BUSINESS

Private sector telecommunication service provider Ncell has been transformed into a public company. The company has officially registered as Ncell Axiata Limited in the Office of the Registrar of Companies.Until now, Ncell Axiata had been operating as a private company under the business name of 'Ncell Plc' . As a public company, the way is…

Dish Home Nepal, the only DTH service provider company in Nepal, is also preparing to provide internet service through fiber optics in Kathmandu valley. The company has launched internet service based on Fiber to the Home (FTTH) technology.Dish Media, which got permission for internet service from the Nepal Telecommunication Authority last…

Citing operational loss, Nepal Airlines Corporation (NAC) has grounded all its six Chinese aircraft from today. Two aircraft had been already grounded earlier and the remaining four planes were also grounded from today, said Archana Khadka, spokesperson for NAC.“From now on we will be operating our two Twin Otter aircraft for domestic…

China's Huawei overtook Samsung Electronics as the world's biggest seller of mobile phones in the second quarter of 2020, shipping 55.8 million devices compared to Samsung's 53.7 million, according to data from research firm Canalys.While Huawei's sales fell 5per cent from the same quarter a year earlier, South Korea's Samsung posted a…

Tencent’s market capitalization has surpassed Facebook’s following a huge rally in the Chinese firm’s shares this year.The total value of publicly traded shares of the Chinese gaming and social media giant stood at 5.15 trillion Hong Kong dollars ($664.50 billion) at around 3:07 p.m. Singapore time. Meanwhile, Facebook’s market cap totaled…

Tootle is all set to start taxi service from next week. Tootle, which is providing ride sharing service in the capital, is about to start taxi service in the Kathmandu valley.Ayush Karki, the Manager at Tootle informed that the taxi service is being started due to the overwhelming request of clients."Initially, we will start the service…

New international chain hotels have been added in Nepal during the lockdown period. The Ramada Encore Hotel is ready for operations in Thamel, Kathmandu. Ramada is a large American multinational hotel chain owned by Wyndham Hotels and Resorts.Even though the government's lockdown measures to reduce the risk of corona infection has been…

• Attractive starter pack under umbrella campaign ‘Plus’ • Bundled with data and voice service • Bonus data on first recharge and every Rs 100 spentNcell Private Limited under its umbrella campaign ‘Plus’ has launched an attractive new starter pack ‘Naya Sajilo SIM’, allowing new subscribers to enjoy bonus data in first recharge as well…

Two private airline companies, Buddha Air and Yeti Airlines have opened bookings for commercial flights.The airlines have issued a public notice stating that bookings are open from August 17.The government has decided to open the flight from August 17 and has said that it will formulate a protocol in the meantime.Domestic commercial…

Since the government imposed the nationwide lockdown on March 24 to control the spread of the coronavirus, transactions in the real estate sector have dropped by around 35 per cent as compared to the months before the lockdown.Although other businesses have started returning to normal since June, the real estate business has declined by…