Day: May 17, 2024
Mero Microfinance Alters Share Structure, Boosts Public Ownership
Mero Microfinance Laghubitta Bittiya Sanstha Limited (MERO) has announced a significant alteration in its share structure, aimed at boosting public ownership and enhancing investor participation. As per the notice published by the company, the promoter-public shares conversion ratio has been adjusted from the existing 69.40% – 30.60% to 59.40% – 40.60%, following approval from Nepal […]
Read More
Prachanda Urges Private Sector Investment in Nepal’s Hydropower
Prime Minister Pushpa Kamal Dahal, also known as ‘Prachanda,’ has urged the private sector to invest confidently in Nepal’s hydropower sector. Speaking at the 22nd annual general assembly of the Independent Power Producers’ Association, Nepal (IPPAN), the Prime Minister highlighted a significant milestone: the signing of an agreement with India to export 10,000 megawatts of […]
Read More
Gold Prices Dip, Silver Slips: Latest Market Update
The cost of fine gold has witnessed a decline, according to a recent report from the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA). Fine gold is presently trading at Rs. 1,39,300 per tola, reflecting a decrease of Rs. 700 from its previous closing rate of Rs. 140,000 per tola. Similarly, Tejabi gold now […]
Read More
IME Life Insurance AGM: Dividend Declaration and Shareholder Meeting Details
IME Life Insurance Company Limited (ILI) has announced the convening of its 7th Annual General Meeting (AGM) on 28th Jestha, 2081. The meeting is scheduled to take place at Amrapali Banquet, Naxal, Kathmandu, commencing at 11:00 AM on that day. Among the key agendas, the AGM will endorse a 26.3158% dividend for the fiscal year […]
Read More