Day: July 17, 2023
“Sun Nepal Life Insurance Company Limited Initiates IPO Issue for Nepalese Citizens Working Abroad”
Sun Nepal Life Insurance Company Limited has commenced the issuance of 9,60,000 unit IPO shares exclusively for Nepalese citizens working abroad, starting from today, 1st Shrawan. The IPO issue will remain open until the 15th Shrawan, 2080. The total issued capital of the life insurance company amounts to Rs. 3.2 Arba, of which 30% or […]
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“Himalaya Urja Bikas Company’s Right Shares Added to SEBON Pipeline for Preliminary Review”
The Securities Exchange Board of Nepal (SEBON) has included the right shares of Himalaya Urja Bikas Company (HURJA) in its pipeline, subject to preliminary review. HURJA, a hydropower company, plans to issue 100% right shares valued at Rs. 99 Crores. This will involve the issuance of 9,900,000 (1:1) units of right shares to its existing […]
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“Inland Revenue Department (IRD) Falls Short of Revenue Target, Collecting Rs. 4 Kharba 80 Arba in Last Fiscal Year”
The Inland Revenue Department (IRD) faced a shortfall in revenue collection for the last fiscal year, collecting a total of Rs. 4 Kharba 80 Arba. This amount fell 23 percent below the target set at Rs. 6 Kharba 26 Arba. Furthermore, the revenue collected was Rs. 3 Arba less than the previous year’s collection (2078/79). […]
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“NEPSE Index Soars by 47.07 Points, Closing at 2,144.16 in Today’s Trading Session”
“NEPSE Index Surges by 47.07 Points, Closing at 2,144.16 in Today’s Trading Session” In today’s trading session, the NEPSE index showed a significant gain of 47.07 points or 2.24% compared to the previous trading day’s closing. This follows a surge of 12.16 points experienced in the index yesterday. The trading day began with the index […]
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