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Business and Corporate

Applicants can apply for public shares by holding their accounts

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By Our Reporter Citizens Bank International Ltd has received permission to collect signature for the stock exchange from the Nepal Stock Exchange Board. The Bank, from 14 January onward, is going to collect signatures from the account holders and hold their cash in their account when they apply for the …

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New Toyota showroom in Kupondole

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United Traders Syndicate, the authorized distributor of Toyota Motors for Nepal, has opened a new Toyota Showroom at Kupondole of Lalitpur. Issuing a statement, the company said that VOITH President Suraj Vaidhya and Managing Director Ritu Singh Vaidhya jointly inaugurated the showroom. According to the company, customers can buy Toyota’s …

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Ncell gets NSP licence

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Nepal Telecommunications Authority (NTA) has issued Network Service Provider (NSP) licence to private telecom operator Ncell. Ncell had applied for NSP at NTA a long time back. Obtaining NSP licence means that Ncell can now enter into bandwidth trading in the domestic market by selling its existing bandwidth to other …

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Newroad Mobile Expo 2073

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Nepal Mobile Traders Association is organising ‘Newroad Mobile Expo 2073’ in Newroad, also known as ‘Mobile Hub’, from December 28 to January 3 where sellers in Kathmandu’s most well-known shopping district will offer their products at reasonable prices. The main sponsor of the mobile expo is Ncell. According to the …

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KBL appoints SCL as issue manager

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Kumari Bank Ltd (KBL) has appointed Siddhartha Capital Ltd (SCL) as the issue manager for the bank’s 50 % rights issue. Issuing a statement, the bank said that Rajib Giri, acting CEO of Kumari Bank and Dhruba Timilsina, CEO of Siddhartha Capital Ltd, signed the agreement on behalf of their …

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NIC Asia tree plantation project

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NIC ASIA has started planting trees as part of its corporate social responsibility (CSR) projects, its chairman Jagdish Prasad Agrawal said in the bank’s nineteenth annual general meeting. “The bank has taken up a target of planting more than 7,000 plants this fiscal year as its CSR project,” Agrawal was …

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Upendra Mahato eying Birgunj Sugar Factory’s land

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By Our Reporter Controversial businessman Upendra Mahato is trying to capture 800 bighas of land belonging to the Birgunj Sugar Factory around Dumarwana, Simira and other places in Birgung city. By using Prime Minister Pushpakamal Dahal’s controversial son Prackash Dahal, Mahato, founding president of the Non Resident Nepalis Association, has …

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The Streets Again

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The impasse in the legislature is to be followed officially in the streets what with the opposition alliance announcing the date for their rally in Kathmandu. It is not just speculation that the streets have been warming up already at their behest but the declaration that they are to hold …

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Grand opening of Chandragiri cable car

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Chandragiri Hills Ltd on Thursday organised a special programme to mark the official launching ceremony of the cable car service. The cable car that was in test-operation since August 8 was officially inaugurated by the Prime Minister Pushpa Kamal Dahal. Invited as chief guest during the programme, PM Dahal enjoyed …

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