| Page last updated at 2013-05-21 23:17:35 |
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BUSINESS & ECONOMY |
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Riddhi Siddhi Jewellers, Geetanjali Told To Stop Sales |
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KRITI BHUJU |
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KATHMANDU, May 21: Shree Riddhi Siddhi Jewellers at Bishal Bazar and Geetanjali Jewellers at Durbar Marg are found to be cheating customers through the use of weighing machines without certification from the Nepal Bureau of Standards and Metrology (NBSM).
The irrigularities were found when a joint team from the Department of Commerce and Supply Management (DoCSM) and NBSM inspected three jewelry outlets in the New Road area and one at Durbar Marg, Tueday.
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GMR Seeks Generation License For Upper Karnali |
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REPUBLICA |
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KATHMANDU, May 21: GMR Upper Karnali Hydropower Company Limited, a subsidiary of Indian infrastructure developer GMR, has applied for power generation license for Upper Karnali (900 MW) hydropower project.
"GMR has applied for the generation license as the validity of its survey license is expiring soon," a source privy to the development told Republica. "The application for generation license will keep the company in a safe side."
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TRIPS Council Chair Charged Of 'unjust Treatment' |
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REPUBLICA |
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KATHMANDU, May 21: The least developed countries (LDCs) have charged the developed nations and incumbent chair of the Trade-related Aspects of Intellectual Property Rights (TRIPS) Council of “unjust and unethical treatment”.
The charge was leveled at a time when informal negotiations are going on between the LDCs and the developed countries on extension period of TRIPS waiver to LDCs, which is expiring at the end of June.
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Even Eateries At Ministries Serving Unhygienic Food |
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KRITI BHUJU |
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KATHMANDU, May 21: Canteens in Singhadurbar have been found serving unhygienic and unlabeled food to general people. They were also found involved in electricity theft.
The anomaly came to light when a market monitoring team of Department of Commerce and Supply Management (DoCSM) monitored canteens at different ministries and departments in the country´s administrative headquarters on Monday.
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Neco, Premier Put Merger Process On Fast Track |
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REPUBLICA |
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KATHMANDU, May 21: Neco Insurance and Premier Insurance have put their merger process on a fast track mode, setting a deadline of mid-July to complete consolidation of two non-life insurance companies.
“The process is on war-footing as we are planning to come up with a joint balance sheet for the current fiscal year (ending on July 15),” Bhoj Raj Sharma, CEO of Neco Insurance, told Republica.
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