Problem

Today is the last day to apply for a Modification of the Issue of the Day 1
IPO | FPO

Today is the last day to apply for a Modification of the Issue of the Day

Modi Energy Limited is closing the issue of 29,00,000 units of IPO shares to the project-affected locals today i.e. on 16th Chaitra 2079. The problem had begun on the 25th of Falgun, 2079. The company’s issued capital is Rs. 2.9 Arba, of which 10%, or 29,00,000 unit shares worth Rs. 29 crores, have been allocated […]

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Modi Energy IPO closes today for Nepalese working abroad. 3
IPO | FPO

Modi Energy IPO closes today for Nepalese working abroad.

Modi Energy Limited is closing its IPO issue to Nepalese citizens working abroad today, 9th Chaitra, and has extended the IPO issue deadline for project-affected locals until 16th Chaitra, 2079. The problem had begun on the 25th of Falgun, 2079. The company’s issued capital is Rs. 2.9 Arba, of which 10%, or 29,00,000 unit shares […]

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The Mai Khola Hydropower IPO is now closed for Nepalese working abroad and project-affected Ilam District residents. 5
IPO | FPO

The Mai Khola Hydropower IPO is now closed for Nepalese working abroad and project-affected Ilam District residents.

From today, 9th Chaitra, 2079, Mai Khola Hydropower Limited will close the issue of its IPO to Nepalese citizens working abroad and project-affected locals of Ilam District. The problem had begun on the 25th of Falgun, 2079. The company’s issued capital is Rs. 39.21 crores, of which 10%, or 392,157 unit shares worth Rs. 3.92 […]

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Last Day to Apply for Menchhiyam Hydropower's Locals IPO; Issue Closes Today 7
IPO | FPO

Last Day to Apply for Menchhiyam Hydropower’s Locals IPO; Issue Closes Today

Menchhiyam Hydropower Limited has completed the distribution of 5,42,583 units of IPO shares to project-affected locals today, 9th Chaitra, 2079. The problem had begun on the 10th of Falgun, 2079. The company’s issued capital is Rs. 54.25 crores, of which 10%, or 5,42,583 unit shares worth Rs. 5.42 crores, have been allocated to project-affected Sankhuwasabha […]

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Menchhiyam Hydropower IPO closes today for Nepalese working abroad. 9
IPO | FPO

Menchhiyam Hydropower IPO closes today for Nepalese working abroad.

Menchhiyam Hydropower Limited has closed the issue of its initial public offering (IPO) to Nepalese citizens working abroad as of today, the 25th of Falgun, and has extended the IPO issue deadline for project-affected locals until the 9th of Chaitra, 2079. The problem had begun on the 10th of Falgun, 2079. The company’s issued capital […]

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Country's economic indicators are in jeopardy, and 8% economic growth 11
Business | Market | Economy

Country’s economic indicators are in jeopardy, and 8% economic growth

  According to Deputy Prime Minister and Finance Minister Bishnu Prasad Paudel, indicators of the country’s economy are in jeopardy due to negative global economic impacts and challenges stemming from domestic causes. He did, however, state that he is constantly working to resolve the country’s economic problems. He made this statement during today’s House of […]

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Is bitcoin banned in Nepal?
Cryptocurrency in Nepal Work at Home

Is bitcoin banned in Nepal?

Ban of Transaction of Bitcoin and other cryptocurrencies in Nepal. The central bank of Nepal, Nepal Rastra Bank (“NRB”) published a notice pursuant to Nepal Rastra Bank Act 2001 (“NRB Act”) and Foreign Exchange (Regulation) Act 1962 (“FERA”) prohibiting the usage of Bitcoin in Nepal. NRB has not recognized Bitcoins as a valid currency in Nepal. A few highlights on the ban: Laws of Nepal: The […]

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The 4 Potential Problems With Variable Annuities 16
Stock Exchange

The 4 Potential Problems With Variable Annuities

One of the riskiest ventures is investing your money in the stock market. But along with the extreme risk involved, is also has the potential to make you a lot of money. In fact, investing in the stock market can turn out to be one of the most profitable business decisions you’ll ever make if […]

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