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Government Sets Minimum Purchase Price for Sugarcane to Boost Farmer Compensation 7
Business | Market | Economy

Government Sets Minimum Purchase Price for Sugarcane to Boost Farmer Compensation

During a recent Cabinet meeting held at Singhadurbar, the government made a significant decision to establish the minimum purchase price for sugarcane at Rs 635 per quintal. The official announcement of this decision was made by government spokesperson Rekha Sharma. As per the newly implemented regulation, sugarcane mills are now required to directly pay Rs

"HDHPC's Auction Sets Cut-off Rate at Rs. 120" 9
Business | Market | Economy

“HDHPC’s Auction Sets Cut-off Rate at Rs. 120”

  On August 20, 2023, Himal Dolakha Hydropower Company Limited (HDHPC) initiated the bidding process for 15,77,211 units of its regular shares available for the public. These shares were part of the remaining portion from their rights offering. Initially, the company had offered a 1:0.75 ratio right share opportunity to its eligible shareholders between 22nd

SEBON Achieves Record IPO Issuance of 22 Billion in FY 2079/80; Listed Companies Reach 81.61 Arba Market Cap. 11
IPO | FPO

SEBON Achieves Record IPO Issuance of 22 Billion in FY 2079/80; Listed Companies Reach 81.61 Arba Market Cap.

In the financial year 2079/80, the Securities Board of Nepal (SEBON) achieved a remarkable milestone by approving initial public offerings (IPOs) worth over 22 billion rupees. This surpasses the previous record set in the financial year 2077/78, when SEBON allowed IPOs worth 15 billion 18 crores. Chairman Ramesh Hamal led the effort, breaking the previous

Prabhu Smart Fund Offers 255% Dividend Yield in 10 Years 23
Dividend

Prabhu Smart Fund Offers 255% Dividend Yield in 10 Years

The second plan of the Prabhu Capital Collective Investment Fund is now available for issue and sale as of 18 Falgun 2079. This fund issued 8 crore units worth Rs 80 crore at a fixed price of Rs 10 per unit. Prabhu Bank Ltd is the fund promoter of this plan, while Prabhu Capital Limited

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