12-18 July 2013 #664

New leadership

AK Ahluwalia has been appointed as the new Chief Executive Officer of Everest Bank. According to the press release Ahluwalia has more than 32 years of banking experience at Punjab National Bank, India and holds the post of Deputy General Manager in the parent organisation.

A1 tablet

Mercantile Office System launched Acer Iconia A1 tablet in Nepal. The Google Android 4.2 OS based Iconia A1 is powered by 1.2GHz Quad-Core processor, features 16GB of internal storage and up to 32GB of expandable memory.

Easy investment

NMB bank has issued five years closed scheme worth Rs 600 million called NMB Sulav Investment Fund-1. Sixty per cent of the fund will be invested in shares and the remaining forty per cent will be invested in bonds and debenture reads the press statement. The fund will be managed by NMB bank’s subsidiary company NMB Capital.

Hold my hand

Unilever Nepal Limited (UNL) handed over a cheque worth Rs 500,000 to the Prime Minister’s relief fund for victims of floods and landslides. Managing Director for UNL, Srikanth Srinivasamadhavan along with Ravi Bhakta Shrestha, director UNL handed over the cheque to.

Education first

Sipradian Sahayata, established by employees of Sipradi Group, has provided full scholarship to 10 students of Shree Bishnu Devi Sikshya Sadan School in Satungal. The organisation also provided different educational materials, uniform, shoes, and bags to the school children.

Shinning future

Clinic Plus Shampoo has declared Nirmala Mahat and her daughter Swastika and Reena Thapa and her daughter Aakriti as winners of its fifth audition (mid-western region) of its Clinic Plus Healthy Hair Contest. The winning mother-daughter duo in the nationwide finale will receive scholarships worth Rs 500,000

Celebration time

The Ford Heritage Monthconcluded in Nepal last week. The finale was celebrated with felicitation of Vintage Ford Owners, who were presented with appreciation letters from Ford Motor Company and miniature of Model A.

Cash full

Pepsi announced the third week’s daily winners of its Pepsi 20-20 campaign. The winning numbers are 683679X, 104776C, 223196N, 791863U, 879694F, 842417N and 778769Y. The grand prize winner will take home Rs 2 million at the end of the campaign.

Lucky winners

Nepal General Marketing, authorised distributor of Hero two-wheelers in Nepal announced the winners of its new Baaf re Baaf scheme. Dinanath Prasad, Dipendra Chowdhary, and Ramesh Yadav have won Philips products worth Rs 100,000 rupees, Rs 70,000, Rs 50,000 respectively.