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NAC grapples with mounting debt of Rs 51.26 billion
September 3, 2024 11:25 am
KATHMANDU, Sept 3: Nepal Airlines Corporation (NAC), the state-owned airline, is grappling with a mounting debt of Rs 51.26 billion due to its inability to expand its business. While private sector airlines are operating at a profit, the NAC's debt burden has reached Rs 51.26 billion.
EPF to take controversial Basnet owned Kohinoor Hills Housing to auction
September 1, 2023 08:30 am
KATHMANDU, Sep 1: The Employee Provident Fund (EPF) has stepped up to take into auction the property of Kohinoor Hills Housing of Imadol, Lalitpur that is owned by Sudhir Basnet, chairman of the problematic Oriental Cooperative.
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