Wed, Nov 20, 2019
Government owned Rastriya Beema Sansthan has maintained life insurance fund of Rs 24.39 billion in the first quarter of the current FY. The fund increased by Rs 8.17 billion compared to Rs 16.21 billion of the corresponding period of the last FY.
The Upper Trishuli 3 'A' Hydroelectricity Project has come online after a decade, after its formal inauguration yesterday.
Nepal Bank (NBL) has announced the first dividend of the last FY in the last 23 years. The board of directors meeting of the company held on November 17 decided to propose 25 percent dividend to its shareholders.
Nepal Stock Exchange (NEPSE) has adjusted stock price of Chilime Hydropower and Gurans Laghubitta on November 13 following their book close for upcoming AGMs.
Sahara BIkas Bank (SHBL) has been able to increase profit through controlling expenses. In the first quarter of the current FY, the company earned Rs 2.4 million in net profit which was in net loss of Rs 148,000 of the corresponding period of the last FY.
Ganapati Microfinance has called out 3rd AGM on December 20. The 61st board of directors meeting of the company held on November 15 decided to call the AGM in Jungle Park Resort, Shukla GAndaki, Tanahun, at 3:00 PM.
The government is proactive for the proper management of tax system without spoiling business environment. The government said that a system was in the offing by which tax payment will be possible from a mobile phone.
IME General Insurance (IGI) has earned a net profit of Rs 27.4 million in the first quarter of the current FY compared to Rs 26.1 million of the corresponding period of the last FY.
United Insurance (UIC) has increased its net insurance premium by 8.68 percent to Rs 84.9 million in the first quarter of the current FY compared to Rs 78.1 million of the corresponding period of the last FY.
Rairang Hydropower (RRHP) has earned a net profit of Rs 7.9 million in the first quarter of the current FY. The net profit increased by 569.18 percent compared to Rs 1.1 million of the review period of the last FY.
Along with the list of margin tradable securities of Nepalese secondary market, Nepal Stock Exchange (NEPSE) has also unveiled the name of 21 broker companies that are eligible to provide the margin trading services.
Kumar Panta has been elected the President of Non-Resident Nepali Association (NRNA) in the election held in course of the 9th NRN Global Conference and NRNA International General Assembly.
Google has become the latest tech giant to announce a new financial product for users - this time, current accounts.
Facebook is introducing new branding for its products and services in an attempt to distinguish the company from its familiar app and website.
Shikhar Insurance (SICL) has increased its net profit by 14.85 percent to Rs 121.4 million in the first quarter of the current FY compared to Rs 105.7 million of the corresponding period of the last FY.