Ncell launches ‘Paisa Back’ offer

KATHMANDU: Ncell, country’s leading mobile service provider, has launched Paisa Back offer, under which Ncell prepaid customers on using a certain given amount from their main balance will enjoy bonus return of equivalent amount every day throughout the campaign period. Launched as a part of festive offer, Paisa Back will come into effect from Wednesday. All Ncell prepaid customers can take part in the campaign for free by dialling 17124. On joining the campaign, customers would get information on the amount that they need to use from their main balance to enjoy the bonus return. On using the amount, they will instantly receive bonus balance in equivalent amount. Customers can use the received bonus for surfing internet, making calls and sending SMS and MMS to other Ncell users. Bonus return under the campaign will be received once in a day and will be valid till midnight on the same day. Customers can get the same bonus every day by using the mentioned amount. This way customers would continue to enjoy benefits of the offer every day throughout the campaign period. This offer is valid for 90 days unless withdrawn earlier.

TCS beats expectations

MUMBAI: India’s biggest IT outsourcing firm Tata Consultancy Services on Tuesday reported expectation-beating quarterly profits, citing robust orders from its core US and European markets. The software giant said in a statement that net profit for the three months to September 30 rose 14.50 per cent to INR 60.55 billion ($928 million), from INR 52.88 billion in the same period last year. A Bloomberg survey of analysts had expected the Mumbai-based firm to increase its earnings to INR 60.3 billion. The expected strong demand for its services has prompted TCS to raise its hiring target to 75,000 new employees by the end of the 2015-16 financial year, up from 60,000 earlier. The company’s revenues for the most recent quarter climbed more than 14 per cent to INR 271.65 billion, up from INR 238.16 billion a year ago.

China auto sales up

BEIJING: Auto sales in China edged up in September from a year ago, snapping a five-month falling streak in the world’s largest car market, an industry group said on Tuesday. Vehicle sales in the country began dropping in April as the world’s second-largest economy lost steam and consumer income growth slowed, battering demand for new cars. But a total of 2.02 million cars were sold in September, up 2.08 per cent from a year ago, the China Association of Automobile Manufacturers (CAAM) said in a statement. The increase was mainly driven by demand for sport utility vehicles, which saw sales surge 58.79 per cent year-on-year to more than 566,000 units, CAAM added. Total sales soared 21.60 per cent compared to August, it said, without explanation. In an attempt to support the auto sector, the State Council, China’s Cabinet, cut purchase taxes by half on passenger cars with small engines from the start of this month.