BIZ BRIEFS
Revenue collection up
BIRATNAGAR: Biratnagar Customs Office, Rani has collected revenue worth Rs 4.70 billion, exceeding its target of Rs1.59 billion in the current fiscal year. Revenue worth Rs 1.49 billion was raised from custom duties while revenue worth Rs 3.21 billion was generated from tax. — RSS
Meeting for managers
POKHARA: Ramesh Karmacharya, former president of Pokhara Chamber of Commerce and Industries (PCCI) left on Wednesday for Tokyo, Japan to participate in a capability building workshop of managers and workers involved in different entrepreneurs’ organisations. — RSS
NITGWU’s appeal
KATHMANDU: Nepal Independent Textile Garment Workers’ Union (NITGWU) has appealed the Maoists to immediately stop terrorist activities in the industrial areas, which would affect livelihood of hundreds of workers. NITGWU’s appeal came in the wake of a recent explosion at Reliance Spinning Mills at Khanar in Sunsari. — RSS
Contraband seized
BUTWAL: The police patrol team of Nawalparasi district police office has seized various goods
worth Rs 150,000, which was about to be smuggled into Nepal the customs. The seized goods
have been sent to the Bhairahawa customs office. — RSS
Infosys, Oracle pact
MUMBAI: Infosys Technologies, India’s second largest software exporter, on Thursday renewed a pact with Oracle to jointly offer solutions in hi-tech, manufacturing and financial services sectors for the Asia Pacific region. The two firms are working together to provide a
solution based on ‘Oracle 10 g’ technology for banks and financial institutions in Japan. — HNS