Author: Himalaya Post

Truck hit kills rickshaw puller

Posted by | Feb 25, 2021 |

Makawanpur- A rickshaw puller died after a truck hit him at Nawalpur of Hetauda Sub-Metropolis-11 early this morning. The dead one is Khemlal Shrestah, 36, from Hetauda Sub-Metropolis-11, according to District Police Office. Deputy Superintendent of Police Indra Bahadur Rana informed that the truck (Na 6 Kha 4044) heading to Hetauda from Manahari hit the rickshaw (Na 1 Ha 3408) coming from opposite direction. Injured seriously in the accident, Shrestha was taken to nearby Churehill Hospital, but the doctor announced him dead in no time. The truck driver has been absconding since the accident. Police have been investigating the incident after impounding the truck. Search for the truck driver is on. Now, the dead body has been taken to Hetauda Hospital for post mortem....

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Justice prevails with SC verdict: Leader Pandey

Posted by | Feb 25, 2021 | ,

Chitwan- Nepal Communist Party (NCP) standing committee member and former finance minister Surendra Prasad Pandey said Supreme Court’s decision on reinstatement of House of Representatives (HoR) has helped justice prevail in Nepal. Leader Pande said it while addressing a victory assembly here on Wednesday. ‘SC decision has saved democracy and constitution. Regressive move has been defeated; he reminded, saluting the justices and legal practitioners. The people in Chitwan are always for justice, he said, adding that Chairpersons duo Pushpa Kamal Dahal Prachanda and Madhav Kumar Nepal were leading the mainstream NCP. According to him, the SC decision has recognized it as mainstream. Moreover, leader Pande said time has come for NCP to be united. He urged those deviating from mainstream to join it back. Bagmati Province Chairperson of the party Narayan Dahal viewed that Supreme Court decision to reinstate House of Representatives has restored the constitutional supremacy. ‘Now, the country should be directed to prosperity with cooperation and collaboration will all political parties; he added. NCP central member and Bharatpur Metropolis Mayor Renu Dahal also hailed the SC decision, saying it saved constitution....

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PM won’t resign: Minister Shrestha

Posted by | Feb 25, 2021 | ,

Bhaktapur- Minister for Education, Science and Technology Krishna Gopal Shrestha has said Prime Minister KP Sharma Oli would not resign from the post at all. PM does not resign from the post merely for anyone’s demand, he added. Minister Shrestha made such remark in the wake of Supreme Court’s verdict on reinstatement of the House of Representatives. He said it while speaking at a programme organized on the 33rd annual general meeting of the Council of Technical Education and Vocational Training (CTEVT) on Wednesday. The ruling party leader further argued, “PM will face the situation as no-confidence motion. PM Oli faces the parliament process.” The Minister however said the NCP would respect the Supreme Court verdict. He further blamed that some leaders were lobbying for PM post. “Only dreaming PM post does not ensure PM to anyone,” he added. Moreover, Minister Shrestha warned those leaders demanding PM’s resignation on moral ground to bring forth no-confidence motion against PM. “This government is not that timid to step down quickly, it faces any sort of situation,” he underscored. The NCP leader further argued that his party led by PM Oli will be able to face every obstacle....

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School closed after teachers, students fall sick

Posted by | Feb 25, 2021 | ,

Bajhang- The Dhuli Secondary School of Saipal Rural Municipality-4 has been closed for some days after the teachers and students suddenly fell sick. Assistant principal at the school Dhan Bahadur Bista Bhote informed that the teachers and students suffered from cough, fever, throat ache and nausea. The students from Grade 6 to 9 showed such symptoms. They did not get well even after taking medicine, so the School Management Committee meeting held on Wednesday decided to close the school for some days. There are 245 students and 11 teachers. Some days back, the students and teachers at another Dhalauna Secondary School had also shown such symptoms. The school closed for four days is however resumed now, said a local Basanta Bohara, adding that the teachers and students became normal now....

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Merger & Acquisition and its challenges

Posted by | Feb 24, 2021 | ,

– Raju Rayamajhi Merger and acquisition (M&A) is defined as a consolidation of companies. A merger is the combination of two or more than two companies to form one while acquisition is one or more than one company taken by another. M&A is one of the crucial aspects of the corporate world. With the objective of wealth and value maximization, companies keep evaluating different opportunities through the route of merger and acquisition. Globalization and fast technological advances demand M&A of companies to sustain in the market. Due to limited market characterized by unhealthy competition among companies M&A has become a regulatory requirement. However, M&A is a challenging job for the top management of companies and in most cases it doesn’t lead to meaningful results. For e.g., according to a study by KPMG, about eighty-three percent of the merger doesn’t boost return for the shareholders. This brings doubt in the widely held belief that the synergy aimed to be attained via M&A may not be valid in all circumstances. In this context the challenges of Merger and Acquisition are as follows: Employee Retention: Employees take M&A as a threat. Especially employees of the targeted company feel the acquisition as a threat due to uncertainty about the future of the organization’s direction and feeling of confusion rising from absence of proper communication. A merger brings changes in organizational structure and culture...

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