Friday, September 17, 2021

Acquisition

Investors are flooding into Nepal’s stock market in large numbers.

Since the Nepalese Stock Exchange (NEPSE) first opened its trading floor in January 1994, the capitalization of the Nepalese equities market has been steadily increasing. Simply put, the overall market capitalization of NEPSE increased by nearly NRs. 3,76,871 million...

Venture Capital Funds – Everything you need to know about it

A type of private equity, venture capital, or simply referred to as VC for short, is a type of investment. Venture Capital Funds (VCFs) manage VC for investors interested in investing in startups and early-stage firms. It's a high-risk,...

Any movable or immovable property acquired as part of the MCC project would remain the property of the Nepalese government.

The Millennium Challenge Account Nepal (MCA-Nepal) Development Board has stated that all property acquired by it will be retained by the Nepali government, not the Millennium Challenge Corporation (MCC). MCA-Nepal Development Board issued a statement on Sunday clarifying the matter...

NEPSE’s revenue increased by a small amount, to Rs 5.5 billion.

The stock market index (NEPSE) increased by 1.01 points on Wednesday, the fourth day of the week. The Nepse index had risen 0.04 percent by the end of trading on Wednesday, closing at 2,871.81 points. The Sensitive Index dropped 0.14...

CYC Nepal Laghubitta is planning IPO (Initial Public Offering)

CYC Nepal Laghubitta Bittiya Sanstha making preparations to issue initial public offerings (IPO). The company has appointed Global IME Capital as its issue manager. The company said it will issue 395, 335.97 units of shares. The company will issue the IPO once...

‘SmartDoko Monsoon Offer’ launched by e-commerce giant SmartDoko

Online mega-store SmartDoko is going to bring ‘Monsoon Offer of SmartDoko ‘. Recently, after the acquisition of SmartDoko by IMS Group, SmartDoko is about to bring an offer. Under this offer, customers will get a chance to win a Samsung...

On Ashad 5, Nabil Bank will have a special AGM to finalize the acquisition of United Finance

The Special General Meeting (SGM) of Nabil Bank Limited has been scheduled for Ashad 5, 2078 BS . After 11 a.m., the meeting will be held virtually at the bank's headquarters in Durbarmarg, Kathmandu. The SGM's first priority is to...

Pro-Congress economists say the budget is sugar-coated and will do little to help the economy.

There were disputes in favor and against the budget for Fiscal Year 2078/79 as soon as it was made public. It's natural for political leaders to have differing views on the budget, but economists are no exception. finance ministers...

Amazon to acquire MGM Studios for $8.45 billion

Amazon announced Wednesday that it will acquire MGM Studios for $8.45 billion, marking the company's most daring step into the entertainment business and accelerating its streaming ambitions. The transaction is Amazon's second-largest in history, after only the $13.7 billion purchase...

Infinity Laghubitta Bittiya Sanstha Limited (ILBS) is acquiring Nepal Agro Laghubitta Bittiya Sanstha Limited (NAGRO). On 25, 2021 , Nepal Rastra Bank approved the acquisition. On February 8, 2021 , the firms signed a Memorandum of Understanding (MOU) for...

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