DCBL’s bonus shares
KATHMANDU: DCBL Bank Ltd’s AGM on Wednesday will give five per cent bonus shares. This is within a year of its being upgraded to A-class commercial bank from B-class bank. After 2:1 rights issue, the paid-up capital of the bank has increased to Rs 1.65 billion. In the fiscal year 2008-09, the bank registered a net profit of Rs 103 million — an increment of 87.52 per cent compared to the preceding fiscal year. It has 1.59 per cent NPA only. — HNS
Miho Action Stations
KATHMANDU: Jagdamba Foods has introduced an eye-catching promo at prime shopping outlets, major thoroughfares and streets across Kathmandu as a follow-up to the mega launch of Miho ready-to-eat noodles. Vibrantly decorated Miho Action Stations have been placed at select places in the valley. The Miho Action Stations — where live cooking is done — are manned by trained cooks, hostesses and assistants. Passersby and shoppers can stop at the Action Stations and enjoy freshly prepared Miho noodles in three varieties — Soup, Fried and Sadeko. The price of all the dishes is the same as a packet of Miho, that is Rs 15 only. — HNS
KATHMANDU: WorldLink, joined hands with Climate for Life, a campaign on climate change in the Himalayas launched by WWF, as part of its Corporate Social Responsibility. WorldLink is partnering with Climate for Life as its official Information Communications and Technology Advisor and will support the campaign in all its online communications and outreach activities. “We are proud to be associated with Climate for Life which brings the voices of the Nepali people together on the issue of Climate Change,” said Dileep Agrawal, WorldLink c hairman. — HNS
A version of this article appears in print on September 18, 2009 of The Himalayan Times.