The initial public offering (IPO) of Sarbottam Cement has initiated the bidding process for Qualified Institutional Investors (QII) at the Nepal Stock Exchange (NEPSE). The…
Tag: businessman
NEPSE Records Marginal Losses as Sonapur Minerals Leads Turnover
The Nepal Stock Exchange (NEPSE) Index recorded a decline of 11.27 points, equivalent to 0.59%, compared to the previous day’s closing, settling at 1,896.67 points….
Kumari Bank Initiates Auction of 91,638 Promoter Shares for Existing Shareholders
The current promoter of Kumari Bank Limited (KBL) has initiated the auction of 91,638 units of shares, inviting interest from existing promoter shareholders starting today….
Gold Price Rises by Rs. 600 per Tola, Silver also Witnesses Increase in Nepal’s Market
The price of the precious metal gold has experienced an increase of Rs. 600 per tola compared to the trading price on Friday. As reported…
Government Utilizes 10.2% of Development Capital Amidst Sluggish Revenue Collection
As the current fiscal year reaches its midway point with four and a half months passed, the government’s utilization of its development capital remains relatively…
US Dollar Reaches Record High Against Nepali Rupee, Impacting Imports and State Loans
The US dollar has recently attained its highest value against the Nepali rupee, reaching a new record of Rs. 133.68 last Wednesday and continuing to…
NEPSE Index Surges 2.56%, Marks Highest Level in 1.5 Months with Robust Turnover
The Nepal Stock Exchange (NEPSE) Index demonstrated a substantial gain of 47.75 points, equivalent to 2.56%, compared to the previous day’s closing, reaching a closing…
Nepal’s Government Records Revenue of Rs. 84.75 Billion from Alcohol and Cigarette Sales in the Past Fiscal Year
During the last fiscal year, the Internal Revenue Department (IRD) of Nepal reported that the government accrued a total revenue of Rs. 84.75 Billion from…
Unnati Sahakarya Laghubitta FPO Allotment Concluded, Oversubscribed by Over 65 Times
The FPO allotment process of Unnati Sahakarya Laghubitta Bittiya Sanstha Limited (USLB) was successfully concluded today at the offices of the issue manager, Siddhartha Capital…
Kumari Bank Limited Promoters Auction 5,392 Shares to the Public
The current promoter of Kumari Bank Limited (KBL) has initiated the auctioning of 5,392 units of shares to the general public starting today. Lok Maya…
Nepal’s Internal Revenue Collection Costs Rise to 3.38 Paisa per 1000 Rupees in FY 2079/80
In the fiscal year 2079/80, the Nepalese government conducted a cost analysis, revealing that it incurred a cost of 3.38 paisa to collect 1000 rupees…
NEPSE Weekly Review: Market Trends, Technical Analysis, and Key Insights
This week, the NEPSE index concluded at 1,860.20, marking an increase of 8.12 points (0.44%) from the previous week’s closing at 1,850.08. The index…