August 23: Jagadamba Motors, the sole distributor of TVS Motor Company in Nepal, has opened a new showroom at Tinkune, Kathmandu. The showroom has been named as Universal Moto Corp. Former finance minister Ram Sharan Mahat inaugurated the showroom amid a function on Tuesday, August 22. According to Anil Gupta, executive head of Jagadamna Motors, all models of TVS bikes and scooters currently being sold in Nepal are available at the showroom.