Siddhartha Approves 39% Bonus
Siddhartha Approves 39% Bonus
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February 17: Siddhartha Bank is distributing 39 per cent bonus share to its shareholders. The 15th annual general meeting of the bank held on February 16 approved a proposal of issuing the bonus share. The bank informed that the bonus share is based on the paid-up capital including 25 per cent right shares issued by the…

Foreign Investment Law in Parliament Before Summit
Foreign Investment Law in Parliament Before Summit
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February 16: Minister for Industry Nabindra Raj Joshi has made commitment to table the law on foreign investment and technology transfer after approving it from the Council of Ministers.…

SCB Nepal gets ASBA membership from SEBON
SCB Nepal gets ASBA membership from SEBON
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February 16: Standard Chartered Bank (SCB) Nepal has obtained ASBA (Application Supported by Blocked Account) membership from SEBON. Issuing a press statement, the bank informed that the account holders of SCB can now participate in initial public offering (IPO), further public offering (FPO) and right share issues from their bank account held with the bank with the…

STC Dealers in Factory Visit
STC Dealers in Factory Visit
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February 16: Dealers of Shree STC, the authorised distributor of Varroc for Nepal have fled to Mumbai for factory visit. The 20 dealers were sent to 8 days…

HBL Extends Support to Orphanage
HBL Extends Support to Orphanage
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February 16: Himalayan Bank has extended its support to 'Helping Hands Children Home' located at Aadeshwor, Sitapaila under its corporate social…

10MW Power Added to National Transmission
10MW Power Added to National Transmission
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February 16: Hewa 'A' Hydroelectricity Project (HEP) has been officially inaugurated by Prime Minister Pushpa Kamal Dahal on Wednesday, February 15. The construction of the project was concluded last month. "With the addition, 9-10 megawatt power has been added to national transmission line," said Puspa Jyoti Dhungana, Project Head of the HEP. The project with a capacity of 14.9 MW will generate comparatively low electricity during…

Xiaomi Mi 5s Plus in Market
Xiaomi Mi 5s Plus in Market
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February 16: Xiaomi has unveiled Mi5s plus in the Nepali market. Issuing a press statement, the company informed of availing the new smartphone having 5.7 inches display, 4 GB RAM and 64 GB ROM in a premium price. According to the company, the new smartphone is powered by 3,800 mAh battery capacity and has four megapixels premium front camera and 13 MP rear camera. Having finger print sensor, the new smartphone is engineered with full…

NTC Launches New Offer
NTC Launches New Offer
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February 16: Nepal Telecom has launched 250 minutes talk-time at just Rs25 for its GSM users on the occasion of Valentine's Day. Issuing a press statement, the telecom informed that the new night voice package having duration of seven days will be validated upto February 28. The users can use the offer…

Financial Literacy Policy in the Offing
Financial Literacy Policy in the Offing
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February 16: Nepal Rastra Bank is preparing to formulate policy on financial literacy program that was previously organised as a campaign by various banks and financial institutions (BFIs) time to time. The policy is being formulated with an objective of expanding the campaign through BFIs in order to provide financial accessibility to all countrymen. The information was disseminated by Governor Chiranjibi Nepal during the inauguration of…

JICA's Rs 4.5 bn Grant for Clean Drinking Water
JICA's Rs 4.5 bn Grant for Clean Drinking Water
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February 16: The government of Japan is set to provide 4.81 billion Yen (Rs 4.52 billion) grant to Nepal for Pokhara Water Supply Improvement Project. Dr Shanta Raj Subedi, Secretary, Ministry of Finance and Masashi Ogawa, Japanese Ambassador of Nepal on behalf of their respective governments signed an agreement paper regarding the matter…

Kumari Special Fixed Deposit Account Plan
Kumari Special Fixed Deposit Account Plan
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February 16: Kumari Bank has announced a Special Fixed Deposit Account plan in which 12 per cent interest will be provided to the customers. Issuing a press statement, the bank informed of providing the customer advance monthly interest…

Shivam Cement's Free 'Construction Expert Consultation Service'
Shivam Cement's Free 'Construction Expert Consultation Service'
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February 15: Shivam Cement through technical experts' team has started to provide free technical consultation and experimental services to its customers in their premises. Shivam cement is providing the services free to its customers. In order to reach more and more customers, the company is organizing the campaign aggressively with slogans 'Don't Compromise with Quality' and 'Our Commitment towards strong…

Tata Motors Opens Two New Showrooms
Tata Motors Opens Two New Showrooms
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February 15: Sipradi Trading, the authorised distributor of Tata Motors for Nepal has opened two new additional showrooms in Naxal and Jawalakhel. The newly opened showrooms were jointly inaugurated by Rajan Babu Shrestha, CEO of Sipradi Trading and Hemant Puranik, Country Manager of Tata Motors. The…

Hero Motorcycle Showroom in Mitrapark
Hero Motorcycle Showroom in Mitrapark
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February 15: Nepal General Marketing, the authorised distributor of Hero motorcycle for Nepal has opened its 13th showroom in Mitrapark. Dr Roop Jyoti, Vice-chairman of Jyoti Group, Rajat Bhargab, Global Head of Hero Motocorp and Prabir Kumar Shah, Regional Head Asia along with Kartik Venkatswami, Country Manager, Dipak Mokacchi, Former Global Head, Avik Jyoti, Chairman of Nepal General Marketing and Vice-chairman Suruchi Jyoti jointly…

Gionee Slashes Price of M5 Lite
Gionee Slashes Price of M5 Lite
  0   52 seconds to read

February 15: Gionee has slashed the price of Gionee M5 lite in Nepal from Rs 19,999 to Rs 17,999. Issuing a press statement, the company said Gionee decided to drop the market rate of the phone on the occasion of Valentine's Day given that the demands for the Gionee phones are increasing in the Nepali…