Skyworth washing machine launched

Published On: November 20, 2016 09:50 PM NPT By: Republica

KATHMANDU, Nov 20: Smart Appliances, the authorized distributors of Skyworth Electronics, has introduced Skyworth's latest washing machine with advanced Direct Drive Technology in Nepal.

Muktinath Dev Bank to give 34% bonus shares

Published On: November 20, 2016 09:50 PM NPT By: Republica

KATHMANDU, Nov 20: The 10th Annual General Meeting (AGM) of Muktinath Development Bank Ltd held in Pokhara has decided to distribute 34 percent stock dividends to its shareholders.

CBIL starts branchless banking

Published On: November 20, 2016 09:50 PM NPT By: Republica

KATHMANDU, Nov 20: Citizens Bank International Ltd (CBIL) has started branchless banking service in Jamuni VDC of Bardiya.

Mahindra YUVO launched

Published On: November 20, 2016 09:45 PM NPT By: Republica

KATHMANDU, Nov 20: Mahindra Ltd, a part of Mahindra Group, has announced the launch of its new Mahindra YUVO range of tractors in the Nepali market.

Citizens Bank International  starts branchless banking

Published On: November 20, 2016 07:28 PM NPT By: Republica

KATHMANDU, Nov 21: Citizens Bank International Ltd (CBIL) has started branchless banking service in Jamuni VDC of Bardiya.

Birla Group launches quiet ceiling fans in Nepali market

Published On: November 20, 2016 06:45 PM NPT By: Republica

KATHMANDU, Nov 20: India’s CK Birla Group, the famous multinational company of CK Birla, has entered into Nepali market.

Volkswagen to shed 30,000 jobs, cutting costs after scandal

Published On: November 20, 2016 03:01 PM NPT By: Associated Press

FRANKFURT, Germany, Nov 20: Volkswagen announced plans Friday to cut 30,000 jobs in a wide-ranging restructuring of its namesake brand as it tries to recover from a scandal over cars rigged to cheat on diesel emissions tests.

UPDATE: The Nepse benchmark index plunged 58.46 points, or 3.53 percent, to close at 1,599.62 points. The market remained volatile thorough out the trading day as panicked investors, with no apparent reasons, scrambled to offload their shares.

Make NEA a profitable business: Minister Sharma

Published On: November 20, 2016 02:03 PM NPT By: Republica

CHITWAN, Nov 20: Energy Minister Janardan Sharma on Sunday directed the employees of Nepal Electricity Authority (NEA) to make the authority a profitable business.

KATHMANDU, Nov 19: When India Prime Minister Narendra Modi withdrew the legal tender of Indian 500 and 1,000 rupee banknotes on November 8, it was meant to curb 'black money' and corruption, but the move itself has ironically created a new black market -- illegal exchange of those notes held in Nepal.