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Spice mobiles in new avatar<br/>Jebil's Finance starts operation

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KATHMANDU, Nov 21: Spice Mobiles Ltd, one of India´s leading handset brands, has completed its brand refresh exercise and launched a new logo and visual identity. [break]



Issuing a press release Saturday, the company said the new logo would replace the old combination of five rainbow colors with a vibrant shade of yellow that symbolizes energy and spirit that the company stands for.



“The new brand identity is designed to help differentiate the company and support its leading position in increasing competitive market conditions in India and global markets,” the release adds.



Chief Executive Officer and Director of Spice Mobiles Ltd Kunal Ahuja said the brand underwent a new identity to keep in line with the changing market dynamics and the need to present a globally relevant face and to signify Spice Mobiles´ evolving relationship with its market, customers and other stakeholders.





Jebil´s Finance starts operation



KATHMANDU, Nov 21: Jebil´s Finance Ltd -- a Class ´C´ financial company -- launched its operation from Thursday. Bir Bikram Rayamajhi, deputy governor of Nepal Rastra Bank inaugurated the New Road-based bank.



A press release issued on Saturday states that the company has collected Rs 106.8 million in deposits and disbursed loan amounting to Rs 72.7 million so far. The company has issued and paid-up capital of Rs 200 million and Rs 102 million respectively.



The company plans to issue ordinary shares worth Rs 98 million within the next fiscal year.



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