NEWS

Carlsberg Participates in Earth Hour
Carlsberg Participates in Earth Hour
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March 26: Carlsberg Group has yet again participated in the ‘Earth Hour’ event in a bid to draw attention to climate change. Under the event, it switched off non-essential lights at breweries, offices, billboards, warehouses, garages and other locations from 8:30pm-9:30pm on March…

Ncell Shuts Free Twitter and Wikipedia Service
Ncell Shuts Free Twitter and Wikipedia Service
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March 26: Ncell has shut down its free Twitter services from Saturday, March 25. The privately owned telecommunication company was providing the free surfing of the popular social networking site Twitter to its customers since the last two…

Xiaomi Mi Note 2 in the Market
Xiaomi Mi Note 2 in the Market
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March 26: Chinese handset brand Xiaomi has introduced Mi Note 2 smartphone in the Nepali Market. Vatsal Impex, a subsidiary of the Sharada Group and the authorised dealer of Xiaomi phones in Nepal has launched the new…

Siddhartha Devt’s Branch at Janakpur
Siddhartha Devt’s Branch at Janakpur
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March 26: Siddhartha Development Bank has started its 36th branch at Bhanuchowk, Janakpur. Shiva Shanker Shah, President of Janakpur Chamber of Commerce and Industries and Ram Bahadur Bhandari, BOD Chairman of the bank jointly inaugurated the branch amid a program. On the occasion, Bhandari informed about the services and facilities of the bank. Along with the branch, the bank also started an ATM outlet in the location.…

RBB Grants Computers to Schools in Bhojpur
RBB Grants Computers to Schools in Bhojpur
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March 26: Rastriya Banijya Bank (RBB) has provided computers to schools in rural area of Bhojpur. The bank provided a set of computer and a laptop each to Vidyodaya Secondary, Saraswoti Primary and Ram Amar Shahid Library under its corporate social responsibility. The bank provided the computer to the schools through a social organization Ishwor Mandir. Dr Rabindra Prasad Pandey, Chairman of the bank handed over the computers to Pramesh KC, Chairman of the social organization Ishwor Mandir to be distributed to the schools.…

Oppo F3 Plus Launched
Oppo F3 Plus Launched
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March 24: Chinese smartphone maker, Oppo has launched F3 Plus handset in the Nepali market. The company in a press statement said that the handset having dual-selfie cameras with 120 degree wide angle for group selfies has been launched in markets of India, Indonesia, Philippines, Vietnam and Myanmar. The company has started the pre-booking of the phone in the Nepal from March…

Low Attraction on NRB's Foreign Employment Savings Bond
Low Attraction on NRB's Foreign Employment Savings Bond
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March 24: The foreign employment savings bond issued by the Nepal Rastra Bank (NRB) on behalf of the government recently has earned apparently low attraction among the targeted…

Century Bank Starts BLB Service in Tokha
Century Bank Starts BLB Service in Tokha
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March 24: Century Commercial Bank has started its 4th branchless banking (BLB) service in Tokha, Kathmandu. The bank organizing a program inaugurated the BLB service on March…

NIC Asia Capital Granted Deposit Facility by CDSC
NIC Asia Capital Granted Deposit Facility by CDSC
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March 24: NIC Asia Capital, a subsidiary company of NIC Asia Bank has obtained approval for securities deposit from CDS and Clearing (CDSC). Earlier, the facility was available from NIC Asia Bank. Along with it, NIC Asia Capital also started its official website.…

Prabhu Appoints NCM as its Issue Manager
Prabhu Appoints NCM as its Issue Manager
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March 24: Prabhu bank has appointed NCM Merchant Banking as its issue manager. The bank appointed the issue manager to float 40 per cent right shares approved by its 15th annual general meeting. Ashok Sherchan, CEO of Prabhu Bank and Bijay Lal Shrestha, CEO of NCM signed a memorandum of understanding regarding the share issuance on March 23.…

Mahindra Introduces New Offer for New Year
Mahindra Introduces New Offer for New Year
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March 22: Agni Moto Inc, the authorized distributor of Mahindra two-wheelers for Nepal has introduced special offer on the occasion of New Year 2074. The company introduced the new scheme ‘Naya Barsa Yespali, Scratch Garau Dui Tali’ for the upcoming New Year…

Yeti Devt Bank’s Financial Literacy Campaign Kicks off
Yeti Devt Bank’s Financial Literacy Campaign Kicks off
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March 22: Yeti Development Bank has started financial literacy campaign with a slogan ‘Jodaun Ek Nata Kholi Bankma Khata’. Given that Nepal Rastra Bank brought mandatory policy for all BFIs to organize such campaign, the bank started financial literacy campaign. According to Sagar Sharma, CEO of the bank, the bank has started to provide necessary information to the public as per their convenience through its 25 branches.…

Gulf Lube’s Technical Meet
Gulf Lube’s Technical Meet
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March 22: Nepal Lube Oil, the authorized distributor of Gulf Lubricants for Nepal and Ave Trading, the authorized distributor for Kathmandu have organized technical meet in Kathmandu. Issuing a press statement, the company informed that there was participation of more than 200 people including…

ICRA Grants 4+ Rating to Right Share of Prabhu Insurance
ICRA Grants 4+ Rating to Right Share of Prabhu Insurance
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March 22: Prabhu Insurance is issuing 2:1 right shares to its existing shareholders. The company will commence the issuance on April 12 to end on May 16. The company is issuing 1,925,078.81 units of right shares with a face value of Rs 100 each. ICRA Nepal has granted 4 plus rating to the right share…

Prudential Insurance to Distribute 20 % Bonus Share
Prudential Insurance to Distribute 20 % Bonus Share
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March 22: Prudential Insurance is distributing 20 per cent bonus share to its shareholders. The 15th annual general meeting of the company held on March 21 unanimously approved a proposal of distributing the bonus share. The meeting also approved a proposal of issuing 30 per cent right shares of the paid-up capital maintained after distribution of bonus share. Presently, the company has paid-up capital of Rs 356.4 million which will increase to Rs 555.9 million…