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Till the eighth month of FY 79/80, life insurance companies collected an impressive premium of Rs. 93.75 Arba. 1
Business | Market | Economy

Till the eighth month of FY 79/80, life insurance companies collected an impressive premium of Rs. 93.75 Arba.

Insurance companies are competing with one another to collect more premiums. Out of its 1.4 crore total active insurance policies, life insurance companies collected a total premium of Rs. 93.75 Arba during the fiscal year 2079/80. According to a report published by the Nepal Insurance Authority, Nepal Life Insurance Company Limited collected Rs. 24.37 Arba […]

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Gurans Life Insurance Company Holds Annual General Meeting on Baisakh 06 to Approve 13.27% Bonus Dividend and Merger-Related Agendas 3
Dividend

Gurans Life Insurance Company Holds Annual General Meeting on Baisakh 06 to Approve 13.27% Bonus Dividend and Merger-Related Agendas

  Gurans Life Insurance Company Limited (GLICL) has scheduled its 13th Annual General Meeting for the 6th of Baisakh, 2080. The meeting will begin at 10:30 a.m. that day at the company’s headquarters in Tinkune, Kathmandu. Among the other items on the agenda, the AGM will approve 13.2712772% bonus shares for fiscal year 2078/79. The […]

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NEPSE closes in the green: 1.02 points higher, while turnover falls to Rs 81.62 crores. 5
NEPSE NEWS

NEPSE closes in the green: 1.02 points higher, while turnover falls to Rs 81.62 crores.

  The NEPSE index closed at 1,919.42 today, up 1.02 points from the previous trading day’s close. This is a 0.05% increase. Yesterday, the index rose 12.10 points. Today, the index opened at 1,920.09 and closed at 1,901.62. In contrast, it reached a high of 1,922.04 before closing at 1,919.42. Through 25,413 transactions, 258 scrips […]

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SEBON Approves Mahalaxmi Debenture 2089 at 11% 7
Business | Market | Economy

SEBON Approves Mahalaxmi Debenture 2089 at 11%

On Chaitra 05, 2079, the Securities Board of Nepal (SEBON) authorized the “11% Mahalaxmi Debenture 2089.” Mahalaxmi Bikas Bank Limited (MLBL) plans to issue 10 lakh unit debentures at Rs 1000 per unit. During a period of ten years, the bank will give an interest rate of 11% on the debenture. Out of the total […]

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Siddhartha Bank's Promoter Shares will being auctioned off starting today. 9
Business | Market | Economy

Siddhartha Bank’s Promoter Shares will being auctioned off starting today.

From today, 14th Chaitra, 2079, the promoter shareholder of Siddhartha Bank Limited (SBL) is auctioning 114,813 units of shares to existing promoter owners. SBL unit promoter shares worth 114,813 will be auctioned off. Only existing promoters are entitled to bid on the auction within 35 days after its publication, on the 14th Chaitra. Shareholders should […]

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Today's gold price in Nepal has dropped by Rs 1000 per tola. 13
Gold | Silver | Forex

Today’s gold price in Nepal has dropped by Rs 1000 per tola.

Today’s gold price has dropped by Rs. 1000 per tola. According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is now trading at Rs. 108,000 per tola. Yesterday, the tariff remained unchanged at Rs. 109,000 per tola. Meanwhile, Tejabi gold is currently trading at Rs. 107,500. In contrast, the […]

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NEPSE rises into the double digits with a volume of Rs 1.443 Arba. 15
NEPSE NEWS

NEPSE rises into the double digits with a volume of Rs 1.443 Arba.

The NEPSE index finished at 1,918.10 today, up 12.10 points from the previous trading day’s close. This is a 0.63% increase. Yesterday, the index rose 17.70 points. The index began today at 1,910.35 and reached an intraday high of 1,906.40. In comparison, it dropped as low as 1,936.48 before closing at 1,918.10. In 35,926 transactions, […]

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All 5 NIC Asia Capital Mutual Fund Schemes have published the Falgun Month NAV Report. 17
Business | Market | Economy

All 5 NIC Asia Capital Mutual Fund Schemes have published the Falgun Month NAV Report.

  . The financial highlights for the month of Falgun have been published by NIC Asia Balanced Fund (NICBF), a 10-year close-end mutual fund scheme managed by NIC Asia Capital. The period’s NAV was Rs. 10.73, which was lower than the previous month’s NAV of Rs. 11.26. The scheme started with a Rs. 75.50 crore […]

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IPO Warning! City Hotel Limited will issue initial public offering (IPO) shares to Nepalese citizens working abroad and the general public. 19
IPO | FPO

IPO Warning! City Hotel Limited will issue initial public offering (IPO) shares to Nepalese citizens working abroad and the general public.

  City Hotel Limited has issued an offer letter to Nepalese citizens working abroad and the general public in preparation for its Initial Public Offering (IPO). From the 21st Chaitra, 2079, the company will issue 1,67,400 unit shares of Rs 100 face value to Nepalese citizens working abroad. This issue will be closed on the […]

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