NEWS

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
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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…

Shine Resunga's Branch at Kharjyang
Shine Resunga's Branch at Kharjyang
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February 15: Shine Resunga Development Bank has started a branch at Kharjyang of Gulmi. The bank having workstation at 10 districts now has 27 branches and two extension counters with the addition. With the paid-up capital of Rs 1.1 billion, the bank collected Rs 9.20 billion deposits and extended Rs 8.17 billion loans within mid-January 2017. "During the period, the bank earned Rs 260.8 million operating profit," said Prakash Poudel, CEO of the…

Siddhartha Insurance Adds Two New Branches under Its Wing
Siddhartha Insurance Adds Two New Branches under Its Wing
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February 15: Siddhartha Insurance has started two new branches at Chabahil and Samakhusi. Chiranjibi Chapagain, Chairman of Insurance Board and Manoj Kumar Kedia, Chairman of BOD of the company jointly inaugurated the branches amid a separate programs organised on February…

'Citizens 5 yearly Fixed Plan'
'Citizens 5 yearly Fixed Plan'
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February 15: Citizens Bank International has launched 'Citizens 5 yearly Fixed Deposit Plan' that offers attractive interest rates. Issuing a press statement, the bank informed that the customers can start an account which provides 12 per cent interest rate per annum with minimum of Rs 100,000 balance under the…

Micromax Launches Canvas Ultra M1 in Nepali Market
Micromax Launches Canvas Ultra M1 in Nepali Market
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February 15: Micromax has launched Canvas Ultra M1 in the Nepali market. Issing a press statement, the company informed that the newly launched handset has special and standard processor compared to other…

Janata Bank to Acquire Triveni Dev. Bank
Janata Bank to Acquire Triveni Dev. Bank
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February 14: The Janata Bank is to acquire Triveni Development Bank. The proposal of its acquisition has been endorsed during the seventh Annual General Meeting (AGM) of the Janata bank held on February…

Sixth Property Expo to be organised in April
Sixth Property Expo to be organised in April
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February 14: Nepal Land and Housing Developers Association is organizing the Sixth Property Expo-2017 Nepal from April 7 to April 10. The expo will be held at Bhrikutimandap in…

Kushaha-Kataiya Transmission Line on Trial
Kushaha-Kataiya Transmission Line on Trial
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February 14: Kushaha-Kataiya 132 KV transmission line has entered into its trial phase after completion of the construction works. Currently, tests of the transmission line and other installed equipments before charge are being conducted. The 15-kilometer transmission line was completed in around 10…

Ncell Launches ‘Facebook Free’ Offer under its ‘Internet for All’ Theme

February 15: Ncell has unveiled an exciting offer ‘Facebook Free’ in collaboration with Facebook, under the theme ‘Internet for All’. Issuing a press statement, the company informed that all Ncell customers with data capable phones can now use majority features of the popular social networking site Facebook for…

LG Bags 21 CES Innovation Awards
LG Bags 21 CES Innovation Awards
  0   1 minutes 38 seconds to read

February 14: Korean consumer electronics major LG Electronics has bagged 21 awards at CES 2017 Innovation Awards. The Consumer Technology Association (CTA), the organiser of the world’s largest technology show CES, recognised LG for innovations in technology and design of its various…