Posted inBusiness | Market | Economy
Nepal Investment Mega Bank to issue Rs 4 arba worth Debenture with 10% interest rate
Nepal Investment Mega Bank has decided to issue debentures worth Rs. 4 arba, and they…
Posted inBusiness | Market | Economy
GBLBS Reports Net Profit of Rs. 5.9 Crores in Q3 of FY 2079/2080 with Decreased Net Interest Income and Non-Performing Loans
Grameen Bikas Laghubitta Bittiya Sanstha Limited (GBLBS) has reported a net profit of Rs.…
Posted inBusiness | Market | Economy
IGI and PICL Complete Merger, Forming IGI Prudential Insurance Limited with Total Paid-Up Capital of Rs. 3.02 Arba
The merger between IME General Insurance Limited (IGI) and Prudential Insurance Company Limited (PICL) has…
Posted inBusiness | Market | Economy
Sanima Mai Hydropower reports 20.40% decline in net profit in Q3 of FY 2079/80
Sanima Mai Hydropower Company Limited (SHPC) has reported a decline in net profit by 20.40%…
Posted inBusiness | Market | Economy
SEBON issues Letters of Intent to 13 new broker companies who submitted license applications.
The Securities Board of Nepal (SEBON) has initiated the process of granting new licenses for…
Posted inBusiness | Market | Economy
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…
Posted inBusiness | Market | Economy IPO | FPO
Citizens Capital Limited Closes “Citizens Super 30 Mutual Fund” Issue to General Public
Citizens Capital Limited has announced the closure of its mutual fund scheme, "Citizens Super 30…
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Chilime Hydropower Company Limited reports a slight increase in net profit in Q3
Chilime Hydropower Company Limited (CHCL) has released its third-quarter unaudited report, showing a 1.34% increase…
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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…
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Allotment of 12 Crore Units of Siddhartha Investment Growth Scheme 3 Concludes; Only 67.15% Units Subscribed
Siddhartha Capital Limited recently concluded the issuance of its closed-end mutual fund scheme, "Siddhartha Investment…
Posted inDividend Business | Market | Economy
“National Hydro Power reports Q3 net loss of Rs. 2.29 Crores due to increased interest expenses; announces plans to issue 50% right shares”
In the third quarter (Q3) of the current fiscal year 2079/80, National Hydro Power Company…
Posted inBusiness | Market | Economy
NMB Laghubitta convenes endorses 10% bonus shares for its shareholders
NMB Laghubitta has held its 10th Annual General Meeting (AGM) on April 28, 2023, chaired…