Muktinath Capital has introduced a New Year Offer for its valued customers, in which customers can register with Muktinath PMS Service for a minimum duration of one year with an investment of at least three lakhs. In addition, existing Demat holders and new clients can enroll for lifetime Demat and Meroshare account service for […]
On April 13, 2023, Federal Reinsurance Brokers Limited and Banking Finance and Insurance Institute of Nepal Limited signed a Memorandum of Understanding (MOU) to form a long-term strategic alliance in the areas of training, research, and consulting for the insurance sector’s capacity development. Ms. Alpana Sharma, Company Secretary, and Mr. Saurav Baral, Research Analyst
Menchhiyam Hydropower Limited will issue 934,915 unit shares with a face value of Rs 100 starting today, April 4th, 2080. The company expects to earn Rs 9.34 crore through this IPO. This issue’s early closure date is on 7th Baisakh, and if it is not completely subscribed, it can be prolonged until 19th Baisakh, 2080.
Three Star Hydropower Limited has issued an offer letter to issue an Initial Public Offering (IPO) to Khotang District residents and Nepalese citizens working overseas. The initial public offering (IPO) for locals and Nepalese citizens working abroad will take place from the 11th to the 25th of Baisakh, 2080. It should be noted that
From the 8th of Baisakh, 2080, the business would issue 12,69,411 unit shares with a face value of Rs 100. This IPO is expected to generate Rs 12.69 crore for the firm. This issue’s early closure date is on 12th Baisakh, and if it is not completely subscribed, it can be prolonged until 24th Baisakh,
According to the Nepal Bankers Association (NBA), the interest rate on fixed deposits would be reduced beginning in the approaching month of Baishakh, 2080. The majority of banks indicated support for decreasing the interest rate at the Bankers’ Association meeting on Wednesday, and the decision was taken to also cut the term interest rate.
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 to reduce the deposit interest rate by 1%. According to development banks, the interest rate on personal term deposits will now be 10.6 percent rather than 11.6 percent. Similarly, the
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, the company has projected an operating income of around Rs. 116 million. ICRA Ratings has assigned a long-term rating of LBBB to Hathway for long-term loans totaling Rs. 147.7 million
The Investors’ Association has focused significant attention on the financial and psychological effects of the stock market on regular investors, which have been steadily declining for a long time. Despite the fact that over 55 lakh investors lost a total of nearly Rs. 15 Kharba following the all-time high market capitalization on August 18,
You need to renew your driving license in Nepal every 5 years and it can be done through any Transport Management office. Even though there are only a few steps to license renewal in Nepal, it almost takes 2 to 3 hours. As offices are closed on weekends and so is the DOTM Nepal most of us need to
If you’re seeking for a simple way to transfer your NTC balance, you’ve come to the perfect location. We will lead you through the procedure step by step in this blog article. So, whether you want to top up your phone or transfer money to a buddy, we’ll teach you how to do it fast
Nepal Telecom (NTC), the country’s state-owned telecoms operator, has officially launched its long-awaited 5G trial to commemorate the company’s 19th anniversary. Nepal Telecom, the country’s state-owned telecom operator, had previously postponed 5G testing due to a lack of a device ecosystem. To commemorate its 19th anniversary, the telco tested its 5G cellular network in Babarmahal
