Nepal Telecom has announced that they have experienced a loss of around 10 lakh rupees due to missing recharge cards. These cards, valued at 50 rupees each, vanished while being transported from Kathmandu to Bhairahwa. The incident was revealed by Nepal Telecom’s Wireless Services Directorate located at Babarmahal.
During a Cabinet meeting on Tuesday, a significant decision was made to approve the Cyber Security Policy 2080. This step, confirmed by the Ministry of Communication and Information Technology, sets the stage for the upcoming Cyber Security Bill. The government aims to create a secure and advanced cyber environment in the country with this
A Letter of Credit (LC) is a crucial financial tool in global trade that ensures a secure exchange of goods and payments between international buyers and sellers. Functioning as a guarantee from the buyer’s bank, the LC assures the seller of payment upon meeting specified conditions, including delivering goods and providing necessary documents. This
Nepal SBI Bank Limited (SBI) has decided to extend the public offering period for the “9% Nepal SBI Bank Debenture 2089.” The initial opening of the offering took place on the 18th of Shrawan, 2080, and the original closing date was today, the 22nd of Shrawan. As the offering has not garnered complete subscription,
Global IME Bank Limited (GBIME) has released its fourth quarter report for the fiscal year 2079-80, revealing a significant rise in Net Profit to Rs. 7.25 Arba, marking a 46.26 percent increase from the previous year’s Rs. 4.95 Arba during the same period. The bank has seen notable growth in both Net Interest Income
Sanima Bank Limited (SANIMA) has released its fourth-quarter report for the fiscal year 2079-80, showcasing an impressive 25 percent rise in Net Profits. By the end of FY 2079-80, the bank achieved a significant milestone, earning Rs. 2.61 Arba, a substantial increase compared to the Rs. 1.24 Arba earned in the same quarter of
Siddhartha Bank Limited (SBL) has released its fourth-quarter report for the fiscal year 2079-80, revealing a steady growth in its Net Profits, increasing by nearly 10 percent. In the last quarter of FY 2079-80, the bank’s profits reached Rs. 3.19 billion, a rise from the previous year’s Rs. 2.90 billion in the same period. The
Kumari Bank Limited’s current owners are selling 757,699 units of their shares through an auction, starting from the 19th of Shrawan to the 1st of Bhadra, 2080. Anyone who qualifies can participate, including the general public and institutions. The minimum bid price is Rs. 105 per share, and the smallest bid amount is 1000
Best Finance Company Limited (BFC) has released its fourth-quarter report for the fiscal year 2079-80, revealing a significant 76.87 percent decrease in its Net Profits compared to the same period last year. In the last quarter of FY 2079-80, the company’s earnings were only Rs. 3.86 crores, a sharp drop from the Rs. 16.72 crores
The National Hydro Power Company Limited (NHPC) is concluding the issuance of its ongoing 10:5 ratio right shares today, 18th Shrawan, 2080. The issue was open since 29th Ashad. Eligible investors are reminded to apply for the right shares before the end of banking hours today. After the issuance of 82,21,459.7178 units of right shares,
NHathway Investment Nepal Limited is concluding the issuance of 292,500 unit IPO shares exclusively to Nepalese citizens working abroad today, which falls on the 18th of Shrawan. The IPO offering commenced on the 4th of Shrawan, 2080. The company’s total issued capital amounts to Rs. 1.17 Arba, with 12.5% (29,25,000 unit shares) being made available
Recently, Nepal Oil Corporation raised the prices of petrol by Rs 9 and diesel and kerosene by Rs 7 due to increased prices from India. However, there’s some relief for consumers as the price of LP gas has been reduced by Rs 130 per cylinder. Currently, petrol is priced at Rs 170.50 per liter
