News

BP to sell majority stake in Castrol for $6 billion

KATHMANDU: British Petroleum (BP) has agreed to sell a 65 percent stake in its Castrol lubricants business to private equity firm Stonepeak for around $6 billion. The deal is part of BP’s broader plan to divest $20 billion worth of…
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Tata confirms Avinya premium EV launch in 2026

KATHMANDU: Tata Motors has confirmed that its Avinya premium electric vehicle range will debut by the end of 2026, marking the company’s entry into the premium EV segment priced around 4 million Indian rupees. The first model under the Avinya…
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NADA elects new working committee unopposed

KATHMANDU: NADA Automobiles Association of Nepal has elected its new working committee unopposed. A 25-member working committee has been formed under the leadership of Surendra Kumar Upreti. The selection was finalized on Thursday. Although the post of chairman was uncontested,…
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Ather simplifies EV ownership with ID-based EMI plan in Nepal

KATHMANDU: Ather, Nepal’s leading electric scooter brand, has introduced a simplified ownership scheme that allows customers to buy an Ather scooter using only a valid ID card. No additional financial documents are required. Under the scheme, monthly EMI starts at…
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thee GO e-Stop opens KFC outlet at Kurintar

KATHMANDU : thee GO e-Stop has opened a new KFC outlet at Kurintar, expanding its highway service hub. To celebrate the opening, customers are being offered a 25 percent discount on KFC menu items for a limited time. The company…