Day: April 21, 2024
Ridi Power Company Closing Auction of 11.35 Lakhs 11.35 Lakhs
Ridi Power Company Limited (RIDI) has concluded the auction for the unclaimed portion of its right shares, starting from 29th Baisakh, 2081. The auction, which commenced on 29th Chaitra, 2080, offered 11,35,657 units of ordinary right shares, representing the unclaimed portion of the rights offering. This auction opportunity stemmed from RIDI’s issuance of a 1:0.50 […]
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Corporate Development Bank Limited Reports 33.08% Decrease in Q3 Net Profit
Corporate Development Bank Limited (CORBL) has recently unveiled its third-quarter fiscal report for the year 2080/81, indicating a notable 33.08% decrease in net profit compared to the same period last year. The bank’s financial performance reflects challenges amidst core business operations, raising concerns among investors and stakeholders. Maintaining its financial stability, CORBL retains a total […]
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Kathmandu Ranks Second Among World’s Most Polluted Cities as Air Quality Worsens
Kathmandu, the capital city of Nepal, continues to face severe air pollution issues, securing its position as the second most polluted city globally, according to the latest findings from IQ Air. The city’s Air Quality Index (AQI) stands at 162, closely trailing behind Beijing, China, which maintains its status as the world’s most polluted city. […]
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ALICL Lists 24,45,357.9 Bonus Shares on NEPSE
In a significant development, Asian Life Insurance Company Limited (ALICL) has listed 24,45,357.9 bonus shares on the Nepal Stock Exchange (NEPSE). This move follows the company’s 16th Annual General Meeting held on 18th Falgun, 2080, where it endorsed an 8.1578% dividend for the fiscal year 2079/80. During the 188th meeting of the board of directors […]
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