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Category Archives: Corporate

Micromax launches new smartphone for Nepali customers

Micromax today launched a new smartphone – Micromax Bolt D303 – in domestic market. The Micromax Bolt D303 – equipped with the latest Android 4.4 Kitkat operating system powered by a 1.3 GHz dual–core processor – has 4-inch Captive WVGA

Huawei launches its flagship brand P8 in Nepal

Huawei launched Huawei P8, the company’s flagship cell phone, in the market. The Chinese company today launched Huawei P8 Lite and TalkBand B2 in the market. The P8 will cost Rs 59,999, whereas P8 Lite and TalkBand B2 will cost

Himalayan Bank, Habib Bank each donate Rs 10 million

Himalayan Bank has provided Rs 10 million to Prime Minister’s Relief fund as a contribution of the bank to the victims of devastating earthquake of April 25. Likewise, the bank’s joint venture partner Habib Bank, Pakistan has also provided Rs

Muraraka takes charge of FNCCI

Pashupati Murarka, who has been elected the 17th president of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) unopposed from the special general meeting today, took charge of his post in the afternoon. “I will discharge my duty

Rana pulls out of race, Muraraka to become FNCCI president

Pashupati Murarka has been unanimously elected the president of Federation of Nepalese Chambers of Commerce and Industry (FNCCI), though officially it will be declared tomorrow evening. Muraraka’s way to the top post of umbrella organisation of domestic private sector has

Three file nomination for FNCCI top post

Three contenders including incumbent officiating president Pashupati Murarka, former senior vice president Bhaskar Raj Rajkarnikar and former vice president Bhawani Rana filed their nomination today for the top post of Federation of Nepalese Chambers of Commerce and Industry (FNCCI) despite

FNCCI opens Innovation Hub

Federation of Nepalese Chambers of Commerce and Industry (FNCCI) today opened the Innovation Hub inside its headquarters. US Embassy Chargé d’ Affaires John Carwile, acting FNCCI president Pashupati Murarka and former president Suraj Vaidya officially opened the Innovation Hub, a

KFC, Pizza Hut closure against Labour Act: Employees

Employees of KFC and Pizza Hut asked Devyani International – the local franchisee of the two international food chains – to resume operations of the food chain as soon as possible. Organising a press meet here in Kathmandu today, members

Government bans import and sale of Maggi noodles

The government imposed a ban on import and sale of Indian noodle brand Maggi in the market from today for an undefined period. Maggi is going to face strong food quality checks, according to spokesperson of Department of Food Technology

Ramdev to start herbal factory in Nepal

Yoga Guru Ramdev is going to establish an Ayurvedic medicine and cosmetic factory in Nepal. The factory will manufacture several herbal products, according to the Patanjali Yogapeeth, Nepal. Ramdev, who will arrive in Nepal on April 23 to conduct a

Ministry collects 210kg polythene in two days

Ministry of Science, Technology and Environment has recovered more than 210-kg of polythene bags within first two days of the enforcement of government decision to ban plastics in the Kathmandu Valley. Secretary at the ministry Dr Krishna Chandra Poudel –

Rethink ban on plastic: FNCCI

The private sector has asked the government to rethink ban on use of polythine bags. Issuing a press release today, Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has said that the ban has adversely affected plastic manufacturing factories.

Investment Board to approve Rs 25 billion cement factory

Investment Board of Nepal is going to approve Rs 25 billion cement factory. The board meeting after the Tihar festival is going to approve India’s Reliance Industries’ Rs 25 billion cement factory for foreign direct investment, informed external affairs head

Nepal, India start petroleum pipeline talks

Nepal and India formally began talks on petroleum pipeline project. The much-hyped 41-km Amlekhgunj-Raxaul petrol pipeline got attention again after the Indian Prime Minister Narendra Modi – during his visit to Kathmandu on August 3-4 – pledged to expedite the

Chaudhary Group awarded ‘Home Land Real Estate Award 2070’

President of Chaudhary Group Binod Chaudhary has been awarded ‘Home Land Real Estate Award 2070’ for paving the way for real estate business in Nepal. Executive director of Chaudhary Group Varun Chaudhary received the award on behalf of the CG

IRD honors six top tax payers of Sagarmatha zone

Inland Revenue Department (IRD) has felicitated six highest taxpayers of Sagarmatha zone. The felicitation – a part of the department’s campaign to felicitate taxpayers making significant contribution in national treasury for the fiscal year 2012-13, was organized in the regional

FNCCI to elect new leadership

The 48th annual general meeting of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) started here today. Constituent Assembly Chairman Subash Nembang inaugurating the meeting stressed the need for private sector’s active role in achieving sustainable economic development.

Thapa bags HR Manager of the Year

Human resources department chief of Uniliever Nepal Ambar Bahadur Thapa bagged the coveted HR Manager of the Year 2013 award. Thapa was awarded at the seventh HR Meet held in Kathmandu today evening. The winner of the ‘HR Manager of