BIZ BRIEFS

New chairman at LBL

KATHMANDU: Rajendra Kumar Khetan has been unanimously

elected chairman of Laxmi Bank Ltd (LBL) during the 74th board meeting held recently. Khetan is the chairman of Khetan Group, which is one of the leading industrial and trading houses in Nepal. He is the chairman of Everest Insurance Co Ltd, Prime Life Insurance Ltd and Gorkha Brewery Pvt Ltd, states a press release. Khetan is also the Honourary Consul of Portugal. — HNS

Pheri Talu Ma Alu

KATHMANDU: Bijaya Kharel won the fourth Bajaj Pulsar 220 cc DTS-Fi motorbike through lucky draw under Pheri Talu Ma Aalu scheme of Samsung. Pheri Talu Ma Aalu is the revitalisation of Samsung’s previous popular campaign — Samsung Talu Ma Aalu. Samsung has brought this campaign on the occasion of the New Year 2065 BS. It has included various other prizes like sure-shot prize of John Player special edition T-shirt on every purchase and discounted rate on various products. — HNS

Indian Terrain’s shop

KATHMANDU: Indian Terrain, a brand for the global individuals, has opened an exclusive showroom for men’s wear in Nepal in Kamaladi on Friday. The brand has a clear target segment in men aged 25-40 who has an individualistic persona and who is a global individual, states a press release. Indian Terrain was recently endorsed by bollywood poster boy Kunal Kapoor. It was launched in 2000 by Celebrity Fashions Ltd, a leading Indian garments exporter. It has been manufacturing products for leading international brands like Timberland, Armani Jeans, GAP, Dockers, The North Face, Nautica. — HNS