About Us

Investment and Development Entrepreneurs Activities for Nepal is a Nepal based company of IDEA Group. IDEA Group is a multinational business group formed by a group of Non-Resident Nepali (NRN) and their International business partners. With the diverse business backgrounds of its founders and their business partners, IDEA Group is having a variety of projects locally and internationally.

Internationally, the Group mainly focuses on Technologies, Hotels & Tourism, Infrastructure and trading projects. Locally, apart from Technologies, Hotels & Tourism, Infrastructure and trading projects, the Group also focuses in Agriculture, Manufacturing, Maintenance and IT.

Our partner business group – Creator Universal Group, is a strong international business group, spanning Mining, Agriculture & Fisheries, Infrastructure, Manufacturing, Technology, and Commodity Trading. Creator Universal Group has long-term leases and government agreements for developing and managing over 2,400 square kilometers of both agricultural land and prime commercial land, 16,764 square kilometers of mining area, more than 1,100,000 square kilometers of ocean area, rivers and lakes in Madagascar, Uganda, Tanzania, and other Africa countries.

IDEA Group is also in partnership with other big business groups locally and internationally.

Gokarna Shrestha Chairperson	John Francis Director
Madan Shrestha Director	Bishnu Shrestha Director
Hira Shrestha Director	Ching Ching TSE International Director
Suman Gurung Director	Manoj Shrestha Director

	Integrity		Responsibility
	We value professional and personal integrity above all else. We achieve our goals by being honest, open and straightforward with all our stakeholders. We earn trust with every action, every minute of every day.		We are responsible corporate citizens. We are highly responsible to make our nation and country to be stronger and better. We believe we can change lives for the better. We will do this in a manner that befits our size and also reflects our humanity..
	Respect		Passion
	We respect the dignity of every individual. We are open and transparent with each other. We inspire and enable people to achieve high standards and challenging goals. We provide everyone equal opportunities to progress and grow.		We play to win. We have a healthy desire to stretch, to achieve personal goals and accelerate business growth. We strive to improve our national strength and people’s lives in our country.
	Sustainability
	We care about the future. Corporate/ Project sustainability is about integrating social, economic and environmental aspects. We make sure we are consuming the income, not the capital. We do our best to protect the source and sink functions of the environment not to be degraded

Business Philosophy

Shareholder Interest We value the trust of shareholders, and keep their interests paramount in every business decision we make, every choice we exercise. Consumer Focus We rethink every business process, product and service from the standpoint of the consumer – so as to exceed expectations at every touch point Social Responsibility We believe that organizations, like individuals, depend on the support of the community for their survival and sustenance, and must repay this generosity in the best way they can. Team Work The whole is greater than the sum of its parts; in our rapidly-changing knowledge economy, organizations can prosper only by mobilizing diverse competencies, skill sets and expertise; by imbibing the spirit of “thinking together” — integration is the rule, escalation is an exception. Respect for Competition We respect competition – because there’s more than one way of doing things right. We can learn as much from the success of others as from our own failures.

People Care We possess no greater asset than the quality of our human capital and no greater priority than the retention, growth and well-being of our vast pool of human talent. Excellence in Execution We believe in excellence of execution – in large, complex projects as much as small everyday tasks. If something is worth doing, it is worth doing well. Leadership by Empowerment We believe leadership in the new economy is about consensus building, about giving up control; about enabling and empowering people down the line to take decisions in their areas of operation and competence. Proactive Innovation We nurture innovation by breaking silos, encouraging cross-fertilization of ideas & flexibility of roles and functions. We create an environment of accountability, ownership and problem-solving –based on participative work ethic and leading-edge research.

Corporate Governance

IDEA Group has a corporate governance policy that promotes the highest levels of transparency and accountability to all stakeholders. It is a system by which all business corporations within the Group are directed and controlled. It deals with laws, procedures, practices and implicit rules that determine the Group companies’ ability to take informed managerial decisions vis-a-vis its principal stakeholders – shareholders, creditors, customers, the state and employees.

Our corporate governance policy includes:

• An independent and effective board of directors
• Good audit process and reporting
• Transparency
• Participation of shareholders in decision making
• Maximizing shareholder value
• Meeting social obligations

 

IDEA Group is committed to the highest standards of corporate governance in all its activities and processes. The various businesses were entrusted to competent professionals from the industry.IDEA Group disclosure norms are ahead of standards and are moving towards international practices. The boards of Group companies comprise eminent individuals from various disciplines.Each board has an audit committee, where directors, management and auditors deal with matters relating to financial reporting obligations, internal controls, review of accounting policies, and management of financial risks. It monitors compliance with laws, regulations and its own code of business conduct. The shareholders / investors grievance committee handles redress of shareholder and investor complaints like transfer of shares, non-receipt of balance sheet, and non-receipt of declared dividends.

The management committee takes decisions about policies and other important issues concerning the management. Each year all Group companies file a report on corporate governance, making all statutory disclosures.