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NHPC Lists 25,000 More Shares on NEPSE Post-Sunkoshi Hydropower Acquisition
National Hydropower Company Limited (NHPC) recently added 25,000 more shares to the Nepal Stock Exchange (NEPSE) following their successful acquisition of Sunkoshi Hydropower. The acquisition was carried out at a swap ratio of 1:0.25, meaning for every share of Sunkoshi Hydropower, NHPC issued 0.25 of their shares. Prior to the acquisition, NHPC had a total […]
Read MoreHi guys, If my company based out of India invest in Nepal fixed deposits then we should be paying 5% TDS from interest earned. So we will not be paying any additional corporate tax in Nepal?
If anyone having knowledge in corporate law can help. That would be very helpful. View on r/NepalStock by Affectionate-Draw696
Read MoreBroker now charging additional fees to transfer amount to users account?
Recently broker has started charging additional amount when they transfer amount to the clients account. Was there any official news on this implementation? Previously they used to send money directly to my Global account without any charge. When I asked them why they are charging now, they said they are transfering via esewa? Is this […]
Read MoreThe Insurance Authority Issues Licenses to Two More Micro-Insurance Companies
The Nepal Insurance Authority has licensed two more microinsurance businesses. At its meeting on Tuesday, the authority’s board of directors voted to provide licenses to two more micro insurance companies. The authorities have given licenses to Protective Micro Insurance Ltd Nepal and Crest Micro Life Insurance Ltd.
Read MoreFollowing the merger with BOKL, 11.26 crore units of Global IME Bank’s .
Global IME Bank Limited (GBIME) has added 112,614,336 new shares to the NEPSE. On 2nd Ashad, 2079, Global IME Bank Limited (GBIME) and Bank of Kathmandu Limited (BOKL) signed a merger agreement and agreed to a 1: 1 share swap ratio for the merger. As a result of the merger, the additional shares are now […]
Read MoreAfter Merging with Ghodighoda Laghubitta, 138,125 Additional Shares of Unique Nepal Laghubitta Listed in NEPSE For Trading
138,125 additional shares of Unique Nepal Laghubitta Bittiya Sanstha Limited (UNLB) have been listed in NEPSE. Ghodighoda Laghubitta (GGBSL) and Unique Nepal Laghubitta signed the merger agreement with each other on Kartik 21, 2077 and endorsed a 1: 0.5 share swap ratio for the merger. Thus, the additional shares after the merger are now listed […]
Read MoreHigher Operating and Interest Expenses Caused a 95.81% Drop in Ridi Power’s Net Profit Company to Issue 50% Right Shares
Ridi Power Company Limited (RIDI) reported a 95.81% decrease in net profit in the second quarter (Q2) of the current fiscal year 2079/80. Profit declined to Rs. 1.96 crores in this quarter from Rs. 46.98 crores in the previous year’s equivalent quarter. In this quarter, the firm recorded total income of Rs. 18.92 crores, a […]
Read MoreThe Use of Stock Investment Tools
In days past, stock market information was limited and often buyers depended on stockbrokers to try to get the facts about investments. Today there are a variety of stock investment tools to assist modern investors and maximize the amount of information they can find about potential investments and trading activities. The widespread use of the […]
Read MoreIs Pi Coin / Pi Network the next huge thing in Crypto World?
Please note that Cryptocurrency transaction and mining is illegal in Nepal as per the notice issued by Nepal Rastra bank. This article is only for information purposes. Money has evolved and changed shape over time. Today, digital currencies are best suited to the needs of the digital world. Digital currencies are focused on decentralising the […]
Read MoreHow To Choose the Best Router For Your Home WiFi?
Choosing a reliable router is critical for getting the best WiFi performance out of your home network. Discover how to choose the best wireless router for your home WiFi. In Nepal, we have routers ranging from low-end to very high-end for various customer classes. TP-Link, Nokia, NETGEAR, Digicom, and other brands are available. When you […]
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