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Friday, August 10, 2012


CIVIL BANK GOING PUBLIC TO RAISE RS 800M Kathmandu, 11 Aug.: Civil Bank is going public to raise Rs. 800 million through sale of 8 million shares with par value of Rs.100 per share. Citizen Investment Trust, Nabil Investment Ltd., NMC Merchant Bank Ltd. and ACE Capital Ltd. have been appointed issue managers. Nnnn .LAXMAN UPADHAYA DEAD Kathmandu, 11 Aug.: Laxman Upadhaya , a pioneer of Nepali advertising fraternity, died Thursday.. He was 81. Upadhaya worked out of a small room opposite Hotel Paras in New Riad in the early 1970’s. nnn MEDIA GOOGLE “When Sharad Chandra Shah was the member secretary of National Sports Council, we were provided regular and systematic trainings as well as proper diet. The athletes back then had set various national records. After the restoration of democracyin 1990, athletes has believed that he sports sector would fare better. But all the political parties are busy recruiting their cadres in the sporting arean.” (Retired marathon runner Baikuntha Mahandhar, Republica, 11 Aug.) nnnn

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