BIRATNAGAR, Nov 4: Radha Krishna Chimariya, an industrialist from Calcutta, India used to run a large jute mill at Katihar city near Nepal-India border. Haridwari Malla used to work as a manager of the mill. The area, being near the Koshi River, was good for jute farming. Malla took a go-down on lease in Biratnagar, bordering town of Nepal.
BIRATNAGAR, Oct 31: It has been revealed that two government employees were involved in opaque share ownership transfer in Biratnagar Jute Mills Limited which has made the government a minority shareholder in the state-owned jute company.
KATHMANDU, Sept 12: Two sugar mills have signed initial agreements with the government to produce electricity. If it goes as planned, Indu Shankar Chini Udyoug Ltd will generate three megawatts of electricity from December by rotating an additional turbine by the steam of existing boiler. The mills use bagasse, a residue of sugar cane crushing, to heat the boiler.