Mon, May 20, 2019
Swabhiman Laghubitta Bittiya Sanstha has allotted IPO in the premises of its issue manager, Siddhartha Capital on May 19.
Today is the last day to apply for 'Nabil Balance Fund-2' promoted by Nabil Investment Banking, a subsidiary company of Nabil Bank (NABIL). The company started issuing mutual fund unit 'Nabil Balance Fund-2' worth Rs 1.20 billion from April 18 for the public.
Infinity Microfinance Bittiya Sanstha (INFINITY) is issuing IPO from May 27. The company is issuing 32.50 percent of issued capital to the general public. The issue will close on May 30.
In a bid to expand the capital market across the nation, Securities Board of Nepal (SEBON) decided to distribute brokerage license to commercial banks. Under the mechanism, the commercial banks can carry out stock brokerage services through their subsidiary companies.
Today is the last day to bid for auctioned shares of Unnati Microfinance (UMB). The company is auctioning 8,895 units of unsold right shares that went unsold during its issuance.
Nepal Bangladesh Bank (NBB)is set to issue 2 million units of 'NBB Debenture2085/86' at a price of Rs 1000 amounting to Rs 2 billion on May 24.
Nepal Electricity Authority's Tanahun Transmission Centre has recovered outstanding dues of Rs 12.3 million in nine months of the current fiscal year.
Insurance Companies can now meet the minimum paid-up capital requirement without issuing bonus or right shares.
Premier Insurance (PIC) has increased its net profit by 12.57 percent to Rs 150.3 million in the third quarter of the current FY compared to Rs 133.5 million of the corresponding period of the last FY.
Arun Valley Hydropower (AHPC) has increased its net profit by 74.51 percent to Rs 41.7 million compared to Rs 23.9 million of the corresponding period of the last FY.
Bimala KC, spokesperson of Karnali State government and Minister for Land Management, Agriculture and Cooperative, urged the banks to spur their investments in organic farming in Karnali.
The existence of the Barun River carrying historical religious importance is likely to face threats with the construction of energy project here.
NIC ASIA Capital has launched “One Nepali, One Demat Account” campaign on the occasion of the New Year 2076.
Uber has set a price for floating its shares on the New York Stock Exchange, in what is expected to be one of the biggest stock market flotations of the year.
Amazon has posted a fourth successive quarter of record profit.
The online retailer and cloud computing provider said net profit more than doubled to $3.56bn (£2.76bn), beating analyst estimates.