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