SIC

Sagarmatha Lumbini Insurance Company (SALICO) Lists 26,226,382 Shares After Merger of SIC and LGIL 11
NEPSE NEWS Business | Market | Economy

Sagarmatha Lumbini Insurance Company (SALICO) Lists 26,226,382 Shares After Merger of SIC and LGIL

Sagarmatha Lumbini Insurance Company Limited (SALICO) has listed 26,226,382 shares on the Nepal Stock Exchange (NEPSE) following a successful merger between Lumbini General Insurance Limited (LGIL) and Sagarmatha Insurance Company Limited (SIC). The merger agreement between SIC and LGIL was signed on 30 Ashad, 2079. The swap ratio for the merger was set at 100:80, […]

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Asian Life Insurance will support the 8.947% dividend. 13
Dividend

Asian Life Insurance will support the 8.947% dividend.

  Asian Life Insurance Company Limited (ALICL) has scheduled its 15th Annual General Meeting for the 18th of Baisakh, 2080. The meeting will begin at 11:30 a.m. that day in Hotel Classic Simara, Bara. Among the other items on the agenda, the AGM will approve an 8.947% dividend of Rs. 26.01 crores for fiscal year […]

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The government's spending exceeds its revenue by Rs 1.56 Kharba. 15
Business | Market | Economy

The government’s spending exceeds its revenue by Rs 1.56 Kharba.

  For the first eight months of the current fiscal year 2079/80, the government’s budget deficit exceeded Rs. 1.56 Kharba. By the end of Falgun, the government had spent 7.79 Kharba of its budget, but had only collected 6.22 Kharba in total revenue. Meanwhile, only 22.15% of capital expenditure (CAPEX) is used until the end […]

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Nepal Telecom - NTC 5G Trial Commences in Nepal 17
Tech & Telecom

Nepal Telecom – NTC 5G Trial Commences in Nepal

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 […]

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Reminder! Last Day to Grab Dividend Proposed by SIC, LGIL and JBBL 19
Dividend

Reminder! Last Day to Grab Dividend Proposed by SIC, LGIL and JBBL

The proposed dividends from Sagarmatha Insurance Company Limited (SIC), Lumbini General Insurance Limited (LGIL), and Jyoti Bikas Bank Limited are only available through today (JBBL).   On Falgun 11, 2079, Sagarmatha Insurance Company Limited (SIC) has scheduled its 26th Annual General Meeting.  Starting at 10 AM, a meeting will take place in Lainchaur Banquet, Lainchaur. Today is the last day to grab dividends proposed by Sagarmatha Insurance Company Limited (SIC), Lumbini General Insurance Limited (LGIL), and Jyoti Bikas Bank Limited (JBBL).  

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