Nepali Times
BIZ BRIEF
New products, awards, and giveaways



Turning 10
Himal Power Limited (HPL) marked the tenth year of its successful operation of the 60MW Khimti I Hydropower Project. The company also announced a merit-based annual scholarship in Dolakha and Ramechhap for a talented girl to attend Lincoln School in Kathmandu for three years. HPL has supported schools in Dolakha and Ramechhap districts as well.

Khimti I is the first private sector project under a Build, Own, Operate and Transfer (BOOT) scheme. It has generated over four billion units of electricity. After the completion of another ten years, half of the Khimti I project will be handed over to Nepal Electricity Authority for a symbolic one rupee.

Skoda Yeti
Morang Auto Works introduced Skoda Yeti, a compact SUV, in the Nepali market. Named after the mystical snowman, Skoda Yeti is designed for off-road driving with the comfort of driving on the road. Powered by a 1.8 TSI 4 cylinder with a 118 kw (156bph) petrol engine, it comes equipped with a generous quota of standard equipment. The SUV is priced at Rs 4.9 million and comes in 14 different colours.

Stay cool
LG introduced another product in its medium-large Home Appliances segment, an LG Air conditioner with inverter compressor technology. Unlike conventional AC cooling systems, the inverter technology in LG's air conditioners is energy efficient. The company claims the new technology can reduce electricity bills by 44 per cent, which makes it economical and efficient.

Pepsi Mania
Arpan Basnet from Morang and Dhane Thapa from Narayanghat won this week's lucky draw of a 32" Samsung LCD TV with Pepsi Football Mania. The promotion will continue till 11 July. Two Samsung 32" LCD TVs will be won every week in addition to Nokia mobile phones, Timex wrist watches, T-shirts, key rings and posters of footballers. The next lucky draw will be held at Pizza Hut, Darbar Marg, on 13 June. The grand prize winner will take home a Hero Honda Karizma ZMR at the end of the promotion.

Everest gives
On the occasion of the second anniversary of EBL Bhaktapur Branch, Everest Bank Limited donated a hydrocholator machine to Siddhi Memorial Foundation, Bhaktapur. The machine is used for physiotherapy. Siddhi Memorial Foundation runs Siddhi Memorial Hospital and Siddhi Shaligram Briddhashram with the donations it receives. RK Ummat, CEO of the bank, handed over the hospital equipment to Shyam Sundar Dhaubadel, founder of Siddhi Memorial.

Mega Sipridi
Sipridi Trading, the authorised dealer of Tata Motors in Nepal, is organising an 18-day Sipridi Mega Exchange Camp, an exposition of Tata vehicles along with an exchange facility. On the spot finance will be available for the purchase of new vehicles. The camp will kick off in Nepalganj on 10 June, and tour Butwal, Pokhara, Narayanghat, Birganj, Dharan, Biratnagar and Birtamod, concluding in Kathmandu on 27 June.

SDB for women
Siddhartha Development Bank announced a 'Khasi deposit' scheme for women, allowing them to open an account with a minimum deposit of Rs 500. The bank provides 8 per cent annual interest along with a one-year subscription to Nari magazine. Depositors will also get a 50 per cent waiver on a locker system, a free ATM card, e-banking, SMS services, free accident insurance worth Rs 100,000 and a 25 per cent discount at the Kathmandu Revolving Restaurant.

Dabur's goals
Uttam Maskey from Narayanghat won the monthly bumper prize of a SONY BRAVIA 32" LCD TV for Dabur Real's 'Score the Real Goal'. Jay Prakash Tandukar won a SONY BRAVIA 22" LCD TV as the highest correct SMS sender for week 9. Dabur's 'Score the Real Goal' campaign started on April 30; for a chance to win, identify the 'Real Ball' and SMS to 5004.

New CG models
CG Mobiles lauched two new models: C763 (CDMA) and D990(CDMA + GSM). C763 is a full touch screen mobile equipped with a music player, bluetooth, and a digital camera. D990 is a dual SIM slot phone with a QWERTY keypad, equipped with a 1.3 MP Camera, FM, bluetooth, internet modem and Java. They are priced at Rs 8,690 and Rs 9,790 respectively, and come with warranties and a free 1 GB memory card.

Top boss
BOSS Magazine announced the Seventh BOSS Top Ten Business Excellence Awards on Tuesday, honouring the who's who of Nepal's business fraternity. CEO of NTB Prachanda Man Shrestha, Kamal Gyawali of Kist Bank and Om Raj Bhandari of Comfort Housing were conferred with the best CEO awards. Lun Karandas Chaudhary of Chaudhary Group was recognised with the Lifetime Achievement award.

Colourful trip
Asian Paints organised 'Colourful Meet 2010', a three-day trip to Pokhara. Dealers and their families from various locations across Nepal attended the meet. Fun games, a lucky draw, live entertainment programs, dancing and a stay at Fulbari Resort were the attractions. Budhaitya Mukherjee, General Manager of Asian Paints Nepal, participated with company employees.

Ninja unveiled
Kawasaki Ninja 250R was officially launched on Wednesday at Soaltee Crowne Plaza. The 250cc sports motorbike was introduced by HH Bajaj and is available in stylish lime green and ebony black colours. At the event, the bikes were handed over to the first five customers to have made a booking.



LATEST ISSUE
638
(11 JAN 2013 - 17 JAN 2013)


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