Tag: Trust

  • “Last Day to Claim Dividend: Citizen Investment Trust (CIT) Announces 26.3158% Dividend for Shareholders at 28th AGM”

    “Last Day to Claim Dividend: Citizen Investment Trust (CIT) Announces 26.3158% Dividend for Shareholders at 28th AGM”


    Citizen Investment Trust (CIT) has announced that today is the final day for shareholders to claim the proposed dividend.

    The company has scheduled its 28th Annual General Meeting (AGM) for the 31st of Ashad, 2080. The meeting will take place at the company’s head office in New Baneshwor, Kathmandu, commencing at 3 pm.

    Among the various agenda items, the AGM will approve a dividend of 26.3158% for the fiscal year 2078/79. This decision was made during a board of directors meeting on Baisakh 29. The proposed dividend includes 25% bonus shares and 1.3158% cash dividend (for tax purposes). The current paid-up capital of CIT is Rs 4,251,000,576. Additionally, the AGM will also involve the election of a director and the appointment of a representative to sign the decision book on behalf of the shareholders and directors.

    The book closure date for dividend entitlement is Ashad 19. Shareholders who hold shares until today are eligible to receive the dividend and can also participate in the AGM.

  • Citizen Investment Trust’s Proposal: A 26.3158% Dividend for the Fiscal Year 2078/79

    Citizen Investment Trust’s Proposal: A 26.3158% Dividend for the Fiscal Year 2078/79


    Citizen Investment Trust (CIT) has put forward a proposal to distribute a 26.3158% dividend for the fiscal year 2078/79. The decision was made during a board of directors meeting held on Baisakh 29. The proposed dividend consists of a 25% bonus shares allocation and a 1.3158% cash dividend (for tax purposes). The current paid-up capital of CIT stands at Rs 4,251,000,576.

    It is important to note that the dividend proposal is subject to approval from the Ministry of Finance, Nepal Government, and the upcoming Annual General Meeting (AGM).

    As of the latest trading day, CIT’s closing price stands at Rs. 2,011.

  • Citizen Investment Trust reports 26.15% increase in net profit for Q3 FY 2079/80

    Citizen Investment Trust reports 26.15% increase in net profit for Q3 FY 2079/80


    Citizen Investment Trust (CIT) has released its unaudited report for the third quarter of the fiscal year 2079-2080, showing a significant increase in net profit. The company recorded a net profit of Rs. 77.79 crores, marking a 26.15% increase from the corresponding quarter of the previous year.

    During this quarter, CIT made investments amounting to Rs. 2.12 Kharba, which is a 13.02% increase compared to the relevant quarter of the previous year. According to the report published by the company, the paid-up capital currently stands at Rs. 4.25 Arba. However, the share premium of the company decreased by 77.56% and now stands at Rs. 28.38 crores.

    The earnings per share (EPS) for CIT during this quarter was Rs. 24.40 on an annualized basis. Additionally, the company reported a Return on Investment (ROI) of 9.67% and a price-to-earnings (P/E) ratio of 85.65 times for the third quarter of FY 2079/80. Overall, this unaudited report suggests that CIT has performed well in this quarter, with notable growth in net profit and investments.

  • ISP Toll-Free Numbers in Nepal

    ISP Toll-Free Numbers in Nepal


    The Nepal Telecommunications Authority (NTA) has made toll-free numbers mandatory for Internet Service Providers (ISPs) in Nepal. This means that, sooner or later, every ISP will need their own toll-free number. To summarize, toll free numbers are phone numbers that can be used to contact Nepal’s Internet Service Providers for free.

    ISPs must hold toll-free numbers for efficient customer care, assistance, and internet supply maintenance, according to NTA guidelines. Furthermore, toll-free numbers can boost not only internet access but also customer service. Furthermore, with toll-free numbers, consumers would be able to openly and conveniently express their dissatisfactions, suggestions, and questions.

    We’ve compiled a list of toll-free numbers for some of Nepal’s most popular Internet service providers.

    ISPs Toll free numbers
    Nepal Doorsanchar Company Ltd. | Nepal Telecom 1498, 198
    Worldlink Communications Ltd. 166001-55050
    Subisu Cablenet Pvt. Ltd. 166001-59999
    Classic Tech Pvt. Ltd. 16600150999
    Vianet Communication Pvt. Ltd. 16600188444

    Nepal Doorsanchar Company Ltd. | Nepal Telecom Toll-free Number

    Nepal Doorsanchar Company Ltd., widely known as NTC or Nepal Telecom, is the prestigious telecommunication service provider in Nepal. Along with telecom, the company is also a famous internet service provider. It’s contact details are:

    • NTC Toll-free number: 1498, 198
    • Head office: 977-1-4210106, Kathmandu
    • Email: ntc.cco@ntc.net.np

    Worldlink Communications Ltd. Toll-free number

    Worldlink is one of the renowned and largest internet and network service providers in Nepal. The company has been providing quality internet services. In addition to this, its services are ever-improving. But things aren’t perfect forever, that’s when the need to contact them comes in. Their contact details are:

    • Worldlink Toll-free number:166001-55050(NTC)
    • Head office: 977-9801523050 (Ncell) & 977-01-5970050 (NTC), Jawalakhel, Lalitpur
    • Email: info@worldlink.com.np

    Subisu Cablenet Pvt. Ltd. Toll free number

    Subisu is another prestigious ISP in Nepal. Initially, the company served as a cable & fiber internet and Digital TV service provider. With this been said, Subisu becomes a multi-tasker. To contact Subisu:

    • Subisu Toll free number:166001-59999
    • Head office: 01-4429616, Baluwatar, Kathmandu
    • Email: info@subisu.net.np

    Classic Tech Pvt. Ltd. Toll-free Number

    Classic Tech is another competitive internet and network service provider in Nepal. Moreover, it is a licensed company to provide trustworthy customer service to its users. It’s contact details are:

    • Classic Tech Toll-free number: 16600150999
    • Head office: 9801006633, New Baneshwor, Kathmandu
    • Email: info@classic.com.np

    Vianet Communication Pvt. Ltd. Toll-free number

    Vianet is one of the leading internet and TV service providers in Nepal. Since very long, the company has been serving people with high end internet service. And even today, you’ll find people appreciating it’s internet quality and speed. To contact them:

    • Vianet Toll free number: 16600188444
    • Head office: 01-5970444, Jawalakhel, Lalitpur
    • Email: support@vianet.com.np

    Additionally, the list of other ISPs with their toll free numbers are as follows:

    Other ISPs Toll free numbers
    Broad Band Nepal Pvt. Ltd. 166071-52004 (For NTC users)
    Techminds Networks Pvt. Ltd. 16605651222 (For NT Users), 9801575666 (For Ncell Users)
    East Link Technology Pvt. Ltd. 166001-95985
    Sky Broadband Pvt. Ltd. 166001-58887
    Himalayan Online Services Pvt. Ltd. 16600149520
    Arrow Net Pvt. Ltd. 16600142222
    Metrolink Business Group Pvt. Ltd. 16607156222
    Big Marshyangdi Net Pvt. Ltd. 9801565666
    Prabhu Digital Ltd. 16600178999,
    980157199
    Mercantile Communication Pvt. Ltd. 16600100822
    Super Eight Network Pvt. Ltd. 9801575750
    Infonet Communication Pvt. Ltd. 1660774002
    Unified Communication Pvt. Ltd. 16602358666
    Broadlink Communication Pvt. Ltd. 9801571235
    TechMinds Network Pvt. Ltd. 16605651222,
    9801575666
    Ultra Net Communication Pvt. Ltd. 16601166729
    Web Network Pvt. Ltd 16607156555
    First Link Communications Pvt. Ltd. 16602358555
    Everest Wireless Network Pvt. Ltd. 9801571005 ( For NCELL users), 16608352003
    Simpal Media Network Pvt. Ltd. (SIMTV ) 9801544000
    Mahakali Digital Network Pvt. Ltd. 1660017899 (For NTC users),
    9801571999 (For NCELL users)
    Shangrila Informatics Pvt. Ltd. 16600102725
    Sustainable Networks Pvt. Ltd. 16600119335
    Loop Networks Pvt. Ltd. 9801571570
    Kriti Darshan Media Pvt. Ltd. 16602558558
    Dish Home Pvt. Ltd. 16600122000
    Super Sitapaila Net.Pvt. Ltd. 16600162222
    Web Surfer Nepal Communications System Pvt. Ltd. 16600170222
    Lumbini Max Digital Cable Net Pvt. Ltd. 16607156333
    Meta Link Pvt. Ltd. 16600194541
    Acme Technical Institute Pvt. Ltd. 16607852010
    WiFi HD Nepal Pvt. Ltd. 9801567779
    VNS Technology Pvt. Ltd. 16604152980
    Zishan Networks Pvt. Ltd. 16605552786
    Interweb Network Pvt. Ltd. 16606156900
    City Net Pvt. Ltd. 16600193330
    K.C.N. Net Pvt. Ltd. 16600115000
    Net Max Technologies Pvt. Ltd. 16600156666
    Cherry World Communication Pvt. Ltd. 9801571266
    Waling Internet Pvt. Ltd. 16606342003
    Max Net Solution Pvt. Ltd. 9801574040
    Prime Network Pvt. Ltd. 16605651245
    Limpid ICT Solution Pvt. Ltd. 16600164186
    Regmi Media INC. Pvt. Ltd. 16607152001
    Rapid Unique Network Pvt. Ltd. 16606552002
    Infocom Pvt. Ltd. 16600185000
    Simrik Internet Pvt. Ltd. 16606156780
    Smart Link Network Pvt. Ltd. 16600100108
    LNT Infotech Pvt. Ltd. 16606152020
    Next Geekers Pvt. Ltd. 16600180444
    Life Net Pvt. Ltd. 16608352007,
    9801571888
    Neo Link Pvt. Ltd. 16608852305
    Bihunkot Internet Pvt. Ltd. 16606852009
    Nepalink Communication Pvt. Ltd. 9801571100
    I zone Pvt. Ltd. 16602142001
    Pathibhara Network Pvt. Ltd. 9801575959
    Surkhet cable Net T.V. Pvt. Ltd. 16608352008
    Syangia Media Pvt. Ltd. 16606342008
    Wifi Tech Nepal Pvt. Ltd. 9801859000, 9801859004
    Broadband solutions Pvt. Ltd. 16605651555
    Access world Tech Pvt. Ltd. 16600151065
    Smart Telecom Pvt. Ltd. 4242/14242
    IBSS Nepal Pvt. Ltd. 16600181078
    World Fiber Net Pvt. Ltd. 16600107555
    Dolfin Net Communication Pvt. Ltd. 9801574100
    Pals Network Pvt. Ltd. 16607152002
    Fiber world communication Pvt. Ltd. 9801571720, 16607852003
    Mithila Digital Nepal Pvt. Ltd. 16600116999
    Clean Network Pvt. Ltd. 16603352002

     

  • How to learn any skills faster in six steps

    How to learn any skills faster in six steps


    Practice makes perfect when it comes to skills.

    G. I. Joe Fallacy: the idea that knowing is half the battle. It needs to be retired not just from our theories of how the mind works, but also from our practices of trying to shape minds to work better.

    Laurie Santos and Tamar Gendler

    As a consequence, if you want to achieve an objective, lectures alone will not suffice. You want to be more prepared. Lectures can only help you learn more. It will not provide you with the tools you need to improve your job performance.

    Set (realistic) goals!

    Your objectives should be SMART (Specific, Measurable, Achievable, Relevant and Time-bound).

    You can also use the WOOP technique (wish, result, challenge, plan) to set goals and achieve them more quickly.

    In his book Originals, Wharton Organizational Psychology Professor Adam Grant suggests that the greatest input comes from fellow creators, not from the audience or managers.

    We could all rely more on peer feedback and do a better job saying, “When I’ve got a new idea, I’m not necessarily going to trust my own judgment. But I’m not always going to trust … middle managers who tend to be the most risk-averse and most conservative. I’m going to go to people who are fellow creators.”

    Adam Grant

    Deliberate practice to learn any skill faster!

    Regular practice may be mindless repetitions, whereas deliberate practice requires focused attention and is done with the explicit goal of increasing performance.

    Benjamin Franklin’s father chastised him for his poor writing skills when he was a teenager. Franklin made a pledge to himself to improve his prose. He began by reading works by some of the most popular authors of the time. He then rewrote each essay in his own words before comparing it to the original.

    World-class violinists only train for 90 minutes a day, but those 90 minutes are spent focusing on areas where they are weak or need to develop. They don’t practice what is easy for them. It’s pointless to do so. Deliberate practice, on the other hand, forces one to step outside of their comfort zone. You’re still focusing on what you need to work on, and once you’ve accomplished it, you move on to more challenging skills. It’s like turning your life into a game.

    Choose the mindset required!

    Carol Dweck coined the terms “fixed mentality” and “development mindset” to describe people’s beliefs about learning and intellect. Students who believe they can boost their intellect understand that perseverance pays off. As a result, they put forward more effort and commitment, resulting in increased results.

    We can change someone’s perspective from fixed to development, according to studies. They become more inspired and do more as we do so. The study of brain plasticity has shown how neuronal communication changes over time. With practice, neural networks form new associations and strengthen old ones.

  • What Stock Market Basics Do You Need To Know?

    What Stock Market Basics Do You Need To Know?


    To succeed in the business of stocks, learning the stock market basics of the trade is essential. The stock market is a complicated game and knowledge is power when it comes to financial freedom.

    The decisions you make can yield unlimited earnings or completely break your budget. While there is some level of gambling involved in the stock market, an educated trader will ultimately achieve success.

    Prior to risking your hard-earned cash on the stock market, you need to recognize certain vital factors when deciding which company to invest in.

    Consider these stock market basics to learn more about the company you want to buy into:

    Check Out A Company’s Revenue

    What is the actual amount of money the company makes? This total amount is referred to as revenue. While young companies in their early stages of development may not have much revenue to offer, other companies who have been in the market for a long time may use their revenues to cover costs and losses.

    A Company’s Earnings Make A Difference

    How much money does the company make? This amount of money is called a company’s earnings. Beside revenues, earnings may be used to cover expenses. Earnings are the extra money taken in by a company. Because investors investigate the earnings made by a company they want to purchase stocks on, the companies with large earnings have a distinct advantage in the stock market.

    A Company In Debt Is A Bad Sign

    How much money does the company owe? Debt is the money owed by a company, which can be represented in many different ways. When a company is in debt, the money they have will be used to pay up the debit. It is risky to purchase stock from companies in debt because the company is unstable which could result in them declaring bankruptcy.

    A Company Should Own Property

    What does the company own? The assets owned by a company, including business, money and stocks, are referred to as property. When you are aware of a company’s assets, you can better ascertain their position in the industry. When companies have significant properties under their ownership, it is safer to trust their background. Often people will immediately buy stocks from companies holding a major amount of assets because they are more secure.

    A Company Should Show Financial Responsibility

    How much does the company have to pay out and what are their total financial obligations? Each company has different financial obligations. When a company has few financial obligations, they are in less danger of getting into debt. Examine the liabilities versus the assets of a company to determine their financial responsibility. A company should have higher assets than financial obligations.

    Gambling your money on a company you know nothing about is an unsafe and unwise decision. By simply reviewing the company’s background, you have all the stock market basics right at your fingertips.

    To make sure your money is in the right hands, do your research about the companies you want to invest in.