BUSINESS

A formal merger agreement has been signed between the long-discussed Himalayan Bank and Nepal Investment Bank. After long preparations, a formal agreement was reached between the two organizations on Thursday for a 'Big Merger'. The merger agreement has been signed by Himalayan Bank Chairman Tulasi Gautam and Nepal Investment Bank…

Ncell customers receiving international calls from the United Arab Emirates (UAE) will now be able to win a smartphone every day. Ncell Axiata Limited on Sunday announced that the company is launching this exciting scheme effective from May 11. The scheme launched on the occasion of EID will remain in place for 7 days. In this offer, every…

The U.S. government is set to release the results tonight (Saturday). The results of DV 2022 are being made public at 9:45 pm Nepali time. The results can be viewed for free by visiting dvprogram.state.gov, and one will need to enter the confirmation number obtained while filing the application. The US Embassy in Nepal has stated that the…

An agreement has been signed between Esewa Money Transfer and PayRu Remit, a well-known Australian remittance company, which has been aggressively expanding its market in recent days. With the agreement, it has now become easier for Nepalis living in Australia to pay remittances. Using this service Nepalis can now send remittances from their…

Nepal's first and leading payment service provider 'Esewa' has now added a new convenient feature for it's users. Esewa users will now be able to load balance to their Esewa account just by simply linking their bank account to their esewa account. This is a one time process to be completed by the user. Now after linking the Esewa account to…

ClassicTech, Nepal's leading and largest internet service provider, has unveiled its Toofan offer. The company has made the "Toofan Offer" public considering the Prohibitory Order issued by the Government of Nepal and the need of the service recipients during the lockdown. The "Toofan" offer has been launched keeping in mind to facilitate…

Butwal Power Company has partnered with foreign investors for the construction of 135 MW Manang Marshyangdi Hydropower. The company on Thursday informed that foreign investors have been recruited for the construction and operation of the project. Earlier, Butwal Power Company had full ownership of Manang Marsyangdi Hydropower and no foreign…

CEDB Hydropower Development Company (CHDC) will open initial public offering (IPO) sale of securities from Friday (tomorrow). The company will issue 2,518,230 ordinary shares at a face value of Rs 100 per share, equivalent to Rs 251.82 million. The company is about to issue an IPO worth Rs 251.823 million, which is 30 percent of the issued…

An agreement has been signed between Nepal Investment Bank and Digital Wallet Japan. As a result, now Nepalis living in Japan can easily send money back home to Nepal. As per the agreement, Nepalis living in Japan will be able to send money to Nepal using the Smiles Mobile Remittance - Money Transfer app of Digital Wallet. The mobile app…

TCL brand is China's top leader in the electronics and home appliances market and the company has launched new air conditioners for this summer in the Nepali market. The newly launched air conditioners can be controlled using Wi-Fi right from smartphones and smart TVs. TCL's air conditioners, manufactured by Inverter Technology uses R-32…

NIC Asia Bank has launched for the first time in Nepal's banking sector a highly effective 'Quick Pay' service where small and medium enterprises can receive digital payments from a link without API integration. The bank has launched this service targeting those who are pursuing their business in the areas of hospitality, travel and tours,…

Himalayan Bank has launched SCT Union Pay Card Service. The service has been launched in collaboration with the bank and Union Pay. The card will be available at almost all ATMs and POS terminals in Nepal and India, the bank said. The card will be convenient for students studying at higher education institutions in India, visitors and…

Singati Hydro Energy's 14.5 million ordinary shares (IPO) have been listed in Nepse. The same amount of shares of the company was listed in Nepse on Tuesday, Baisakh 14, after being issued to the public. The company's shares will be traded in the secondary market from Wednesday (Baisakh 15). For which the company's symbol 'SHEL' has been…