array(
			'id' => '4483',
			'article_category_id' => '1',
			'title' => 'Coca Cola Unveils New Label',
			'sub_title' => '',
			'summary' => 'September 22: The multinational company Coca Cola has unveiled new label pack with 15 new messages amid a program organised in the capital. The company has announced of new',
			'content' => '<p style="text-align:justify">September 22: The multinational company Coca Cola has unveiled new label pack with 15 new messages amid a program organised in the capital. The company has announced of new campaign called &lsquo;Mann Kholau Coke Sanga&rsquo; to exchange message with loved one.</p>

<p style="text-align:justify"><br />
&ldquo;The campaign will help to connect with different traditional relations such as father and mother, daughter and son, brother and sister and friends,&rdquo; said Alok Kohli, Director Asia Pacific. He continued saying, &ldquo;We hope our consumers will take special message included Coca Cola and will gift to their loved one.&rdquo;</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2016-09-22',
			'modified' => '2016-09-22',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4314',
			'image' => '20160922014041_coca.jpg',
			'article_date' => '2016-09-22 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
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		'Article' => array(
			'id' => '4482',
			'article_category_id' => '1',
			'title' => 'Joint Transaction of Garima and Subechha Bikas Bank Commences',
			'sub_title' => '',
			'summary' => 'September 22: Garima Bikas Bank, headquartered in Pokhara and Subechha Bikas Bank, headquartered in Chitawan has started joint transaction from September 20. Chiranjibi Nepal, Governer of Nepal Rastra Bank (NRB) inaugurated the joint transaction amid a program.',
			'content' => '<p style="text-align:justify">September 22: Garima Bikas Bank, headquartered in Pokhara and Subechha Bikas Bank, headquartered in Chitawan has started joint transaction from September 20. Chiranjibi Nepal, Governer of Nepal Rastra Bank (NRB) inaugurated the joint transaction amid a program.</p>

<p style="text-align:justify">According to Govinda Dhakal, CEO of Garima Bikas Bank, the paid-up capital will reach Rs 1.08 billion after the merger between national standard Garima Bikas Bank and Subechha Bikas Bank, operating in three districts. The name of joint entity will be Garima Bikas Bank after the merger.</p>

<p style="text-align:justify">Dhakal informed that the deposit collection and investment of the bank after the merger will reach Rs 11.6 billion and Rs 10.6 billion respectively. Presently, the bank has 37 branches and nine ATMs. &nbsp;Earlier, the bank had merged with Nilgiri Bikas Bank, headquartered in Beni, Myagdi last year. The bank made merger as first medium in order to increase paid-up capital as per the Nepal Rastra Bank (NRB) directive. Dhakal said, &ldquo;The bank is still open for more mergers till it meet the minimum paid-up capital. In case of no merger, the bank aims to meet the capital of Rs 2.5 billion through issuing right share.&rdquo; The merged entity has Dilip Pratap Khand as Chairman whereas Chadrakant Baral, Shyam Prasad Basyal, Ananda Prasad Shrestha, Keshav Raj Dhaka, Bimal Pandey and Sanjiv Dhakal have been appointed as directors of the bank.</p>
',
			'published' => true,
			'created' => '2016-09-22',
			'modified' => '2016-09-22',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4313',
			'image' => '20160922125234_garima.jpg',
			'article_date' => '2016-09-22 00:00:00',
			'homepage' => false,
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		'Article' => array(
			'id' => '4481',
			'article_category_id' => '1',
			'title' => 'Sidhhartha Bank Provides Financial Support to School',
			'sub_title' => '',
			'summary' => 'September 22: Siddhartha Bank has provided financial assistance to Shree Prabhat Secondary School of Palung Mainadi -3, Palpa, as a part of its Corporate Social Responsibility initiative. The assistance was offered for arranging necessary educational materials for the upcoming Junior Technical Assistant (JTA) Course in Agricu',
			'content' => '<p style="text-align: justify;">September 22: Siddhartha Bank has provided financial assistance to Shree Prabhat Secondary School of Palung Mainadi -3, Palpa, as a part of its Corporate Social Responsibility initiative. The assistance was offered for arranging necessary educational materials for the upcoming Junior Technical Assistant (JTA) Course in Agriculture, to be offered by the school. Sher Bahadur Budhathoki, Deputy General Manager of the Bank handed over cheque of Rs 100,000 to Dul Bahadur Kunwar, Chairman of the Advisory Committee of the School, at the Bank&rsquo;s Head Office, Hattisar.</p>
',
			'published' => true,
			'created' => '2016-09-22',
			'modified' => '2016-09-22',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4312',
			'image' => '20160922123920_siddhartha.jpg',
			'article_date' => '2016-09-22 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 8 => array(
		'Article' => array(
			'id' => '4480',
			'article_category_id' => '1',
			'title' => 'Tinau Bikas Bank Provides Insurance Amount',
			'sub_title' => '',
			'summary' => 'September 22: Tinau Bikas Bank has handed over insurance claim amount of Rs 100,000 to Harimaya Panth, wife of Late Kamal Prasad Panth. Panth who had opene',
			'content' => '<p style="text-align:justify">September 22: Tinau Bikas Bank has handed over insurance claim amount of Rs 100,000 to Harimaya Panth, wife of Late Kamal Prasad Panth. Panth who had opened employee saving fund in the bank passed way due to accident. Khim Lal Puri, Manager of Ramapur branch of the bank handed over the insurance amount to Mrs Panth. The bank has arranged the facility to provide upto Rs 100,000 for accident insurance to the customers opening employee saving fund and pension saving fund in the bank.&nbsp;</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2016-09-22',
			'modified' => '2016-09-22',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4311',
			'image' => '20160922123615_tinau.jpg',
			'article_date' => '2016-09-22 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 9 => array(
		'Article' => array(
			'id' => '4479',
			'article_category_id' => '1',
			'title' => 'Maharjan Appointed as Brand Ambassador of Yeti Devt Bank',
			'sub_title' => '',
			'summary' => 'September 22: Yeti Development Bank has appointed Maheswor Maharjan, gold medal winner of 50th Asian Championship for body building as brand ambassador. The bank appointed him as its brand ambassador for two years in a bid to honor and motivate the athlete. ',
			'content' => '<p style="text-align: justify;">September 22: Yeti Development Bank has appointed Maheswor Maharjan, gold medal winner of 50th Asian Championship for body building as brand ambassador. The bank appointed him as its brand ambassador for two years in a bid to honor and motivate the athlete.&nbsp;</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2016-09-22',
			'modified' => '2016-09-22',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4310',
			'image' => '20160922122703_yeti.jpg',
			'article_date' => '2016-09-22 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 10 => array(
		'Article' => array(
			'id' => '4478',
			'article_category_id' => '1',
			'title' => 'Remit Agreement between Citizens Bank and Overseas Remit',
			'sub_title' => '',
			'summary' => 'September 22: Citizens Bank International and Overseas Remit entered into an agreement reagarding payment of remittance. Ram Dhan Shrestha, Assistant CEO of the bank and Bhusan Ghimire and Roshan KC, Directors and Japanese representatives of the Remit signed an agreement paper on this regard. Under the agr',
			'content' => '<p style="text-align: justify;">September 22: Citizens Bank International and Overseas Remit entered into an agreement reagarding payment of remittance. Ram Dhan Shrestha, Assistant CEO of the bank and Bhusan Ghimire and Roshan KC, Directors and Japanese representatives of the Remit signed an agreement paper on this regard. Under the agreement, Nepalis residing in Japan can transfer money through Overseas Remit and can receive payment through all branches of the Citizens bank.&nbsp;</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2016-09-22',
			'modified' => '2016-09-22',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4309',
			'image' => '20160922122353_citizens.jpg',
			'article_date' => '2016-09-22 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
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	(int) 11 => array(
		'Article' => array(
			'id' => '4477',
			'article_category_id' => '1',
			'title' => 'Create Investor Friendly Environment: SEBON ',
			'sub_title' => '',
			'summary' => 'September 22: Securities Board of Nepal (SEBON) has yet again taken a step to address complaints of investors. SEBON has directed merchant bankers to facilitate investors with online application submission while issuing new and right shares. The program initiated by SEBON consists of various sub-programs that will eas',
			'content' => '<p>September 22: Securities Board of Nepal (SEBON) has yet again taken a step to address complaints of investors. SEBON has directed merchant bankers to facilitate investors with online application submission while issuing new and right shares. The program initiated by SEBON consists of various sub-programs that will ease elder, differently-able and women investors.</p>

<p>The regulatory body has directed merchant bankers to increase the number of share application collection centres. It has also directed central depositary and collection corporation (CDSC) to include bank account mandatorily while opening demat account. Similarly, it has directed listed companies to transfer to be distributed cash dividend in the shareholders&rsquo; respective bank accounts.</p>

<p>The SEBON has directed merchant bankers to set up adequate application collection counters in all regions of the country considering the size of the economy and population. It has also directed them to set up separate counters for women, differently-able and elderly investors. It also has requested them to facilitate investors to download and submit right shares application through website viewing the accessibility of the investors.</p>

<p>Similarly, the board has suggested of providing one full share for the fractional share earned by investors on the payment of short amount. While some institutions have already had the provision, many of the institutions lack such provision. In the recent days, SEBON has been receiving complaints from general investors about inability to obtain shares from the accumulated fractional shares they own over the period. Addressing the complaints, the board has directed the institutions to provide full shares for the fractional shares with the payment of short amount. By doing this, if the company&rsquo;s share structure tends to change then the company will have to amend its article of association and regulation and get endorsed by the SEBON and annual general meeting.</p>

<p>Likewise, SEBON has directed related institutions to form the mechanism so that to facilitate investors of applying right shares of both physical and demat shares from one single application form. Merchant bankers will have to form a mechanism under which one account payee cheque will be sufficient while applying shares for a family. While persons unidentifiable as a family member will have to trade through separate cheques.</p>

<p>Moreover, according to SEBON, issue managers will have construct the organised infrastructure for the collection of share applications. Presently, investors need to queue long distance in order to submit application and recover their money due to lack of manpower and adequate infrastructure in merchant banks. The board has instructed merchant banks to use certain percentage of profit for manpower and infrastructure development and inform board on that regard. The board has also directed the merchant banks to train their human resource so as to give effective services to the service seekers. Additionally, it has directed them to compensate their manpower as per the regulations.</p>

<p><strong>Plus</strong></p>

<p>SEBON has directed companies initiate share transaction of merged companies within 15 days. Presently, due to merger procedure of listed companies, investors&rsquo; share trading right is halted for months. Investors have not been able to trade the shares they own for two /three months even after start of joint transaction of the merged companies.&nbsp;&nbsp; &ldquo;Share trading of the merged entity in the secondary market should be started along with the start of the joint transaction of the companies. If it is not possible, then it must commence within 15 days,&rdquo; said SEBON.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-09-22',
			'modified' => '2016-09-22',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4308',
			'image' => '20160922121316_sebon.JPG',
			'article_date' => '2016-09-22 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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	(int) 12 => array(
		'Article' => array(
			'id' => '4476',
			'article_category_id' => '1',
			'title' => 'Arc International’s Glassware and Opalware in Nepali Market',
			'sub_title' => '',
			'summary' => 'September 21: International Distributors, the authorised distributor of France based household manufacturing company Arc International has introduced products of Arc in the',
			'content' => '<p style="text-align: justify;">September 21:&nbsp;International Distributors, the authorised distributor of France based household manufacturing company Arc International has introduced products of Arc in the Nepali market. The company has unveiled glassware and opalware products of Arc International that are used for drinks and dining.</p>

<p style="text-align: justify;">There are various brands of Arc International such as Luminarc, Endura, Crystal De Arc, Arcoroc and Chef and Sommelier. According to the company, the wine and creative cuisines of Luminarc are very stylish and innovative. Similarly, the products are designed according to habits and choices of the customers, informs the company.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-09-21',
			'modified' => '2016-09-21',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4307',
			'image' => '20160921044656_arc.jpg',
			'article_date' => '2016-09-21 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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		'Article' => array(
			'id' => '4475',
			'article_category_id' => '1',
			'title' => 'New Range of Sony 4K HDR Android TV in the Market',
			'sub_title' => '',
			'summary' => 'September 21: Japanese TV maker Sony has launched new range of 4K HDR Android TV in the Nepali market. Nepa Hima Trade Link, the authorised distributor of Sony TV's in Nepal, unveiled the HDR lineup includin',
			'content' => '<p style="text-align: justify;">September 21:&nbsp;Japanese TV maker Sony has launched new range of 4K HDR Android TV in the Nepali market. Nepa Hima Trade Link, the authorised distributor of Sony TV&#39;s in Nepal, unveiled the HDR lineup including X93D series, 4K HDR TV range and Internet and xtra PRO series under the full HD category.</p>

<p style="text-align: justify;">&quot;The new range of Sony 4K HDR Android TV has a burgeoning video standard that greatly expands the range of possible visual expression by reproducing higher brightness, higher contrast and more vibrant colours,&quot; the company said in the press statement. According to the company, Sony&#39;s new slim Backlight Drive technology with a new grid-array backlighting structure further allows X-tended Dynamic Range PRO technology to boost peak brightness and black levels more precisely and enhance contrast levels, while maintaining a slim form factor.</p>

<p style="text-align: justify;">&ldquo;The newly launched BRAVIA lineup will support the new Android 6.0 Marshmallow that will help the customers enjoy expandable storage space with USB drive allowing to download more applications on TV,&rdquo; the statement added.</p>

<p style="text-align: justify;">Sony is planning to unveil its new R3D series soon which is equipped with X-Protection PRO feature for safe reliable performance. The company also informed that the R326D model can be operated by power-bank as well in addition to car battery.</p>
',
			'published' => true,
			'created' => '2016-09-21',
			'modified' => '2016-09-21',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4306',
			'image' => '20160921044524_sony.jpg',
			'article_date' => '2016-09-21 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 14 => array(
		'Article' => array(
			'id' => '4474',
			'article_category_id' => '1',
			'title' => '8th Edition of The Coca-Cola Cup 2073 Concludes',
			'sub_title' => '',
			'summary' => 'September 21: The Coca-Cola Cup 2073 edition organized by Coca-Cola Nepal, All Nepal Football Association (ANFA) and the Ministry of Youth & Sport has successfully concluded on September 20 in Kathmandu. ',
			'content' => '<p style="text-align:justify">September 21: The Coca-Cola Cup 2073 edition organized by Coca-Cola Nepal, All Nepal Football Association (ANFA) and the Ministry of Youth &amp; Sport has successfully concluded on September 20 in Kathmandu.&nbsp;</p>

<p style="text-align:justify">Issuing a press statement, it has been informed that the largest grassroots level school tournament in the country announced the winner of the competition and awarded the winners and participants in a special ceremony. Chuli Higher secondary school of Jhapa from boys and Durga Higher Secondary School of Rautahat from girls was the winner of The Coca-Cola Cup 2073 edition. There was a friendly match between differently-abled women, during the finals of the Coca-Cola Cup for the first time ever in the spirit of fair play and inclusion.&nbsp;</p>

<p style="text-align:justify">According to the statement, the winners were announced and prize and certificates were distributed by Mahesh Prasad Dahal, the chief guest of the ceremony in the ANFA Complex on September 20.</p>

<p style="text-align:justify">&ldquo;Around 2,000 students representing 112 schools participated in the boys&rsquo; category. The tournament was organized in 43 districts affiliated to ANFA, featuring at least 30 schools from each district. The winners of the boys category received Rs 300,000 while the first, second and third runners-up were awarded with Rs 150,000, Rs 75,000 and Rs 50,000 respectively. There were also individual awards for the Best Goalkeeper, Best Defender, Best Midfielder and Best Forward,&rdquo; reads the statement.</p>
',
			'published' => true,
			'created' => '2016-09-21',
			'modified' => '2016-09-21',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4305',
			'image' => '20160921013100_coca.jpg',
			'article_date' => '2016-09-21 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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			'in_scroller' => false,
			'user_id' => '16'
		)
	)
)
$current_user = null
$logged_in = false
include - APP/View/Elements/side_bar.ctp, line 60
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/index.ctp, line 157
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117

Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity &quot;&quot; [APP/View/Elements/side_bar.ctp, line 60]
Code Context
//    $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/indexdata.xml';



    if(!$xml = simplexml_load_file($file)){
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
	'articles' => array(
		(int) 0 => array(
			'Article' => array(
				[maximum depth reached]
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		(int) 1 => array(
			'Article' => array(
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			'Article' => array(
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			'Article' => array(
				[maximum depth reached]
			)
		),
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			'Article' => array(
				[maximum depth reached]
			)
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			'Article' => array(
				[maximum depth reached]
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		),
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			'Article' => array(
				[maximum depth reached]
			)
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			'Article' => array(
				[maximum depth reached]
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			'Article' => array(
				[maximum depth reached]
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			'Article' => array(
				[maximum depth reached]
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			'Article' => array(
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				[maximum depth reached]
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$articles = array(
	(int) 0 => array(
		'Article' => array(
			'id' => '4488',
			'article_category_id' => '1',
			'title' => 'Global IME Starts 2 BLB Service Units in Kailali',
			'sub_title' => '',
			'summary' => 'September 23: Global IME Bank has started operation of additional two branchless banking services in Kailali District. The bank in collaboration with UKaid’s Sakch',
			'content' => '<p style="text-align:justify">September 23: Global IME Bank has started operation of additional two branchless banking services in Kailali District. The bank in collaboration with UKaid&rsquo;s Sakchyam Access to Finance has started branchless banking services at Olani-6, Godawari and Solta-7, Sugaarkhaal. Prasanna Banskota, Chief of Marketing Management and Business Promotion Department of the bank inaugurated the branchless banking services by handing over certificate and machinery to the Business Representatives.</p>

<p style="text-align:justify">The bank has appointed locals Nabin Bahadur Singh and Hiradevi Jaisi for Olani and Solta as Business Representatives. With the openings, the number of branchless banking services has reached 44.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-09-23',
			'modified' => '2016-09-23',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4319',
			'image' => '20160923111020_global.jpg',
			'article_date' => '2016-09-23 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 1 => array(
		'Article' => array(
			'id' => '4487',
			'article_category_id' => '1',
			'title' => 'EXIDE’s Dealer Meet',
			'sub_title' => '',
			'summary' => 'September 23: Exide division of Sipradi Trading has organized dealer meet on September 20. The program was attended by nationwide dealers of Exide where they were awarded with various prizes on the basis of sales they made. The dealers were honored with Platinum, Silver and Gold performer award on the categories of automot',
			'content' => '<p>September 23: Exide division of Sipradi Trading has organized dealer meet on September 20. The program was attended by nationwide dealers of Exide where they were awarded with various prizes on the basis of sales they made. The dealers were honored with Platinum, Silver and Gold performer award on the categories of automotive, inverter and motorcycle.&nbsp;</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2016-09-23',
			'modified' => '2016-09-23',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4318',
			'image' => '20160923105554_exide.jpg',
			'article_date' => '2016-09-23 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 2 => array(
		'Article' => array(
			'id' => '4486',
			'article_category_id' => '1',
			'title' => 'TATA Tiago Launched in Pokhara',
			'sub_title' => '',
			'summary' => 'September 23: Sipradi Trading, the authorised distributor of TATA motors for Nepal has launched TATA’s new sporty hatchback Tiago in Pokhara. According to the company, the new car engineered with modern design and dynamic driving comfort is priced from Rs 2,255,000. The car powered by Revotron 1.2 petrol engine',
			'content' => '<p style="text-align: justify;">September 23: Sipradi Trading, the authorised distributor of TATA motors for Nepal has launched TATA&rsquo;s new sporty hatchback Tiago in Pokhara. According to the company, the new car engineered with modern design and dynamic driving comfort is priced from Rs 2,255,000. The car powered by Revotron 1.2 petrol engine is available in striker blue, berry red, sunburst orange, expresso brown, pearl-set white and platin.</p>

<p style="text-align: justify;"><br />
The new product offers interior decoration with harmony, dual tone interior with layered design theme. Similarly, it features customizable air vents and fabric premium graphics.&nbsp;</p>

<p style="text-align: justify;"><br />
Ram Krishna Gyawali, President of Federation of Reporters&rsquo;, Kaski has unveiled the new car amid a program organized on September 21 at Pokhara. Niraj Maharjan, Dealer Developer Officer of Sipradi informed that the customers can use TATA Motors Connect Mobile application to get information regarding fast-track service and 24 hours customer service.&nbsp;</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2016-09-23',
			'modified' => '2016-09-23',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4317',
			'image' => '20160923104355_tata tiago.jpg',
			'article_date' => '2016-09-23 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
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	(int) 3 => array(
		'Article' => array(
			'id' => '4485',
			'article_category_id' => '1',
			'title' => 'Sagarmatha Cement  Contractors Meet Concludes',
			'sub_title' => '',
			'summary' => 'September 23: Sagarmatha cement manufactured by Ghorahi Cement has concluded its contractors meet in Hyatt Regency, Kathmandu on September 21. Issuing',
			'content' => '<p style="text-align:justify">September 23: Sagarmatha cement manufactured by Ghorahi Cement has concluded its contractors meet in Hyatt Regency, Kathmandu on September 21. Issuing a press statement, the company informed that the program had gracious presence of Indira Joshi along with her entertaining performance and more than 100 contractors from all across the nation were present in the program.</p>

<p style="text-align:justify"><br />
According to the statement, engaging games were also played in the program.Certificate of Appreciation and gift hamperswere presented to the contractors who has supported Ghorahi including Hotel Meriot, Api Power Company and Soaltee Sibkrim Hotels &amp; Resorts. Similarly, Worldwide Construction, United Concrete and Contech were declared first, second and third lucky winners in the program through lucky draw.&nbsp;</p>

<p style="text-align:justify"><br />
&ldquo;Sagarmatha Cement is getting much appreciation and popularity as we are able to produce international quality cement locally,&rdquo; said Aditya Saraf, Head of Sales.</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2016-09-23',
			'modified' => '2016-09-23',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4316',
			'image' => '20160923103546_sagarmatha.jpg',
			'article_date' => '2016-09-23 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 4 => array(
		'Article' => array(
			'id' => '4484',
			'article_category_id' => '1',
			'title' => 'Nawal’s Deluxe Buses Start Operation',
			'sub_title' => '',
			'summary' => 'September 22: Nawal Tours and Travels is operating AC deluxe bus from September 22. Nawal is operating two buses daily for Pokhara-Kathmandu under the Prithivi Hi',
			'content' => '<p style="text-align:justify">September 22: Nawal Tours and Travels is operating AC deluxe bus service from September 22. Nawal is operating two buses daily for Pokhara-Kathmandu under the Prithivi Highway Bus Entrepreneur Committee. &ldquo;The bus will leave from Chorepatan Hotel David Falls view,&rdquo; informed Dharma Raj Aryal, Managing Director. The bus will leave every morning at 7:15 am.</p>

<p style="text-align:justify"><br />
&ldquo;With an objective to make transportation service more convenient and advance, we are operating the bus,&rdquo; said Aryal, adding, &ldquo;The bus will run smoothly at uneven road as well and can be travel easily.&rdquo; According to Aryal, Rs 10.50 million of investment of has been made. The 31 seated bus will also have Wi-Fi facility.&nbsp;</p>

<p style="text-align:justify"><br />
Nawal in cooperation with Modern Era Tours and travels is also operating Pokhara-Delhi bus services.<br />
&nbsp;</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2016-09-22',
			'modified' => '2016-09-23',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4315',
			'image' => '20160922042858_coca cola.jpg',
			'article_date' => '2016-09-22 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 5 => array(
		'Article' => array(
			'id' => '4483',
			'article_category_id' => '1',
			'title' => 'Coca Cola Unveils New Label',
			'sub_title' => '',
			'summary' => 'September 22: The multinational company Coca Cola has unveiled new label pack with 15 new messages amid a program organised in the capital. The company has announced of new',
			'content' => '<p style="text-align:justify">September 22: The multinational company Coca Cola has unveiled new label pack with 15 new messages amid a program organised in the capital. The company has announced of new campaign called &lsquo;Mann Kholau Coke Sanga&rsquo; to exchange message with loved one.</p>

<p style="text-align:justify"><br />
&ldquo;The campaign will help to connect with different traditional relations such as father and mother, daughter and son, brother and sister and friends,&rdquo; said Alok Kohli, Director Asia Pacific. He continued saying, &ldquo;We hope our consumers will take special message included Coca Cola and will gift to their loved one.&rdquo;</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2016-09-22',
			'modified' => '2016-09-22',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4314',
			'image' => '20160922014041_coca.jpg',
			'article_date' => '2016-09-22 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 6 => array(
		'Article' => array(
			'id' => '4482',
			'article_category_id' => '1',
			'title' => 'Joint Transaction of Garima and Subechha Bikas Bank Commences',
			'sub_title' => '',
			'summary' => 'September 22: Garima Bikas Bank, headquartered in Pokhara and Subechha Bikas Bank, headquartered in Chitawan has started joint transaction from September 20. Chiranjibi Nepal, Governer of Nepal Rastra Bank (NRB) inaugurated the joint transaction amid a program.',
			'content' => '<p style="text-align:justify">September 22: Garima Bikas Bank, headquartered in Pokhara and Subechha Bikas Bank, headquartered in Chitawan has started joint transaction from September 20. Chiranjibi Nepal, Governer of Nepal Rastra Bank (NRB) inaugurated the joint transaction amid a program.</p>

<p style="text-align:justify">According to Govinda Dhakal, CEO of Garima Bikas Bank, the paid-up capital will reach Rs 1.08 billion after the merger between national standard Garima Bikas Bank and Subechha Bikas Bank, operating in three districts. The name of joint entity will be Garima Bikas Bank after the merger.</p>

<p style="text-align:justify">Dhakal informed that the deposit collection and investment of the bank after the merger will reach Rs 11.6 billion and Rs 10.6 billion respectively. Presently, the bank has 37 branches and nine ATMs. &nbsp;Earlier, the bank had merged with Nilgiri Bikas Bank, headquartered in Beni, Myagdi last year. The bank made merger as first medium in order to increase paid-up capital as per the Nepal Rastra Bank (NRB) directive. Dhakal said, &ldquo;The bank is still open for more mergers till it meet the minimum paid-up capital. In case of no merger, the bank aims to meet the capital of Rs 2.5 billion through issuing right share.&rdquo; The merged entity has Dilip Pratap Khand as Chairman whereas Chadrakant Baral, Shyam Prasad Basyal, Ananda Prasad Shrestha, Keshav Raj Dhaka, Bimal Pandey and Sanjiv Dhakal have been appointed as directors of the bank.</p>
',
			'published' => true,
			'created' => '2016-09-22',
			'modified' => '2016-09-22',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4313',
			'image' => '20160922125234_garima.jpg',
			'article_date' => '2016-09-22 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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			'in_scroller' => false,
			'user_id' => '16'
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	(int) 7 => array(
		'Article' => array(
			'id' => '4481',
			'article_category_id' => '1',
			'title' => 'Sidhhartha Bank Provides Financial Support to School',
			'sub_title' => '',
			'summary' => 'September 22: Siddhartha Bank has provided financial assistance to Shree Prabhat Secondary School of Palung Mainadi -3, Palpa, as a part of its Corporate Social Responsibility initiative. The assistance was offered for arranging necessary educational materials for the upcoming Junior Technical Assistant (JTA) Course in Agricu',
			'content' => '<p style="text-align: justify;">September 22: Siddhartha Bank has provided financial assistance to Shree Prabhat Secondary School of Palung Mainadi -3, Palpa, as a part of its Corporate Social Responsibility initiative. The assistance was offered for arranging necessary educational materials for the upcoming Junior Technical Assistant (JTA) Course in Agriculture, to be offered by the school. Sher Bahadur Budhathoki, Deputy General Manager of the Bank handed over cheque of Rs 100,000 to Dul Bahadur Kunwar, Chairman of the Advisory Committee of the School, at the Bank&rsquo;s Head Office, Hattisar.</p>
',
			'published' => true,
			'created' => '2016-09-22',
			'modified' => '2016-09-22',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4312',
			'image' => '20160922123920_siddhartha.jpg',
			'article_date' => '2016-09-22 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 8 => array(
		'Article' => array(
			'id' => '4480',
			'article_category_id' => '1',
			'title' => 'Tinau Bikas Bank Provides Insurance Amount',
			'sub_title' => '',
			'summary' => 'September 22: Tinau Bikas Bank has handed over insurance claim amount of Rs 100,000 to Harimaya Panth, wife of Late Kamal Prasad Panth. Panth who had opene',
			'content' => '<p style="text-align:justify">September 22: Tinau Bikas Bank has handed over insurance claim amount of Rs 100,000 to Harimaya Panth, wife of Late Kamal Prasad Panth. Panth who had opened employee saving fund in the bank passed way due to accident. Khim Lal Puri, Manager of Ramapur branch of the bank handed over the insurance amount to Mrs Panth. The bank has arranged the facility to provide upto Rs 100,000 for accident insurance to the customers opening employee saving fund and pension saving fund in the bank.&nbsp;</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2016-09-22',
			'modified' => '2016-09-22',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4311',
			'image' => '20160922123615_tinau.jpg',
			'article_date' => '2016-09-22 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 9 => array(
		'Article' => array(
			'id' => '4479',
			'article_category_id' => '1',
			'title' => 'Maharjan Appointed as Brand Ambassador of Yeti Devt Bank',
			'sub_title' => '',
			'summary' => 'September 22: Yeti Development Bank has appointed Maheswor Maharjan, gold medal winner of 50th Asian Championship for body building as brand ambassador. The bank appointed him as its brand ambassador for two years in a bid to honor and motivate the athlete. ',
			'content' => '<p style="text-align: justify;">September 22: Yeti Development Bank has appointed Maheswor Maharjan, gold medal winner of 50th Asian Championship for body building as brand ambassador. The bank appointed him as its brand ambassador for two years in a bid to honor and motivate the athlete.&nbsp;</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2016-09-22',
			'modified' => '2016-09-22',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4310',
			'image' => '20160922122703_yeti.jpg',
			'article_date' => '2016-09-22 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 10 => array(
		'Article' => array(
			'id' => '4478',
			'article_category_id' => '1',
			'title' => 'Remit Agreement between Citizens Bank and Overseas Remit',
			'sub_title' => '',
			'summary' => 'September 22: Citizens Bank International and Overseas Remit entered into an agreement reagarding payment of remittance. Ram Dhan Shrestha, Assistant CEO of the bank and Bhusan Ghimire and Roshan KC, Directors and Japanese representatives of the Remit signed an agreement paper on this regard. Under the agr',
			'content' => '<p style="text-align: justify;">September 22: Citizens Bank International and Overseas Remit entered into an agreement reagarding payment of remittance. Ram Dhan Shrestha, Assistant CEO of the bank and Bhusan Ghimire and Roshan KC, Directors and Japanese representatives of the Remit signed an agreement paper on this regard. Under the agreement, Nepalis residing in Japan can transfer money through Overseas Remit and can receive payment through all branches of the Citizens bank.&nbsp;</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2016-09-22',
			'modified' => '2016-09-22',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4309',
			'image' => '20160922122353_citizens.jpg',
			'article_date' => '2016-09-22 00:00:00',
			'homepage' => false,
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	(int) 11 => array(
		'Article' => array(
			'id' => '4477',
			'article_category_id' => '1',
			'title' => 'Create Investor Friendly Environment: SEBON ',
			'sub_title' => '',
			'summary' => 'September 22: Securities Board of Nepal (SEBON) has yet again taken a step to address complaints of investors. SEBON has directed merchant bankers to facilitate investors with online application submission while issuing new and right shares. The program initiated by SEBON consists of various sub-programs that will eas',
			'content' => '<p>September 22: Securities Board of Nepal (SEBON) has yet again taken a step to address complaints of investors. SEBON has directed merchant bankers to facilitate investors with online application submission while issuing new and right shares. The program initiated by SEBON consists of various sub-programs that will ease elder, differently-able and women investors.</p>

<p>The regulatory body has directed merchant bankers to increase the number of share application collection centres. It has also directed central depositary and collection corporation (CDSC) to include bank account mandatorily while opening demat account. Similarly, it has directed listed companies to transfer to be distributed cash dividend in the shareholders&rsquo; respective bank accounts.</p>

<p>The SEBON has directed merchant bankers to set up adequate application collection counters in all regions of the country considering the size of the economy and population. It has also directed them to set up separate counters for women, differently-able and elderly investors. It also has requested them to facilitate investors to download and submit right shares application through website viewing the accessibility of the investors.</p>

<p>Similarly, the board has suggested of providing one full share for the fractional share earned by investors on the payment of short amount. While some institutions have already had the provision, many of the institutions lack such provision. In the recent days, SEBON has been receiving complaints from general investors about inability to obtain shares from the accumulated fractional shares they own over the period. Addressing the complaints, the board has directed the institutions to provide full shares for the fractional shares with the payment of short amount. By doing this, if the company&rsquo;s share structure tends to change then the company will have to amend its article of association and regulation and get endorsed by the SEBON and annual general meeting.</p>

<p>Likewise, SEBON has directed related institutions to form the mechanism so that to facilitate investors of applying right shares of both physical and demat shares from one single application form. Merchant bankers will have to form a mechanism under which one account payee cheque will be sufficient while applying shares for a family. While persons unidentifiable as a family member will have to trade through separate cheques.</p>

<p>Moreover, according to SEBON, issue managers will have construct the organised infrastructure for the collection of share applications. Presently, investors need to queue long distance in order to submit application and recover their money due to lack of manpower and adequate infrastructure in merchant banks. The board has instructed merchant banks to use certain percentage of profit for manpower and infrastructure development and inform board on that regard. The board has also directed the merchant banks to train their human resource so as to give effective services to the service seekers. Additionally, it has directed them to compensate their manpower as per the regulations.</p>

<p><strong>Plus</strong></p>

<p>SEBON has directed companies initiate share transaction of merged companies within 15 days. Presently, due to merger procedure of listed companies, investors&rsquo; share trading right is halted for months. Investors have not been able to trade the shares they own for two /three months even after start of joint transaction of the merged companies.&nbsp;&nbsp; &ldquo;Share trading of the merged entity in the secondary market should be started along with the start of the joint transaction of the companies. If it is not possible, then it must commence within 15 days,&rdquo; said SEBON.&nbsp;</p>
',
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			'created' => '2016-09-22',
			'modified' => '2016-09-22',
			'keywords' => '',
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			'sortorder' => '4308',
			'image' => '20160922121316_sebon.JPG',
			'article_date' => '2016-09-22 00:00:00',
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		'Article' => array(
			'id' => '4476',
			'article_category_id' => '1',
			'title' => 'Arc International’s Glassware and Opalware in Nepali Market',
			'sub_title' => '',
			'summary' => 'September 21: International Distributors, the authorised distributor of France based household manufacturing company Arc International has introduced products of Arc in the',
			'content' => '<p style="text-align: justify;">September 21:&nbsp;International Distributors, the authorised distributor of France based household manufacturing company Arc International has introduced products of Arc in the Nepali market. The company has unveiled glassware and opalware products of Arc International that are used for drinks and dining.</p>

<p style="text-align: justify;">There are various brands of Arc International such as Luminarc, Endura, Crystal De Arc, Arcoroc and Chef and Sommelier. According to the company, the wine and creative cuisines of Luminarc are very stylish and innovative. Similarly, the products are designed according to habits and choices of the customers, informs the company.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-09-21',
			'modified' => '2016-09-21',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4307',
			'image' => '20160921044656_arc.jpg',
			'article_date' => '2016-09-21 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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	(int) 13 => array(
		'Article' => array(
			'id' => '4475',
			'article_category_id' => '1',
			'title' => 'New Range of Sony 4K HDR Android TV in the Market',
			'sub_title' => '',
			'summary' => 'September 21: Japanese TV maker Sony has launched new range of 4K HDR Android TV in the Nepali market. Nepa Hima Trade Link, the authorised distributor of Sony TV's in Nepal, unveiled the HDR lineup includin',
			'content' => '<p style="text-align: justify;">September 21:&nbsp;Japanese TV maker Sony has launched new range of 4K HDR Android TV in the Nepali market. Nepa Hima Trade Link, the authorised distributor of Sony TV&#39;s in Nepal, unveiled the HDR lineup including X93D series, 4K HDR TV range and Internet and xtra PRO series under the full HD category.</p>

<p style="text-align: justify;">&quot;The new range of Sony 4K HDR Android TV has a burgeoning video standard that greatly expands the range of possible visual expression by reproducing higher brightness, higher contrast and more vibrant colours,&quot; the company said in the press statement. According to the company, Sony&#39;s new slim Backlight Drive technology with a new grid-array backlighting structure further allows X-tended Dynamic Range PRO technology to boost peak brightness and black levels more precisely and enhance contrast levels, while maintaining a slim form factor.</p>

<p style="text-align: justify;">&ldquo;The newly launched BRAVIA lineup will support the new Android 6.0 Marshmallow that will help the customers enjoy expandable storage space with USB drive allowing to download more applications on TV,&rdquo; the statement added.</p>

<p style="text-align: justify;">Sony is planning to unveil its new R3D series soon which is equipped with X-Protection PRO feature for safe reliable performance. The company also informed that the R326D model can be operated by power-bank as well in addition to car battery.</p>
',
			'published' => true,
			'created' => '2016-09-21',
			'modified' => '2016-09-21',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4306',
			'image' => '20160921044524_sony.jpg',
			'article_date' => '2016-09-21 00:00:00',
			'homepage' => false,
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	(int) 14 => array(
		'Article' => array(
			'id' => '4474',
			'article_category_id' => '1',
			'title' => '8th Edition of The Coca-Cola Cup 2073 Concludes',
			'sub_title' => '',
			'summary' => 'September 21: The Coca-Cola Cup 2073 edition organized by Coca-Cola Nepal, All Nepal Football Association (ANFA) and the Ministry of Youth & Sport has successfully concluded on September 20 in Kathmandu. ',
			'content' => '<p style="text-align:justify">September 21: The Coca-Cola Cup 2073 edition organized by Coca-Cola Nepal, All Nepal Football Association (ANFA) and the Ministry of Youth &amp; Sport has successfully concluded on September 20 in Kathmandu.&nbsp;</p>

<p style="text-align:justify">Issuing a press statement, it has been informed that the largest grassroots level school tournament in the country announced the winner of the competition and awarded the winners and participants in a special ceremony. Chuli Higher secondary school of Jhapa from boys and Durga Higher Secondary School of Rautahat from girls was the winner of The Coca-Cola Cup 2073 edition. There was a friendly match between differently-abled women, during the finals of the Coca-Cola Cup for the first time ever in the spirit of fair play and inclusion.&nbsp;</p>

<p style="text-align:justify">According to the statement, the winners were announced and prize and certificates were distributed by Mahesh Prasad Dahal, the chief guest of the ceremony in the ANFA Complex on September 20.</p>

<p style="text-align:justify">&ldquo;Around 2,000 students representing 112 schools participated in the boys&rsquo; category. The tournament was organized in 43 districts affiliated to ANFA, featuring at least 30 schools from each district. The winners of the boys category received Rs 300,000 while the first, second and third runners-up were awarded with Rs 150,000, Rs 75,000 and Rs 50,000 respectively. There were also individual awards for the Best Goalkeeper, Best Defender, Best Midfielder and Best Forward,&rdquo; reads the statement.</p>
',
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			'sortorder' => '4305',
			'image' => '20160921013100_coca.jpg',
			'article_date' => '2016-09-21 00:00:00',
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$current_user = null
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simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 60
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/index.ctp, line 157
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117

Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 133]
Code Context
  //  $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/subindexdata.xml';



    if(!$xml = simplexml_load_file($file)){
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
	'articles' => array(
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$articles = array(
	(int) 0 => array(
		'Article' => array(
			'id' => '4488',
			'article_category_id' => '1',
			'title' => 'Global IME Starts 2 BLB Service Units in Kailali',
			'sub_title' => '',
			'summary' => 'September 23: Global IME Bank has started operation of additional two branchless banking services in Kailali District. The bank in collaboration with UKaid’s Sakch',
			'content' => '<p style="text-align:justify">September 23: Global IME Bank has started operation of additional two branchless banking services in Kailali District. The bank in collaboration with UKaid&rsquo;s Sakchyam Access to Finance has started branchless banking services at Olani-6, Godawari and Solta-7, Sugaarkhaal. Prasanna Banskota, Chief of Marketing Management and Business Promotion Department of the bank inaugurated the branchless banking services by handing over certificate and machinery to the Business Representatives.</p>

<p style="text-align:justify">The bank has appointed locals Nabin Bahadur Singh and Hiradevi Jaisi for Olani and Solta as Business Representatives. With the openings, the number of branchless banking services has reached 44.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-09-23',
			'modified' => '2016-09-23',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4319',
			'image' => '20160923111020_global.jpg',
			'article_date' => '2016-09-23 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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	(int) 1 => array(
		'Article' => array(
			'id' => '4487',
			'article_category_id' => '1',
			'title' => 'EXIDE’s Dealer Meet',
			'sub_title' => '',
			'summary' => 'September 23: Exide division of Sipradi Trading has organized dealer meet on September 20. The program was attended by nationwide dealers of Exide where they were awarded with various prizes on the basis of sales they made. The dealers were honored with Platinum, Silver and Gold performer award on the categories of automot',
			'content' => '<p>September 23: Exide division of Sipradi Trading has organized dealer meet on September 20. The program was attended by nationwide dealers of Exide where they were awarded with various prizes on the basis of sales they made. The dealers were honored with Platinum, Silver and Gold performer award on the categories of automotive, inverter and motorcycle.&nbsp;</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2016-09-23',
			'modified' => '2016-09-23',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4318',
			'image' => '20160923105554_exide.jpg',
			'article_date' => '2016-09-23 00:00:00',
			'homepage' => false,
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		'Article' => array(
			'id' => '4486',
			'article_category_id' => '1',
			'title' => 'TATA Tiago Launched in Pokhara',
			'sub_title' => '',
			'summary' => 'September 23: Sipradi Trading, the authorised distributor of TATA motors for Nepal has launched TATA’s new sporty hatchback Tiago in Pokhara. According to the company, the new car engineered with modern design and dynamic driving comfort is priced from Rs 2,255,000. The car powered by Revotron 1.2 petrol engine',
			'content' => '<p style="text-align: justify;">September 23: Sipradi Trading, the authorised distributor of TATA motors for Nepal has launched TATA&rsquo;s new sporty hatchback Tiago in Pokhara. According to the company, the new car engineered with modern design and dynamic driving comfort is priced from Rs 2,255,000. The car powered by Revotron 1.2 petrol engine is available in striker blue, berry red, sunburst orange, expresso brown, pearl-set white and platin.</p>

<p style="text-align: justify;"><br />
The new product offers interior decoration with harmony, dual tone interior with layered design theme. Similarly, it features customizable air vents and fabric premium graphics.&nbsp;</p>

<p style="text-align: justify;"><br />
Ram Krishna Gyawali, President of Federation of Reporters&rsquo;, Kaski has unveiled the new car amid a program organized on September 21 at Pokhara. Niraj Maharjan, Dealer Developer Officer of Sipradi informed that the customers can use TATA Motors Connect Mobile application to get information regarding fast-track service and 24 hours customer service.&nbsp;</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2016-09-23',
			'modified' => '2016-09-23',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4317',
			'image' => '20160923104355_tata tiago.jpg',
			'article_date' => '2016-09-23 00:00:00',
			'homepage' => false,
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		'Article' => array(
			'id' => '4485',
			'article_category_id' => '1',
			'title' => 'Sagarmatha Cement  Contractors Meet Concludes',
			'sub_title' => '',
			'summary' => 'September 23: Sagarmatha cement manufactured by Ghorahi Cement has concluded its contractors meet in Hyatt Regency, Kathmandu on September 21. Issuing',
			'content' => '<p style="text-align:justify">September 23: Sagarmatha cement manufactured by Ghorahi Cement has concluded its contractors meet in Hyatt Regency, Kathmandu on September 21. Issuing a press statement, the company informed that the program had gracious presence of Indira Joshi along with her entertaining performance and more than 100 contractors from all across the nation were present in the program.</p>

<p style="text-align:justify"><br />
According to the statement, engaging games were also played in the program.Certificate of Appreciation and gift hamperswere presented to the contractors who has supported Ghorahi including Hotel Meriot, Api Power Company and Soaltee Sibkrim Hotels &amp; Resorts. Similarly, Worldwide Construction, United Concrete and Contech were declared first, second and third lucky winners in the program through lucky draw.&nbsp;</p>

<p style="text-align:justify"><br />
&ldquo;Sagarmatha Cement is getting much appreciation and popularity as we are able to produce international quality cement locally,&rdquo; said Aditya Saraf, Head of Sales.</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2016-09-23',
			'modified' => '2016-09-23',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4316',
			'image' => '20160923103546_sagarmatha.jpg',
			'article_date' => '2016-09-23 00:00:00',
			'homepage' => false,
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		'Article' => array(
			'id' => '4484',
			'article_category_id' => '1',
			'title' => 'Nawal’s Deluxe Buses Start Operation',
			'sub_title' => '',
			'summary' => 'September 22: Nawal Tours and Travels is operating AC deluxe bus from September 22. Nawal is operating two buses daily for Pokhara-Kathmandu under the Prithivi Hi',
			'content' => '<p style="text-align:justify">September 22: Nawal Tours and Travels is operating AC deluxe bus service from September 22. Nawal is operating two buses daily for Pokhara-Kathmandu under the Prithivi Highway Bus Entrepreneur Committee. &ldquo;The bus will leave from Chorepatan Hotel David Falls view,&rdquo; informed Dharma Raj Aryal, Managing Director. The bus will leave every morning at 7:15 am.</p>

<p style="text-align:justify"><br />
&ldquo;With an objective to make transportation service more convenient and advance, we are operating the bus,&rdquo; said Aryal, adding, &ldquo;The bus will run smoothly at uneven road as well and can be travel easily.&rdquo; According to Aryal, Rs 10.50 million of investment of has been made. The 31 seated bus will also have Wi-Fi facility.&nbsp;</p>

<p style="text-align:justify"><br />
Nawal in cooperation with Modern Era Tours and travels is also operating Pokhara-Delhi bus services.<br />
&nbsp;</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2016-09-22',
			'modified' => '2016-09-23',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4315',
			'image' => '20160922042858_coca cola.jpg',
			'article_date' => '2016-09-22 00:00:00',
			'homepage' => false,
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	(int) 5 => array(
		'Article' => array(
			'id' => '4483',
			'article_category_id' => '1',
			'title' => 'Coca Cola Unveils New Label',
			'sub_title' => '',
			'summary' => 'September 22: The multinational company Coca Cola has unveiled new label pack with 15 new messages amid a program organised in the capital. The company has announced of new',
			'content' => '<p style="text-align:justify">September 22: The multinational company Coca Cola has unveiled new label pack with 15 new messages amid a program organised in the capital. The company has announced of new campaign called &lsquo;Mann Kholau Coke Sanga&rsquo; to exchange message with loved one.</p>

<p style="text-align:justify"><br />
&ldquo;The campaign will help to connect with different traditional relations such as father and mother, daughter and son, brother and sister and friends,&rdquo; said Alok Kohli, Director Asia Pacific. He continued saying, &ldquo;We hope our consumers will take special message included Coca Cola and will gift to their loved one.&rdquo;</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2016-09-22',
			'modified' => '2016-09-22',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4314',
			'image' => '20160922014041_coca.jpg',
			'article_date' => '2016-09-22 00:00:00',
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	(int) 6 => array(
		'Article' => array(
			'id' => '4482',
			'article_category_id' => '1',
			'title' => 'Joint Transaction of Garima and Subechha Bikas Bank Commences',
			'sub_title' => '',
			'summary' => 'September 22: Garima Bikas Bank, headquartered in Pokhara and Subechha Bikas Bank, headquartered in Chitawan has started joint transaction from September 20. Chiranjibi Nepal, Governer of Nepal Rastra Bank (NRB) inaugurated the joint transaction amid a program.',
			'content' => '<p style="text-align:justify">September 22: Garima Bikas Bank, headquartered in Pokhara and Subechha Bikas Bank, headquartered in Chitawan has started joint transaction from September 20. Chiranjibi Nepal, Governer of Nepal Rastra Bank (NRB) inaugurated the joint transaction amid a program.</p>

<p style="text-align:justify">According to Govinda Dhakal, CEO of Garima Bikas Bank, the paid-up capital will reach Rs 1.08 billion after the merger between national standard Garima Bikas Bank and Subechha Bikas Bank, operating in three districts. The name of joint entity will be Garima Bikas Bank after the merger.</p>

<p style="text-align:justify">Dhakal informed that the deposit collection and investment of the bank after the merger will reach Rs 11.6 billion and Rs 10.6 billion respectively. Presently, the bank has 37 branches and nine ATMs. &nbsp;Earlier, the bank had merged with Nilgiri Bikas Bank, headquartered in Beni, Myagdi last year. The bank made merger as first medium in order to increase paid-up capital as per the Nepal Rastra Bank (NRB) directive. Dhakal said, &ldquo;The bank is still open for more mergers till it meet the minimum paid-up capital. In case of no merger, the bank aims to meet the capital of Rs 2.5 billion through issuing right share.&rdquo; The merged entity has Dilip Pratap Khand as Chairman whereas Chadrakant Baral, Shyam Prasad Basyal, Ananda Prasad Shrestha, Keshav Raj Dhaka, Bimal Pandey and Sanjiv Dhakal have been appointed as directors of the bank.</p>
',
			'published' => true,
			'created' => '2016-09-22',
			'modified' => '2016-09-22',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4313',
			'image' => '20160922125234_garima.jpg',
			'article_date' => '2016-09-22 00:00:00',
			'homepage' => false,
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	(int) 7 => array(
		'Article' => array(
			'id' => '4481',
			'article_category_id' => '1',
			'title' => 'Sidhhartha Bank Provides Financial Support to School',
			'sub_title' => '',
			'summary' => 'September 22: Siddhartha Bank has provided financial assistance to Shree Prabhat Secondary School of Palung Mainadi -3, Palpa, as a part of its Corporate Social Responsibility initiative. The assistance was offered for arranging necessary educational materials for the upcoming Junior Technical Assistant (JTA) Course in Agricu',
			'content' => '<p style="text-align: justify;">September 22: Siddhartha Bank has provided financial assistance to Shree Prabhat Secondary School of Palung Mainadi -3, Palpa, as a part of its Corporate Social Responsibility initiative. The assistance was offered for arranging necessary educational materials for the upcoming Junior Technical Assistant (JTA) Course in Agriculture, to be offered by the school. Sher Bahadur Budhathoki, Deputy General Manager of the Bank handed over cheque of Rs 100,000 to Dul Bahadur Kunwar, Chairman of the Advisory Committee of the School, at the Bank&rsquo;s Head Office, Hattisar.</p>
',
			'published' => true,
			'created' => '2016-09-22',
			'modified' => '2016-09-22',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4312',
			'image' => '20160922123920_siddhartha.jpg',
			'article_date' => '2016-09-22 00:00:00',
			'homepage' => false,
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	(int) 8 => array(
		'Article' => array(
			'id' => '4480',
			'article_category_id' => '1',
			'title' => 'Tinau Bikas Bank Provides Insurance Amount',
			'sub_title' => '',
			'summary' => 'September 22: Tinau Bikas Bank has handed over insurance claim amount of Rs 100,000 to Harimaya Panth, wife of Late Kamal Prasad Panth. Panth who had opene',
			'content' => '<p style="text-align:justify">September 22: Tinau Bikas Bank has handed over insurance claim amount of Rs 100,000 to Harimaya Panth, wife of Late Kamal Prasad Panth. Panth who had opened employee saving fund in the bank passed way due to accident. Khim Lal Puri, Manager of Ramapur branch of the bank handed over the insurance amount to Mrs Panth. The bank has arranged the facility to provide upto Rs 100,000 for accident insurance to the customers opening employee saving fund and pension saving fund in the bank.&nbsp;</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2016-09-22',
			'modified' => '2016-09-22',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4311',
			'image' => '20160922123615_tinau.jpg',
			'article_date' => '2016-09-22 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 9 => array(
		'Article' => array(
			'id' => '4479',
			'article_category_id' => '1',
			'title' => 'Maharjan Appointed as Brand Ambassador of Yeti Devt Bank',
			'sub_title' => '',
			'summary' => 'September 22: Yeti Development Bank has appointed Maheswor Maharjan, gold medal winner of 50th Asian Championship for body building as brand ambassador. The bank appointed him as its brand ambassador for two years in a bid to honor and motivate the athlete. ',
			'content' => '<p style="text-align: justify;">September 22: Yeti Development Bank has appointed Maheswor Maharjan, gold medal winner of 50th Asian Championship for body building as brand ambassador. The bank appointed him as its brand ambassador for two years in a bid to honor and motivate the athlete.&nbsp;</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2016-09-22',
			'modified' => '2016-09-22',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4310',
			'image' => '20160922122703_yeti.jpg',
			'article_date' => '2016-09-22 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 10 => array(
		'Article' => array(
			'id' => '4478',
			'article_category_id' => '1',
			'title' => 'Remit Agreement between Citizens Bank and Overseas Remit',
			'sub_title' => '',
			'summary' => 'September 22: Citizens Bank International and Overseas Remit entered into an agreement reagarding payment of remittance. Ram Dhan Shrestha, Assistant CEO of the bank and Bhusan Ghimire and Roshan KC, Directors and Japanese representatives of the Remit signed an agreement paper on this regard. Under the agr',
			'content' => '<p style="text-align: justify;">September 22: Citizens Bank International and Overseas Remit entered into an agreement reagarding payment of remittance. Ram Dhan Shrestha, Assistant CEO of the bank and Bhusan Ghimire and Roshan KC, Directors and Japanese representatives of the Remit signed an agreement paper on this regard. Under the agreement, Nepalis residing in Japan can transfer money through Overseas Remit and can receive payment through all branches of the Citizens bank.&nbsp;</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2016-09-22',
			'modified' => '2016-09-22',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4309',
			'image' => '20160922122353_citizens.jpg',
			'article_date' => '2016-09-22 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	),
	(int) 11 => array(
		'Article' => array(
			'id' => '4477',
			'article_category_id' => '1',
			'title' => 'Create Investor Friendly Environment: SEBON ',
			'sub_title' => '',
			'summary' => 'September 22: Securities Board of Nepal (SEBON) has yet again taken a step to address complaints of investors. SEBON has directed merchant bankers to facilitate investors with online application submission while issuing new and right shares. The program initiated by SEBON consists of various sub-programs that will eas',
			'content' => '<p>September 22: Securities Board of Nepal (SEBON) has yet again taken a step to address complaints of investors. SEBON has directed merchant bankers to facilitate investors with online application submission while issuing new and right shares. The program initiated by SEBON consists of various sub-programs that will ease elder, differently-able and women investors.</p>

<p>The regulatory body has directed merchant bankers to increase the number of share application collection centres. It has also directed central depositary and collection corporation (CDSC) to include bank account mandatorily while opening demat account. Similarly, it has directed listed companies to transfer to be distributed cash dividend in the shareholders&rsquo; respective bank accounts.</p>

<p>The SEBON has directed merchant bankers to set up adequate application collection counters in all regions of the country considering the size of the economy and population. It has also directed them to set up separate counters for women, differently-able and elderly investors. It also has requested them to facilitate investors to download and submit right shares application through website viewing the accessibility of the investors.</p>

<p>Similarly, the board has suggested of providing one full share for the fractional share earned by investors on the payment of short amount. While some institutions have already had the provision, many of the institutions lack such provision. In the recent days, SEBON has been receiving complaints from general investors about inability to obtain shares from the accumulated fractional shares they own over the period. Addressing the complaints, the board has directed the institutions to provide full shares for the fractional shares with the payment of short amount. By doing this, if the company&rsquo;s share structure tends to change then the company will have to amend its article of association and regulation and get endorsed by the SEBON and annual general meeting.</p>

<p>Likewise, SEBON has directed related institutions to form the mechanism so that to facilitate investors of applying right shares of both physical and demat shares from one single application form. Merchant bankers will have to form a mechanism under which one account payee cheque will be sufficient while applying shares for a family. While persons unidentifiable as a family member will have to trade through separate cheques.</p>

<p>Moreover, according to SEBON, issue managers will have construct the organised infrastructure for the collection of share applications. Presently, investors need to queue long distance in order to submit application and recover their money due to lack of manpower and adequate infrastructure in merchant banks. The board has instructed merchant banks to use certain percentage of profit for manpower and infrastructure development and inform board on that regard. The board has also directed the merchant banks to train their human resource so as to give effective services to the service seekers. Additionally, it has directed them to compensate their manpower as per the regulations.</p>

<p><strong>Plus</strong></p>

<p>SEBON has directed companies initiate share transaction of merged companies within 15 days. Presently, due to merger procedure of listed companies, investors&rsquo; share trading right is halted for months. Investors have not been able to trade the shares they own for two /three months even after start of joint transaction of the merged companies.&nbsp;&nbsp; &ldquo;Share trading of the merged entity in the secondary market should be started along with the start of the joint transaction of the companies. If it is not possible, then it must commence within 15 days,&rdquo; said SEBON.&nbsp;</p>
',
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			'sortorder' => '4308',
			'image' => '20160922121316_sebon.JPG',
			'article_date' => '2016-09-22 00:00:00',
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	(int) 12 => array(
		'Article' => array(
			'id' => '4476',
			'article_category_id' => '1',
			'title' => 'Arc International’s Glassware and Opalware in Nepali Market',
			'sub_title' => '',
			'summary' => 'September 21: International Distributors, the authorised distributor of France based household manufacturing company Arc International has introduced products of Arc in the',
			'content' => '<p style="text-align: justify;">September 21:&nbsp;International Distributors, the authorised distributor of France based household manufacturing company Arc International has introduced products of Arc in the Nepali market. The company has unveiled glassware and opalware products of Arc International that are used for drinks and dining.</p>

<p style="text-align: justify;">There are various brands of Arc International such as Luminarc, Endura, Crystal De Arc, Arcoroc and Chef and Sommelier. According to the company, the wine and creative cuisines of Luminarc are very stylish and innovative. Similarly, the products are designed according to habits and choices of the customers, informs the company.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-09-21',
			'modified' => '2016-09-21',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4307',
			'image' => '20160921044656_arc.jpg',
			'article_date' => '2016-09-21 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 13 => array(
		'Article' => array(
			'id' => '4475',
			'article_category_id' => '1',
			'title' => 'New Range of Sony 4K HDR Android TV in the Market',
			'sub_title' => '',
			'summary' => 'September 21: Japanese TV maker Sony has launched new range of 4K HDR Android TV in the Nepali market. Nepa Hima Trade Link, the authorised distributor of Sony TV's in Nepal, unveiled the HDR lineup includin',
			'content' => '<p style="text-align: justify;">September 21:&nbsp;Japanese TV maker Sony has launched new range of 4K HDR Android TV in the Nepali market. Nepa Hima Trade Link, the authorised distributor of Sony TV&#39;s in Nepal, unveiled the HDR lineup including X93D series, 4K HDR TV range and Internet and xtra PRO series under the full HD category.</p>

<p style="text-align: justify;">&quot;The new range of Sony 4K HDR Android TV has a burgeoning video standard that greatly expands the range of possible visual expression by reproducing higher brightness, higher contrast and more vibrant colours,&quot; the company said in the press statement. According to the company, Sony&#39;s new slim Backlight Drive technology with a new grid-array backlighting structure further allows X-tended Dynamic Range PRO technology to boost peak brightness and black levels more precisely and enhance contrast levels, while maintaining a slim form factor.</p>

<p style="text-align: justify;">&ldquo;The newly launched BRAVIA lineup will support the new Android 6.0 Marshmallow that will help the customers enjoy expandable storage space with USB drive allowing to download more applications on TV,&rdquo; the statement added.</p>

<p style="text-align: justify;">Sony is planning to unveil its new R3D series soon which is equipped with X-Protection PRO feature for safe reliable performance. The company also informed that the R326D model can be operated by power-bank as well in addition to car battery.</p>
',
			'published' => true,
			'created' => '2016-09-21',
			'modified' => '2016-09-21',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4306',
			'image' => '20160921044524_sony.jpg',
			'article_date' => '2016-09-21 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 14 => array(
		'Article' => array(
			'id' => '4474',
			'article_category_id' => '1',
			'title' => '8th Edition of The Coca-Cola Cup 2073 Concludes',
			'sub_title' => '',
			'summary' => 'September 21: The Coca-Cola Cup 2073 edition organized by Coca-Cola Nepal, All Nepal Football Association (ANFA) and the Ministry of Youth & Sport has successfully concluded on September 20 in Kathmandu. ',
			'content' => '<p style="text-align:justify">September 21: The Coca-Cola Cup 2073 edition organized by Coca-Cola Nepal, All Nepal Football Association (ANFA) and the Ministry of Youth &amp; Sport has successfully concluded on September 20 in Kathmandu.&nbsp;</p>

<p style="text-align:justify">Issuing a press statement, it has been informed that the largest grassroots level school tournament in the country announced the winner of the competition and awarded the winners and participants in a special ceremony. Chuli Higher secondary school of Jhapa from boys and Durga Higher Secondary School of Rautahat from girls was the winner of The Coca-Cola Cup 2073 edition. There was a friendly match between differently-abled women, during the finals of the Coca-Cola Cup for the first time ever in the spirit of fair play and inclusion.&nbsp;</p>

<p style="text-align:justify">According to the statement, the winners were announced and prize and certificates were distributed by Mahesh Prasad Dahal, the chief guest of the ceremony in the ANFA Complex on September 20.</p>

<p style="text-align:justify">&ldquo;Around 2,000 students representing 112 schools participated in the boys&rsquo; category. The tournament was organized in 43 districts affiliated to ANFA, featuring at least 30 schools from each district. The winners of the boys category received Rs 300,000 while the first, second and third runners-up were awarded with Rs 150,000, Rs 75,000 and Rs 50,000 respectively. There were also individual awards for the Best Goalkeeper, Best Defender, Best Midfielder and Best Forward,&rdquo; reads the statement.</p>
',
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			'sortorder' => '4305',
			'image' => '20160921013100_coca.jpg',
			'article_date' => '2016-09-21 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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$current_user = null
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include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/index.ctp, line 157
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117

Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity &quot;&quot; [APP/View/Elements/side_bar.ctp, line 133]
Code Context
  //  $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/subindexdata.xml';



    if(!$xml = simplexml_load_file($file)){
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
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$articles = array(
	(int) 0 => array(
		'Article' => array(
			'id' => '4488',
			'article_category_id' => '1',
			'title' => 'Global IME Starts 2 BLB Service Units in Kailali',
			'sub_title' => '',
			'summary' => 'September 23: Global IME Bank has started operation of additional two branchless banking services in Kailali District. The bank in collaboration with UKaid’s Sakch',
			'content' => '<p style="text-align:justify">September 23: Global IME Bank has started operation of additional two branchless banking services in Kailali District. The bank in collaboration with UKaid&rsquo;s Sakchyam Access to Finance has started branchless banking services at Olani-6, Godawari and Solta-7, Sugaarkhaal. Prasanna Banskota, Chief of Marketing Management and Business Promotion Department of the bank inaugurated the branchless banking services by handing over certificate and machinery to the Business Representatives.</p>

<p style="text-align:justify">The bank has appointed locals Nabin Bahadur Singh and Hiradevi Jaisi for Olani and Solta as Business Representatives. With the openings, the number of branchless banking services has reached 44.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-09-23',
			'modified' => '2016-09-23',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4319',
			'image' => '20160923111020_global.jpg',
			'article_date' => '2016-09-23 00:00:00',
			'homepage' => false,
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	(int) 1 => array(
		'Article' => array(
			'id' => '4487',
			'article_category_id' => '1',
			'title' => 'EXIDE’s Dealer Meet',
			'sub_title' => '',
			'summary' => 'September 23: Exide division of Sipradi Trading has organized dealer meet on September 20. The program was attended by nationwide dealers of Exide where they were awarded with various prizes on the basis of sales they made. The dealers were honored with Platinum, Silver and Gold performer award on the categories of automot',
			'content' => '<p>September 23: Exide division of Sipradi Trading has organized dealer meet on September 20. The program was attended by nationwide dealers of Exide where they were awarded with various prizes on the basis of sales they made. The dealers were honored with Platinum, Silver and Gold performer award on the categories of automotive, inverter and motorcycle.&nbsp;</p>

<p>&nbsp;</p>
',
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			'created' => '2016-09-23',
			'modified' => '2016-09-23',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4318',
			'image' => '20160923105554_exide.jpg',
			'article_date' => '2016-09-23 00:00:00',
			'homepage' => false,
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		'Article' => array(
			'id' => '4486',
			'article_category_id' => '1',
			'title' => 'TATA Tiago Launched in Pokhara',
			'sub_title' => '',
			'summary' => 'September 23: Sipradi Trading, the authorised distributor of TATA motors for Nepal has launched TATA’s new sporty hatchback Tiago in Pokhara. According to the company, the new car engineered with modern design and dynamic driving comfort is priced from Rs 2,255,000. The car powered by Revotron 1.2 petrol engine',
			'content' => '<p style="text-align: justify;">September 23: Sipradi Trading, the authorised distributor of TATA motors for Nepal has launched TATA&rsquo;s new sporty hatchback Tiago in Pokhara. According to the company, the new car engineered with modern design and dynamic driving comfort is priced from Rs 2,255,000. The car powered by Revotron 1.2 petrol engine is available in striker blue, berry red, sunburst orange, expresso brown, pearl-set white and platin.</p>

<p style="text-align: justify;"><br />
The new product offers interior decoration with harmony, dual tone interior with layered design theme. Similarly, it features customizable air vents and fabric premium graphics.&nbsp;</p>

<p style="text-align: justify;"><br />
Ram Krishna Gyawali, President of Federation of Reporters&rsquo;, Kaski has unveiled the new car amid a program organized on September 21 at Pokhara. Niraj Maharjan, Dealer Developer Officer of Sipradi informed that the customers can use TATA Motors Connect Mobile application to get information regarding fast-track service and 24 hours customer service.&nbsp;</p>

<p>&nbsp;</p>
',
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			'created' => '2016-09-23',
			'modified' => '2016-09-23',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4317',
			'image' => '20160923104355_tata tiago.jpg',
			'article_date' => '2016-09-23 00:00:00',
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			'id' => '4485',
			'article_category_id' => '1',
			'title' => 'Sagarmatha Cement  Contractors Meet Concludes',
			'sub_title' => '',
			'summary' => 'September 23: Sagarmatha cement manufactured by Ghorahi Cement has concluded its contractors meet in Hyatt Regency, Kathmandu on September 21. Issuing',
			'content' => '<p style="text-align:justify">September 23: Sagarmatha cement manufactured by Ghorahi Cement has concluded its contractors meet in Hyatt Regency, Kathmandu on September 21. Issuing a press statement, the company informed that the program had gracious presence of Indira Joshi along with her entertaining performance and more than 100 contractors from all across the nation were present in the program.</p>

<p style="text-align:justify"><br />
According to the statement, engaging games were also played in the program.Certificate of Appreciation and gift hamperswere presented to the contractors who has supported Ghorahi including Hotel Meriot, Api Power Company and Soaltee Sibkrim Hotels &amp; Resorts. Similarly, Worldwide Construction, United Concrete and Contech were declared first, second and third lucky winners in the program through lucky draw.&nbsp;</p>

<p style="text-align:justify"><br />
&ldquo;Sagarmatha Cement is getting much appreciation and popularity as we are able to produce international quality cement locally,&rdquo; said Aditya Saraf, Head of Sales.</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2016-09-23',
			'modified' => '2016-09-23',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4316',
			'image' => '20160923103546_sagarmatha.jpg',
			'article_date' => '2016-09-23 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 4 => array(
		'Article' => array(
			'id' => '4484',
			'article_category_id' => '1',
			'title' => 'Nawal’s Deluxe Buses Start Operation',
			'sub_title' => '',
			'summary' => 'September 22: Nawal Tours and Travels is operating AC deluxe bus from September 22. Nawal is operating two buses daily for Pokhara-Kathmandu under the Prithivi Hi',
			'content' => '<p style="text-align:justify">September 22: Nawal Tours and Travels is operating AC deluxe bus service from September 22. Nawal is operating two buses daily for Pokhara-Kathmandu under the Prithivi Highway Bus Entrepreneur Committee. &ldquo;The bus will leave from Chorepatan Hotel David Falls view,&rdquo; informed Dharma Raj Aryal, Managing Director. The bus will leave every morning at 7:15 am.</p>

<p style="text-align:justify"><br />
&ldquo;With an objective to make transportation service more convenient and advance, we are operating the bus,&rdquo; said Aryal, adding, &ldquo;The bus will run smoothly at uneven road as well and can be travel easily.&rdquo; According to Aryal, Rs 10.50 million of investment of has been made. The 31 seated bus will also have Wi-Fi facility.&nbsp;</p>

<p style="text-align:justify"><br />
Nawal in cooperation with Modern Era Tours and travels is also operating Pokhara-Delhi bus services.<br />
&nbsp;</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2016-09-22',
			'modified' => '2016-09-23',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4315',
			'image' => '20160922042858_coca cola.jpg',
			'article_date' => '2016-09-22 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 5 => array(
		'Article' => array(
			'id' => '4483',
			'article_category_id' => '1',
			'title' => 'Coca Cola Unveils New Label',
			'sub_title' => '',
			'summary' => 'September 22: The multinational company Coca Cola has unveiled new label pack with 15 new messages amid a program organised in the capital. The company has announced of new',
			'content' => '<p style="text-align:justify">September 22: The multinational company Coca Cola has unveiled new label pack with 15 new messages amid a program organised in the capital. The company has announced of new campaign called &lsquo;Mann Kholau Coke Sanga&rsquo; to exchange message with loved one.</p>

<p style="text-align:justify"><br />
&ldquo;The campaign will help to connect with different traditional relations such as father and mother, daughter and son, brother and sister and friends,&rdquo; said Alok Kohli, Director Asia Pacific. He continued saying, &ldquo;We hope our consumers will take special message included Coca Cola and will gift to their loved one.&rdquo;</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2016-09-22',
			'modified' => '2016-09-22',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4314',
			'image' => '20160922014041_coca.jpg',
			'article_date' => '2016-09-22 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 6 => array(
		'Article' => array(
			'id' => '4482',
			'article_category_id' => '1',
			'title' => 'Joint Transaction of Garima and Subechha Bikas Bank Commences',
			'sub_title' => '',
			'summary' => 'September 22: Garima Bikas Bank, headquartered in Pokhara and Subechha Bikas Bank, headquartered in Chitawan has started joint transaction from September 20. Chiranjibi Nepal, Governer of Nepal Rastra Bank (NRB) inaugurated the joint transaction amid a program.',
			'content' => '<p style="text-align:justify">September 22: Garima Bikas Bank, headquartered in Pokhara and Subechha Bikas Bank, headquartered in Chitawan has started joint transaction from September 20. Chiranjibi Nepal, Governer of Nepal Rastra Bank (NRB) inaugurated the joint transaction amid a program.</p>

<p style="text-align:justify">According to Govinda Dhakal, CEO of Garima Bikas Bank, the paid-up capital will reach Rs 1.08 billion after the merger between national standard Garima Bikas Bank and Subechha Bikas Bank, operating in three districts. The name of joint entity will be Garima Bikas Bank after the merger.</p>

<p style="text-align:justify">Dhakal informed that the deposit collection and investment of the bank after the merger will reach Rs 11.6 billion and Rs 10.6 billion respectively. Presently, the bank has 37 branches and nine ATMs. &nbsp;Earlier, the bank had merged with Nilgiri Bikas Bank, headquartered in Beni, Myagdi last year. The bank made merger as first medium in order to increase paid-up capital as per the Nepal Rastra Bank (NRB) directive. Dhakal said, &ldquo;The bank is still open for more mergers till it meet the minimum paid-up capital. In case of no merger, the bank aims to meet the capital of Rs 2.5 billion through issuing right share.&rdquo; The merged entity has Dilip Pratap Khand as Chairman whereas Chadrakant Baral, Shyam Prasad Basyal, Ananda Prasad Shrestha, Keshav Raj Dhaka, Bimal Pandey and Sanjiv Dhakal have been appointed as directors of the bank.</p>
',
			'published' => true,
			'created' => '2016-09-22',
			'modified' => '2016-09-22',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4313',
			'image' => '20160922125234_garima.jpg',
			'article_date' => '2016-09-22 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 7 => array(
		'Article' => array(
			'id' => '4481',
			'article_category_id' => '1',
			'title' => 'Sidhhartha Bank Provides Financial Support to School',
			'sub_title' => '',
			'summary' => 'September 22: Siddhartha Bank has provided financial assistance to Shree Prabhat Secondary School of Palung Mainadi -3, Palpa, as a part of its Corporate Social Responsibility initiative. The assistance was offered for arranging necessary educational materials for the upcoming Junior Technical Assistant (JTA) Course in Agricu',
			'content' => '<p style="text-align: justify;">September 22: Siddhartha Bank has provided financial assistance to Shree Prabhat Secondary School of Palung Mainadi -3, Palpa, as a part of its Corporate Social Responsibility initiative. The assistance was offered for arranging necessary educational materials for the upcoming Junior Technical Assistant (JTA) Course in Agriculture, to be offered by the school. Sher Bahadur Budhathoki, Deputy General Manager of the Bank handed over cheque of Rs 100,000 to Dul Bahadur Kunwar, Chairman of the Advisory Committee of the School, at the Bank&rsquo;s Head Office, Hattisar.</p>
',
			'published' => true,
			'created' => '2016-09-22',
			'modified' => '2016-09-22',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4312',
			'image' => '20160922123920_siddhartha.jpg',
			'article_date' => '2016-09-22 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 8 => array(
		'Article' => array(
			'id' => '4480',
			'article_category_id' => '1',
			'title' => 'Tinau Bikas Bank Provides Insurance Amount',
			'sub_title' => '',
			'summary' => 'September 22: Tinau Bikas Bank has handed over insurance claim amount of Rs 100,000 to Harimaya Panth, wife of Late Kamal Prasad Panth. Panth who had opene',
			'content' => '<p style="text-align:justify">September 22: Tinau Bikas Bank has handed over insurance claim amount of Rs 100,000 to Harimaya Panth, wife of Late Kamal Prasad Panth. Panth who had opened employee saving fund in the bank passed way due to accident. Khim Lal Puri, Manager of Ramapur branch of the bank handed over the insurance amount to Mrs Panth. The bank has arranged the facility to provide upto Rs 100,000 for accident insurance to the customers opening employee saving fund and pension saving fund in the bank.&nbsp;</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2016-09-22',
			'modified' => '2016-09-22',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4311',
			'image' => '20160922123615_tinau.jpg',
			'article_date' => '2016-09-22 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 9 => array(
		'Article' => array(
			'id' => '4479',
			'article_category_id' => '1',
			'title' => 'Maharjan Appointed as Brand Ambassador of Yeti Devt Bank',
			'sub_title' => '',
			'summary' => 'September 22: Yeti Development Bank has appointed Maheswor Maharjan, gold medal winner of 50th Asian Championship for body building as brand ambassador. The bank appointed him as its brand ambassador for two years in a bid to honor and motivate the athlete. ',
			'content' => '<p style="text-align: justify;">September 22: Yeti Development Bank has appointed Maheswor Maharjan, gold medal winner of 50th Asian Championship for body building as brand ambassador. The bank appointed him as its brand ambassador for two years in a bid to honor and motivate the athlete.&nbsp;</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2016-09-22',
			'modified' => '2016-09-22',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4310',
			'image' => '20160922122703_yeti.jpg',
			'article_date' => '2016-09-22 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 10 => array(
		'Article' => array(
			'id' => '4478',
			'article_category_id' => '1',
			'title' => 'Remit Agreement between Citizens Bank and Overseas Remit',
			'sub_title' => '',
			'summary' => 'September 22: Citizens Bank International and Overseas Remit entered into an agreement reagarding payment of remittance. Ram Dhan Shrestha, Assistant CEO of the bank and Bhusan Ghimire and Roshan KC, Directors and Japanese representatives of the Remit signed an agreement paper on this regard. Under the agr',
			'content' => '<p style="text-align: justify;">September 22: Citizens Bank International and Overseas Remit entered into an agreement reagarding payment of remittance. Ram Dhan Shrestha, Assistant CEO of the bank and Bhusan Ghimire and Roshan KC, Directors and Japanese representatives of the Remit signed an agreement paper on this regard. Under the agreement, Nepalis residing in Japan can transfer money through Overseas Remit and can receive payment through all branches of the Citizens bank.&nbsp;</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2016-09-22',
			'modified' => '2016-09-22',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4309',
			'image' => '20160922122353_citizens.jpg',
			'article_date' => '2016-09-22 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 11 => array(
		'Article' => array(
			'id' => '4477',
			'article_category_id' => '1',
			'title' => 'Create Investor Friendly Environment: SEBON ',
			'sub_title' => '',
			'summary' => 'September 22: Securities Board of Nepal (SEBON) has yet again taken a step to address complaints of investors. SEBON has directed merchant bankers to facilitate investors with online application submission while issuing new and right shares. The program initiated by SEBON consists of various sub-programs that will eas',
			'content' => '<p>September 22: Securities Board of Nepal (SEBON) has yet again taken a step to address complaints of investors. SEBON has directed merchant bankers to facilitate investors with online application submission while issuing new and right shares. The program initiated by SEBON consists of various sub-programs that will ease elder, differently-able and women investors.</p>

<p>The regulatory body has directed merchant bankers to increase the number of share application collection centres. It has also directed central depositary and collection corporation (CDSC) to include bank account mandatorily while opening demat account. Similarly, it has directed listed companies to transfer to be distributed cash dividend in the shareholders&rsquo; respective bank accounts.</p>

<p>The SEBON has directed merchant bankers to set up adequate application collection counters in all regions of the country considering the size of the economy and population. It has also directed them to set up separate counters for women, differently-able and elderly investors. It also has requested them to facilitate investors to download and submit right shares application through website viewing the accessibility of the investors.</p>

<p>Similarly, the board has suggested of providing one full share for the fractional share earned by investors on the payment of short amount. While some institutions have already had the provision, many of the institutions lack such provision. In the recent days, SEBON has been receiving complaints from general investors about inability to obtain shares from the accumulated fractional shares they own over the period. Addressing the complaints, the board has directed the institutions to provide full shares for the fractional shares with the payment of short amount. By doing this, if the company&rsquo;s share structure tends to change then the company will have to amend its article of association and regulation and get endorsed by the SEBON and annual general meeting.</p>

<p>Likewise, SEBON has directed related institutions to form the mechanism so that to facilitate investors of applying right shares of both physical and demat shares from one single application form. Merchant bankers will have to form a mechanism under which one account payee cheque will be sufficient while applying shares for a family. While persons unidentifiable as a family member will have to trade through separate cheques.</p>

<p>Moreover, according to SEBON, issue managers will have construct the organised infrastructure for the collection of share applications. Presently, investors need to queue long distance in order to submit application and recover their money due to lack of manpower and adequate infrastructure in merchant banks. The board has instructed merchant banks to use certain percentage of profit for manpower and infrastructure development and inform board on that regard. The board has also directed the merchant banks to train their human resource so as to give effective services to the service seekers. Additionally, it has directed them to compensate their manpower as per the regulations.</p>

<p><strong>Plus</strong></p>

<p>SEBON has directed companies initiate share transaction of merged companies within 15 days. Presently, due to merger procedure of listed companies, investors&rsquo; share trading right is halted for months. Investors have not been able to trade the shares they own for two /three months even after start of joint transaction of the merged companies.&nbsp;&nbsp; &ldquo;Share trading of the merged entity in the secondary market should be started along with the start of the joint transaction of the companies. If it is not possible, then it must commence within 15 days,&rdquo; said SEBON.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-09-22',
			'modified' => '2016-09-22',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4308',
			'image' => '20160922121316_sebon.JPG',
			'article_date' => '2016-09-22 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 12 => array(
		'Article' => array(
			'id' => '4476',
			'article_category_id' => '1',
			'title' => 'Arc International’s Glassware and Opalware in Nepali Market',
			'sub_title' => '',
			'summary' => 'September 21: International Distributors, the authorised distributor of France based household manufacturing company Arc International has introduced products of Arc in the',
			'content' => '<p style="text-align: justify;">September 21:&nbsp;International Distributors, the authorised distributor of France based household manufacturing company Arc International has introduced products of Arc in the Nepali market. The company has unveiled glassware and opalware products of Arc International that are used for drinks and dining.</p>

<p style="text-align: justify;">There are various brands of Arc International such as Luminarc, Endura, Crystal De Arc, Arcoroc and Chef and Sommelier. According to the company, the wine and creative cuisines of Luminarc are very stylish and innovative. Similarly, the products are designed according to habits and choices of the customers, informs the company.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-09-21',
			'modified' => '2016-09-21',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4307',
			'image' => '20160921044656_arc.jpg',
			'article_date' => '2016-09-21 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 13 => array(
		'Article' => array(
			'id' => '4475',
			'article_category_id' => '1',
			'title' => 'New Range of Sony 4K HDR Android TV in the Market',
			'sub_title' => '',
			'summary' => 'September 21: Japanese TV maker Sony has launched new range of 4K HDR Android TV in the Nepali market. Nepa Hima Trade Link, the authorised distributor of Sony TV's in Nepal, unveiled the HDR lineup includin',
			'content' => '<p style="text-align: justify;">September 21:&nbsp;Japanese TV maker Sony has launched new range of 4K HDR Android TV in the Nepali market. Nepa Hima Trade Link, the authorised distributor of Sony TV&#39;s in Nepal, unveiled the HDR lineup including X93D series, 4K HDR TV range and Internet and xtra PRO series under the full HD category.</p>

<p style="text-align: justify;">&quot;The new range of Sony 4K HDR Android TV has a burgeoning video standard that greatly expands the range of possible visual expression by reproducing higher brightness, higher contrast and more vibrant colours,&quot; the company said in the press statement. According to the company, Sony&#39;s new slim Backlight Drive technology with a new grid-array backlighting structure further allows X-tended Dynamic Range PRO technology to boost peak brightness and black levels more precisely and enhance contrast levels, while maintaining a slim form factor.</p>

<p style="text-align: justify;">&ldquo;The newly launched BRAVIA lineup will support the new Android 6.0 Marshmallow that will help the customers enjoy expandable storage space with USB drive allowing to download more applications on TV,&rdquo; the statement added.</p>

<p style="text-align: justify;">Sony is planning to unveil its new R3D series soon which is equipped with X-Protection PRO feature for safe reliable performance. The company also informed that the R326D model can be operated by power-bank as well in addition to car battery.</p>
',
			'published' => true,
			'created' => '2016-09-21',
			'modified' => '2016-09-21',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4306',
			'image' => '20160921044524_sony.jpg',
			'article_date' => '2016-09-21 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 14 => array(
		'Article' => array(
			'id' => '4474',
			'article_category_id' => '1',
			'title' => '8th Edition of The Coca-Cola Cup 2073 Concludes',
			'sub_title' => '',
			'summary' => 'September 21: The Coca-Cola Cup 2073 edition organized by Coca-Cola Nepal, All Nepal Football Association (ANFA) and the Ministry of Youth & Sport has successfully concluded on September 20 in Kathmandu. ',
			'content' => '<p style="text-align:justify">September 21: The Coca-Cola Cup 2073 edition organized by Coca-Cola Nepal, All Nepal Football Association (ANFA) and the Ministry of Youth &amp; Sport has successfully concluded on September 20 in Kathmandu.&nbsp;</p>

<p style="text-align:justify">Issuing a press statement, it has been informed that the largest grassroots level school tournament in the country announced the winner of the competition and awarded the winners and participants in a special ceremony. Chuli Higher secondary school of Jhapa from boys and Durga Higher Secondary School of Rautahat from girls was the winner of The Coca-Cola Cup 2073 edition. There was a friendly match between differently-abled women, during the finals of the Coca-Cola Cup for the first time ever in the spirit of fair play and inclusion.&nbsp;</p>

<p style="text-align:justify">According to the statement, the winners were announced and prize and certificates were distributed by Mahesh Prasad Dahal, the chief guest of the ceremony in the ANFA Complex on September 20.</p>

<p style="text-align:justify">&ldquo;Around 2,000 students representing 112 schools participated in the boys&rsquo; category. The tournament was organized in 43 districts affiliated to ANFA, featuring at least 30 schools from each district. The winners of the boys category received Rs 300,000 while the first, second and third runners-up were awarded with Rs 150,000, Rs 75,000 and Rs 50,000 respectively. There were also individual awards for the Best Goalkeeper, Best Defender, Best Midfielder and Best Forward,&rdquo; reads the statement.</p>
',
			'published' => true,
			'created' => '2016-09-21',
			'modified' => '2016-09-21',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4305',
			'image' => '20160921013100_coca.jpg',
			'article_date' => '2016-09-21 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	)
)
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include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/index.ctp, line 157
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117