Management

Upper Solu Hydro Electric Company Reports Net Profit of 1.08 Crores in Q3; Financial Expenses Increased By Huge Margin of 244.73% 1
Business | Market | Economy

Upper Solu Hydro Electric Company Reports Net Profit of 1.08 Crores in Q3; Financial Expenses Increased By Huge Margin of 244.73%

Upper Solu Hydro Electric Company Limited (USHEC) has released its unaudited third-quarter report for FY 2079/2080, reporting a net profit of Rs. 1.08 Crores, indicating a 78.98% decline from the relevant period of the previous fiscal year. The company’s paid-up capital remains at Rs. 1.35 Arba, and it has a negative reserve of Rs 3.64 […]

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Remittance inflows increased by 25.3% to Rs. 794.32 billion in the first eight months of fiscal year 2022/23. 3
Business | Market | Economy

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 mid-March 2022/23.

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NMB Bank has completed the sale of its 10.75% -2089/2090 NMB Debenture. 5
Dividend

NMB Bank has completed the sale of its 10.75% -2089/2090 NMB Debenture.

NMB Bank Ltd issued 40 lakh units of Debenture totaling Rs. 4,00,00,00,000 under the issue and sales management of NIBL Ace Capital Limited (Four Arba Rupees Only). The debenture has a 10-year term and pays 10.75% interest per year. The “NMB Debenture 10.75% – 2089/2090” issue was opened on 2079/12/21, was oversubscribed in 4 days, […]

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How to Renew Driving License in Nepal
Government Related

How to Renew Driving License in Nepal

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 […]

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NEPSE Releases Virtual Trading Platform Demo Version 8
NEPSE NEWS

NEPSE Releases Virtual Trading Platform Demo Version

  Nepal Stock Exchange Limited (NEPSE) has made a test version of a virtual trade management system (simulator) available in order to introduce prospective investors to the technology. The main concern is, “How does NEPSE’s online method work?” This method was implemented with the goal of educating people and providing useful information.  

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Higher Operating and Interest Expenses Caused a 95.81% Drop in Ridi Power's Net Profit Company to Issue 50% Right Shares 10
IPO | FPO NEPSE NEWS

Higher 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 […]

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NIBL Ace Capital Asset Under Management Reaches Rs 4 Billion 12
Business | Market | Economy

NIBL Ace Capital Asset Under Management Reaches Rs 4 Billion

NIBL Ace Capital Limited, a leading merchant banking and Inveent banking company, has provided its clients with a variety of financial services over the years. Portfolio Management Service (PMS) is one of these profitable services that has assisted many people in achieving their goals with a well-balanced risk and return. In addition to investment banking, […]

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The Use of Stock Investment Tools 15
Stock Exchange

The 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 […]

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