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Fossil Q1 Loss Narrows On Lower Costs

India, May 13 -- Fossil Group Inc. (FOSL) on Wednesday reported a narrower first-quarter loss, as lower restructuring expenses and reduced operating costs offset a decline in sales. Net loss attribut... Read More


National ID server outage enters 10th day, millions left stranded

Nepal, May 13 -- Millions of service seekers across the country have been affected as the server of the Department of National ID and Civil Registration (DoNIDCR) has remained down for the past ten da... Read More


Gold loan stocks rally after import duty hike on gold, silver

Mumbai, May 13 -- Manappuram Finance surged 6.16%, while Muthoot Finance gained 4.96%. Shares of IIFL Finance climbed 4.31%. The government has increased import duty on gold and silver to 15% from 6%... Read More


Black Box Acquires Brazil's 2S Inovacoes; Targets Rs500 Cr Revenue Boost in FY27

India, May 13 -- Black Box Limited is a global digital infrastructure and technology solutions provider offering services across networking, cybersecurity, cloud, data centers, connected workplaces, a... Read More


Market monitoring in Tokha, 46 erring businesses booked

Nepal, May 13 -- The Tokha Municipality in Kathmandu district has taken action against 46 businesses during a market monitoring campaign to protect consumer rights and improve market management. Acco... Read More


Malaysian police say suspected Bangladeshi man killed in hit and run

Dhaka, May 13 -- A 30-year-old man killed in a hit and run in western Malaysia's Klang is believed to be a Bangladeshi citizen, say local police. Klang Utara police chief S Vijaya Rao said authoritie... Read More


Moderate rainfall likely in some provinces

Nepal, May 13 -- The weather will remain generally cloudy across Koshi, Madhesh, Bagmati and Gandaki provinces, as well as in the hilly and mountainous regions of the country today, the Meteorological... Read More


'It feels great to come to court,' a frustrated Latif Siddique tells judge

Dhaka, May 13 -- Former Awami League Presidium member and ex-minister Abdul Latif Siddique will no longer have to appear in court in person for hearings in a case filed under the Anti-Terrorism Act. H... Read More


Ventive Hospitality Reports Record Profit of Rs260 Cr for FY26..

India, May 13 -- In a board meeting held on May 12, 2026, the Board of Directors of Ventive Hospitality Limited approved the company's audited financial results for FY2025-26. The luxury-focused hospi... Read More


NIMB CEO Pandey arrested in connection with Smart Telecom case

Nepal, May 13 -- A Central Investigation Bureau (CIB) team has arrested Chief Executive Officer (CEO) of Nepal Investment Mega Bank (NIMB), Jyoti Prakash Pandey, on charges of illegally auctioning sta... Read More