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 […]
Ridi Power Company Limited (RIDI) reported a 95.81% decrease in net profit in the second quarter (Q2) of the current fiscal year 2079/80. Profit declined to Rs. 1.96 crores in this quarter from Rs. 46.98 crores in the previous year’s equivalent quarter. In this quarter, the firm recorded total income of Rs. 18.92 crores, a
Visiting Administrator of the United States Agency for International Development (USAID), Samantha Power, met with Finance Minister Bishnu Prasad Paudel at the latter’s office in Singha Durbar today. The meeting touched on an array of subjects including the bilateral relations between Nepal and the US, it has been said. On the occasion, Minister Paudel said
Tomorrow morning, or on Magh 27, 2079, Shuvam Power Limited’s (SHUVAM) initial public offering (IPO) will take place. On the property of the issue manager, Muktinath Capital Limited, in Naxal, the allotment program will take place. From the 18th Magh to the 22nd Magh, the company distributed 481,882 units of shares with a face value
From the 1st through the 15th of Falgun, 2079, Best Finance Company Limited (BFC) will auction 58,429.90 units of ordinary shares and 556,674.57 units of promoter shares. A total of 615,104.47 unit shares will be auctioned, including 58,429.90 ordinary shares and 556,674.57 promoter shares.Previously, from Bhadra 27 to Kartik 14, 2074, the corporation issued 1:1.3
Mahila Laghubitta Bittiya Sanstha Limited (MLBSL) has scheduled its 5th Annual General Meeting on 21st Falgun, 2079. The conference will begin at 11 a.m. that day at the Agantuk Resort in Dhulikhel. Among the other items on the agenda, the AGM will approve a 50% dividend of Rs. 7.37 crores for fiscal year 2078/79. On
Today is the last day to take advantage of Guheswori Merchant Banking & Finance Limited’s proposed 6.84% dividend (GMFIL). The company has scheduled its 21st Annual General Meeting for March 27th, 2079. The meeting will begin at 10 a.m. that day at the company’s headquarters in Harihar Bhavan, Lalitpur.
Purwanchal Lube Oil (PLO) plans to issue 500,000 equity shares to the general public through an initial public offering (IPO), with Prabhu Capital Limited serving as the share issue and sales manager. On Magh 18, 2079, the two parties’ contract was completed. The agreement was signed by Mr. Bholeshwar Dulal, Managing Director of Purwanchal Lube
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
Have you decided to invest in the stock market? Consider these 7 stock market investing tips when making your investments. 1. Have a solid comprehension of basic economic principals. Before you get started, you should understand basic principals and laws of economics. The stock market closely follows the law of supply and demand. For example, when
Before we get into how to become an investor in Nepal, it’s important to understand who an investor is. An investor is someone who puts money into something with the hope of profiting in the future. A return is the benefit derived from such an investment. Investors are always on the lookout for high-yielding investment
So far, cryptocurrencies are illegal in a few countries, whereas the rest of the world either sees it as fitting to utilise these ‘monies’, or keeps them in a grey area of financial law. Similarly, though most countries in the world do not criminalise cryptocurrencies, they have yet to define their usage as monies or
Alright, so you’ve decided you want to take a shot at buying and trading stocks. The only problem is, you really don’t know how. Where should you begin? And do you even know what a stock is and the significance of stock for companies? This article will serve as a dummies guide for trading and buying stock.
The covid19 pandemic is not only putting millions of people’s lives in peril, but it is also devastating the global economy. Our government has proclaimed general vacations and imposed a travel ban on the general public in order to combat the spread of Coronavirus. Nobody knows how long it will take for things to return
What is NEPSE Index? Nepal stock exchange at the end of the day publishes the transaction index which is called the NepSe index. In simple language, the base market capitalization is used to calculate the Nepse index. The base market capitalization is February 12, 1994. In this day, share transaction was held for the first
