Himalayan Capital Limited, the issue manager for the “Himalayan 80-20” MF scheme’s IPO, has announced the completion of allotment for the 85 million units made…
Business | Market | Economy
“Deadline Extended for 1:0.50 Rights Offering by Synergy Power Development”
Synergy Power Development Limited (SPDL) has decided to extend the deadline for its rights offering. The rights offering commenced on the 3rd of Bhadra, 2080,…
“Government Permits 60% of Local-Level Funds as Bank Deposits”
The government is planning to allow 60 percent of the funds accumulated at the local level to be recognized as deposits. The Ministry of…
“Advanced Automobiles Partners with Sanima Bank for Affordable Renault Vehicle Loans”
Advanced Automobiles, the official distributor of Renault in Nepal, has entered into an auto loan partnership with Sanima Bank. This collaboration comes as the festive…
“Nepal Life Insurance Partners with Red Cross for Dudhkunda Health Camp”
Nepal Life Insurance, in collaboration with the Nepal Red Cross Society, conducted a free primary health camp at Dudhkunda in Solukhumbu district. This remote location…
“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…
“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…
“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…
“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…
“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…
“ICRA Nepal Rates SY Panel Nepal with BB Issuer Rating, Signifying Moderate Default Risk”
ICRA Nepal Limited has assigned a credit rating of [ICRANP-IR] BB (pronounced as ICRA NP Issuer Rating double B) to SY Panel Nepal Limited. This…
“Closing Today: Public Issue of 8.5 Crore Units ‘Himalayan 80-20’ Mutual Fund Scheme”
Himalayan Capital Limited is concluding the public offering of its mutual fund scheme called “Himalayan 80-20” today, which is Bhadra 15, 2080. Initially, the…