Posted inBusiness | Market | Economy
NICA Promoters Auction 500,000 Shares to General Public and Institutions
The current promoters of NIC Asia Bank Limited (NICA) have initiated an auction process for…
Posted inBusiness | Market | Economy
Securities Board Approves Citizens Bank’s 10% Bond Offering for 2080
The Securities Board of Nepal has granted approval to Citizens Bank International Limited's '10% Citizens…
Posted inBusiness | Market | Economy
NRB Governor Discusses Power Export and Hydropower Sector Development with IPPAN
Maha Prasad Adhikari, the Governor of the Nepal Rastra Bank (NRB), has emphasized that Nepal's…
Posted inBusiness | Market | Economy
Himalayan Laghubitta Bittiya Sanstha (HLBSL) Alters Ownership Structure with Conversion of Promoter Shares to Public Shares
A significant development has occurred with Himalayan Laghubitta Bittiya Sanstha Limited (HLBSL), where 287,836 units…
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Himalayan Capital Allots ‘Himalayan 80-20’ Mutual Fund Scheme
Himalayan Capital Limited, the issue manager for the "Himalayan 80-20" MF scheme's IPO, has announced…
Posted inBusiness | Market | Economy Dividend
“Deadline Extended for 1:0.50 Rights Offering by Synergy Power Development”
Synergy Power Development Limited (SPDL) has decided to extend the deadline for its rights offering.…
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“Government Permits 60% of Local-Level Funds as Bank Deposits”
The government is planning to allow 60 percent of the funds accumulated at the…
Posted inBusiness | Market | Economy
“Advanced Automobiles Partners with Sanima Bank for Affordable Renault Vehicle Loans”
Advanced Automobiles, the official distributor of Renault in Nepal, has entered into an auto loan…
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“Nepal Life Insurance Partners with Red Cross for Dudhkunda Health Camp”
Nepal Life Insurance, in collaboration with the Nepal Red Cross Society, conducted a free primary…
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“ICRA Nepal Gives Unitech Hydropower B+ Issuer Rating Signaling High Default Risk”
ICRA Nepal Limited has given Unitech Hydropower Company Limited an issuer rating of…
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“Last Two Days to Apply for Api Power Company’s 1:0.40 Right Shares”
The rights issue began on the 31st of Shrawan and is set to conclude…
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“NMB Bank Offers Rs 100 Cashback on Debit Card Transactions”
Customers can earn a cashback of NPR 100 when they choose to make swift…
Posted inBusiness | Market | Economy
“Nepal Airlines Adds Bangalore Route via Kathmandu”
Nepal Airlines, the country's flag carrier, is planning to launch flights to Bangalore, India,…
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“Himalayan 80-20 Mutual Fund Scheme Receives Strong Demand”
Himalayan Capital's mutual fund scheme, Himalayan 80-20, has witnessed significant demand, with applications exceeding…
Posted inBusiness | Market | Economy
“ICRA Nepal Rates SY Panel Nepal with BB Issuer Rating, Signifying Moderate Default Risk”
ICRA Nepal Limited has assigned a credit rating of [ICRANP-IR] BB (pronounced as ICRA NP…