Wednesday, November 12, 2014

Micromax launches Canvas Nitro A310 in Nepal

KATHMANDU: Micromax Informatics Ltd, the country’s leading handset player, has announced the launch of Canvas Nitro A310 in Nepal. Delivering a combination of great aesthetics and superior features, the Canvas Nitro is power packed with a 1.7GHz Truocta-core processor promising seamless multi-tasking and an improved application performance.Equipped with a five-inch HD IPS display, it offers a dynamic contrast and colour vibrancy with an immersive graphic quality.Running on latest Android 4.4 KitKat, users get access to a number of features,...

Sunday, October 26, 2014

Public transport fare to increase by 5.63%

KATHMANDU: The government is hiking up the public transport fare by 5.63 per cent from November 1, against the instruction of the Commission for the Investigation of Abuse of Authority (CIAA) to fix the rates based on practice in South Asian region.The Department of Transport Management has decided to increase the fare despite recent reduction in oil prices citing that the decision to review the transport fees was taken before the fuel price was reviewed.According to the department officials, the Ministry of Physical Infrastructure and Transport...

Ford Figo launches models in new refreshing look

KATHMANDU: Adding excitement and colour to the festive season, Ford has introduced Ford Figo in a refreshing new look with enhanced exteriors and bright new interiors. The festive look of Ford Figo will win customers over with its smoky stealth finish exterior styling elements including 14” alloy wheels, fog lamp bezels and rear bumper valance. The exterior styling of the popular and dependable Figo has been further enhanced with a sleek-looking chrome signature fender badge and turn indicators on power mirrors to add to its premium appeal. Making...

Micromax launches X081‚ X082 models in Nepal

KATHMANDU: Micromax, an international brand of cellphones that has established itself as the frontrunner in the arena of mobile phone sales in Nepal, has added two new models — Micromax X081 and Micromax X082 — to its vast array of mobile phones in Nepal. The all new Micromax X081 prides itself on its rejuvenation of the wireless FM feature along with better and diverse multimedia functions than any other brand in its league. Also, the GPRS in the new Micromax X081 lets the user be in touch with the world at all times. Adding to this,...

The New LAVA Iris X5 Launched in Nepal

KATHMANDU: CG Impex — the sole authorised distributor for Lava mobile phones in Nepal — recently launched Lava Iris X5, as the successor of its hugely popular Iris X1.  The smartphone is a perfect combination of superlative camera performance and graceful design. It is especially designed to meet the needs of the ‘selfie’ generation. Running on Android 4.4 KitKat, the Lava Iris X5 with its brilliant features and design is a real treat at a price of Rs 17,999. The Lava Iris X5 has a 5.0 MP BSI + auto focus front shooter with LED flash...

Wednesday, March 5, 2014

Century Commercial Bank starts distributing IPO allotment slips, refunds from 9th March

A day after allotting the Initial Public Offering (IPO) worth Rs 92 crore, Century Commercial Bank Limited has stated that it will start distributing allotment slips and refund the non-allottees from March 9 i.e. coming Sunday.The IPO was allotted yesterday at the head office of the commercial bank in Kathmandu at 7.90percent to retail investors who had applied up to Rs 50,000 and 3.09 percent to big investors.However, those who had applied...

Monday, March 3, 2014

Civil Bank, Civil Merchant and Axis bank merged

Endorsing the final deal on the merger through their special Annual General Meetings held yesterday, Civil Bank Limited, Civil Merchant Bittiya Sanstha and Axis Development Bank Limited have decided to name the merged entity as ‘Civil Bank Limited’.The separately held special AGMs also gave the final nod to the swap ratio of 1:0.79 for the commercial and the other two BFIs following DDA Report prepared by BRS Neupane and Company.They have also decided to retain the Board of Directors and senior officials of all three BFIs. It may be noted...