NIBL Ace Capital Limited, an investment bank in Nepal, and H. Medical and Diagnostic Private Limited (HMDL), a division of Dugar Healthcare, signed a definitive investment agreement on Sunday. Shivanth Bahadur Pandé, Chief Executive Officer of NIBL Ace and Abhishek Dugar, Vice Chairman and CEO of H. Medical and Diagnostic Private Limited (HMDL) have signed on the agreement on behalf of their respective institution. The HMDL in collaboration with Tata Medical and Diagnostics, a wholly owned subsidiary of TATA Group, India’s largest salt to software conglomerate, has grown to become one of the leading companies in medical tech and diagnostic sectors which develops, produces and markets futuristic diagnostic products including medical equipment, reagents, pharmaceuticals drugs and other products, according to a press statement of NIBL Ace Capital.
The nation spends a huge sum of money to conduct an election. That’s because every vote cast matters to decide the future leaders of the county. One can win or lose an election by just a single vote. But, in four constituencies of Mahottari, more than 1,600 votes cast by the voters for the election to the House of Representatives and Provincial Assembles in the First-Past-the-Post (FPTP) category were invalid. The number of invalid votes is higher than the vote margin between the winner and his closest rival. The result would have been different in the district had there been no such large number of invalid votes.
Discussions to form new government have started in Lumbini Province after the results of the election to the Provincial Assemblies held under the First-Past-the-Post (FPTP) category were announced. Now, people there are talking about which party would form the new government and under whose leadership. It is predicted that a new government would be formed under the leadership of the CPN-UML, the largest party in the Provincial Assembly (PA) under FPTP category of elections, or the second largest party, the Nepali Congress (NC). The CPN (Maoist Centre) would also play an important role in forming the new government as it is the third largest party.
The landless squatters residing in Bagmati Riverside at Thapathali in Kathmandu protested today, stating that the Kathmandu Metropolitan City (KMC) tried to remove them forcefully and without any alternative.
Nepali Congress (NC)'s leader Krishna Prasad Sitaula asserted that the Democratic-Leftist Coalition will lead the future political leadership in the country.
The Chamber of Commerce has noted that the recent arrangement made by the Nepal Rastra Bank (NRB) through the quarterly review of the monetary policy could not keep fiscal stability in the country.
CPN (UML) vice-chairman Subas Nembang has said that the result of the recently-held general election has given the message for the political parties to move ahead embracing free and healthy competition.
The Swayambar ceremony of Lord Ram and Janaki in the Tretayug, the main event of the Bibaha Panchami festival, was held in Janakpurdham on Monday.
By TRN Online, Kathmandu, Nov. 28: Australia's Ambassador to Nepal, Felicity Volk has inaugurated a Resource Centre at the Madrasa Shahabjia Secondary School in Biratnagar which has been established with Australian funding. Inaugurating centre, Ambassador Volk said that social inclusion underpins all Australian development activities in Nepal and the Australian Embassy is pleased to support expanded learning opportunities for girls and boys from the Muslim community in Biratnagar.“In Nepal, as in Australia, diverse ethnic and religious communities live side by side. Equal access to education, and equal opportunity in all areas, encourage social harmony and national prosperity. It is vital that girls and students from traditionally marginalised communities are able to achieve equitable learning outcomes.” She said.The Resource Centre, established through Embassy’s Australian Alumni Public Diplomacy Fund, was conceived by Australia Awards alumna, Shehnaz Ansari. The Centre is equipped with a library to encourage good reading habits and support understanding of different cultures and geography.During the event, the Ambassador congratulated Ansari, representing the Association of Nepalese Alumni from Australia (ANAA), for ANAA’s success in promoting networks and friendship between Australia and Nepal.
Arun Danda Tourism Promotion Festival 2079 is taking place from December 8. The six-day fair aims to promote local tourism, it is said.
The water from Melamchi has been released into a reservoir at Sundarijal in Kathmandu through a tunnel way following the repair of the structure damaged by flooding.
It has invited sealed bids from all interested eligible bidders for the design, supply, delivery, installation, testing and commissioning of the transmission line.
In September this year, Sri Lanka lured a total of 29,802 international tourists while the number increased to 42,026 in October.
During their stay in orbit, the Shenzhou-15 crew will witness the arrival of the Tianzhou-6 cargo craft and Shenzhou-16 manned spaceship. They will also have a work handover with the Shenzhou-16 crew in orbit.
The Election Commission (EC) has reminded political parties and poll candidates participating in the elections to the Member of the House of Representatives and Province Assembly to submit details of their election expenditures within 35 days of the announcement of the poll results.