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Month: February 2023

Prabhu Insurance Company Will Hold An AGM On February 23rd; The Company Will Endorse 7.05% 1
February 12, 2023

Prabhu Insurance Company Will Hold An AGM On February 23rd; The Company Will Endorse 7.05%

Dividend

  Prabhu Insurance Company Limited (PRIN) has called its 27th AGM on 23rd Falgun, 2079. The meeting will be held in the company’s head office…

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Employed Abroad; Deadline Extended for Project Affected Locals Till Falgun 15 3
February 12, 2023

Employed Abroad; Deadline Extended for Project Affected Locals Till Falgun 15

IPO | FPO

Makar Jitumaya Suri Hydropower Company Limited is closing the issue of its IPO to the Nepalese citizens working abroad from today i.e. on 29th Magh…

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Nepal Telecom - NTC 5G Trial Commences in Nepal 5
February 11, 2023

Nepal Telecom – NTC 5G Trial Commences in Nepal

Tech & Telecom

Nepal Telecom (NTC), the country’s state-owned telecoms operator, has officially launched its long-awaited 5G trial to commemorate the company’s 19th anniversary. Nepal Telecom, the country’s…

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Rastriya Beema Company's Profit Increased by 92.57% in Q2 7
February 11, 2023

Rastriya Beema Company’s Profit Increased by 92.57% in Q2

IPO | FPO, NEPSE NEWS

The earnings of Rastriya Beema Company Limited (RBCL) climbed by an astonishing 92.57% in the second quarter of fiscal year 2079/80 compared to the same…

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National Life Insurance's net profit increases by an astounding 57.70%. 9
February 11, 2023

National Life Insurance’s net profit increases by an astounding 57.70%.

Business | Market | Economy

National Life Insurance Company Limited (NLICL) has released its second-quarter report for fiscal year 2079/2080, showing a 57.70% increase in Net Profit compared to the…

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This week, NEPSE increased by a whopping 88.09 points, with a turnover of Rs 12.52 arba. 11
February 11, 2023

This week, NEPSE increased by a whopping 88.09 points, with a turnover of Rs 12.52 arba.

NEPSE NEWS

This week’s NEPSE index finished at 2,182.63, up 88.09 points (4.21%). Last week, the index finished at 2,094.54, down 4.06% from the previous week. This…

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Mountain Energy Nepal Reports Net Profit of Rs 35.55 Crores for Q2 13
February 10, 2023

Mountain Energy Nepal Reports Net Profit of Rs 35.55 Crores for Q2

Dividend

Mountain Energy Nepal Ltd reported a profit (after tax) of Rs. 35.55 crores in the second quarter. Profit decreased by 16.52% in this quarter. The…

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Chhimek Laghubitta Core Business Revenue Rises By 28.13% in Q2 15
February 10, 2023

Chhimek Laghubitta Core Business Revenue Rises By 28.13% in Q2

Business | Market | Economy, NEPSE NEWS

Chhimek Laghubitta Bittiya Sanstha Limited (CBBL) published the second-quarter report of FY 2079/2080 with a rise in Net Profit by 11.56%. As per the report published…

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Shangrila Development Bank Announces 8.983% Dividend Worth Rs 27.04 Crores for FY 2078/79 17
February 10, 2023

Shangrila Development Bank Announces 8.983% Dividend Worth Rs 27.04 Crores for FY 2078/79

Dividend

Shangrila Development Bank Limited (SADBL) has proposed a dividend of 8.983% amounting to Rs. 27.04 crores for fiscal year 2078/79. The board of directors decided…

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Union Life Insurance convenes its 5th AGM; endorses 8.97% bonus shares 19
February 10, 2023

Union Life Insurance convenes its 5th AGM; endorses 8.97% bonus shares

IPO | FPO

Union Life Insurance Company held its 5th Annual General Meeting (AGM) for the fiscal year 2077-78 on Magh 26, 2079, under the leadership of its…

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Asian Hydropower Opening Issue of 697,200 Unit IPO Shares to General Public from Today 21
February 10, 2023

Asian Hydropower Opening Issue of 697,200 Unit IPO Shares to General Public from Today

IPO | FPO

Asian Hydropower Limited will issue 6,97,200 unit shares with a face value of Rs 100 starting today, March 27th, 2079. The company expects to earn…

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Higher Operating and Interest Expenses Caused a 95.81% Drop in Ridi Power's Net Profit Company to Issue 50% Right Shares 23
February 10, 2023

Higher Operating and Interest Expenses Caused a 95.81% Drop in Ridi Power’s Net Profit Company to Issue 50% Right Shares

IPO | FPO, NEPSE NEWS

Ridi Power Company Limited (RIDI) reported a 95.81% decrease in net profit in the second quarter (Q2) of the current fiscal year 2079/80. Profit declined…

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