Butwal to Host Mobile Expo
Butwal to Host Mobile Expo
  0   1 minutes 23 seconds to read

A mobile expo will be held in Butwal from April 16. It will be for the first time that a mobile exhibition is going to be held outside the Kathmandu Valley. The expo will focus on connecting the technology, entrepreneurs and general people, according to Mobile Committee of Butwal Chamber of Commerce and Industry, the organizer of the…

Carlsberg Taking Autographs to Mt Everest
Carlsberg Taking Autographs to Mt Everest
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Carlsberg is taking signature of its customers to the Mount Everest. The brewery on Sunday handed over the signed ball and flag to its mountaineering partner agency Peak Promotion Pvt Ltd. The mountaineering campaign started in April is expected to reach the peak of the world’s highest mountain with the signed ball and flag by the mid of May. By organising the campaign, the company hopes to provide its customers with a different…

Sahayogi Bikash Starts Distribution of Bonus Share Certificate
Sahayogi Bikash Starts Distribution of Bonus Share Certificate
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Sahayogi Bikash Bank has started distribution of 28 Percent bonus share certificates to its shareholders from April 14 which was approved by the general meeting. The bank’s bonus share certificates are also being distributed from Dahanusha, Mahottari, and Sindhuli for shareholders outside the Kathmandu Valley. NCM Merchant Banking Ltd is the share registrar of the…

NTC Upgrades 3G Network in Dhaulagiri Region
NTC Upgrades 3G Network in Dhaulagiri Region
  0   1 minutes 14 seconds to read

April 15: Nepal Telecom has started the upgradation of its 3G mobile service in different locations of Dhaulagiri zone of Western Deveoplment region. The qualitatively improved 3G mobile service has been started in the region with 21 Base Transceiver Stations (BTS) by adding 5 BTS which was previously previous 16.…

NEPSE Reaches All-time High
NEPSE Reaches All-time High
  0   1 minutes 35 seconds to read

April 15: NEPSE index has set a new record with 1405 points on Thursday. With the gain of 444 points, investors’ assets have been increased by Rs 500 billion (including additional new shares) over the last year. Investors’ assets have exceeded Rs 1.5 trillion for the first time on Thursday. Similarly, the total market capitalisation reached Rs 1.515 trillion on the last trading day for the week ending April…

Last Day for Share Application of Tinau
Last Day for Share Application of Tinau
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Today is the last day for right share application issued by the Tinau Development Bank. The bank has issued 546,192 units of shares for its shareholders in the ratio 4:1. Shareholders can submit application form across all branches of the bank and Siddhartha Development Bank for trading of right share. Siddhartha Capital Ltd has taken the role of the issue…

Mega Bank Supports Kidney Patient Staff
Mega Bank Supports Kidney Patient Staff
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Arpil 15: Mega Bank has provided Rs 500,000 to one of its staff suffering from kidney problem. In the initiative of the bank’s employee union, Rs Rs 500,000 was handed over to Niroj Dangol, a staff at the clearing department, whose has been undergoing treatment after his both kidneys failed to work. Anil Keshari Saha, CEO of MEGA bank and Kriti Wagle, President of employee union handed over the cheque to Dangol on April 14. The money was raised by the union from the one day salary of all employees of the bank, which amounted to RS 474,398. The remaining amount was collected from advisors and members of the…

Bhat-Bhateni Now at Dharan
Bhat-Bhateni Now at Dharan
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April 15: Bhat-Bhateni Supermarket and Departmental Store is opening its 11th branch at Dharan. “The branch will be inaugurated on April 16, Saturday,” states press release issued by the company. Currently, Bhat-Bhateni supermarket has a total of 10 branches across Nepal including nine at Kathmandu and one at…

AGM of Machhapuchchhre Bank on May 8
AGM of Machhapuchchhre Bank on May 8
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April 16: 17th annual general meeting of Machhapuchchhre Bank is going to held in Hotel Pokhara Grand, Kaski. In the AGM, proposals regarding presentation of annual report, issuance of 50 percent right share, endorsement of 16 percent bonus share distribution and 0.84 percent cash dividend, re-structuring promoters and general share ownership by 51:49 and approval of fund contributed on Prime Minister Disaster Relief Fund for earthquake survivors are subjected to approve by the meeting. In order to carry out the AGM, company’s book close is scheduled from April 19 to May…

SGM of Vibor Development Bank on May 3
SGM of Vibor Development Bank on May 3
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April 15: Special general meeting of Vibor Development Bank is going to held in Amritvog Complex, Dillibazar. In the SAGM, proposals regarding merger with Society, to adjust swap ratio by 1:1 and rename the company as Vibor Society Development Bank are being forwarded. As bank has been engaged in merger process with Society Development Bank, its shareholders’ book has been closed since December 24.…

Net Profit of First Microfinance Increases by 56%
Net Profit of First Microfinance Increases by 56%
  0   38 seconds to read

April 15: First Microfinance Development Bank’s net profit in third quarter has totaled Rs 38 million. It is 56 percent growth than the same period of last FY. Increase in net interest income and operating profit has supported to increase net profit of the bank. During the period, operating profit of the bank has increased by 56 percent while its net interest income has increased by 31 percent. Company has decreased its reserve by 47 percent. During the current FY, bad debt has appeared nill while the investment totals Rs 753 thousands.…

Citizens Bank Cup Golf Tournament on Saturday
  0   1 minutes 19 seconds to read

April 14: The third edition of “Citizens Bank Cup Golf Tournament 2016”, an annual golf tournament sponsored by the Citizens Bank, will take place on April 16 at Gleneagles designed, Gokarna Golf Club. ‘The tournament will be played over 18 holes, on a stableford format with ¾ handicap allowance,” informs the bank in a press…

KCM ICMC from Friday
KCM ICMC from Friday
  0   1 minutes 29 seconds to read

April 14: Kathmandu College of Management (KCM) is going to organise the 12th ‘KCM Inter College Music Competition’ (ICMC) as a part of the college’s annual program. According to a press statement by the organiser, the program is schedule to take place on April 15, 16 and 17 in association with Pran Frooto and Apache motorbikes. The preliminary rounds will take place for two days, 15 and 16 at the premises of KCM and the grand finale is scheduled to be held on 23rd April, 10 am onwards at Jawalakhel ground in Lalitpur.…

Prabhu Money Transfer’s Free SIM card Offer
Prabhu Money Transfer’s Free SIM card Offer
  0   47 seconds to read

April 14: Prabhu Money Transfer is offering Nepal Telecom’s 3G SIM or R-UIM card having talk value of Rs 50 for free to its customers. Starting from Baisakh 1, the cards will be provided to the customers on receiving the payments of…

Axiata Group Enters Nepal
Axiata Group Enters Nepal
  0   1 minutes 47 seconds to read

April 14: Axiata Group Berhad (Axiata), one of the leading telecommunication groups in Asia, has formally entered Nepal. The entry of the Malaysia-based telecom company’s entry into the Nepal’s market came as the acquisition of the Nepali mobile operator Ncell. With the acquisition of Ncell, Axiata’s presence has expanded in 10 countries across…