Month: September 2023
“Vision Lumbini Urja IPO Open to Kaski District Locals and Nepalese Abroad; Extension Possible for Locals”
Vision Lumbini Urja Company Limited has initiated an Initial Public Offering (IPO) that is open for subscription from the 19th of Bhadra until the 2nd of Ashwin, 2080. This IPO is available to project-affected locals of Kaski District and Nepalese citizens working abroad. It’s important to note that for residents of Kaski District, if the […]
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“ICRA Nepal Gives Unitech Hydropower B+ Issuer Rating Signaling High Default Risk”
ICRA Nepal Limited has given Unitech Hydropower Company Limited an issuer rating of [ICRANP-IR] B+. This rating signifies that Unitech Hydropower Company Limited carries a high risk of not meeting its financial obligations on time. It’s essential to understand that this rating is a general assessment of the company’s creditworthiness and is not […]
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“NEPSE Index Drops 0.32% with Rs. 79.68 Crores Turnover; NMBMF in Positive Circuit”
In today’s trading on the Nepal Stock Exchange (NEPSE), the index closed at 1,961.37 points, showing a slight decrease of 6.45 points or 0.32% compared to the previous day. Yesterday, the index had gained 7.04 points. The trading day started with the index opening at 1,966.8 and reached a high point of 1,974.11 during the […]
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“Mai Khola Hydropower Calls AGM on 9th Ashwin to Discuss 100% Right Shares Issuance”
Mai Khola Hydropower Limited (MKHL) has scheduled its Annual General Meeting (AGM) for the 9th of Ashwin, 2080. The meeting will take place at Lord Party Venue in Dhumbarahi, Kathmandu, commencing at 9 a.m. The AGM’s agenda includes the following items: 1) Approval of the financial reports for the fiscal year 2079/80. 2) Endorsement […]
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“Last Two Days to Apply for Api Power Company’s 1:0.40 Right Shares”
The rights issue began on the 31st of Shrawan and is set to conclude tomorrow, the 19th of Bhadra, 2080, at the close of banking hours. The company’s current paid-up capital is Rs. 4.13 Arba, and it will rise to Rs. 5.78 Arba after the proposed rights issue. In this new offering, the hydropower […]
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“NMB Bank Offers Rs 100 Cashback on Debit Card Transactions”
Customers can earn a cashback of NPR 100 when they choose to make swift and secure ATM withdrawals or transactions using Point of Sale (POS) terminals. This special offer is available for a limited time. NMB Bank has received the esteemed “Bank of the Year Asia 2021” award from ‘The Banker Magazine’ of The […]
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“NEPSE Gains 7.04 Points; ILI Tops Turnover”
In today’s Nepal Stock Exchange (NEPSE) trading session, the NEPSE Index ended at 1,967.83 points, showing a slight increase of 0.35% or 7.04 points from the previous day when it had dropped by 29.81 points. The day began with the index starting at 1,960.79 and reaching its highest point at 1,977.96. However, it also hit […]
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“Nepal Airlines Adds Bangalore Route via Kathmandu”
Nepal Airlines, the country’s flag carrier, is planning to launch flights to Bangalore, India, via a layover in Kathmandu. These flights will originate from Gautam Buddha International Airport in Bhairahawa. Starting on Jestha 29, Nepal Airlines will operate flights on the Bhairahawa-Kathmandu-Kuala Lumpur route every Tuesday. Beginning from Bhadra 12, the airline initiated ticket […]
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“Final Day to Apply for Mathillo Mailung Khola’s IPO for Project-Affected Locals”
Mathillo Mailung Khola Jalbidhyut Limited had previously extended the deadline for its IPO shares to project-affected residents of Rasuwa and Nuwakot Districts until Bhadra 17, 2080. The company made this decision due to ongoing heavy rainfall and resulting flooding, which had made it difficult for locals to access banking centers. This extension was granted to […]
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“Himalayan 80-20 Mutual Fund Scheme Receives Strong Demand”
Himalayan Capital’s mutual fund scheme, Himalayan 80-20, has witnessed significant demand, with applications exceeding the available units by 1.076 times, as reported by the Central Depository System and Clearing Limited (CDSC). The application period ended with more applications than units available. By 5:06 p.m. on Friday, the scheme had received applications for 9.14 crores […]
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