Exclusive Showroom of Triveni Byapar at Itahari
Exclusive Showroom of Triveni Byapar at Itahari
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June 14: Pranva Todi of ArAnchorun International has opened a new showroom that carries all the brands of Triveni Byapar from 8th June in Itahari. The showroom will exclusively carry the brands associated with Triveni Byapar such as Yasuda, Samsung, Panasonic and Symphony. The customers can get various electronic goods from a single store in Arun…

Endoscopic Ultrasound (EUS) Workshop in Norvic Hospital
Endoscopic Ultrasound (EUS) Workshop in Norvic Hospital
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June 14: Norvic International Hospital has conducted Endoscopic Ultrasound (EUS) workshop with live case demonstration. 20 Gastroententerologist working across different hospital of Kathmandu participated in the…

Growmore Merchant Banker Renamed as Prabhu Capital
Growmore Merchant Banker Renamed as Prabhu Capital
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June 14: The annual general meeting of Growmore Merchant Banker has decided to distribute 20 percent cash dividend to its shareholders on June 13. As per the decision, the company will distribute the dividend from the profit of fiscal year 2014/15. The AGM has also decided to change the name of the company to Prabhu Capital. Similarly, the AGM has also approved of shifting the company's headquarter to Kamaladi from the current location of Durbarmarg and of continuing with the same BOD.…

TCL Cash Back Scheme for Euro-Cup
TCL Cash Back Scheme for Euro-Cup
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June 14: TCL brand, on the occasion of Euro Cup 2016 has brought “Cash Back” scheme. The offer will be available for limited time from June 12, informed the company. The company, in a press release, informed that customers will get cash back of Rs 200-2500 on the purchase of 19 inch of LCD TV to 55 inch of covered LED…

Janata Bank to Issue Right Shares
Janata Bank to Issue Right Shares
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June 14: The annual general meeting (AGM) of Janata Bank Limited (JBL) has decided to distribute right shares in the proportion of 2:1. The AGM has passed the proposal to increase the paid-up capital from Rs 4 billion to Rs 10 billion. JBL had made the profit of 153.49 million in Fiscal Year (FY)…

77% Poultry Farms Operating Without Registration
77% Poultry Farms Operating Without Registration
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June 13: 77 percent of commercial poultry farms in Nepal are operating without registration, finds a new survey. The 'Poultry Survey' commissioned by Central Bureau of Statistics (CBS) published on June 12 reveals that out of 21,956 farms in the country, only 5,040 have been registered. According to the CBS report, there are about 600 million chickens in poultry farms across the country during the review period. Out of them, about 500 million are broilers, 69 million layers and the remaining belong to other species of chickens. The new CBS statsictics shows there are more number of poultry farms in province number 3 on the provincial basis. The bureau reports that 7,668 poultry farms are being operated throughout the…

Entrepreneurs Stress on Supply System Improvement
Entrepreneurs Stress on Supply System Improvement
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June 13: Confederation of Nepalese Industries (CNI) has concluded the first episode of ‘Parisangh Ma Paricharcha’ on June 12. The program held discussion on contemporary subject ‘supply management’. The program was also attended by Supply Minister Ganesh Man Pun and Supply Secretary Sridhar…

Stock Exchange to establish Workstation in Hetauda
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June 13: Nepal Stock Exchange Limited is planning to establish a workstation in Hetauda. According to Narayan Prasad Timilsina, Assistant Manager of Nepal Stock Exchange, the workstation aims to fulfill the needs of investors at Muffsal . He said that the residents of Makwanpur are excitingly participating in transaction of general shares issued by different…

Construction of Liping Khola Hydro Power to Start
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June 13: The hydropower project with 16.26MW capacity is to be constructed in Liping Khola located at Taatopani of Sindhupalchowk district. The project in Liping Khola near the border between Nepal and China is being constructed by Him River Power Company. According to Ram Kaji Poudel, Director of the project, the Power Purchase agreement (PPA) has already been finalised with Nepal Electricity Authority. The construction process of the project will soon be started with domestic capital and…

NEPSE Index Reaches All Time High
NEPSE Index Reaches All Time High
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June 13: Nepal Stock Exchange (NEPSE) index has once again reached the highest peak of all time. Experts attribute the expansion of the market to ‘Bullish’ psychology of the investors. “Apparently investors are in bullish psychology, due to which both NEPSE index and trading amount is reaching new heights on daily basis,” says an…

Boom Remittance Started its Transaction in Bhairawaha
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June 13: Boom Remittance has started its transaction in Bhairawaha from Sunday. “Boom was registered in 2009 and was transacting through various other banks. After being recognized from Nepal Rastra Bank (NRB), it has now started its own services,” informed Dhiren Panta, Director of Boom Remittance. Boom Remittance is located at Narayansthan, Bhairawaha. According to Umesh Thapa, Director of the company, “Boom Remittance has prioritised two services including Boom Remittance International and Boom Remittance…

Sunrise Bank Starts Branchless Banking  in Bandungrisen
Sunrise Bank Starts Branchless Banking in Bandungrisen
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June 13: Sunrise Bank Limited (SBL) has started branchless banking service in Banlek-1 Bandungrisen, Doti. “This is the fifth branchless banking service of the bank,” informed the bank in a press statement. The service was inaugurated by Laxmikanta Rosyar, Secretary of Banlek VDC on June…

Subisu's ' Clear TV, Cheer Up Euro 2016' Scheme
Subisu's ' Clear TV, Cheer Up Euro 2016' Scheme
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June 13: Cable TV Company, Subisu Cablenet has brought attractive clear TV scheme aiming for Euro Cup 2016. Under the scheme “Clear TV, Cheer Up Euro 2016”, the company will provide clear TV services worth Rs 2,999 for free. Customers can get clear TV set top box, clear TV premium package (30+ HD channels and 100+ SD channels) along with free installation while purchasing digital service package. According to the company, the scheme is valid up to July…

Kabeli to Distribute 20% Bonus Share
Kabeli to Distribute 20% Bonus Share
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June 12: Kabeli Bikas Bank is going to distribute 20 percent bonus shares. The information about the distribution of bonus share was given in eighth annual general meeting of the bank held in Dhankuta on June 11. “The bank has made Rs 248.43 million operating profit in fiscal year 2071/2072,’’ said Gopal Prasad Kafle, Chairman of the bank. According to Kafle, bonus shares will be distributed from the accumulated…

Naya Shakti Nepal Officially Announced
Naya Shakti Nepal Officially Announced
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June 12: The Naya Shakti Nepal, a new political force led by Dr Baburam Bhattarai after his voluntary exit from the then UCPN (Maoist) is holding a program at Dashrath Stadium to officially announce establishment of a political party.…