Muktinath Bikas Bank Limited (MNBBL) has given 13.5% bonus shares directly to its owners’ DEMAT accounts and encouraged them to dematerialize their shares. On 30th…
Tag: ill
ICRA Nepal confirms the rating of NIC ASIA Bank’s Rs 3 arba debenture as ICRANP LBBB.
ICRA Nepal Limited has confirmed NIC Asia Bank Limited’s grade. The rating has been removed from the ‘Watch with Negative Implications’ category and moved…
Development banks have decided to lower the interest rate on fixed deposits
During its conference, the Development Bankers Association, an association of Development Bank CEOs, also resolved to drop the interest rate. The committee members have agreed…
Molung Hydropower Company and Sagarmatha Jalvidyut Company IPO Shares Listed on NEPSE
NEPSE has listed 80,25,000 unit IPO shares of Molung Hydropower Company Limited. This comprises promoter shares as well as shares offered to the general…
There will be no dividend paid to Excel Development Bank (EDBL) shareholders in fiscal year 2078/79.
Excel Development Bank Limited (EDBL) has announced that it will not pay dividends in fiscal year 2078/79. The EDBL Board of Directors decided on…
The capital market downturn has resulted in a significant reduction in Hathway Investment Nepal’s profitability.
Hathway Investment Nepal Limited (Hathway), Nepal’s first private-equity investment firm, generated Rs. 1277 million in operating income (OI) in fiscal year 2022. For FY 23,…
Because of the Liquor Industry’s Boom and Bust Period
Vijay Distillery Private Limited (VDPL), which manufactures liquor brands such as Ruslan Vodka, generated Rs. 2085 million in sales revenue in 2022. The company’s…
Remittance inflows increased by 25.3% to Rs. 794.32 billion in the first eight months of fiscal year 2022/23.
Nepal Rastra Bank (NRB), Nepal’s central bank, has released the country’s current macroeconomic and financial situation based on eight months of data ending in…
The IPO of Makar Jitumaya Suri Hydropower Company will be completed on Wednesday.
Makar Jitumaya Suri Hydropower Company Limited’s initial public offering (IPO) will take place this Wednesday, March 29th, 2079. The allotment program will take place…
Nothing Phone 1 is Launching in Nepal – Exclusively on Daraz
Nepal’s leading e-commerce platform, Daraz, has announced the exclusive launch of the “Nothing Phone 1” in Nepal on April 11. The Nothing Phone 1 is…
Mirmire Laghubitta (MMFDB) and Nerude Laghubitta (NLBBL) Call for Baisakh 10 SGM to Approve Merger
The Special General Meeting (SGM) of Mirmire Laghubitta Bittiya Sanstha Limited (MMFDB) and Nerude Laghubitta Bittiya Sanstha Limited (NLBBL) has been scheduled for 10th…
“Siddhartha Investment Growth Scheme 3” Public Offering
Siddhartha Capital Limited is launching the closed-end mutual fund scheme “Siddhartha Investment Growth Scheme 3” today, on the 26th Chaitra, and will close on the…