NEWS

Remit Agreement between Mega Bank and Yes Bank of India
Remit Agreement between Mega Bank and Yes Bank of India
  2   56 seconds to read

April 8 : Mega Bank has finalised remittance agreement with Yes Bank of India in a bid to provide easy remittance services to Nepali working in India. Rabina Deshraj Shrestha, Chief Business Officer of Mega Bank and Arun Agrawal, Group President of Yes Bank and Ritesh Pai, Senior President of Yes Bank signed the agreement on behalf of their respective…

Ekta Development Bank Opens 2 New Branches
Ekta Development Bank Opens 2 New Branches
  0   54 seconds to read

April 8 : Ekta Development Bank, prioritising rural finance, has opened two new branches in Srinagar and Tharmare of Salyan. With the opening of these branches, Ekta now serve its’ customers through 14 branches in various part of the…

MK Autoworks at Sinamangal
MK Autoworks at Sinamangal
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April 7 : Balaju Autowoks, authorized service center of Mahindra vehicles has opened new service facility at Sinamangal. The service centre, MK Autoworks, is located near Sinamangal petrol pump. Cabinet Shrestha, Managing Director of Agni Group and Sanjay Jadav, Vice President and Head of International Operations (AFS) - South Asia inaugurated the service centre on April…

NB Insurance Enters D-Mat system
NB Insurance Enters D-Mat system
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April 7: NB Insurance will have its shares dematerialised. The company has made an agreement to enter the D-Mat system with CDS and Clearing Ltd for the…

Himalayan Bank to Issue Right Share
Himalayan Bank to Issue Right Share
  2   32 seconds to read

April 7: Himalayan Bank is issuing right shares in the ratio of 7:1. The bank on April 6 signed an agreement with Laxmi Capital Market to issue the rights share. The Laxmi Capital will undertake the role of issue manager. Ashok Shamsher JB Rana, CEO of Himalayan Bank and Rajiv Sapkota, CEO of Laxmi Capital signed the agreement paper on behalf of their respective…

CG Opens Meghauli Serai Jungle Safari Resort in Chitwan
CG Opens Meghauli Serai Jungle Safari Resort in Chitwan
  3   1 minutes 52 seconds to read

April 7 : Chaudhary Group has started operation of Meghauli Serai Jungle Lodge under CG Hotels and Resorts in Chitwan National Park. The world renowned Taj Safaris of Taj Hotels and Resorts have taken over the management of the jungle…

Trinity Takes Over Triyog School
Trinity Takes Over Triyog School
  0   1 minutes 23 seconds to read

April 7: Trinity College has taken over the management of Triyog High School. The two educational institutions have agreed upon the handover the management of the school, according to a source close to the matter.…

Hero Duet VX Launched in Nepal
Hero Duet VX Launched in Nepal
  0   1 minutes 7 seconds to read

April 7 : Hero MotoCorp has unveiled Duet VX scooter in Nepal. The new scooter is being distributed by Nepal General Marketing, the authorised dealer of Hero two-wheelers in Nepal. 111cc metal body scooter was launched in the domestic market amid a function held in Kathmandu on April 6. Priced at Rs…

Yamaha Saluto Launched in Butwal
Yamaha Saluto Launched in Butwal
  0   1 minutes 1 seconds to read

April 6: Butwal Bikers Pvt Ltd, an authorized seller of Yamaha two wheelers for Butwal has launched 125 CC Yamaha Saluto. The motorbike was unveiled by Prakash Adhikari, Director of Western Regional Traffic Police Office amid a program held on…

NOC to Build 5 Gas Storage Facilities
NOC to Build 5 Gas Storage Facilities
  0   1 minutes 37 seconds to read

April 6: The government has initiated homework to set up LPG storage facilities across the country to minimize hardships due to gas shortages in the events of supply disruptions. As per the government plan, Nepal Oil Corporation (NOC) is preparing to build five gas storage facilities across various locations of the…

Standard Chartered to Start Digital Signature and Certificate
Standard Chartered to Start Digital Signature and Certificate
  0   1 minutes 23 seconds to read

April 6: Standard Chartered Bank (SCB) has become the first commercial bank in Nepal to use the Digital Signature and Certificate (DSC). Bank has penned a deal with Nepal Certifying Company (NCC) to deliver DSC. The agreement was signed by Gorakh Rana, Head of Commercial Banking & International Clients of Standard Chartered and Biplav Man Sigh, Chairman of NCC on behalf of their respective…

Janata Bank in 7th year
Janata Bank in 7th year
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April 6 : Janata Bank Nepal has completed its 6 years of operation. On the occasion, the bank organised a blood donation programme at its head office premises on April 5. Around 58 participants including bank’s staffs, shareholders and customers were present in the programme.…

Disaster Prevention Important to Keep the Economy Afloat: Private sector
Disaster Prevention Important to Keep the Economy Afloat: Private sector
  0   1 minutes 4 seconds to read

Business leaders and corporate groups have stressed on the need for strategic risk reduction planning in order to cope with future disasters, minimize business loss, and keep the industries functioning in disaster situations. In an interactive workshop entitled ‘Business Interruption Loss Control Program’, held in Kathmandu on April 4 by the Confederation of Neplalese Industry…

Insurance of bee, Ostrich and Mushroom Cultivation to Start
  0   1 minutes 35 seconds to read

April 6: Nepali farmers can now insure their bees, ostriches and mushroom cultivation. Insurance board (IB) recently made public such types of insurance schemes under agricultural insurance. “Demand of such insurance policies in insurance companies has prompted us to introduce bee, mushroom and ostrich insurance schemes,” says Kundan Sapkota, Deputy Director of IB.…

  Mahindra Launches KUV100 in Nepal
Mahindra Launches KUV100 in Nepal
  0   1 minutes 50 seconds to read

April 6 : Indian automobile manufacturer Mahindra has unveiled KUV100 compact SUV in Nepal. The company on April 6, launched the all new four-wheeler amid a programme in Kathmandu. Powered by all new mFALCON engine, KUV100 marks Mahindra’s entry into petrol engine…