media

National Life Insurance has released new bonus rates, with a maximum bonus of Rs 85 per Rs 1000 insured amount. 1
Business | Market | Economy

National Life Insurance has released new bonus rates, with a maximum bonus of Rs 85 per Rs 1000 insured amount.

  National Life Insurance Company has announced bonus rates ranging from Rs 63 to Rs 85 per Rs 1000 for its insured customers. According to the information, the company will offer a Rs 63 bonus for up to 9 years of life insurance, Rs 64 for 10 to 20 years, Rs 70 for 21 to […]

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Mahalaxmi Bikas Bank introduces new home and business loan schemes, lowering the interest rate to 12.99% with a special service charge discount. 3
Business | Market | Economy

Mahalaxmi Bikas Bank introduces new home and business loan schemes, lowering the interest rate to 12.99% with a special service charge discount.

  In addition to the new year’s special offer, the bank is offering a 0.25% discount on the service charge for both of these loan schemes for female home/business owners for a limited time. According to the media statement, borrowers can also receive up to 100% of the cost of the home/building as a loan […]

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Prudential Insurance Corporation supports 3.32% bonus shares and 0.17% cash dividend. Prudential Insurance Corporation supports 3.32% bonus shares and 0.17% cash dividend. 5
Dividend

Prudential Insurance Corporation supports 3.32% bonus shares and 0.17% cash dividend. Prudential Insurance Corporation supports 3.32% bonus shares and 0.17% cash dividend.

Prudential Insurance had its 21st Annual General Meeting (AGM) on Chaitra 16, 2079, under the chairmanship of Mr. Vishal Agrawal.   Apart from standard financial reports, the AGM approved a taxation proposal of 3.325% bonus shares and 0.17% cash dividend. According to the media announcement, the company’s paid-up capital would increase to Rs 1.22 arba.

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The NIC ASIA Laghubitta Parasi branch organizes a walkathon to commemorate the 11th Global Money Week. 7
Business | Market | Economy

The NIC ASIA Laghubitta Parasi branch organizes a walkathon to commemorate the 11th Global Money Week.

Through its sub-provincial office in Nawalparasi, NIC ASIA Laghubitta has organized a rally program to commemorate Global Money Week 2023 in Parasi.   According to the media statement, the event was led by the Parasi Laghubitta Employee Forum, and participants carried placards for financial awareness.  

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Awesome New Phones for an Awesome New Season; Samsung will release the Galaxy A34 5G and Galaxy A54 5G in Nepal. 9
Business | Market | Economy

Awesome New Phones for an Awesome New Season; Samsung will release the Galaxy A34 5G and Galaxy A54 5G in Nepal.

Rumors have been circulating on the internet about the arrival of Samsung’s all-new A series smartphone in Nepal. With the global release of the Samsung Galaxy A34 5G and Galaxy A54 5G, there has been speculation in the Nepali market about when the fantastic new addition to Samsung’s beloved A-series phones will arrive in Nepal. […]

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Deprosc Laghubitta holds its 21st annual general meeting, at which it approves a 21.05% dividend and the acquisition of Adarsha Laghubitta. 11
Dividend

Deprosc Laghubitta holds its 21st annual general meeting, at which it approves a 21.05% dividend and the acquisition of Adarsha Laghubitta.

  Mr. Deepak Khanal, chair of Deprosc Laghubitta, presided over the company’s 21st AGM. For the previous fiscal year, the AGM approved 10% bonus shares and 11.052632% cash dividends for its shareholders. According to the media statement, the company’s paid-up capital will increase to Rs 1.52 arba after the bonus shares.

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Sabaiko Laghubitta holds its sixth annual general meeting and approves 18% bonus shares for shareholders. 13
Business | Market | Economy

Sabaiko Laghubitta holds its sixth annual general meeting and approves 18% bonus shares for shareholders.

  Sabaiko Laghubitta held its 6th AGM on Falgun 26, 2079, led by company chair Mr. Narayan Prasad Joshi. According to the media statement, the AGM decided to approve 18% bonus shares and 0.95% cash dividends to its shareholders, as well as authorize the board to conduct any merger/acquisition work with suitable institutions.

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Lumbini General Insurance recommends 0.36% in cash dividends and 6.99% in bonus shares. 15
Dividend

Lumbini General Insurance recommends 0.36% in cash dividends and 6.99% in bonus shares.

AGM approval of the merger with Sagarmatha Insurance and the proposal of 6.99% bonus shares and 0.3679% cash dividend for taxation purposes are both mentioned in the media release in addition to the usual financial reporting. According to the press release, the AGM authorized the board to carry out all merger-related responsibilities and approved the […]

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Mahalaxmi Life Insurance observes its 4th anniversary 17
Business | Market | Economy

Mahalaxmi Life Insurance observes its 4th anniversary

  Mahalaxmi Life Insurance observed its 4th anniversary on Magh 27, 2079 where the company is the youngest in the insurance sector has gone through a lot of ups and downs. The company has increased its paid-up capital by 50%, reserve by 60.7%, life insurance fund by 56.4%, investment portfolio by 29.5%, claim settlement by […]

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Union Life Insurance convenes its 5th AGM; endorses 8.97% bonus shares 19
IPO | FPO

Union Life Insurance convenes its 5th AGM; endorses 8.97% bonus shares

Union Life Insurance Company held its 5th Annual General Meeting (AGM) for the fiscal year 2077-78 on Magh 26, 2079, under the leadership of its Board of Directors, Mr. Sandeep Kumar Agrawal. According to the media statement, the AGM approved the financial reports for the previous fiscal year and decided on the remuneration of its […]

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