Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 60]
Code Context
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		'Article' => array(
			'id' => '5497',
			'article_category_id' => '1',
			'title' => 'New Draft of Fuel Purchase Deal Gives Space for 3rd Country Fuel Supply',
			'sub_title' => '',
			'summary' => 'March 10: In the verge of end of fuel purchase deal between Indian Oil Corporation (IOC) and Nepal Oil Corporation (NOC) regarding fuel import, a new draft of the agreement has been prepared. The agreement which took place five years ago is valid till March. The new draft also contains a provision that makes the country import 100 per cent fuel from India. However, a provision giving Nepal freedom to import fuel from any third country if IOC fails to deliver the fuel as per demand has also been i',
			'content' => '<p style="text-align: justify;">March 10: In the verge of end of fuel purchase deal between Indian Oil Corporation (IOC) and Nepal Oil Corporation (NOC) regarding fuel import, a new draft of the agreement has been prepared. The agreement which took place five years ago is valid till March. The new draft also contains a provision that makes the country import 100 per cent fuel from India. However, a provision giving Nepal freedom to import fuel from any third country if IOC fails to deliver the fuel as per demand has also been included in the new draft. NOC that import fuel only from the Indian corporation has obtained IOC approval to import fuel from the third country as well.</p>

<p style="text-align: justify;">The new draft also include a mechanism where IOC will not only provide &lsquo;no objection&rsquo; letter to NOC but will also process the crude oil if Nepal imports fuel from the third country, informed the domestic corporation. &nbsp;Moreover, the neighboring country will also give access to its infrastructure if Nepal purchases crude oil from the third country, according to the new draft. &ldquo;Similarly, the draft also contain a provision that states if Nepal purchase crude oil from any third country, India will provide its refinery on lease to process the oil,&rdquo; &nbsp;said Sita Ram Pokharel, Chief of Distribution Department of NOC. He also clarified that it has been agreed that India will easily provide &lsquo;no objection&rsquo; letter to NOC if it starts its own refinery in the country.</p>

<p style="text-align: justify;">According to the NOC , after a long discussion between high officials of both corporations, the agreement got its final structure.&nbsp; As per a source, the draft also contain a provision that said the current new draft will not restrict in operating refinery in Nepal and IOC will supply 100 per cent fuel meeting the demand of Nepal.&nbsp; The draft finalised the issue of renewing fuel purchase agreement for next five years. The new agreement will come into effect from coming April to March 31, 2022.&nbsp;</p>
',
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			'created' => '2017-03-10',
			'modified' => '2017-03-10',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5284',
			'image' => '20170310012633_IOC-NOC.jpg',
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			'id' => '5490',
			'article_category_id' => '1',
			'title' => 'Kul Man Ghising Proposed for Ramon Magsaysay Award',
			'sub_title' => '',
			'summary' => 'March 10: Kul Man Ghising, Executive Director of Nepal Electricity Authority (NEA) has been proposed for Ramon Magsaysay Award.In a program organized on March 9, Ghising was proposed for the award for his contribution on electricity management.',
			'content' => '<p style="text-align: justify;">March 10: Kul Man Ghising, Executive Director of Nepal Electricity Authority (NEA) has been proposed for Ramon Magsaysay Award.In a program organized on March 9, Ghising was proposed for the award for his contribution on electricity management.</p>

<p style="text-align: justify;">&ldquo;Ghising has done courageous job by pull the country towards light which was earlier reeling under acute energy crisis,&rdquo; mentioned the proposal.</p>

<p style="text-align: justify;">The request letter was handed over to Princess Maria Amor Torres&rsquo;, social worker of Philippines by Sujit Acharya, Chairman of Energy Development Council.&nbsp;</p>
',
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			'created' => '2017-03-10',
			'modified' => '2017-03-10',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5282',
			'image' => '20170310113915_kulman.jpg',
			'article_date' => '2017-03-10 00:00:00',
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		'Article' => array(
			'id' => '5489',
			'article_category_id' => '1',
			'title' => 'Tamakoshi-3 Investor from Open Competition',
			'sub_title' => '',
			'summary' => 'March 10: Investor for Tamakoshi-3 Hydroelectricity Project (HEP) is set to be selected from open competition. Investment Board has planned to grant the HEP to the capable, experienced and compassionate investor who intends to give maximum benefit to the country.  In the recently held Nepal Investment Summit, Chinese company Bulling Power showed interest in the HEP. For that, it has already announced to make investment of USD 1.2 billion. However, if the HEP is granted like this, it might be unfair to other investors, opined Board. “Being a big project, it should be granted to any company through bidding so that other interested companies will a',
			'content' => '<p style="text-align:justify">March 10: Investor&nbsp;for Tamakoshi-3 Hydroelectricity Project (HEP) is set to be selected from open competition. Investment Board has planned to grant the HEP to the capable, experienced and compassionate investor who intends to give maximum benefit to the country. &nbsp;In the recently held Nepal Investment Summit, Chinese company Bulling Power showed interest in the HEP. For that, it has already announced to make investment of USD 1.2 billion. However, if the HEP is granted like this, it might be unfair to other investors, opined Board. &ldquo;Being a big project, it should be granted to any company through bidding so that other interested companies will also get fair chance,&rdquo; said Madhu Prasad Bhetwal, Spokesperson of Board. Few other Chinese and Japanese companies have also shown interest on the HEP.</p>

<p style="text-align:justify">The board has already sent the development modality of Tamakoshi-3 to Energy Ministry one month ago. However, the ministry has not responded to the modality till date, as per the board. On the other hand, Dinesh Ghimire, Spokesperson of the ministry said that it has not received any such documents. The ministry has listed the HEP in the projects to be developed as company model. As per this, joint investment from government, public and foreign investors is provisioned.</p>

<p style="text-align:justify">Initially, power generated from the project has been targeted to export to India. Due to which, Stat Kraft Nor fund Company (NS Power) had surveyed the project. However, declining electricity price in India led the company to withdraw its decision.</p>

<p style="text-align:justify">Presently, Energy Ministry is planning to consume the power generated in the country itself. It is rumored that the project which was initially set to build at 880 MW capacity will be now built with 650 MW capacity. &ldquo;Without detail study, the exact capacity could not be determined,&rdquo; said Ghimire. He added &ldquo;if the water level, geographical condition favors, the HEP will be built with high capacity.&rdquo;</p>

<p style="text-align:justify">The HEP will be developed as Picking-Run-Of-River project. It can accumulate 157.8 million cubic water for one and half month. The reservoir will affect 424 hectors surrounding land.&nbsp;</p>
',
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			'sortorder' => '5281',
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			'id' => '5491',
			'article_category_id' => '1',
			'title' => 'Bajaj Showroom in Rampur',
			'sub_title' => '',
			'summary' => 'March 10: HH Bajaj, the authorised distributor of Bajaj for Nepal has opened its new showroom ‘Manakamana Auto Works’ in Rampur, Palpa. The customers can easily get spare parts and accessories in a newly opened showroom, said the company issuing a press statement. On the occasion of the opening, the showroom will provide special discount and prizes to its customers, reads the statement. ',
			'content' => '<p style="text-align:justify">March 10<strong>:&nbsp;</strong>HH Bajaj, the authorised distributor of Bajaj for Nepal has opened its new showroom &lsquo;Manakamana Auto Works&rsquo; in Rampur, Palpa. The customers can easily get spare parts and accessories in a newly opened showroom, said the company issuing a press statement. On the occasion of the opening, the showroom will provide special discount and prizes to its customers, reads the statement.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-03-10',
			'modified' => '2017-03-10',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5281',
			'image' => '20170310115056_bajaj.jpg',
			'article_date' => '2017-03-10 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 4 => array(
		'Article' => array(
			'id' => '5492',
			'article_category_id' => '1',
			'title' => 'Asian Paints' Ultima Protek in the Market',
			'sub_title' => '',
			'summary' => 'March 10: Asian Paints has launched Apex Ultima Protek in the Nepali market. According to the company, the customers using the product will have attractive outer walls for many years.',
			'content' => '<p style="text-align:justify">March 10: Asian Paints has launched Apex Ultima Protek in the Nepali market. According to the company, the customers using the product will have attractive outer walls for many years.</p>

<p style="text-align:justify">The company informed that the new product is based on double coat external paint system. The exterior emulsion paint is based on warm technology so it helps to protect walls from dampening.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-03-10',
			'modified' => '2017-03-10',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5281',
			'image' => '20170310115324_asian paints.jpg',
			'article_date' => '2017-03-10 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 5 => array(
		'Article' => array(
			'id' => '5493',
			'article_category_id' => '1',
			'title' => 'Sipradian Sahayata Supports Cricket Players',
			'sub_title' => '',
			'summary' => 'March 10: Sipradian Sahayata Sanstha has supported the national cricket players Sunil Dhamala and Aarif Sheikh with sports kits. Sambhu Prasad Dahal, Vice-chairman of institute and Director of Sipradi Trading and Saurav RAj Thapaliya, Vice-chairman of the company have jointly handed over one cricket bat, pad and helmet to each players. The institution h',
			'content' => '<p style="text-align:justify">March 10: Sipradian Sahayata Sanstha has supported the national cricket players Sunil Dhamala and Aarif Sheikh with sports kits. Sambhu Prasad Dahal, Vice-chairman of institute and Director of Sipradi Trading and Saurav RAj Thapaliya, Vice-chairman of the company have jointly handed over one cricket bat, pad and helmet to each players. The institution has been sponsoring these two athletes for past six months, informs the company.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-03-10',
			'modified' => '2017-03-10',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5281',
			'image' => '20170310115645_sipradian.jpg',
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		'Article' => array(
			'id' => '5494',
			'article_category_id' => '1',
			'title' => 'Parents' Day of Nagarjuna Academy Held',
			'sub_title' => '',
			'summary' => 'March 10: Nagaurjuna Academy, located at Kupondole-1 Gusingal has organised 10th Parents' Day- 2073 on the occasion of International Women's Day. According to the academy, there was cultural program and prize distribution ceremony in the event. The program was held under the chairmanship of Prof Dr Ram Bikram Sijapati, Chairman of School Management Committee. The students showed their dance performances in various songs and presented drama in Nepali and English languages, informed the academy.',
			'content' => '<p style="text-align:justify">March 10: Nagaurjuna Academy, located at Kupondole-1 Gusingal has organised 10th Parents&#39; Day- 2073 on the occasion of International Women&#39;s Day. According to the academy, there was cultural program and prize distribution ceremony in the event. The program was held under the chairmanship of Prof Dr Ram Bikram Sijapati, Chairman of School Management Committee. The students showed their dance performances in various songs and presented drama in Nepali and English languages, informed the academy.</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2017-03-10',
			'modified' => '2017-03-10',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5281',
			'image' => '20170310115926_nagarjun academy.jpg',
			'article_date' => '2017-03-10 00:00:00',
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		'Article' => array(
			'id' => '5495',
			'article_category_id' => '1',
			'title' => ''Culture Share Nepal' Program in America',
			'sub_title' => '',
			'summary' => 'March 10: 'Culture Share Nepal' program was held at Washington, United States of America (USA) for the promotion of Nepali cultural diversity. According to the organiser, the program was jointly organised by Shoreline Municipality of Washington state and Youth for Culture Promotion for the promotion of cultural diversity of Nepal.',
			'content' => '<p style="text-align:justify">March 10: &#39;Culture Share Nepal&#39; program was held at Washington, United States of America (USA) for the promotion of Nepali cultural diversity. According to the organiser, the program was jointly organised by Shoreline Municipality of Washington state and Youth for Culture Promotion for the promotion of cultural diversity of Nepal.</p>

<p style="text-align:justify">As per the organiser, the program showcased 25 different Nepali folk musical instruments, handicrafts, art, daily goods, books exhibition, Nepali dishes and organised various cultural programs as well.</p>

<p style="text-align:justify">Similarly, in the second session of the program there was Nepali musical and dance performances and workshop, informed the organiser. &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;</p>
',
			'published' => true,
			'created' => '2017-03-10',
			'modified' => '2017-03-10',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5281',
			'image' => '20170310121507_culture share.jpg',
			'article_date' => '2017-03-10 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
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	(int) 8 => array(
		'Article' => array(
			'id' => '5496',
			'article_category_id' => '1',
			'title' => 'NB Bank Opens Branch at Maharajgunj',
			'sub_title' => '',
			'summary' => 'March 10: Nepal Bangladesh (NB) Bank has opened its new branch at Maharajgunj. Shiva Raj Shrestha, Deputy Governor of Nepal Rastra Bank inaugurated the new branch amid a',
			'content' => '<p style="text-align:justify">March 10: Nepal Bangladesh (NB) Bank has opened its new branch at Maharajgunj. Shiva Raj Shrestha, Deputy Governor of Nepal Rastra Bank inaugurated the new branch amid a program on March 8. Issuing a press statement, the bank informed that the new branch opened on Women&#39;s day has only women staffs including a Branch Manager. With the newly opened branch, the bank is providing financial services to its customers through 44 branches, three extension counters, seven branchless door-to-door banking services and 41 ATMs throughout the country. &nbsp;</p>

<p style="text-align:justify">&nbsp;</p>
',
			'published' => true,
			'created' => '2017-03-10',
			'modified' => '2017-03-10',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5281',
			'image' => '20170310124245_nb bank.jpg',
			'article_date' => '2017-03-10 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 9 => array(
		'Article' => array(
			'id' => '5498',
			'article_category_id' => '1',
			'title' => 'Nepali App to Detect Calls from Unknown Number',
			'sub_title' => '',
			'summary' => 'March 10: The Nepali mobile app developing company, I-tech Nepal has launched its new app in the Nepali market. According to the company, the app is helpful to detect and find unknown caller from unknown number or unsaved number easily. The company claims that the users of this application can find the caller once the mobile ri',
			'content' => '<p style="text-align:justify">March 10: The Nepali mobile app developing company, I-tech Nepal has launched its new app in the Nepali market. According to the company, the app is helpful to detect and find unknown caller from unknown number or unsaved number easily. The company claims that the users of this application can find the caller once the mobile ringtone rings. As per Jiban Neupane, Acting Director of the company, it is the first app which is made by Nepali for the use of Nepalis.</p>

<p style="text-align:justify">There are many Nepali apps which are proved to be important in daily lives of the people. The users can use this app by downloading it from Google play store, informed the company. Viewing today&#39;s stiff competition among the apps in the world, the company has uploaded the new app named as Nepal Color in the app store.</p>

<p style="text-align:justify">Acting Director, Neupane said, &quot;The app is available in Android version for now. The company expects that the app will provide satisfaction of its users.&quot;</p>
',
			'published' => true,
			'created' => '2017-03-10',
			'modified' => '2017-03-10',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5281',
			'image' => '20170310013344_nepali app.jpg',
			'article_date' => '2017-03-10 00:00:00',
			'homepage' => false,
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	(int) 10 => array(
		'Article' => array(
			'id' => '5499',
			'article_category_id' => '1',
			'title' => 'Muktinath Bikas Bank Opens 4 New Branches',
			'sub_title' => '',
			'summary' => 'March 10: Muktinath Bikas Bank has opened its four new branches in Bhumahi of Nawalparasi, Birgunj, Sidhhicharan and Rampur of Okhaldhunga. Bhim Bahadur Thapa Chhetri, President of Nawalparasi Chamber of Commerce and Industry and Bharat Raj Dhakal, CEO of the bank jointly inaugurated the branches of Bhumahi and Birgunj respectively.',
			'content' => '<p style="text-align:justify">March 10: Muktinath Bikas Bank has opened its four new branches in Bhumahi of Nawalparasi, Birgunj, Sidhhicharan and Rampur of Okhaldhunga. Bhim Bahadur Thapa Chhetri, President of Nawalparasi Chamber of Commerce and Industry and Bharat Raj Dhakal, CEO of the bank jointly inaugurated the branches of Bhumahi and Birgunj respectively.</p>

<p style="text-align:justify">Similarly, both branches of Okhaldhunga were inaugurated by Fanindra Dahal, Chief District Officer of Okhaldhunga. CEO Dhakal and Pradhyuman Pokharel, Deputy Chief Acting Officer spoke about the past, present situation and future strategies of the bank on the occasion.</p>

<p style="text-align:justify">The bank with the message &#39;Public should not go to the bank, bank should go to the public&#39; has been providing its services through 55 branches.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-03-10',
			'modified' => '2017-03-10',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5281',
			'image' => '20170310014347_muktinath.jpg',
			'article_date' => '2017-03-10 00:00:00',
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	(int) 11 => array(
		'Article' => array(
			'id' => '5484',
			'article_category_id' => '1',
			'title' => 'SEBON to Investigate Dispute on FPO Allocation of Forward Community Mf',
			'sub_title' => '',
			'summary' => 'March 9: Securities Board of Nepal (SEBON) has started investigation on the complaint filed against allocation of further public offering (FPO) of Forward Community Microfinance citing irregularities. “Some small investors have requested SEBON for an inquiry demanding investigation against share allocation on multiple forms having same application numbers. Upon receiving complaints from them, SEBON has started the investigation,” said Niranjan Ghimire, Assistant Spokesperson of the board. He informed that the board talked to Nabil Investment Banking, Share Registrar of the microfinance regarding the matter.',
			'content' => '<p style="text-align:justify">March 9: Securities Board of Nepal (SEBON) has started investigation on the complaint filed against allocation of further public offering (FPO) of Forward Community Microfinance citing irregularities. &ldquo;Some small investors have requested SEBON for an inquiry demanding investigation against share allocation on multiple forms having same application numbers. Upon receiving complaints from them, SEBON has started the investigation,&rdquo; said Niranjan Ghimire, Assistant Spokesperson of the board. He informed that the board talked to Nabil Investment Banking, Share Registrar of the microfinance regarding the matter.</p>

<p style="text-align:justify"><br />
&ldquo;The mistake could have occurred due to ASBA implementation. It is not intentional but might be a technical error. &nbsp;The board is investigation about the truth behind the mistake,&rdquo; he added. In the share allocation of Forward Community, share appliers Laxmi Bhattarai, Sanjay Bhandari and Yasodha Neupane having same application number have submitted application to Nabil Investment Bank demanding shares allocated to other share applicants.</p>

<p style="text-align:justify"><br />
&ldquo;It might be some technical error due to implementation of ASBA system but not a fault of ours,&rdquo; said Prabin Raman Parajuli, CEO of Nabil Investment, also the Issue Manager for Forward Community. &ldquo;The customers and media hypothetically blamed of intentional irregularities,&rdquo; he objected. &ldquo;This is not our mistake even though we are ready to answer the regulatory body.&rdquo;</p>

<p style="text-align:justify"><br />
Meanwhile, as per share applicant Bhandari, he applied for the FPO along with his sisters-in-law Laxmi Bhattarai and Yasoda Neupane. However, another investors obtained the shares on the same application numbers. He questioned how could it be happened and demanded the shares allocated to his application number. He also clarified that in order to know the truth behind the mistakes, he along with other applicants submitted an inquiry application to SEBON and urges other investors to do the same on the occurrence of any problems.&nbsp;</p>

<p style="text-align:justify"><br />
Laxmi Bhattarai, Sanjay Bhandari and Yasoda Neupane applied for the FPO through 17057, 17058 and 17059 application numbers. According to share allocation result published in official website of Nabil Investment Banking, Rajan Shrestha having 17057, Gauri Shanker Shrestha having 17058 and Rupak Dhanwantari having 15059 application numbers were allocated the FPO shares. &nbsp;</p>

<p style="text-align:justify">&nbsp;</p>
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		'Article' => array(
			'id' => '5487',
			'article_category_id' => '1',
			'title' => 'Kamana Bikas Bank to Issue 21.5 % Bonus Shares',
			'sub_title' => '',
			'summary' => 'March 9: Kamana Bikas Bank is issuing 21.58 per cent bonus shares to its shareholders. The bank approved a proposal to issue bonus shares on its 10th annual general meeting (AGM) on March 9 at Pokhara. Issuing a press statement, the bank informed that the meeting approved the annual report and financial report of the last FY presented by Rajendra Nidhi Koirala, Chairman of the bank.',
			'content' => '<p style="text-align:justify">March 9: Kamana Bikas Bank is issuing 21.58 per cent bonus shares to its shareholders. The bank approved a proposal to issue bonus shares on its 10th annual general meeting (AGM) on March 9 at Pokhara. Issuing a press statement, the bank informed that the meeting approved the annual report and financial report of the last FY presented by Rajendra Nidhi Koirala, Chairman of the bank.</p>

<p style="text-align:justify">&ldquo;Similarly, the meeting also approved a proposal of issuing 30 per cent right shares of its paid-up capital maintained after distribution of bonus share.&rdquo; said Toya Raj Adhikari, CEO of the bank. Moreover, the meeting unanimously elected Shree Ram Pandey, Khem Nath Bhattarai, Chaturakhar Adhikari, Sudip Acharya, Bishnu Raj Parajuli, Dev Krishna Kafle, Bal Ram Baral and Madan Sharma as board members of the bank.</p>

<p style="text-align:justify">The BOD meeting held after the AGM elected Sudip Acharya as Chairman of BOD of the bank, informed the bank.</p>
',
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			'created' => '2017-03-09',
			'modified' => '2017-03-09',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5280',
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		'Article' => array(
			'id' => '5488',
			'article_category_id' => '1',
			'title' => 'Right Share Issuance of Gurkhas Finance in the Pipeline',
			'sub_title' => '',
			'summary' => 'March 9: Gurkhas Finance has requested for an approval from Securities Board of Nepal (SEBON) for the issuance of its right shares. The company submitted an application to SEBON on March 7 requesting approval for 2,893,313 units of right shares in the ratio of 2:1. The issue manager of the right share issuance is NIBL Capital Market. The paid-up capital',
			'content' => '<p style="text-align:justify">March 9: Gurkhas Finance has requested for an approval from Securities Board of Nepal (SEBON) for the issuance of its right shares. The company submitted an application to SEBON on March 7 requesting approval for 2,893,313 units of right shares in the ratio of 2:1. The issue manager of the right share issuance is NIBL Capital Market. The paid-up capital of the company will rise to Rs 867.9 million after the right share issuance from the current paid-up capital of Rs 578.6 million. The company earned Rs 107 million profit by the second quarter of the current FY. The profit earned is attributed to Rs 131.5 million net interest income and Rs 232.7 million collection of bad debt.</p>

<p style="text-align:justify">By the end of second quarter of the current FY, the company has Rs 292.1 million in its reserve fund. The company has 2.11 per cent inactive loan and has allocated Rs 146.6 million in provision for possible risk. The earning per share of the company is Rs 36.99 and has liquidity ratio of 30.95 per cent.&nbsp;</p>
',
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			'id' => '5486',
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			'title' => 'Winner of Toyota Dream Car Art Contest Announced',
			'sub_title' => '',
			'summary' => 'March 9: United Traders Syndicate, the authorised distributor of Japanese company Toyota for Nepal has announced the winner of 'Toyota Dream Car Art Contest'. The company distributed prize to the winner amid a program on March 6. According to the company, the contest that ran for five months  had more than 600,000 contestants throughout the country. ',
			'content' => '<p style="text-align: justify;">March 9: United Traders Syndicate, the authorised distributor of Japanese company Toyota for Nepal has announced the winner of &#39;Toyota Dream Car Art Contest&#39;. The company distributed prize to the winner amid a program on March 6. According to the company, the contest that ran for five months &nbsp;had more than 600,000 contestants throughout the country.&nbsp;</p>
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View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117

Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity &quot;&quot; [APP/View/Elements/side_bar.ctp, line 60]
Code Context
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$articles = array(
	(int) 0 => array(
		'Article' => array(
			'id' => '5497',
			'article_category_id' => '1',
			'title' => 'New Draft of Fuel Purchase Deal Gives Space for 3rd Country Fuel Supply',
			'sub_title' => '',
			'summary' => 'March 10: In the verge of end of fuel purchase deal between Indian Oil Corporation (IOC) and Nepal Oil Corporation (NOC) regarding fuel import, a new draft of the agreement has been prepared. The agreement which took place five years ago is valid till March. The new draft also contains a provision that makes the country import 100 per cent fuel from India. However, a provision giving Nepal freedom to import fuel from any third country if IOC fails to deliver the fuel as per demand has also been i',
			'content' => '<p style="text-align: justify;">March 10: In the verge of end of fuel purchase deal between Indian Oil Corporation (IOC) and Nepal Oil Corporation (NOC) regarding fuel import, a new draft of the agreement has been prepared. The agreement which took place five years ago is valid till March. The new draft also contains a provision that makes the country import 100 per cent fuel from India. However, a provision giving Nepal freedom to import fuel from any third country if IOC fails to deliver the fuel as per demand has also been included in the new draft. NOC that import fuel only from the Indian corporation has obtained IOC approval to import fuel from the third country as well.</p>

<p style="text-align: justify;">The new draft also include a mechanism where IOC will not only provide &lsquo;no objection&rsquo; letter to NOC but will also process the crude oil if Nepal imports fuel from the third country, informed the domestic corporation. &nbsp;Moreover, the neighboring country will also give access to its infrastructure if Nepal purchases crude oil from the third country, according to the new draft. &ldquo;Similarly, the draft also contain a provision that states if Nepal purchase crude oil from any third country, India will provide its refinery on lease to process the oil,&rdquo; &nbsp;said Sita Ram Pokharel, Chief of Distribution Department of NOC. He also clarified that it has been agreed that India will easily provide &lsquo;no objection&rsquo; letter to NOC if it starts its own refinery in the country.</p>

<p style="text-align: justify;">According to the NOC , after a long discussion between high officials of both corporations, the agreement got its final structure.&nbsp; As per a source, the draft also contain a provision that said the current new draft will not restrict in operating refinery in Nepal and IOC will supply 100 per cent fuel meeting the demand of Nepal.&nbsp; The draft finalised the issue of renewing fuel purchase agreement for next five years. The new agreement will come into effect from coming April to March 31, 2022.&nbsp;</p>
',
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			'created' => '2017-03-10',
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			'keywords' => '',
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			'sortorder' => '5284',
			'image' => '20170310012633_IOC-NOC.jpg',
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			'id' => '5490',
			'article_category_id' => '1',
			'title' => 'Kul Man Ghising Proposed for Ramon Magsaysay Award',
			'sub_title' => '',
			'summary' => 'March 10: Kul Man Ghising, Executive Director of Nepal Electricity Authority (NEA) has been proposed for Ramon Magsaysay Award.In a program organized on March 9, Ghising was proposed for the award for his contribution on electricity management.',
			'content' => '<p style="text-align: justify;">March 10: Kul Man Ghising, Executive Director of Nepal Electricity Authority (NEA) has been proposed for Ramon Magsaysay Award.In a program organized on March 9, Ghising was proposed for the award for his contribution on electricity management.</p>

<p style="text-align: justify;">&ldquo;Ghising has done courageous job by pull the country towards light which was earlier reeling under acute energy crisis,&rdquo; mentioned the proposal.</p>

<p style="text-align: justify;">The request letter was handed over to Princess Maria Amor Torres&rsquo;, social worker of Philippines by Sujit Acharya, Chairman of Energy Development Council.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-03-10',
			'modified' => '2017-03-10',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5282',
			'image' => '20170310113915_kulman.jpg',
			'article_date' => '2017-03-10 00:00:00',
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		'Article' => array(
			'id' => '5489',
			'article_category_id' => '1',
			'title' => 'Tamakoshi-3 Investor from Open Competition',
			'sub_title' => '',
			'summary' => 'March 10: Investor for Tamakoshi-3 Hydroelectricity Project (HEP) is set to be selected from open competition. Investment Board has planned to grant the HEP to the capable, experienced and compassionate investor who intends to give maximum benefit to the country.  In the recently held Nepal Investment Summit, Chinese company Bulling Power showed interest in the HEP. For that, it has already announced to make investment of USD 1.2 billion. However, if the HEP is granted like this, it might be unfair to other investors, opined Board. “Being a big project, it should be granted to any company through bidding so that other interested companies will a',
			'content' => '<p style="text-align:justify">March 10: Investor&nbsp;for Tamakoshi-3 Hydroelectricity Project (HEP) is set to be selected from open competition. Investment Board has planned to grant the HEP to the capable, experienced and compassionate investor who intends to give maximum benefit to the country. &nbsp;In the recently held Nepal Investment Summit, Chinese company Bulling Power showed interest in the HEP. For that, it has already announced to make investment of USD 1.2 billion. However, if the HEP is granted like this, it might be unfair to other investors, opined Board. &ldquo;Being a big project, it should be granted to any company through bidding so that other interested companies will also get fair chance,&rdquo; said Madhu Prasad Bhetwal, Spokesperson of Board. Few other Chinese and Japanese companies have also shown interest on the HEP.</p>

<p style="text-align:justify">The board has already sent the development modality of Tamakoshi-3 to Energy Ministry one month ago. However, the ministry has not responded to the modality till date, as per the board. On the other hand, Dinesh Ghimire, Spokesperson of the ministry said that it has not received any such documents. The ministry has listed the HEP in the projects to be developed as company model. As per this, joint investment from government, public and foreign investors is provisioned.</p>

<p style="text-align:justify">Initially, power generated from the project has been targeted to export to India. Due to which, Stat Kraft Nor fund Company (NS Power) had surveyed the project. However, declining electricity price in India led the company to withdraw its decision.</p>

<p style="text-align:justify">Presently, Energy Ministry is planning to consume the power generated in the country itself. It is rumored that the project which was initially set to build at 880 MW capacity will be now built with 650 MW capacity. &ldquo;Without detail study, the exact capacity could not be determined,&rdquo; said Ghimire. He added &ldquo;if the water level, geographical condition favors, the HEP will be built with high capacity.&rdquo;</p>

<p style="text-align:justify">The HEP will be developed as Picking-Run-Of-River project. It can accumulate 157.8 million cubic water for one and half month. The reservoir will affect 424 hectors surrounding land.&nbsp;</p>
',
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			'created' => '2017-03-10',
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			'keywords' => '',
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			'sortorder' => '5281',
			'image' => '20170310111801_tamakoshi-3.jpg',
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			'id' => '5491',
			'article_category_id' => '1',
			'title' => 'Bajaj Showroom in Rampur',
			'sub_title' => '',
			'summary' => 'March 10: HH Bajaj, the authorised distributor of Bajaj for Nepal has opened its new showroom ‘Manakamana Auto Works’ in Rampur, Palpa. The customers can easily get spare parts and accessories in a newly opened showroom, said the company issuing a press statement. On the occasion of the opening, the showroom will provide special discount and prizes to its customers, reads the statement. ',
			'content' => '<p style="text-align:justify">March 10<strong>:&nbsp;</strong>HH Bajaj, the authorised distributor of Bajaj for Nepal has opened its new showroom &lsquo;Manakamana Auto Works&rsquo; in Rampur, Palpa. The customers can easily get spare parts and accessories in a newly opened showroom, said the company issuing a press statement. On the occasion of the opening, the showroom will provide special discount and prizes to its customers, reads the statement.&nbsp;</p>
',
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			'created' => '2017-03-10',
			'modified' => '2017-03-10',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5281',
			'image' => '20170310115056_bajaj.jpg',
			'article_date' => '2017-03-10 00:00:00',
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		'Article' => array(
			'id' => '5492',
			'article_category_id' => '1',
			'title' => 'Asian Paints' Ultima Protek in the Market',
			'sub_title' => '',
			'summary' => 'March 10: Asian Paints has launched Apex Ultima Protek in the Nepali market. According to the company, the customers using the product will have attractive outer walls for many years.',
			'content' => '<p style="text-align:justify">March 10: Asian Paints has launched Apex Ultima Protek in the Nepali market. According to the company, the customers using the product will have attractive outer walls for many years.</p>

<p style="text-align:justify">The company informed that the new product is based on double coat external paint system. The exterior emulsion paint is based on warm technology so it helps to protect walls from dampening.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-03-10',
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			'keywords' => '',
			'description' => '',
			'sortorder' => '5281',
			'image' => '20170310115324_asian paints.jpg',
			'article_date' => '2017-03-10 00:00:00',
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			'breaking_news' => false,
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			'user_id' => '16'
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	(int) 5 => array(
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			'id' => '5493',
			'article_category_id' => '1',
			'title' => 'Sipradian Sahayata Supports Cricket Players',
			'sub_title' => '',
			'summary' => 'March 10: Sipradian Sahayata Sanstha has supported the national cricket players Sunil Dhamala and Aarif Sheikh with sports kits. Sambhu Prasad Dahal, Vice-chairman of institute and Director of Sipradi Trading and Saurav RAj Thapaliya, Vice-chairman of the company have jointly handed over one cricket bat, pad and helmet to each players. The institution h',
			'content' => '<p style="text-align:justify">March 10: Sipradian Sahayata Sanstha has supported the national cricket players Sunil Dhamala and Aarif Sheikh with sports kits. Sambhu Prasad Dahal, Vice-chairman of institute and Director of Sipradi Trading and Saurav RAj Thapaliya, Vice-chairman of the company have jointly handed over one cricket bat, pad and helmet to each players. The institution has been sponsoring these two athletes for past six months, informs the company.&nbsp;</p>
',
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			'created' => '2017-03-10',
			'modified' => '2017-03-10',
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			'image' => '20170310115645_sipradian.jpg',
			'article_date' => '2017-03-10 00:00:00',
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			'id' => '5494',
			'article_category_id' => '1',
			'title' => 'Parents' Day of Nagarjuna Academy Held',
			'sub_title' => '',
			'summary' => 'March 10: Nagaurjuna Academy, located at Kupondole-1 Gusingal has organised 10th Parents' Day- 2073 on the occasion of International Women's Day. According to the academy, there was cultural program and prize distribution ceremony in the event. The program was held under the chairmanship of Prof Dr Ram Bikram Sijapati, Chairman of School Management Committee. The students showed their dance performances in various songs and presented drama in Nepali and English languages, informed the academy.',
			'content' => '<p style="text-align:justify">March 10: Nagaurjuna Academy, located at Kupondole-1 Gusingal has organised 10th Parents&#39; Day- 2073 on the occasion of International Women&#39;s Day. According to the academy, there was cultural program and prize distribution ceremony in the event. The program was held under the chairmanship of Prof Dr Ram Bikram Sijapati, Chairman of School Management Committee. The students showed their dance performances in various songs and presented drama in Nepali and English languages, informed the academy.</p>

<p>&nbsp;</p>
',
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			'keywords' => '',
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			'sortorder' => '5281',
			'image' => '20170310115926_nagarjun academy.jpg',
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		'Article' => array(
			'id' => '5495',
			'article_category_id' => '1',
			'title' => ''Culture Share Nepal' Program in America',
			'sub_title' => '',
			'summary' => 'March 10: 'Culture Share Nepal' program was held at Washington, United States of America (USA) for the promotion of Nepali cultural diversity. According to the organiser, the program was jointly organised by Shoreline Municipality of Washington state and Youth for Culture Promotion for the promotion of cultural diversity of Nepal.',
			'content' => '<p style="text-align:justify">March 10: &#39;Culture Share Nepal&#39; program was held at Washington, United States of America (USA) for the promotion of Nepali cultural diversity. According to the organiser, the program was jointly organised by Shoreline Municipality of Washington state and Youth for Culture Promotion for the promotion of cultural diversity of Nepal.</p>

<p style="text-align:justify">As per the organiser, the program showcased 25 different Nepali folk musical instruments, handicrafts, art, daily goods, books exhibition, Nepali dishes and organised various cultural programs as well.</p>

<p style="text-align:justify">Similarly, in the second session of the program there was Nepali musical and dance performances and workshop, informed the organiser. &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;</p>
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	(int) 8 => array(
		'Article' => array(
			'id' => '5496',
			'article_category_id' => '1',
			'title' => 'NB Bank Opens Branch at Maharajgunj',
			'sub_title' => '',
			'summary' => 'March 10: Nepal Bangladesh (NB) Bank has opened its new branch at Maharajgunj. Shiva Raj Shrestha, Deputy Governor of Nepal Rastra Bank inaugurated the new branch amid a',
			'content' => '<p style="text-align:justify">March 10: Nepal Bangladesh (NB) Bank has opened its new branch at Maharajgunj. Shiva Raj Shrestha, Deputy Governor of Nepal Rastra Bank inaugurated the new branch amid a program on March 8. Issuing a press statement, the bank informed that the new branch opened on Women&#39;s day has only women staffs including a Branch Manager. With the newly opened branch, the bank is providing financial services to its customers through 44 branches, three extension counters, seven branchless door-to-door banking services and 41 ATMs throughout the country. &nbsp;</p>

<p style="text-align:justify">&nbsp;</p>
',
			'published' => true,
			'created' => '2017-03-10',
			'modified' => '2017-03-10',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5281',
			'image' => '20170310124245_nb bank.jpg',
			'article_date' => '2017-03-10 00:00:00',
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	(int) 9 => array(
		'Article' => array(
			'id' => '5498',
			'article_category_id' => '1',
			'title' => 'Nepali App to Detect Calls from Unknown Number',
			'sub_title' => '',
			'summary' => 'March 10: The Nepali mobile app developing company, I-tech Nepal has launched its new app in the Nepali market. According to the company, the app is helpful to detect and find unknown caller from unknown number or unsaved number easily. The company claims that the users of this application can find the caller once the mobile ri',
			'content' => '<p style="text-align:justify">March 10: The Nepali mobile app developing company, I-tech Nepal has launched its new app in the Nepali market. According to the company, the app is helpful to detect and find unknown caller from unknown number or unsaved number easily. The company claims that the users of this application can find the caller once the mobile ringtone rings. As per Jiban Neupane, Acting Director of the company, it is the first app which is made by Nepali for the use of Nepalis.</p>

<p style="text-align:justify">There are many Nepali apps which are proved to be important in daily lives of the people. The users can use this app by downloading it from Google play store, informed the company. Viewing today&#39;s stiff competition among the apps in the world, the company has uploaded the new app named as Nepal Color in the app store.</p>

<p style="text-align:justify">Acting Director, Neupane said, &quot;The app is available in Android version for now. The company expects that the app will provide satisfaction of its users.&quot;</p>
',
			'published' => true,
			'created' => '2017-03-10',
			'modified' => '2017-03-10',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5281',
			'image' => '20170310013344_nepali app.jpg',
			'article_date' => '2017-03-10 00:00:00',
			'homepage' => false,
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	(int) 10 => array(
		'Article' => array(
			'id' => '5499',
			'article_category_id' => '1',
			'title' => 'Muktinath Bikas Bank Opens 4 New Branches',
			'sub_title' => '',
			'summary' => 'March 10: Muktinath Bikas Bank has opened its four new branches in Bhumahi of Nawalparasi, Birgunj, Sidhhicharan and Rampur of Okhaldhunga. Bhim Bahadur Thapa Chhetri, President of Nawalparasi Chamber of Commerce and Industry and Bharat Raj Dhakal, CEO of the bank jointly inaugurated the branches of Bhumahi and Birgunj respectively.',
			'content' => '<p style="text-align:justify">March 10: Muktinath Bikas Bank has opened its four new branches in Bhumahi of Nawalparasi, Birgunj, Sidhhicharan and Rampur of Okhaldhunga. Bhim Bahadur Thapa Chhetri, President of Nawalparasi Chamber of Commerce and Industry and Bharat Raj Dhakal, CEO of the bank jointly inaugurated the branches of Bhumahi and Birgunj respectively.</p>

<p style="text-align:justify">Similarly, both branches of Okhaldhunga were inaugurated by Fanindra Dahal, Chief District Officer of Okhaldhunga. CEO Dhakal and Pradhyuman Pokharel, Deputy Chief Acting Officer spoke about the past, present situation and future strategies of the bank on the occasion.</p>

<p style="text-align:justify">The bank with the message &#39;Public should not go to the bank, bank should go to the public&#39; has been providing its services through 55 branches.&nbsp;</p>
',
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			'created' => '2017-03-10',
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			'keywords' => '',
			'description' => '',
			'sortorder' => '5281',
			'image' => '20170310014347_muktinath.jpg',
			'article_date' => '2017-03-10 00:00:00',
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	(int) 11 => array(
		'Article' => array(
			'id' => '5484',
			'article_category_id' => '1',
			'title' => 'SEBON to Investigate Dispute on FPO Allocation of Forward Community Mf',
			'sub_title' => '',
			'summary' => 'March 9: Securities Board of Nepal (SEBON) has started investigation on the complaint filed against allocation of further public offering (FPO) of Forward Community Microfinance citing irregularities. “Some small investors have requested SEBON for an inquiry demanding investigation against share allocation on multiple forms having same application numbers. Upon receiving complaints from them, SEBON has started the investigation,” said Niranjan Ghimire, Assistant Spokesperson of the board. He informed that the board talked to Nabil Investment Banking, Share Registrar of the microfinance regarding the matter.',
			'content' => '<p style="text-align:justify">March 9: Securities Board of Nepal (SEBON) has started investigation on the complaint filed against allocation of further public offering (FPO) of Forward Community Microfinance citing irregularities. &ldquo;Some small investors have requested SEBON for an inquiry demanding investigation against share allocation on multiple forms having same application numbers. Upon receiving complaints from them, SEBON has started the investigation,&rdquo; said Niranjan Ghimire, Assistant Spokesperson of the board. He informed that the board talked to Nabil Investment Banking, Share Registrar of the microfinance regarding the matter.</p>

<p style="text-align:justify"><br />
&ldquo;The mistake could have occurred due to ASBA implementation. It is not intentional but might be a technical error. &nbsp;The board is investigation about the truth behind the mistake,&rdquo; he added. In the share allocation of Forward Community, share appliers Laxmi Bhattarai, Sanjay Bhandari and Yasodha Neupane having same application number have submitted application to Nabil Investment Bank demanding shares allocated to other share applicants.</p>

<p style="text-align:justify"><br />
&ldquo;It might be some technical error due to implementation of ASBA system but not a fault of ours,&rdquo; said Prabin Raman Parajuli, CEO of Nabil Investment, also the Issue Manager for Forward Community. &ldquo;The customers and media hypothetically blamed of intentional irregularities,&rdquo; he objected. &ldquo;This is not our mistake even though we are ready to answer the regulatory body.&rdquo;</p>

<p style="text-align:justify"><br />
Meanwhile, as per share applicant Bhandari, he applied for the FPO along with his sisters-in-law Laxmi Bhattarai and Yasoda Neupane. However, another investors obtained the shares on the same application numbers. He questioned how could it be happened and demanded the shares allocated to his application number. He also clarified that in order to know the truth behind the mistakes, he along with other applicants submitted an inquiry application to SEBON and urges other investors to do the same on the occurrence of any problems.&nbsp;</p>

<p style="text-align:justify"><br />
Laxmi Bhattarai, Sanjay Bhandari and Yasoda Neupane applied for the FPO through 17057, 17058 and 17059 application numbers. According to share allocation result published in official website of Nabil Investment Banking, Rajan Shrestha having 17057, Gauri Shanker Shrestha having 17058 and Rupak Dhanwantari having 15059 application numbers were allocated the FPO shares. &nbsp;</p>

<p style="text-align:justify">&nbsp;</p>
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		'Article' => array(
			'id' => '5487',
			'article_category_id' => '1',
			'title' => 'Kamana Bikas Bank to Issue 21.5 % Bonus Shares',
			'sub_title' => '',
			'summary' => 'March 9: Kamana Bikas Bank is issuing 21.58 per cent bonus shares to its shareholders. The bank approved a proposal to issue bonus shares on its 10th annual general meeting (AGM) on March 9 at Pokhara. Issuing a press statement, the bank informed that the meeting approved the annual report and financial report of the last FY presented by Rajendra Nidhi Koirala, Chairman of the bank.',
			'content' => '<p style="text-align:justify">March 9: Kamana Bikas Bank is issuing 21.58 per cent bonus shares to its shareholders. The bank approved a proposal to issue bonus shares on its 10th annual general meeting (AGM) on March 9 at Pokhara. Issuing a press statement, the bank informed that the meeting approved the annual report and financial report of the last FY presented by Rajendra Nidhi Koirala, Chairman of the bank.</p>

<p style="text-align:justify">&ldquo;Similarly, the meeting also approved a proposal of issuing 30 per cent right shares of its paid-up capital maintained after distribution of bonus share.&rdquo; said Toya Raj Adhikari, CEO of the bank. Moreover, the meeting unanimously elected Shree Ram Pandey, Khem Nath Bhattarai, Chaturakhar Adhikari, Sudip Acharya, Bishnu Raj Parajuli, Dev Krishna Kafle, Bal Ram Baral and Madan Sharma as board members of the bank.</p>

<p style="text-align:justify">The BOD meeting held after the AGM elected Sudip Acharya as Chairman of BOD of the bank, informed the bank.</p>
',
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			'created' => '2017-03-09',
			'modified' => '2017-03-09',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5280',
			'image' => '20170309125106_kamana.jpg',
			'article_date' => '2017-03-09 00:00:00',
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		'Article' => array(
			'id' => '5488',
			'article_category_id' => '1',
			'title' => 'Right Share Issuance of Gurkhas Finance in the Pipeline',
			'sub_title' => '',
			'summary' => 'March 9: Gurkhas Finance has requested for an approval from Securities Board of Nepal (SEBON) for the issuance of its right shares. The company submitted an application to SEBON on March 7 requesting approval for 2,893,313 units of right shares in the ratio of 2:1. The issue manager of the right share issuance is NIBL Capital Market. The paid-up capital',
			'content' => '<p style="text-align:justify">March 9: Gurkhas Finance has requested for an approval from Securities Board of Nepal (SEBON) for the issuance of its right shares. The company submitted an application to SEBON on March 7 requesting approval for 2,893,313 units of right shares in the ratio of 2:1. The issue manager of the right share issuance is NIBL Capital Market. The paid-up capital of the company will rise to Rs 867.9 million after the right share issuance from the current paid-up capital of Rs 578.6 million. The company earned Rs 107 million profit by the second quarter of the current FY. The profit earned is attributed to Rs 131.5 million net interest income and Rs 232.7 million collection of bad debt.</p>

<p style="text-align:justify">By the end of second quarter of the current FY, the company has Rs 292.1 million in its reserve fund. The company has 2.11 per cent inactive loan and has allocated Rs 146.6 million in provision for possible risk. The earning per share of the company is Rs 36.99 and has liquidity ratio of 30.95 per cent.&nbsp;</p>
',
			'published' => true,
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			'keywords' => '',
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			'id' => '5486',
			'article_category_id' => '1',
			'title' => 'Winner of Toyota Dream Car Art Contest Announced',
			'sub_title' => '',
			'summary' => 'March 9: United Traders Syndicate, the authorised distributor of Japanese company Toyota for Nepal has announced the winner of 'Toyota Dream Car Art Contest'. The company distributed prize to the winner amid a program on March 6. According to the company, the contest that ran for five months  had more than 600,000 contestants throughout the country. ',
			'content' => '<p style="text-align: justify;">March 9: United Traders Syndicate, the authorised distributor of Japanese company Toyota for Nepal has announced the winner of &#39;Toyota Dream Car Art Contest&#39;. The company distributed prize to the winner amid a program on March 6. According to the company, the contest that ran for five months &nbsp;had more than 600,000 contestants throughout the country.&nbsp;</p>
',
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			'image' => '20170309123909_toyota.jpg',
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		'Article' => array(
			'id' => '5497',
			'article_category_id' => '1',
			'title' => 'New Draft of Fuel Purchase Deal Gives Space for 3rd Country Fuel Supply',
			'sub_title' => '',
			'summary' => 'March 10: In the verge of end of fuel purchase deal between Indian Oil Corporation (IOC) and Nepal Oil Corporation (NOC) regarding fuel import, a new draft of the agreement has been prepared. The agreement which took place five years ago is valid till March. The new draft also contains a provision that makes the country import 100 per cent fuel from India. However, a provision giving Nepal freedom to import fuel from any third country if IOC fails to deliver the fuel as per demand has also been i',
			'content' => '<p style="text-align: justify;">March 10: In the verge of end of fuel purchase deal between Indian Oil Corporation (IOC) and Nepal Oil Corporation (NOC) regarding fuel import, a new draft of the agreement has been prepared. The agreement which took place five years ago is valid till March. The new draft also contains a provision that makes the country import 100 per cent fuel from India. However, a provision giving Nepal freedom to import fuel from any third country if IOC fails to deliver the fuel as per demand has also been included in the new draft. NOC that import fuel only from the Indian corporation has obtained IOC approval to import fuel from the third country as well.</p>

<p style="text-align: justify;">The new draft also include a mechanism where IOC will not only provide &lsquo;no objection&rsquo; letter to NOC but will also process the crude oil if Nepal imports fuel from the third country, informed the domestic corporation. &nbsp;Moreover, the neighboring country will also give access to its infrastructure if Nepal purchases crude oil from the third country, according to the new draft. &ldquo;Similarly, the draft also contain a provision that states if Nepal purchase crude oil from any third country, India will provide its refinery on lease to process the oil,&rdquo; &nbsp;said Sita Ram Pokharel, Chief of Distribution Department of NOC. He also clarified that it has been agreed that India will easily provide &lsquo;no objection&rsquo; letter to NOC if it starts its own refinery in the country.</p>

<p style="text-align: justify;">According to the NOC , after a long discussion between high officials of both corporations, the agreement got its final structure.&nbsp; As per a source, the draft also contain a provision that said the current new draft will not restrict in operating refinery in Nepal and IOC will supply 100 per cent fuel meeting the demand of Nepal.&nbsp; The draft finalised the issue of renewing fuel purchase agreement for next five years. The new agreement will come into effect from coming April to March 31, 2022.&nbsp;</p>
',
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			'image' => '20170310012633_IOC-NOC.jpg',
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			'id' => '5490',
			'article_category_id' => '1',
			'title' => 'Kul Man Ghising Proposed for Ramon Magsaysay Award',
			'sub_title' => '',
			'summary' => 'March 10: Kul Man Ghising, Executive Director of Nepal Electricity Authority (NEA) has been proposed for Ramon Magsaysay Award.In a program organized on March 9, Ghising was proposed for the award for his contribution on electricity management.',
			'content' => '<p style="text-align: justify;">March 10: Kul Man Ghising, Executive Director of Nepal Electricity Authority (NEA) has been proposed for Ramon Magsaysay Award.In a program organized on March 9, Ghising was proposed for the award for his contribution on electricity management.</p>

<p style="text-align: justify;">&ldquo;Ghising has done courageous job by pull the country towards light which was earlier reeling under acute energy crisis,&rdquo; mentioned the proposal.</p>

<p style="text-align: justify;">The request letter was handed over to Princess Maria Amor Torres&rsquo;, social worker of Philippines by Sujit Acharya, Chairman of Energy Development Council.&nbsp;</p>
',
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			'created' => '2017-03-10',
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			'sortorder' => '5282',
			'image' => '20170310113915_kulman.jpg',
			'article_date' => '2017-03-10 00:00:00',
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		'Article' => array(
			'id' => '5489',
			'article_category_id' => '1',
			'title' => 'Tamakoshi-3 Investor from Open Competition',
			'sub_title' => '',
			'summary' => 'March 10: Investor for Tamakoshi-3 Hydroelectricity Project (HEP) is set to be selected from open competition. Investment Board has planned to grant the HEP to the capable, experienced and compassionate investor who intends to give maximum benefit to the country.  In the recently held Nepal Investment Summit, Chinese company Bulling Power showed interest in the HEP. For that, it has already announced to make investment of USD 1.2 billion. However, if the HEP is granted like this, it might be unfair to other investors, opined Board. “Being a big project, it should be granted to any company through bidding so that other interested companies will a',
			'content' => '<p style="text-align:justify">March 10: Investor&nbsp;for Tamakoshi-3 Hydroelectricity Project (HEP) is set to be selected from open competition. Investment Board has planned to grant the HEP to the capable, experienced and compassionate investor who intends to give maximum benefit to the country. &nbsp;In the recently held Nepal Investment Summit, Chinese company Bulling Power showed interest in the HEP. For that, it has already announced to make investment of USD 1.2 billion. However, if the HEP is granted like this, it might be unfair to other investors, opined Board. &ldquo;Being a big project, it should be granted to any company through bidding so that other interested companies will also get fair chance,&rdquo; said Madhu Prasad Bhetwal, Spokesperson of Board. Few other Chinese and Japanese companies have also shown interest on the HEP.</p>

<p style="text-align:justify">The board has already sent the development modality of Tamakoshi-3 to Energy Ministry one month ago. However, the ministry has not responded to the modality till date, as per the board. On the other hand, Dinesh Ghimire, Spokesperson of the ministry said that it has not received any such documents. The ministry has listed the HEP in the projects to be developed as company model. As per this, joint investment from government, public and foreign investors is provisioned.</p>

<p style="text-align:justify">Initially, power generated from the project has been targeted to export to India. Due to which, Stat Kraft Nor fund Company (NS Power) had surveyed the project. However, declining electricity price in India led the company to withdraw its decision.</p>

<p style="text-align:justify">Presently, Energy Ministry is planning to consume the power generated in the country itself. It is rumored that the project which was initially set to build at 880 MW capacity will be now built with 650 MW capacity. &ldquo;Without detail study, the exact capacity could not be determined,&rdquo; said Ghimire. He added &ldquo;if the water level, geographical condition favors, the HEP will be built with high capacity.&rdquo;</p>

<p style="text-align:justify">The HEP will be developed as Picking-Run-Of-River project. It can accumulate 157.8 million cubic water for one and half month. The reservoir will affect 424 hectors surrounding land.&nbsp;</p>
',
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			'id' => '5491',
			'article_category_id' => '1',
			'title' => 'Bajaj Showroom in Rampur',
			'sub_title' => '',
			'summary' => 'March 10: HH Bajaj, the authorised distributor of Bajaj for Nepal has opened its new showroom ‘Manakamana Auto Works’ in Rampur, Palpa. The customers can easily get spare parts and accessories in a newly opened showroom, said the company issuing a press statement. On the occasion of the opening, the showroom will provide special discount and prizes to its customers, reads the statement. ',
			'content' => '<p style="text-align:justify">March 10<strong>:&nbsp;</strong>HH Bajaj, the authorised distributor of Bajaj for Nepal has opened its new showroom &lsquo;Manakamana Auto Works&rsquo; in Rampur, Palpa. The customers can easily get spare parts and accessories in a newly opened showroom, said the company issuing a press statement. On the occasion of the opening, the showroom will provide special discount and prizes to its customers, reads the statement.&nbsp;</p>
',
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			'created' => '2017-03-10',
			'modified' => '2017-03-10',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5281',
			'image' => '20170310115056_bajaj.jpg',
			'article_date' => '2017-03-10 00:00:00',
			'homepage' => false,
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	),
	(int) 4 => array(
		'Article' => array(
			'id' => '5492',
			'article_category_id' => '1',
			'title' => 'Asian Paints' Ultima Protek in the Market',
			'sub_title' => '',
			'summary' => 'March 10: Asian Paints has launched Apex Ultima Protek in the Nepali market. According to the company, the customers using the product will have attractive outer walls for many years.',
			'content' => '<p style="text-align:justify">March 10: Asian Paints has launched Apex Ultima Protek in the Nepali market. According to the company, the customers using the product will have attractive outer walls for many years.</p>

<p style="text-align:justify">The company informed that the new product is based on double coat external paint system. The exterior emulsion paint is based on warm technology so it helps to protect walls from dampening.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-03-10',
			'modified' => '2017-03-10',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5281',
			'image' => '20170310115324_asian paints.jpg',
			'article_date' => '2017-03-10 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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			'user_id' => '16'
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	(int) 5 => array(
		'Article' => array(
			'id' => '5493',
			'article_category_id' => '1',
			'title' => 'Sipradian Sahayata Supports Cricket Players',
			'sub_title' => '',
			'summary' => 'March 10: Sipradian Sahayata Sanstha has supported the national cricket players Sunil Dhamala and Aarif Sheikh with sports kits. Sambhu Prasad Dahal, Vice-chairman of institute and Director of Sipradi Trading and Saurav RAj Thapaliya, Vice-chairman of the company have jointly handed over one cricket bat, pad and helmet to each players. The institution h',
			'content' => '<p style="text-align:justify">March 10: Sipradian Sahayata Sanstha has supported the national cricket players Sunil Dhamala and Aarif Sheikh with sports kits. Sambhu Prasad Dahal, Vice-chairman of institute and Director of Sipradi Trading and Saurav RAj Thapaliya, Vice-chairman of the company have jointly handed over one cricket bat, pad and helmet to each players. The institution has been sponsoring these two athletes for past six months, informs the company.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-03-10',
			'modified' => '2017-03-10',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5281',
			'image' => '20170310115645_sipradian.jpg',
			'article_date' => '2017-03-10 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
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	(int) 6 => array(
		'Article' => array(
			'id' => '5494',
			'article_category_id' => '1',
			'title' => 'Parents' Day of Nagarjuna Academy Held',
			'sub_title' => '',
			'summary' => 'March 10: Nagaurjuna Academy, located at Kupondole-1 Gusingal has organised 10th Parents' Day- 2073 on the occasion of International Women's Day. According to the academy, there was cultural program and prize distribution ceremony in the event. The program was held under the chairmanship of Prof Dr Ram Bikram Sijapati, Chairman of School Management Committee. The students showed their dance performances in various songs and presented drama in Nepali and English languages, informed the academy.',
			'content' => '<p style="text-align:justify">March 10: Nagaurjuna Academy, located at Kupondole-1 Gusingal has organised 10th Parents&#39; Day- 2073 on the occasion of International Women&#39;s Day. According to the academy, there was cultural program and prize distribution ceremony in the event. The program was held under the chairmanship of Prof Dr Ram Bikram Sijapati, Chairman of School Management Committee. The students showed their dance performances in various songs and presented drama in Nepali and English languages, informed the academy.</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2017-03-10',
			'modified' => '2017-03-10',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5281',
			'image' => '20170310115926_nagarjun academy.jpg',
			'article_date' => '2017-03-10 00:00:00',
			'homepage' => false,
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			'main_news' => true,
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	(int) 7 => array(
		'Article' => array(
			'id' => '5495',
			'article_category_id' => '1',
			'title' => ''Culture Share Nepal' Program in America',
			'sub_title' => '',
			'summary' => 'March 10: 'Culture Share Nepal' program was held at Washington, United States of America (USA) for the promotion of Nepali cultural diversity. According to the organiser, the program was jointly organised by Shoreline Municipality of Washington state and Youth for Culture Promotion for the promotion of cultural diversity of Nepal.',
			'content' => '<p style="text-align:justify">March 10: &#39;Culture Share Nepal&#39; program was held at Washington, United States of America (USA) for the promotion of Nepali cultural diversity. According to the organiser, the program was jointly organised by Shoreline Municipality of Washington state and Youth for Culture Promotion for the promotion of cultural diversity of Nepal.</p>

<p style="text-align:justify">As per the organiser, the program showcased 25 different Nepali folk musical instruments, handicrafts, art, daily goods, books exhibition, Nepali dishes and organised various cultural programs as well.</p>

<p style="text-align:justify">Similarly, in the second session of the program there was Nepali musical and dance performances and workshop, informed the organiser. &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;</p>
',
			'published' => true,
			'created' => '2017-03-10',
			'modified' => '2017-03-10',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5281',
			'image' => '20170310121507_culture share.jpg',
			'article_date' => '2017-03-10 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
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	),
	(int) 8 => array(
		'Article' => array(
			'id' => '5496',
			'article_category_id' => '1',
			'title' => 'NB Bank Opens Branch at Maharajgunj',
			'sub_title' => '',
			'summary' => 'March 10: Nepal Bangladesh (NB) Bank has opened its new branch at Maharajgunj. Shiva Raj Shrestha, Deputy Governor of Nepal Rastra Bank inaugurated the new branch amid a',
			'content' => '<p style="text-align:justify">March 10: Nepal Bangladesh (NB) Bank has opened its new branch at Maharajgunj. Shiva Raj Shrestha, Deputy Governor of Nepal Rastra Bank inaugurated the new branch amid a program on March 8. Issuing a press statement, the bank informed that the new branch opened on Women&#39;s day has only women staffs including a Branch Manager. With the newly opened branch, the bank is providing financial services to its customers through 44 branches, three extension counters, seven branchless door-to-door banking services and 41 ATMs throughout the country. &nbsp;</p>

<p style="text-align:justify">&nbsp;</p>
',
			'published' => true,
			'created' => '2017-03-10',
			'modified' => '2017-03-10',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5281',
			'image' => '20170310124245_nb bank.jpg',
			'article_date' => '2017-03-10 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	),
	(int) 9 => array(
		'Article' => array(
			'id' => '5498',
			'article_category_id' => '1',
			'title' => 'Nepali App to Detect Calls from Unknown Number',
			'sub_title' => '',
			'summary' => 'March 10: The Nepali mobile app developing company, I-tech Nepal has launched its new app in the Nepali market. According to the company, the app is helpful to detect and find unknown caller from unknown number or unsaved number easily. The company claims that the users of this application can find the caller once the mobile ri',
			'content' => '<p style="text-align:justify">March 10: The Nepali mobile app developing company, I-tech Nepal has launched its new app in the Nepali market. According to the company, the app is helpful to detect and find unknown caller from unknown number or unsaved number easily. The company claims that the users of this application can find the caller once the mobile ringtone rings. As per Jiban Neupane, Acting Director of the company, it is the first app which is made by Nepali for the use of Nepalis.</p>

<p style="text-align:justify">There are many Nepali apps which are proved to be important in daily lives of the people. The users can use this app by downloading it from Google play store, informed the company. Viewing today&#39;s stiff competition among the apps in the world, the company has uploaded the new app named as Nepal Color in the app store.</p>

<p style="text-align:justify">Acting Director, Neupane said, &quot;The app is available in Android version for now. The company expects that the app will provide satisfaction of its users.&quot;</p>
',
			'published' => true,
			'created' => '2017-03-10',
			'modified' => '2017-03-10',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5281',
			'image' => '20170310013344_nepali app.jpg',
			'article_date' => '2017-03-10 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 10 => array(
		'Article' => array(
			'id' => '5499',
			'article_category_id' => '1',
			'title' => 'Muktinath Bikas Bank Opens 4 New Branches',
			'sub_title' => '',
			'summary' => 'March 10: Muktinath Bikas Bank has opened its four new branches in Bhumahi of Nawalparasi, Birgunj, Sidhhicharan and Rampur of Okhaldhunga. Bhim Bahadur Thapa Chhetri, President of Nawalparasi Chamber of Commerce and Industry and Bharat Raj Dhakal, CEO of the bank jointly inaugurated the branches of Bhumahi and Birgunj respectively.',
			'content' => '<p style="text-align:justify">March 10: Muktinath Bikas Bank has opened its four new branches in Bhumahi of Nawalparasi, Birgunj, Sidhhicharan and Rampur of Okhaldhunga. Bhim Bahadur Thapa Chhetri, President of Nawalparasi Chamber of Commerce and Industry and Bharat Raj Dhakal, CEO of the bank jointly inaugurated the branches of Bhumahi and Birgunj respectively.</p>

<p style="text-align:justify">Similarly, both branches of Okhaldhunga were inaugurated by Fanindra Dahal, Chief District Officer of Okhaldhunga. CEO Dhakal and Pradhyuman Pokharel, Deputy Chief Acting Officer spoke about the past, present situation and future strategies of the bank on the occasion.</p>

<p style="text-align:justify">The bank with the message &#39;Public should not go to the bank, bank should go to the public&#39; has been providing its services through 55 branches.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-03-10',
			'modified' => '2017-03-10',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5281',
			'image' => '20170310014347_muktinath.jpg',
			'article_date' => '2017-03-10 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 11 => array(
		'Article' => array(
			'id' => '5484',
			'article_category_id' => '1',
			'title' => 'SEBON to Investigate Dispute on FPO Allocation of Forward Community Mf',
			'sub_title' => '',
			'summary' => 'March 9: Securities Board of Nepal (SEBON) has started investigation on the complaint filed against allocation of further public offering (FPO) of Forward Community Microfinance citing irregularities. “Some small investors have requested SEBON for an inquiry demanding investigation against share allocation on multiple forms having same application numbers. Upon receiving complaints from them, SEBON has started the investigation,” said Niranjan Ghimire, Assistant Spokesperson of the board. He informed that the board talked to Nabil Investment Banking, Share Registrar of the microfinance regarding the matter.',
			'content' => '<p style="text-align:justify">March 9: Securities Board of Nepal (SEBON) has started investigation on the complaint filed against allocation of further public offering (FPO) of Forward Community Microfinance citing irregularities. &ldquo;Some small investors have requested SEBON for an inquiry demanding investigation against share allocation on multiple forms having same application numbers. Upon receiving complaints from them, SEBON has started the investigation,&rdquo; said Niranjan Ghimire, Assistant Spokesperson of the board. He informed that the board talked to Nabil Investment Banking, Share Registrar of the microfinance regarding the matter.</p>

<p style="text-align:justify"><br />
&ldquo;The mistake could have occurred due to ASBA implementation. It is not intentional but might be a technical error. &nbsp;The board is investigation about the truth behind the mistake,&rdquo; he added. In the share allocation of Forward Community, share appliers Laxmi Bhattarai, Sanjay Bhandari and Yasodha Neupane having same application number have submitted application to Nabil Investment Bank demanding shares allocated to other share applicants.</p>

<p style="text-align:justify"><br />
&ldquo;It might be some technical error due to implementation of ASBA system but not a fault of ours,&rdquo; said Prabin Raman Parajuli, CEO of Nabil Investment, also the Issue Manager for Forward Community. &ldquo;The customers and media hypothetically blamed of intentional irregularities,&rdquo; he objected. &ldquo;This is not our mistake even though we are ready to answer the regulatory body.&rdquo;</p>

<p style="text-align:justify"><br />
Meanwhile, as per share applicant Bhandari, he applied for the FPO along with his sisters-in-law Laxmi Bhattarai and Yasoda Neupane. However, another investors obtained the shares on the same application numbers. He questioned how could it be happened and demanded the shares allocated to his application number. He also clarified that in order to know the truth behind the mistakes, he along with other applicants submitted an inquiry application to SEBON and urges other investors to do the same on the occurrence of any problems.&nbsp;</p>

<p style="text-align:justify"><br />
Laxmi Bhattarai, Sanjay Bhandari and Yasoda Neupane applied for the FPO through 17057, 17058 and 17059 application numbers. According to share allocation result published in official website of Nabil Investment Banking, Rajan Shrestha having 17057, Gauri Shanker Shrestha having 17058 and Rupak Dhanwantari having 15059 application numbers were allocated the FPO shares. &nbsp;</p>

<p style="text-align:justify">&nbsp;</p>
',
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			'created' => '2017-03-09',
			'modified' => '2017-03-09',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5280',
			'image' => '20170309113615_sebon.jpg',
			'article_date' => '2017-03-09 00:00:00',
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	(int) 12 => array(
		'Article' => array(
			'id' => '5487',
			'article_category_id' => '1',
			'title' => 'Kamana Bikas Bank to Issue 21.5 % Bonus Shares',
			'sub_title' => '',
			'summary' => 'March 9: Kamana Bikas Bank is issuing 21.58 per cent bonus shares to its shareholders. The bank approved a proposal to issue bonus shares on its 10th annual general meeting (AGM) on March 9 at Pokhara. Issuing a press statement, the bank informed that the meeting approved the annual report and financial report of the last FY presented by Rajendra Nidhi Koirala, Chairman of the bank.',
			'content' => '<p style="text-align:justify">March 9: Kamana Bikas Bank is issuing 21.58 per cent bonus shares to its shareholders. The bank approved a proposal to issue bonus shares on its 10th annual general meeting (AGM) on March 9 at Pokhara. Issuing a press statement, the bank informed that the meeting approved the annual report and financial report of the last FY presented by Rajendra Nidhi Koirala, Chairman of the bank.</p>

<p style="text-align:justify">&ldquo;Similarly, the meeting also approved a proposal of issuing 30 per cent right shares of its paid-up capital maintained after distribution of bonus share.&rdquo; said Toya Raj Adhikari, CEO of the bank. Moreover, the meeting unanimously elected Shree Ram Pandey, Khem Nath Bhattarai, Chaturakhar Adhikari, Sudip Acharya, Bishnu Raj Parajuli, Dev Krishna Kafle, Bal Ram Baral and Madan Sharma as board members of the bank.</p>

<p style="text-align:justify">The BOD meeting held after the AGM elected Sudip Acharya as Chairman of BOD of the bank, informed the bank.</p>
',
			'published' => true,
			'created' => '2017-03-09',
			'modified' => '2017-03-09',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5280',
			'image' => '20170309125106_kamana.jpg',
			'article_date' => '2017-03-09 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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	(int) 13 => array(
		'Article' => array(
			'id' => '5488',
			'article_category_id' => '1',
			'title' => 'Right Share Issuance of Gurkhas Finance in the Pipeline',
			'sub_title' => '',
			'summary' => 'March 9: Gurkhas Finance has requested for an approval from Securities Board of Nepal (SEBON) for the issuance of its right shares. The company submitted an application to SEBON on March 7 requesting approval for 2,893,313 units of right shares in the ratio of 2:1. The issue manager of the right share issuance is NIBL Capital Market. The paid-up capital',
			'content' => '<p style="text-align:justify">March 9: Gurkhas Finance has requested for an approval from Securities Board of Nepal (SEBON) for the issuance of its right shares. The company submitted an application to SEBON on March 7 requesting approval for 2,893,313 units of right shares in the ratio of 2:1. The issue manager of the right share issuance is NIBL Capital Market. The paid-up capital of the company will rise to Rs 867.9 million after the right share issuance from the current paid-up capital of Rs 578.6 million. The company earned Rs 107 million profit by the second quarter of the current FY. The profit earned is attributed to Rs 131.5 million net interest income and Rs 232.7 million collection of bad debt.</p>

<p style="text-align:justify">By the end of second quarter of the current FY, the company has Rs 292.1 million in its reserve fund. The company has 2.11 per cent inactive loan and has allocated Rs 146.6 million in provision for possible risk. The earning per share of the company is Rs 36.99 and has liquidity ratio of 30.95 per cent.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-03-09',
			'modified' => '2017-03-09',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5280',
			'image' => '20170309033040_gorkhaj.jpg',
			'article_date' => '2017-03-09 00:00:00',
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	(int) 14 => array(
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			'id' => '5486',
			'article_category_id' => '1',
			'title' => 'Winner of Toyota Dream Car Art Contest Announced',
			'sub_title' => '',
			'summary' => 'March 9: United Traders Syndicate, the authorised distributor of Japanese company Toyota for Nepal has announced the winner of 'Toyota Dream Car Art Contest'. The company distributed prize to the winner amid a program on March 6. According to the company, the contest that ran for five months  had more than 600,000 contestants throughout the country. ',
			'content' => '<p style="text-align: justify;">March 9: United Traders Syndicate, the authorised distributor of Japanese company Toyota for Nepal has announced the winner of &#39;Toyota Dream Car Art Contest&#39;. The company distributed prize to the winner amid a program on March 6. According to the company, the contest that ran for five months &nbsp;had more than 600,000 contestants throughout the country.&nbsp;</p>
',
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			'sortorder' => '5279',
			'image' => '20170309123909_toyota.jpg',
			'article_date' => '2017-03-09 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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)
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View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/index.ctp, line 157
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117

Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity &quot;&quot; [APP/View/Elements/side_bar.ctp, line 133]
Code Context
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			'id' => '5497',
			'article_category_id' => '1',
			'title' => 'New Draft of Fuel Purchase Deal Gives Space for 3rd Country Fuel Supply',
			'sub_title' => '',
			'summary' => 'March 10: In the verge of end of fuel purchase deal between Indian Oil Corporation (IOC) and Nepal Oil Corporation (NOC) regarding fuel import, a new draft of the agreement has been prepared. The agreement which took place five years ago is valid till March. The new draft also contains a provision that makes the country import 100 per cent fuel from India. However, a provision giving Nepal freedom to import fuel from any third country if IOC fails to deliver the fuel as per demand has also been i',
			'content' => '<p style="text-align: justify;">March 10: In the verge of end of fuel purchase deal between Indian Oil Corporation (IOC) and Nepal Oil Corporation (NOC) regarding fuel import, a new draft of the agreement has been prepared. The agreement which took place five years ago is valid till March. The new draft also contains a provision that makes the country import 100 per cent fuel from India. However, a provision giving Nepal freedom to import fuel from any third country if IOC fails to deliver the fuel as per demand has also been included in the new draft. NOC that import fuel only from the Indian corporation has obtained IOC approval to import fuel from the third country as well.</p>

<p style="text-align: justify;">The new draft also include a mechanism where IOC will not only provide &lsquo;no objection&rsquo; letter to NOC but will also process the crude oil if Nepal imports fuel from the third country, informed the domestic corporation. &nbsp;Moreover, the neighboring country will also give access to its infrastructure if Nepal purchases crude oil from the third country, according to the new draft. &ldquo;Similarly, the draft also contain a provision that states if Nepal purchase crude oil from any third country, India will provide its refinery on lease to process the oil,&rdquo; &nbsp;said Sita Ram Pokharel, Chief of Distribution Department of NOC. He also clarified that it has been agreed that India will easily provide &lsquo;no objection&rsquo; letter to NOC if it starts its own refinery in the country.</p>

<p style="text-align: justify;">According to the NOC , after a long discussion between high officials of both corporations, the agreement got its final structure.&nbsp; As per a source, the draft also contain a provision that said the current new draft will not restrict in operating refinery in Nepal and IOC will supply 100 per cent fuel meeting the demand of Nepal.&nbsp; The draft finalised the issue of renewing fuel purchase agreement for next five years. The new agreement will come into effect from coming April to March 31, 2022.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-03-10',
			'modified' => '2017-03-10',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5284',
			'image' => '20170310012633_IOC-NOC.jpg',
			'article_date' => '2017-03-10 00:00:00',
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	),
	(int) 1 => array(
		'Article' => array(
			'id' => '5490',
			'article_category_id' => '1',
			'title' => 'Kul Man Ghising Proposed for Ramon Magsaysay Award',
			'sub_title' => '',
			'summary' => 'March 10: Kul Man Ghising, Executive Director of Nepal Electricity Authority (NEA) has been proposed for Ramon Magsaysay Award.In a program organized on March 9, Ghising was proposed for the award for his contribution on electricity management.',
			'content' => '<p style="text-align: justify;">March 10: Kul Man Ghising, Executive Director of Nepal Electricity Authority (NEA) has been proposed for Ramon Magsaysay Award.In a program organized on March 9, Ghising was proposed for the award for his contribution on electricity management.</p>

<p style="text-align: justify;">&ldquo;Ghising has done courageous job by pull the country towards light which was earlier reeling under acute energy crisis,&rdquo; mentioned the proposal.</p>

<p style="text-align: justify;">The request letter was handed over to Princess Maria Amor Torres&rsquo;, social worker of Philippines by Sujit Acharya, Chairman of Energy Development Council.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-03-10',
			'modified' => '2017-03-10',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5282',
			'image' => '20170310113915_kulman.jpg',
			'article_date' => '2017-03-10 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 2 => array(
		'Article' => array(
			'id' => '5489',
			'article_category_id' => '1',
			'title' => 'Tamakoshi-3 Investor from Open Competition',
			'sub_title' => '',
			'summary' => 'March 10: Investor for Tamakoshi-3 Hydroelectricity Project (HEP) is set to be selected from open competition. Investment Board has planned to grant the HEP to the capable, experienced and compassionate investor who intends to give maximum benefit to the country.  In the recently held Nepal Investment Summit, Chinese company Bulling Power showed interest in the HEP. For that, it has already announced to make investment of USD 1.2 billion. However, if the HEP is granted like this, it might be unfair to other investors, opined Board. “Being a big project, it should be granted to any company through bidding so that other interested companies will a',
			'content' => '<p style="text-align:justify">March 10: Investor&nbsp;for Tamakoshi-3 Hydroelectricity Project (HEP) is set to be selected from open competition. Investment Board has planned to grant the HEP to the capable, experienced and compassionate investor who intends to give maximum benefit to the country. &nbsp;In the recently held Nepal Investment Summit, Chinese company Bulling Power showed interest in the HEP. For that, it has already announced to make investment of USD 1.2 billion. However, if the HEP is granted like this, it might be unfair to other investors, opined Board. &ldquo;Being a big project, it should be granted to any company through bidding so that other interested companies will also get fair chance,&rdquo; said Madhu Prasad Bhetwal, Spokesperson of Board. Few other Chinese and Japanese companies have also shown interest on the HEP.</p>

<p style="text-align:justify">The board has already sent the development modality of Tamakoshi-3 to Energy Ministry one month ago. However, the ministry has not responded to the modality till date, as per the board. On the other hand, Dinesh Ghimire, Spokesperson of the ministry said that it has not received any such documents. The ministry has listed the HEP in the projects to be developed as company model. As per this, joint investment from government, public and foreign investors is provisioned.</p>

<p style="text-align:justify">Initially, power generated from the project has been targeted to export to India. Due to which, Stat Kraft Nor fund Company (NS Power) had surveyed the project. However, declining electricity price in India led the company to withdraw its decision.</p>

<p style="text-align:justify">Presently, Energy Ministry is planning to consume the power generated in the country itself. It is rumored that the project which was initially set to build at 880 MW capacity will be now built with 650 MW capacity. &ldquo;Without detail study, the exact capacity could not be determined,&rdquo; said Ghimire. He added &ldquo;if the water level, geographical condition favors, the HEP will be built with high capacity.&rdquo;</p>

<p style="text-align:justify">The HEP will be developed as Picking-Run-Of-River project. It can accumulate 157.8 million cubic water for one and half month. The reservoir will affect 424 hectors surrounding land.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-03-10',
			'modified' => '2017-03-10',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5281',
			'image' => '20170310111801_tamakoshi-3.jpg',
			'article_date' => '2017-03-10 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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	(int) 3 => array(
		'Article' => array(
			'id' => '5491',
			'article_category_id' => '1',
			'title' => 'Bajaj Showroom in Rampur',
			'sub_title' => '',
			'summary' => 'March 10: HH Bajaj, the authorised distributor of Bajaj for Nepal has opened its new showroom ‘Manakamana Auto Works’ in Rampur, Palpa. The customers can easily get spare parts and accessories in a newly opened showroom, said the company issuing a press statement. On the occasion of the opening, the showroom will provide special discount and prizes to its customers, reads the statement. ',
			'content' => '<p style="text-align:justify">March 10<strong>:&nbsp;</strong>HH Bajaj, the authorised distributor of Bajaj for Nepal has opened its new showroom &lsquo;Manakamana Auto Works&rsquo; in Rampur, Palpa. The customers can easily get spare parts and accessories in a newly opened showroom, said the company issuing a press statement. On the occasion of the opening, the showroom will provide special discount and prizes to its customers, reads the statement.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-03-10',
			'modified' => '2017-03-10',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5281',
			'image' => '20170310115056_bajaj.jpg',
			'article_date' => '2017-03-10 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 4 => array(
		'Article' => array(
			'id' => '5492',
			'article_category_id' => '1',
			'title' => 'Asian Paints' Ultima Protek in the Market',
			'sub_title' => '',
			'summary' => 'March 10: Asian Paints has launched Apex Ultima Protek in the Nepali market. According to the company, the customers using the product will have attractive outer walls for many years.',
			'content' => '<p style="text-align:justify">March 10: Asian Paints has launched Apex Ultima Protek in the Nepali market. According to the company, the customers using the product will have attractive outer walls for many years.</p>

<p style="text-align:justify">The company informed that the new product is based on double coat external paint system. The exterior emulsion paint is based on warm technology so it helps to protect walls from dampening.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-03-10',
			'modified' => '2017-03-10',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5281',
			'image' => '20170310115324_asian paints.jpg',
			'article_date' => '2017-03-10 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 5 => array(
		'Article' => array(
			'id' => '5493',
			'article_category_id' => '1',
			'title' => 'Sipradian Sahayata Supports Cricket Players',
			'sub_title' => '',
			'summary' => 'March 10: Sipradian Sahayata Sanstha has supported the national cricket players Sunil Dhamala and Aarif Sheikh with sports kits. Sambhu Prasad Dahal, Vice-chairman of institute and Director of Sipradi Trading and Saurav RAj Thapaliya, Vice-chairman of the company have jointly handed over one cricket bat, pad and helmet to each players. The institution h',
			'content' => '<p style="text-align:justify">March 10: Sipradian Sahayata Sanstha has supported the national cricket players Sunil Dhamala and Aarif Sheikh with sports kits. Sambhu Prasad Dahal, Vice-chairman of institute and Director of Sipradi Trading and Saurav RAj Thapaliya, Vice-chairman of the company have jointly handed over one cricket bat, pad and helmet to each players. The institution has been sponsoring these two athletes for past six months, informs the company.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-03-10',
			'modified' => '2017-03-10',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5281',
			'image' => '20170310115645_sipradian.jpg',
			'article_date' => '2017-03-10 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	),
	(int) 6 => array(
		'Article' => array(
			'id' => '5494',
			'article_category_id' => '1',
			'title' => 'Parents' Day of Nagarjuna Academy Held',
			'sub_title' => '',
			'summary' => 'March 10: Nagaurjuna Academy, located at Kupondole-1 Gusingal has organised 10th Parents' Day- 2073 on the occasion of International Women's Day. According to the academy, there was cultural program and prize distribution ceremony in the event. The program was held under the chairmanship of Prof Dr Ram Bikram Sijapati, Chairman of School Management Committee. The students showed their dance performances in various songs and presented drama in Nepali and English languages, informed the academy.',
			'content' => '<p style="text-align:justify">March 10: Nagaurjuna Academy, located at Kupondole-1 Gusingal has organised 10th Parents&#39; Day- 2073 on the occasion of International Women&#39;s Day. According to the academy, there was cultural program and prize distribution ceremony in the event. The program was held under the chairmanship of Prof Dr Ram Bikram Sijapati, Chairman of School Management Committee. The students showed their dance performances in various songs and presented drama in Nepali and English languages, informed the academy.</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2017-03-10',
			'modified' => '2017-03-10',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5281',
			'image' => '20170310115926_nagarjun academy.jpg',
			'article_date' => '2017-03-10 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	),
	(int) 7 => array(
		'Article' => array(
			'id' => '5495',
			'article_category_id' => '1',
			'title' => ''Culture Share Nepal' Program in America',
			'sub_title' => '',
			'summary' => 'March 10: 'Culture Share Nepal' program was held at Washington, United States of America (USA) for the promotion of Nepali cultural diversity. According to the organiser, the program was jointly organised by Shoreline Municipality of Washington state and Youth for Culture Promotion for the promotion of cultural diversity of Nepal.',
			'content' => '<p style="text-align:justify">March 10: &#39;Culture Share Nepal&#39; program was held at Washington, United States of America (USA) for the promotion of Nepali cultural diversity. According to the organiser, the program was jointly organised by Shoreline Municipality of Washington state and Youth for Culture Promotion for the promotion of cultural diversity of Nepal.</p>

<p style="text-align:justify">As per the organiser, the program showcased 25 different Nepali folk musical instruments, handicrafts, art, daily goods, books exhibition, Nepali dishes and organised various cultural programs as well.</p>

<p style="text-align:justify">Similarly, in the second session of the program there was Nepali musical and dance performances and workshop, informed the organiser. &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;</p>
',
			'published' => true,
			'created' => '2017-03-10',
			'modified' => '2017-03-10',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5281',
			'image' => '20170310121507_culture share.jpg',
			'article_date' => '2017-03-10 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 8 => array(
		'Article' => array(
			'id' => '5496',
			'article_category_id' => '1',
			'title' => 'NB Bank Opens Branch at Maharajgunj',
			'sub_title' => '',
			'summary' => 'March 10: Nepal Bangladesh (NB) Bank has opened its new branch at Maharajgunj. Shiva Raj Shrestha, Deputy Governor of Nepal Rastra Bank inaugurated the new branch amid a',
			'content' => '<p style="text-align:justify">March 10: Nepal Bangladesh (NB) Bank has opened its new branch at Maharajgunj. Shiva Raj Shrestha, Deputy Governor of Nepal Rastra Bank inaugurated the new branch amid a program on March 8. Issuing a press statement, the bank informed that the new branch opened on Women&#39;s day has only women staffs including a Branch Manager. With the newly opened branch, the bank is providing financial services to its customers through 44 branches, three extension counters, seven branchless door-to-door banking services and 41 ATMs throughout the country. &nbsp;</p>

<p style="text-align:justify">&nbsp;</p>
',
			'published' => true,
			'created' => '2017-03-10',
			'modified' => '2017-03-10',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5281',
			'image' => '20170310124245_nb bank.jpg',
			'article_date' => '2017-03-10 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 9 => array(
		'Article' => array(
			'id' => '5498',
			'article_category_id' => '1',
			'title' => 'Nepali App to Detect Calls from Unknown Number',
			'sub_title' => '',
			'summary' => 'March 10: The Nepali mobile app developing company, I-tech Nepal has launched its new app in the Nepali market. According to the company, the app is helpful to detect and find unknown caller from unknown number or unsaved number easily. The company claims that the users of this application can find the caller once the mobile ri',
			'content' => '<p style="text-align:justify">March 10: The Nepali mobile app developing company, I-tech Nepal has launched its new app in the Nepali market. According to the company, the app is helpful to detect and find unknown caller from unknown number or unsaved number easily. The company claims that the users of this application can find the caller once the mobile ringtone rings. As per Jiban Neupane, Acting Director of the company, it is the first app which is made by Nepali for the use of Nepalis.</p>

<p style="text-align:justify">There are many Nepali apps which are proved to be important in daily lives of the people. The users can use this app by downloading it from Google play store, informed the company. Viewing today&#39;s stiff competition among the apps in the world, the company has uploaded the new app named as Nepal Color in the app store.</p>

<p style="text-align:justify">Acting Director, Neupane said, &quot;The app is available in Android version for now. The company expects that the app will provide satisfaction of its users.&quot;</p>
',
			'published' => true,
			'created' => '2017-03-10',
			'modified' => '2017-03-10',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5281',
			'image' => '20170310013344_nepali app.jpg',
			'article_date' => '2017-03-10 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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			'in_scroller' => false,
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	(int) 10 => array(
		'Article' => array(
			'id' => '5499',
			'article_category_id' => '1',
			'title' => 'Muktinath Bikas Bank Opens 4 New Branches',
			'sub_title' => '',
			'summary' => 'March 10: Muktinath Bikas Bank has opened its four new branches in Bhumahi of Nawalparasi, Birgunj, Sidhhicharan and Rampur of Okhaldhunga. Bhim Bahadur Thapa Chhetri, President of Nawalparasi Chamber of Commerce and Industry and Bharat Raj Dhakal, CEO of the bank jointly inaugurated the branches of Bhumahi and Birgunj respectively.',
			'content' => '<p style="text-align:justify">March 10: Muktinath Bikas Bank has opened its four new branches in Bhumahi of Nawalparasi, Birgunj, Sidhhicharan and Rampur of Okhaldhunga. Bhim Bahadur Thapa Chhetri, President of Nawalparasi Chamber of Commerce and Industry and Bharat Raj Dhakal, CEO of the bank jointly inaugurated the branches of Bhumahi and Birgunj respectively.</p>

<p style="text-align:justify">Similarly, both branches of Okhaldhunga were inaugurated by Fanindra Dahal, Chief District Officer of Okhaldhunga. CEO Dhakal and Pradhyuman Pokharel, Deputy Chief Acting Officer spoke about the past, present situation and future strategies of the bank on the occasion.</p>

<p style="text-align:justify">The bank with the message &#39;Public should not go to the bank, bank should go to the public&#39; has been providing its services through 55 branches.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-03-10',
			'modified' => '2017-03-10',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5281',
			'image' => '20170310014347_muktinath.jpg',
			'article_date' => '2017-03-10 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
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	(int) 11 => array(
		'Article' => array(
			'id' => '5484',
			'article_category_id' => '1',
			'title' => 'SEBON to Investigate Dispute on FPO Allocation of Forward Community Mf',
			'sub_title' => '',
			'summary' => 'March 9: Securities Board of Nepal (SEBON) has started investigation on the complaint filed against allocation of further public offering (FPO) of Forward Community Microfinance citing irregularities. “Some small investors have requested SEBON for an inquiry demanding investigation against share allocation on multiple forms having same application numbers. Upon receiving complaints from them, SEBON has started the investigation,” said Niranjan Ghimire, Assistant Spokesperson of the board. He informed that the board talked to Nabil Investment Banking, Share Registrar of the microfinance regarding the matter.',
			'content' => '<p style="text-align:justify">March 9: Securities Board of Nepal (SEBON) has started investigation on the complaint filed against allocation of further public offering (FPO) of Forward Community Microfinance citing irregularities. &ldquo;Some small investors have requested SEBON for an inquiry demanding investigation against share allocation on multiple forms having same application numbers. Upon receiving complaints from them, SEBON has started the investigation,&rdquo; said Niranjan Ghimire, Assistant Spokesperson of the board. He informed that the board talked to Nabil Investment Banking, Share Registrar of the microfinance regarding the matter.</p>

<p style="text-align:justify"><br />
&ldquo;The mistake could have occurred due to ASBA implementation. It is not intentional but might be a technical error. &nbsp;The board is investigation about the truth behind the mistake,&rdquo; he added. In the share allocation of Forward Community, share appliers Laxmi Bhattarai, Sanjay Bhandari and Yasodha Neupane having same application number have submitted application to Nabil Investment Bank demanding shares allocated to other share applicants.</p>

<p style="text-align:justify"><br />
&ldquo;It might be some technical error due to implementation of ASBA system but not a fault of ours,&rdquo; said Prabin Raman Parajuli, CEO of Nabil Investment, also the Issue Manager for Forward Community. &ldquo;The customers and media hypothetically blamed of intentional irregularities,&rdquo; he objected. &ldquo;This is not our mistake even though we are ready to answer the regulatory body.&rdquo;</p>

<p style="text-align:justify"><br />
Meanwhile, as per share applicant Bhandari, he applied for the FPO along with his sisters-in-law Laxmi Bhattarai and Yasoda Neupane. However, another investors obtained the shares on the same application numbers. He questioned how could it be happened and demanded the shares allocated to his application number. He also clarified that in order to know the truth behind the mistakes, he along with other applicants submitted an inquiry application to SEBON and urges other investors to do the same on the occurrence of any problems.&nbsp;</p>

<p style="text-align:justify"><br />
Laxmi Bhattarai, Sanjay Bhandari and Yasoda Neupane applied for the FPO through 17057, 17058 and 17059 application numbers. According to share allocation result published in official website of Nabil Investment Banking, Rajan Shrestha having 17057, Gauri Shanker Shrestha having 17058 and Rupak Dhanwantari having 15059 application numbers were allocated the FPO shares. &nbsp;</p>

<p style="text-align:justify">&nbsp;</p>
',
			'published' => true,
			'created' => '2017-03-09',
			'modified' => '2017-03-09',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5280',
			'image' => '20170309113615_sebon.jpg',
			'article_date' => '2017-03-09 00:00:00',
			'homepage' => false,
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	(int) 12 => array(
		'Article' => array(
			'id' => '5487',
			'article_category_id' => '1',
			'title' => 'Kamana Bikas Bank to Issue 21.5 % Bonus Shares',
			'sub_title' => '',
			'summary' => 'March 9: Kamana Bikas Bank is issuing 21.58 per cent bonus shares to its shareholders. The bank approved a proposal to issue bonus shares on its 10th annual general meeting (AGM) on March 9 at Pokhara. Issuing a press statement, the bank informed that the meeting approved the annual report and financial report of the last FY presented by Rajendra Nidhi Koirala, Chairman of the bank.',
			'content' => '<p style="text-align:justify">March 9: Kamana Bikas Bank is issuing 21.58 per cent bonus shares to its shareholders. The bank approved a proposal to issue bonus shares on its 10th annual general meeting (AGM) on March 9 at Pokhara. Issuing a press statement, the bank informed that the meeting approved the annual report and financial report of the last FY presented by Rajendra Nidhi Koirala, Chairman of the bank.</p>

<p style="text-align:justify">&ldquo;Similarly, the meeting also approved a proposal of issuing 30 per cent right shares of its paid-up capital maintained after distribution of bonus share.&rdquo; said Toya Raj Adhikari, CEO of the bank. Moreover, the meeting unanimously elected Shree Ram Pandey, Khem Nath Bhattarai, Chaturakhar Adhikari, Sudip Acharya, Bishnu Raj Parajuli, Dev Krishna Kafle, Bal Ram Baral and Madan Sharma as board members of the bank.</p>

<p style="text-align:justify">The BOD meeting held after the AGM elected Sudip Acharya as Chairman of BOD of the bank, informed the bank.</p>
',
			'published' => true,
			'created' => '2017-03-09',
			'modified' => '2017-03-09',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5280',
			'image' => '20170309125106_kamana.jpg',
			'article_date' => '2017-03-09 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 13 => array(
		'Article' => array(
			'id' => '5488',
			'article_category_id' => '1',
			'title' => 'Right Share Issuance of Gurkhas Finance in the Pipeline',
			'sub_title' => '',
			'summary' => 'March 9: Gurkhas Finance has requested for an approval from Securities Board of Nepal (SEBON) for the issuance of its right shares. The company submitted an application to SEBON on March 7 requesting approval for 2,893,313 units of right shares in the ratio of 2:1. The issue manager of the right share issuance is NIBL Capital Market. The paid-up capital',
			'content' => '<p style="text-align:justify">March 9: Gurkhas Finance has requested for an approval from Securities Board of Nepal (SEBON) for the issuance of its right shares. The company submitted an application to SEBON on March 7 requesting approval for 2,893,313 units of right shares in the ratio of 2:1. The issue manager of the right share issuance is NIBL Capital Market. The paid-up capital of the company will rise to Rs 867.9 million after the right share issuance from the current paid-up capital of Rs 578.6 million. The company earned Rs 107 million profit by the second quarter of the current FY. The profit earned is attributed to Rs 131.5 million net interest income and Rs 232.7 million collection of bad debt.</p>

<p style="text-align:justify">By the end of second quarter of the current FY, the company has Rs 292.1 million in its reserve fund. The company has 2.11 per cent inactive loan and has allocated Rs 146.6 million in provision for possible risk. The earning per share of the company is Rs 36.99 and has liquidity ratio of 30.95 per cent.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-03-09',
			'modified' => '2017-03-09',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5280',
			'image' => '20170309033040_gorkhaj.jpg',
			'article_date' => '2017-03-09 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 14 => array(
		'Article' => array(
			'id' => '5486',
			'article_category_id' => '1',
			'title' => 'Winner of Toyota Dream Car Art Contest Announced',
			'sub_title' => '',
			'summary' => 'March 9: United Traders Syndicate, the authorised distributor of Japanese company Toyota for Nepal has announced the winner of 'Toyota Dream Car Art Contest'. The company distributed prize to the winner amid a program on March 6. According to the company, the contest that ran for five months  had more than 600,000 contestants throughout the country. ',
			'content' => '<p style="text-align: justify;">March 9: United Traders Syndicate, the authorised distributor of Japanese company Toyota for Nepal has announced the winner of &#39;Toyota Dream Car Art Contest&#39;. The company distributed prize to the winner amid a program on March 6. According to the company, the contest that ran for five months &nbsp;had more than 600,000 contestants throughout the country.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-03-09',
			'modified' => '2017-03-09',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5279',
			'image' => '20170309123909_toyota.jpg',
			'article_date' => '2017-03-09 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	)
)
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View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/index.ctp, line 157
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
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[main] - APP/webroot/index.php, line 117