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24-626: The longest highway of Nepal, Mahendra Highway, bisects this village. It lies between two rivers the Binai and the Jyameree. It is located at the foot hills of the Mahabharat range, so the climate is cooler than elsewhere in the Terai. After the ten-year-long Maoist civil war, there is now progress. Many youth study and work abroad. Most of people of here are engaged in trade and services, but few in agriculture. This town

48-476: A "model village". Chaudhary Group and its Chairman Binod Chaudhary have faced accusations of tax evasion, financial irregularities, and alleged monopolistic practices within certain sectors. Notably, he has established prominent relationships with political entities in power, including Prince Dhirendra during the monarchy rule in Nepal, and later affiliations with CPN-UML and Nepali Congress after Nepal transitioned into

72-462: A hospital, a school, colleges and wireless Internet service provider are present. In terms of security (there are strict traffic rules) this town is one of the safest in the area as the police station building is re-constructed which was destroyed by Maoists in the civil war. Hence, Dumkibas is a model-town for the districts. This article about a location in Gandaki Province of Nepal

96-610: A republic. One significant controversy involves the alleged privatization of land belonging to the Bansbari Shoe Factory, a government entity. Investigations revealed that Chaudhary's company took control of shares allocated to the public during the privatization process, subsequently gaining control of the land. Additionally, one of Chaudhary Group's subsidiaries, Apollo Steel Industries, faced accusations of land grabbing in Satungal, Kathmandu. Local communities have accused

120-1040: A wide presence across the nation with a 28 percent Indian market share. Chaudhary Group has a controlling stake in Nabil Bank , Nepal's largest private-sector commercial bank. The group operates CG Finco (financial company), United Remit (remittance company), United Finance (financial company), and United Insurance Company. The hospitality arm of Chaudhary Group, CG Hotels and Resorts, operates hotels. Chaudhary Group runs Chandbagh schools, Campion schools and colleges, and Delhi Public School in Nepal. Outside Nepal, it has stakes in AEC Education and Malvern House in UK. The group assembles and distributes consumer electronics (smartphones, refrigerators, washing machines, microwave ovens, TVs, vacuum cleaners, and various other products) across Nepal. It imports and distributes other brands such as TCL, Intex, Godrej, and Kelvinator. The best-known brand that

144-485: Is a stub . You can help Misplaced Pages by expanding it . 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. Towards

168-747: 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 (family-run conglomerate) in South Korea. Its headquarters are in the LG Twin Towers building in Yeouido-dong , Yeongdeungpo District , Seoul . LG makes electronics , chemicals , household appliances , 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. According to

192-406: Is better-developed than many of its neighbours. A black-topped road and a full literacy rate are recent achievements. The country's biggest cement factory provides many jobs to the locals and is run by Chaudhary Group (CG). Daunne hill is the touristic place of this town. Also, different TV channel and radio channel broadcasting station is located at Daunne hill including ( Nepal Television ). Banks,

216-439: Is recognised worldwide. As of September 2023 LG Corporation is a holding company that operates worldwide through more than 30 companies in the electronics, chemical, and telecom fields. Its electronics subsidiaries manufacture and sell products ranging from electronic and digital home appliances to televisions and mobile telephones, from thin-film-transistor liquid-crystal displays to security devices and semiconductors . In

240-614: The Coca-Cola Korea Bottling Company, manages real estate, offers management consulting , and operates professional sports clubs. LG and Hitachi created joint ventures named Hitachi-LG Data Storage in 2000 and LG Hitachi Water Solutions in 2011; among other partnerships it has had, LG has a long relationship with Hitachi dating back to the early years of Goldstar. Since then Hitachi has transferred technologies for LG's products such as radios, wires, TVs, home appliances, semiconductors, etc. The first joint venture between

264-457: The brand name GoldStar, while some other household products (not available outside South Korea) were sold under the brand name of Lucky. The Lucky brand was famous for hygiene products such as soaps and HiTi laundry detergents, but the brand was mostly associated with its Lucky and Perioe toothpaste . LG continues to manufacture some of these products for the South Korean market. Koo In-hwoi led

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288-409: The chemical industry, subsidiaries manufacture and sell products including cosmetics, industrial textiles, rechargeable batteries and toner products, polycarbonates , medicines, and surface decorative materials. Its telecom products include long-distance and international phone services, mobile and broadband telecommunications services, as well as consulting and telemarketing services. LG also operates

312-454: The company introduced Wai Wai in Nepal in 1985. The Chaudhary Group built four factories in Nepal and six factories in India for the manufacture and distribution of Wai Wai and other branded instant noodles. CG is expanding with new plants in Nepal , India, Bangladesh , Serbia, Kazakhstan and Saudi Arabia . Along with other noodle brands of India, one segment of Xpress Noodles, a product of CG

336-604: The company of usurping a public road, which is currently fenced off and part of the premises housing CG Electronics. This dispute dates back to 1987 and the road in question still remains closed to the public. Furthermore, Chaudhary's investment in Hotel Summit has been marred by allegations of procedural lapses and neglect regarding neighboring properties. Investigations revealed the company's failure to obtain approval from local authorities for construction and circumvention of mandatory Environmental Impact Assessments (EIA). He

360-418: The corporation until his death in 1969, at which time, his son Koo Cha-kyung took over. He then passed the leadership to his son, Koo Bon-moo , in 1995. Koo Bon-moo renamed the company to LG in that year. The company then trademarked the letters LG with the company's tagline "Life's Good". Since 2009, LG has owned the domain name LG.com. Koo Bon-moo died of a brain tumor on 20 May 2018. In July 2018, it

384-574: 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

408-595: 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 Europe in the early-1960s when Nepal's trade with the outside world was limited to India. Wai Wai is an international brand of instant noodles produced initially in Thailand by Thai Preserved Food Factory Co. since 1972. Chaudhary Group with technical assistance of

432-409: The group deals in is LG Corporation of South Korea. CG Group has signed a deal worth $ 1 million with China's Huawei to launch 4G services in Nepal. Miss Universe Nepal 2020 For the year 2020, CG Corp took the responsibility of organizing the annual beauty pageant competition Miss Universe Nepal 2020 to select Nepali Delegate to Miss Universe , the most prestigious beauty pageant in

456-432: The two is LG Hitachi, which has been around since 1980s when it was established to import computers to Korea. LG had two joint ventures with Royal Philips Electronics : LG Philips Display and LG Philips LCD , but Philips sold off its shares in late 2008. In 2005, LG entered into a joint venture with Nortel Networks , creating LG-Nortel Co. Ltd. In 2020, LG and Canadian auto supplier Magna International launched

480-519: The world. The event proved to be inclusive and a huge success. The Chaudhary Foundation assisted in building 10,000 transitional shelters for survivors of the April 2015 Nepal earthquake . It also committed to build 100 schools for those damaged in the earthquake. The foundation has handed over 2500 shelters and 40 school buildings. Due to government norms, the foundation is now moving away from transitional shelter to permanent housing and working on building

504-665: The “Top 500 Global Brands” released by British consulting firm Brand finance, LG's brand value ranking rose from 90th to 83rd from the previous year. 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 form Lucky-Goldstar in 1983. GoldStar produced South Korea's first radio . Many consumer electronics were sold under

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528-511: Was also named in the Pandora Papers leak in 2021. While his son denies allegations, stating compliance with the law, investigations suggest the use of loopholes to circumvent Nepal's legal restrictions on owning foreign assets and capital controls for global business expansion. Chaudhary himself has alluded to such practices in his autobiography. LG Corporation LG Corporation (or LG Group ), formerly known as Lucky-Goldstar ,

552-539: Was announced that Koo Kwang-mo, the nephew and adopted son of Koo Bon-moo, will be the new CEO of LG. Koo Bon-moo adopted his nephew in 2004, after losing his only son in 1994, citing "a family tradition of male-only succession". The G-E-F-D-E-C-C' jingle was produced by Musikvergnuegen and written by Walter Werzowa (who had previously composed the Intel bong ) in 2008. The jingle has been featured in LG commercials and devices and

576-520: Was banned in the Tamil Nadu state of India in 2015 for a period of three months citing high levels of lead in similar noodle brand known as Maggi . The Assam government had also banned Mimi, another product from CG for one month under the Food Safety and Standard Act 2006. Subsequently, concerned authorities declared the noodles safe as they proved to contain no lead and harmful materials. Wai Wai has

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