Wai Wai’s new scheme

KATHMANDU: CG Foods (Nepal) Pvt Ltd, a subsidiary of Chaudhary Group, has introduced a new scheme ‘Nagad Narayan’ for its product Wai Wai Tenz. The company claims that a consumer can win cash prizes up to Rs 100,000 every week. Comedian Gopal Nepal is the brand ambassador for the new scheme. — HNS

NIC Bond sold out

KATHMANDU: NIC Bank Ltd has been able to sell ‘NIC Bond 2070’ worth Rs 200 million within four days of issuance. Of the total debentures, bond worth Rs 150 million were sold through private placement while the remaining were sold to public. NIC issued 200,000 units of bonds with a face value of Rs 1,000 each. — HNS

New finance firm

KATHMANDU: Krishna Bahadur Manandhar, deputy governor today inaugurated Hama Financial Institution Ltd at Tripureshwore, Kathmandu. Established with the authorised capital of Rs 100 million, Hama Finance has issued capital of Rs 50 million and paid up capital of

Rs 31.5 million. The promoters have wide experience in banking and industrial activities. — HNS

SR Drug’s CARE unit

Kathmandu: SR Drug Laboratories Pvt Ltd has launched its specialty division — ‘CARE’ — dedicated to medicines for the treatment of cardio-cerebro vascular dieses and metabolic disorder like stroke, diabetes, epilepsy, obesity and hypertension. Unveiling the new division, S K Agrawal, MD shared the company’s vision towards strengthening the helping hand to medical fraternity in caring the patients. — HNS

NICCI gets new team

KATHMANDU: The 11th AGM of Nepal-India Chamber of Commerce and Industry (NICCI) has re-elected Arun Kumar Chaudhary as the president. He was elected unopposed to the post for the next term. — HNS