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Chaudhary Group
Chaudhary Group (CG Corp Global) is a multi-national conglomerate headquartered in Nepal. Its businesses include financial services, consumer goods, education, hospitality, energy, consumer electronics, real estate, biotech, and alternative medicine. The group owns 136 companies in 15 different business verticals across five continents. History Towards the end of the eighteenth century, Bhuramull Chaudhary, a Marwari businessman from the modern-day Shekhawati district in the Indian state of Rajasthan, was invited to Nepal at the behest of its erstwhile Rana rulers for business. He sold clothes to the royalty and high-end customers in Kathmandu going from door-to-door and later started his own store in Kathmandu. Binod's father, Lunkaran Das Chaudhary, laid the foundations of the group. He imported consumer electronics and garments from Japan, South Korea, Europe, and India. Lunkaran started Nepal's first department store, Arun Emporium, in 1968. He exported jute to the US and E ...
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Binod Chaudhary
Binod Chaudhary ( ne, विनोद चौधरी; born 14 April 1955) is a Nepalese billionaire businessman, politician and philanthropist. He is the chairman and president of the Chaudhary Group (CG). In February 2013, he was recognised as Nepal's wealthiest person and only billionaire, having an estimated net worth of $1 billion. Since 2013, his net worth has risen to $1.7 billion. Besides his business, which focuses on distribution, retail, leisure and manufacturing, he has done charity work, bookwriting, and filmmaking. Early life Binod Kumar Chaudhary was born in Kathmandu, Nepal, to a Marwari family. His grandfather, Bhuramal Das Chaudhary, was an entrepreneur who started a textile business. His father was also a businessman who further developed his grandfather's business. Early in his career, Chaudhary chose to pursue further education rather than join the family business. Chaudhary credits his grandfather and father as inspirations. He is a fan of Boll ...
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Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Conglomerate Companies Of Nepal
Conglomerate or conglomeration may refer to: * Conglomerate (company) * Conglomerate (geology) * Conglomerate (mathematics) In popular culture: * The Conglomerate (American group), a production crew and musical group founded by Busta Rhymes ** Conglomerate (record label), a hip hop label founded by Busta Rhymes * The Conglomerate (Australian group), a jazz quartet See also * Conglomerate Ridge, in the Ellsworth Mountains, Antarctica * ConGlomeration (convention) ConGlomeration was an annual multigenre convention held in or around Louisville, Kentucky between 2001 and 2019. ConGlomeration was an all-volunteer non-profit organization which, as part of its convention programming, conducted charitable acti ...
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Forbes
''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also reports on related subjects such as technology, communications, science, politics, and law. It is based in Jersey City, New Jersey. Competitors in the national business magazine category include ''Fortune'' and ''Bloomberg Businessweek''. ''Forbes'' has an international edition in Asia as well as editions produced under license in 27 countries and regions worldwide. The magazine is well known for its lists and rankings, including of the richest Americans (the Forbes 400), of the America's Wealthiest Celebrities, of the world's top companies (the Forbes Global 2000), Forbes list of the World's Most Powerful People, and The World's Billionaires. The motto of ''Forbes'' magazine is "Change the World". Its chair and editor-in-chief is Steve Fo ...
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April 2015 Nepal Earthquake
The April 2015 Nepal earthquake (also known as the Gorkha earthquake) killed 8,964 people and injured 21,952 more. It occurred at on Saturday, 25 April 2015, with a magnitude of 7.8 Mw or 8.1 Ms and a maximum Mercalli Intensity of X (''Extreme''). Its epicenter was east of Gorkha District at Barpak, Gorkha, roughly northwest of central Kathmandu, and its hypocenter was at a depth of approximately . It was the worst natural disaster to strike Nepal since the 1934 Nepal–Bihar earthquake. The ground motion recorded in Kathmandu, capital of Nepal, was of low frequency, which, along with its occurrence at an hour where many people in rural areas were working outdoors, decreased the loss of property and human lives. The earthquake triggered an avalanche on Mount Everest, killing 22, the deadliest incident on the mountain on record. The earthquake triggered another huge avalanche in the Langtang valley, where 250 people were reported missing. Hundreds of thousands of Nepalese wer ...
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Huawei
Huawei Technologies Co., Ltd. ( ; ) is a Chinese multinational technology corporation headquartered in Shenzhen, Guangdong, China. It designs, develops, produces and sells telecommunications equipment, consumer electronics and various smart devices. The corporation was founded in 1987 by Ren Zhengfei, a former officer in the People's Liberation Army (PLA). Initially focused on manufacturing phone switches, Huawei has expanded its business to include building telecommunications networks, providing operational and consulting services and equipment to enterprises inside and outside of China, and manufacturing communications devices for the consumer market. Huawei has deployed its products and services in more than 170 countries and areas. It overtook Ericsson in 2012 as the largest telecommunications equipment manufacturer in the world, and overtook Apple in 2018 as the second-largest manufacturer of smartphones in the world, behind Samsung Electronics. In 2018, Huawei re ...
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LG Corporation
LG Corporation (or LG Group) (), formerly Lucky-Goldstar from 1983 to 1995 (Korean: ''Leokki Geumseong''; ), is a South Korean multinational conglomerate founded by Koo In-hwoi and managed by successive generations of his family. It is the fourth-largest chaebol in South Korea. Its headquarters are in the LG Twin Towers building in Yeouido-dong, Yeongdeungpo District, Seoul. LG makes electronics, chemicals, and telecommunications products and operates subsidiaries such as LG Electronics, Zenith, LG Display, LG Uplus, LG Innotek, LG Chem, and LG Energy Solution in over 80 countries. History LG Corporation was established as Lak Hui Chemical Industrial Corp. in 1947 by Koo In-hwoi. In 1952, Lak Hui (락희) (pronounced "Lucky"; now LG Chem) became the first South Korean company to enter the plastics industry. As the company expanded its plastics business, it established GoldStar Co. Ltd. (now LG Electronics Inc.) in 1958. Both companies Lucky and GoldStar merged to f ...
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Transitional Shelter
Transitional shelter is any of a range of shelter options that help people affected by conflict or natural disasters who have lost or abandoned their housing until they can return to or recover acceptable permanent accommodation. The term refers to an incremental process rather than a product, in which a shelter can be: # upgraded into part of a permanent house; # reused for another purpose; # relocated from a temporary site to a permanent location; # resold, to generate income to aid with recovery; and # recycled for reconstruction. This relatively new terminology arose to fill a conceptual gap in traditional refugee camp disaster responses, which left populations living often for many years in decrepit emergency shelter. There is debate however on the cost effectiveness of this type of shelter solution because of repeated costs incurred with delivering; first tarps, then tents, then transitional shelter, then permanent housing. Several organizations have developed a she ...
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Nabil Bank
Nabil Bank Limited ( ne, नबिल बैंक लिमिटेड; previously known as Nepal Arab Bank Limited) is the first private commercial bank in Nepal. Founded in 1984, the bank has branches across the nation and its head office in Durbar Marg, Kathmandu. It began as the first bank in Nepal incepted by multinational (primarily foreign) investors (as Nepal Arab Bank Ltd) on 12 July 1984. The bank was incorporated with the objective of providing modern, international-standard financial services to businesses. Its Dubai government-owned majority share was purchased in 1995 by Nepal's only billionaire businessman, Binod Chaudhary. It maintains its head office at its Nabil Center, Durbar Marg flanking the chief avenue of the capital ''The Capital'' (also known as ''Capital Gazette'' as its online nameplate and informally), the Sunday edition is called ''The Sunday Capital'', is a daily newspaper published by Capital Gazette Communications in Annapolis, Maryl ...
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Assam
Assam (; ) is a state in northeastern India, south of the eastern Himalayas along the Brahmaputra and Barak River valleys. Assam covers an area of . The state is bordered by Bhutan and Arunachal Pradesh to the north; Nagaland and Manipur to the east; Meghalaya, Tripura, Mizoram and Bangladesh to the south; and West Bengal to the west via the Siliguri Corridor, a wide strip of land that connects the state to the rest of India. Assamese and Boro are the official languages of Assam, while Bengali is an additional official language in the Barak Valley. Assam is known for Assam tea and Assam silk. The state was the first site for oil drilling in Asia. Assam is home to the one-horned Indian rhinoceros, along with the wild water buffalo, pygmy hog, tiger and various species of Asiatic birds, and provides one of the last wild habitats for the Asian elephant. The Assamese economy is aided by wildlife tourism to Kaziranga National Park and Manas National Park, which are ...
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Maggi
Maggi ( or ) is an international brand of seasonings, instant soups, and noodles that originated in Switzerland in the late 19th century. The Maggi company was acquired by Nestlé in 1947. History Early history Julius Maggi (1846–1912) took over his father's mill business in Kemptthal, Switzerland, in 1869. Under his leadership, the business developed into one of the pioneers of industrial food production with the aim of improving the diet of working-class families through better nutrient supply and faster preparation. In 1882, at a meeting of the Swiss “Non-Profit Society”, the doctor and factory inspector Fridolin Schuler spoke about the miserable nutritional situation of the factory workers: women workers no longer had enough time to cook for their families, cold meals or alcohol often replaced warm meals; meals were served in factory canteens and were cheap but not sufficiently nutritious. The consequences were malnutrition, stomach diseases and high infant mor ...
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Tamil Nadu
Tamil Nadu (; , TN) is a States and union territories of India, state in southern India. It is the List of states and union territories of India by area, tenth largest Indian state by area and the List of states and union territories of India by population, sixth largest by population. Its capital and largest city is Chennai. Tamil Nadu is the home of the Tamil people, whose Tamil language—one of the longest surviving Classical languages of India, classical languages in the world—is widely spoken in the state and serves as its official language. The state lies in the southernmost part of the Indian peninsula, and is bordered by the Indian union territory of Puducherry (union territory), Puducherry and the states of Kerala, Karnataka, and Andhra Pradesh, as well as an international maritime border with Sri Lanka. It is bounded by the Western Ghats in the west, the Eastern Ghats in the north, the Bay of Bengal in the east, the Gulf of Mannar and Palk Strait to the south-eas ...
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