(AP): Johnson & Johnson is peeling off a consumer health business that helped it become the world’s biggest health care products maker. The company said Friday that it will separate its segment that sells Band-Aids, Listerine and over-the-counter medicines like Tylenol from its pharmaceutical and medical device businesses. Company leaders told analysts that the split,… Continue reading Johnson & Johnson to split into 2, aim for faster growth
Category: Finance
Six student organizations to protest against fuel price hike
Kathmandu: Six student organizations have demanded immediate withdrawal of fuel price hikes. The Communist Party of Nepal, led by Netra Bikram Chand Biplava, has also announced protest programs against the fuel price hike. They have announced protest with the demand of repealing the increased price of petrol, diesel, kerosene, cooking gas and aviation fuel with… Continue reading Six student organizations to protest against fuel price hike
NOC raise fuel price
Kathmandu: Nepal Oil Corporation has increased the price of petroleum products. The Board of Directors has increased the price of petrol, diesel and kerosene by Rs 3 per liter with effect from Wednesday night. Petrol will now costs Rs 136 per liter, while diesel and kerosene cost Rs 119 per liter. The price of aviation… Continue reading NOC raise fuel price
Rs 152 million garlands sold during Tihar
Kathmandu: Garlands worth Rs 152 million have been sold during this year’s Tihar festival. According to the Floriculture Association of Nepal, garlands worth Rs. 152.07 million produced in Nepal were sold during the festival. According to the association, 85 percent of the demand for flower garlands has been met by Nepal-produced flowers and 15 percent… Continue reading Rs 152 million garlands sold during Tihar
Airline operators increase airfare after NOC raised fuel price
Kathmandu: After the government raised price of air turbine fuel, airline companies have also increased air fares. The airline has increased the fuel tariff to a maximum of Rs 440. The government had increased the price of fuel by Rs 10 per liter. Airlines have also increased fuel tariffs at the same rate. The Civil… Continue reading Airline operators increase airfare after NOC raised fuel price
Nepal gets permission to sell electricity at competitive rates
Kathmandu: Nepal has been allowed to sell electricity at competitive rates in the Indian energy market. With the consent of the Ministry of Electricity of India, the body approving for inter-country electricity trade has given permission to the Nepal Electricity Authority (NEA) on Monday to sell electricity in the Indian Energy Exchange Market. In the… Continue reading Nepal gets permission to sell electricity at competitive rates
Guna Airlines begins flight in Simara-Kathmandu route
Kathmandu: Guna Airlines has started regular flights to Simara. The company has started regular flights to Simara from Monday with a 30-seat capacity Jetstream aircraft. Guna is serving with a total of seven aircraft, including two American Beachcrafts and five additional British Jetstreams. Guna Airlines has already started regular flights to Bharatpur, Pokhara, Tumlingtar, Bhairahawa,… Continue reading Guna Airlines begins flight in Simara-Kathmandu route
Airline operators against of fuel price hike
Kathmandu: Airline operators have disageed the government’s decision of fuel price hike. Issuing a statement on Sunday, Airline Operators Association of Nepal (AOAN), the airline operators have expressed their disagreement with the fuel price hike. Internally, the Nepal Oil Corporation had decided to increase the price of aviation fuel by Rs 10 per liter. The… Continue reading Airline operators against of fuel price hike
NOC raise prices of petrol, diesel and gas
Kathmandu: The government has again increased fuel prices. The Nepal Oil Corporation has increased the prices of petrol, diesel, kerosene and aviation fuel including cooking gas with effect from last night. As the price of petroleum products continues to rise in the international market, the corporation has fixed the price of petrol at Rs. 133… Continue reading NOC raise prices of petrol, diesel and gas
Government of Nepal and the World Bank Launch $60 million Nurturing Excellence in Higher Education Program
Kathmandu: The Nurturing Excellence in Higher Education Program (NEHEP) was jointly launched on October 26 by the University Grants Commission, Ministry of Education, Science and Technology, and the World Bank.The five-year program aims to improve the quality and labor market relevance of Nepal’s higher education, scale up collaborative research and online learning, and expand access… Continue reading Government of Nepal and the World Bank Launch $60 million Nurturing Excellence in Higher Education Program