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Ncell’s Stake Acquisition by Spectrlite UK Ltd Marks a Significant Turn in Ownership

KATHMANDU: In a major development, Ncell has officially confirmed a sale transaction between Spectrlite UK Ltd and Axiata UK Ltd. Spectrlite will acquire a 100% stake in Reynolds Holdings, based in Saint Kitts and Nevis, which holds 80% of Ncell’s shares. This acquisition is expected to bring about strategic...

Ncell’s Stake Acquisition by Spectrlite UK Ltd Marks a Significant Turn in Ownership
Central Bank urges entrepreneurs to report interest rate violations

Central Bank urges entrepreneurs to report interest rate violations

Government agencies clash: Department of Road’s hurdles derail key electricity infrastructure project

Government agencies clash: Department of Road’s hurdles derail key electricity infrastructure project

President Dhakal Invites UAE Investors to Invest in Hydro, Tourism, Agriculture, and ICT in Nepal

President Dhakal Invites UAE Investors to Invest in Hydro, Tourism, Agriculture, and ICT in Nepal

The reason behind Ncell’s parent company Axiata Group decided to leave Nepal

The reason behind Ncell’s parent company Axiata Group decided to leave Nepal

Central bank directs BFIs to prioritize property auctions over swift blacklisting of debtors

Central bank directs BFIs to prioritize property auctions over swift blacklisting of debtors

China’s technical team explores Nepali terrain for in-depth railway study

China’s technical team explores Nepali terrain for in-depth railway study

NRB caps penalties and bans service charges in latest policy amendment

NRB caps penalties and bans service charges in latest policy amendment

Govt’s failure to disburse subsidies forces Nepali banks to cease interest-supported loans

Govt’s failure to disburse subsidies forces Nepali banks to cease interest-supported loans

Govt secures approval as economic committee overcomes opposition in stock exchange license decision

Govt secures approval as economic committee overcomes opposition in stock exchange license decision

FNCCI President Dhakal recommends utilizing Social Security Fund in productive sectors

FNCCI President Dhakal recommends utilizing Social Security Fund in productive sectors

NAC affirms simultaneous progress in restructuring and fleet expansion

NAC affirms simultaneous progress in restructuring and fleet expansion

Preparations underway for impactful investment conference, Says Finance Minister Dr. Mahat

Preparations underway for impactful investment conference, Says Finance Minister Dr. Mahat

Gandaki provincial govt makes it mandatory to install embossed number plate in vehicles

Gandaki provincial govt makes it mandatory to install embossed number plate in vehicles

Nepal-India Commercial Treaty auto-renewed, raises concerns over lack of amendments

Nepal-India Commercial Treaty auto-renewed, raises concerns over lack of amendments

United States leads as Nepal achieves surplus in trade with 27 nations

United States leads as Nepal achieves surplus in trade with 27 nations

Economic slowdown impact: Nepal’s trade volume contracts by 4.15 percent

Economic slowdown impact: Nepal’s trade volume contracts by 4.15 percent

NEA reports record-breaking revenue as Nepal’s electricity exports soar

NEA reports record-breaking revenue as Nepal’s electricity exports soar

President Dhakal urges government and central bank to implement special measures for public morale boost

President Dhakal urges government and central bank to implement special measures for public morale boost

Nepal aims for 28,000 MW electricity by 2035, Emphasizes hydropower’s economic role

Nepal aims for 28,000 MW electricity by 2035, Emphasizes hydropower’s economic role

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US and China strike 90-day trade deal, slash tariffs amid global economic relief

US and China strike 90-day trade deal, slash tariffs amid global economic relief

US and China reach preliminary trade agreement amid high tariffs

US and China reach preliminary trade agreement amid high tariffs

South Asia’s growth outlook slashed amid global uncertainty, Nepal faces 4.5pc growth downgrade

South Asia’s growth outlook slashed amid global uncertainty, Nepal faces 4.5pc growth downgrade

US decides to shut down MCC, impacting Nepal’s infrastructure projects

US decides to shut down MCC, impacting Nepal’s infrastructure projects

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Boeing 737 MAX returns to US from China amid escalating tariff war

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The escalating US-China tariff war – why It’s happening, China’s tariff strategy, and the WTO’s role

In the US-China tariff war, who is likely to blink first?

In the US-China tariff war, who is likely to blink first?

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