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| ashu |
Posted
on 09-Jun-03 05:30 AM
Hi all, The 7th Entrepreneurs' Forum is taking place in Kathmandu later this week. Respected senior Nepali Marwari businessman Mr. Banwari Lal Mittal, 60-plus, will speak on: "Nepali business and the Marwaris: My Experiences." As in the past, in attendance will be about 60 to 70 young Nepali entrepreneurs and businesspeople -- bankers, lawyers, the second-to third-generation owners of Kathmandu's major family businesses, IT professionals, hoteliers and restauranters, other business owners, marketers and so on. As always, the tone of the forum will be candid and informal and info-rich. There will be a lively Q & A session, which will be followed by tea. The partners for this event are: New Business Age monthly magazine (for a detailed write-up later) The Himalayan Times daily newspaper (for press coverage). Vista International (for Audio visual production) and, Radisson Hotel (for venue and tea) The past speakers at The Entrepreneur's Forum have been: Mr. Shyam Kakshapati, owner of Nanglo Restaurant International Mr. Sanjeev Rajbhandari, CEO of Mercantile Traders Mr. Raghu Shah, CEO of ASKME Services and Himalayan Telecommerce Mr. Pravakar SJB Rana, ex-chairman of Soaltee Group Mr. Padma Jyoti, Chairman of Jyoti Group Mrs. Ambica Shrestha, Chairman of Dwarika's Hotel. ********** oohi ashu ktm,nepal
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| ashu |
Posted
on 13-Jun-03 09:12 AM
BUSINESS Credibility in business crucial, says Mittal "Himalayan News Service", Kathmandu, June 12, Banwari Lal Mittal, executive chairman of Shree Airlines Pvt Ltd said that 'credibility and goodwill' of a businessperson play a crucial role in rendering his business successful. Mittal was speaking at the Entrepreneurs' Forum organised by Business Service Aadhar (BSA) today. He said that if a businessperson had a short-term vision, it would ultimately affect the business in the long run. Mittal, a self-motivated person, started doing business about 52 years back. He expressed satisfaction with his business today, thanks to the environment he has found. He however pointed to adverse government policies that have hit the business adversely at times. But 'innovations' has helped him along to increase his business, he claimed. He has been in the business of construction, development and trading. He started the airlines business about four years back in which he has done quite well, he said. As Nepal is preparing to join the World Trade Organisation (WTO), there is a need to build up agreement on various business issues, he opined. Even young entrepreneurs today need to think seriously about doing businesses in the global market, he suggested. He recalled his earlier days when he faced tough challenges while initiating construction activities. He said he started the export and import business back in 1966, primarily with Japan, that has helped him to become financially strong. He said that Nepalis are capable enough to compete in the global market but they have to seriously think about quality control. Concerns over quality is harming Nepali businesses, Mittal felt. "Nepal possesses wonderful opportunities for doing businesses. We need to be efficient enough to exploit", he observed. At this point of time, being a SARS-free country, Nepal can benefit but there is no effort to take advantage of the opportunities. There are tremendous opportunities in Nepal to attract Indian tourists who are not travelling to Malaysia, Singapore, Bangkok and other countries due to fears over SARS any more, he said. Today, about 60 young Nepali entrepreneurs and businesspeople took part at the Entrepreneurs Forum, organised by Business Service Aadhar (BSA) and jointly sponsored by the Radisson Hotel and The Himalayan Times.
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| isolated freak |
Posted
on 13-Jun-03 10:59 AM
hetterika, hijo, i missed it because of some other commitment, but this business forum discussions are really good. How was it yesterday? must have been good. Mittal's experience must have been fascinating, to say the least. From ba ko kapada pasal in wotu tol (ason) to one of the richest nepali!! now, that's impressive. what does it tell? i think, marwari communiuty has its own business ethics and they copy the indian model, i.e, invest the profit on expanding the existing business or in something totally new. Oyur nepali businessmen, however, don't do this .. otherwise, your ghar-agadiko pasal which was tehre from the time of your grandfather would have turned into a good shopping complex and you would be buying clean-fresh stuffs.. however, even after three generations, the sahuji uses the same measuring cups/taraju that he inherited from his grandfather's father.. I wonder, what they do with the profit they make? where do they invest it? any idea? namaste
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