Hamro Bikash Bank Approves Bonus and Right share

Published on: 2017-01-15         339 views

January 15: The 8th annual general meeting of Hamro Bikash Bank has approved 25 per cent bonus share. Moreover, the meeting also approved a proposal of issuing 1:2 right shares from the paid-up capital maintained after distribution of bonus share.. . . Read More »


Century Acquires Securities Application Collection Approval

Century Acquires Securities Application Collection Approval
Published on: 2016-12-27         403 views

December 27: Century Commercial Bank has acquired approval for collection of securities application from Securities Board of Nepal (SEBON). Issuing a press statement, the bank informed of starting the function from January. . . Read More »


HIDCL Share Transaction to Start from July 11

HIDCL Share Transaction to Start from July 11
Published on: 2016-07-06         641 views

July 6: The first share transaction of Hydroelectricity Investment and Development Company (HIDCL) will commence from Sunday, July 11. Nepal Stock Exchange (NEPSE) has given price band of Rs 109-328 to for the first share. . . Read More »


Maruti Cement Honours Construction Workers

Maruti Cement Honours Construction Workers
Published on: 2016-05-30         649 views

May 30: Maruti Cement has organised a program to honour the local head workers and contractors of various places of the nation. Entertaining activities were included in the program and participants were handed with attractive gift hampers. In addition, contractors and head workers present in the program were gifted silver coins as the Token of Love. Head workers and contractors from Kathmandu Valley, Charikot, Hetauda and Narayanghat participated in the. . . Read More »


Auction Bidding of Prabhu Bank's Right Shares

Auction Bidding of Prabhu Bank's Right Shares
Published on: 2016-05-29         3523 views

May 29: Prabhu bank has opened auction bidding sale of 157271.60 promoters’ right shares and 184614.40 general right shares that were unsold during the issuance. Earlier, it had issued right shares for its shareholders from February 28 to April. . . Read More »


Indian Terrain Brandstore in Pulchowk

 Indian Terrain Brandstore in Pulchowk
Published on: 2016-05-24         839 views

May 24: Indian Terrain, an Indian men’s wears brand, has opened its exclusive showroom in Labim Mall. “Indian Terrain has now steeped in the international market by opening its first international branch in Nepal,” said Amitabh Suri, Chief Operating Officer of the company. “The international market of Indian Terrain brand has started with this opening of outlet,” he. . . Read More »


Gorkha Brewery Launches Somersby Apple Cider

Gorkha Brewery Launches Somersby Apple Cider
Published on: 2016-05-23         2290 views

May 23: Gorkha Brewery has launched a new refreshing drink ‘Somersby Apple Cider’ amid an event at the Hyatt Regency, Kathmandu on. . . Read More »


VISA’s First Innovation Center in Asia

VISA’s First Innovation Center in Asia
Published on: 2016-05-23         655 views

May 23: Visa Inc. (NYSE: V), the global payments technology has announced the opening of its Singapore innovation. . . Read More »


3rd Kantipur HISSAN Edu-Fair Concluded

Published on: 2016-05-23         633 views

May 23: Third Kantipur HISSAN edu-fair organised in Bhrikutimandap, Kathmandu has concluded on Sunday. The fair was started from Thursday. The organisers informed that the fair was targeted at SLC appeared students and +2. . . Read More »


Bonus Share of Sagarmatha Finance Approved

Bonus Share of Sagarmatha Finance Approved
Published on: 2016-05-23         887 views

May 23: Nepal Rastra Bank has approved 15.85 percent bonus share proposal of Sagarmatha Finance. As per the press release, the bonus share will be distributed to shareholders after the proposal is endorsed by the annual general meeting of the company. The company has collected Rs 3.83 billion in deposits and invested loan of Rs 2.50 billion so far. Similarly, the company has made profit of Rs 110.87 million. Headquartered in Manbhawan, Lalitpur, the company is providing financial services through 10 branches.. . . Read More »


TATA Motors Car Mela in Itahari

TATA Motors Car Mela in Itahari
Published on: 2016-05-23         948 views

May 23: Sipradi Trading Pvt. Ltd., the sole authorized distributor of Tata Motors in Nepal, organised the TATA Motors Car Mela at Ocean Park, Itahari. The event that was organized on 20 and 21 May was visited by more than 2500. . . Read More »


Net Profit of Kanchan Devt Bank Rs 36.6 Million

Net Profit of Kanchan Devt Bank Rs 36.6 Million
Published on: 2016-04-29         697 views

April 29: According to the third quarter financial report of Kanchan Development Bank, the net profit of the bank has increased by 31.28 percent to Rs 36.6 million. The increase in net interest income by 30.9 percent and operating profit by 8 percent has helped to boost the net profit of the bank. After issuing 25 percent bonus share and 4:1 right shares, paid-up capital of the bank has rose by 50 percent to Rs 198. . . Read More »


Nepal Bank to Sell Promoter Share of Nepal Insurance

Nepal Bank to Sell Promoter Share of Nepal Insurance
Published on: 2016-04-28         1489 views

April 28: Nepal Bank has planned of selling promoters’ shares of Nepal Insurance through auction bidding. The bank is selling 1,031,674 unit shares of Nepal Insurance at the minimum price of Rs 400. The bank has appointed Siddhartha Capital as Issue Manager. The bank has informed that interested investor can auction bid for minimum 100 unit shares and maximum 15 percent paid-up capital of the insurance company i.e. 431,410 unit shares. The existing shareholders of Nepal Insurance have to consider the limitation while auction bidding for the shares. The shareholders applying above Rs 1,000,000 needs to include their PAN number compulsorily, while, those shareholders applying up to Rs 1,000,000 can include their PAN number voluntarily. “The minimum. . . Read More »


Extension Counter of Sunrise Bank at Chitwan Medical College

Extension Counter of Sunrise Bank at Chitwan Medical College
Published on: 2016-04-28         938 views

April 28: Sunrise Bank has opened an extension counter and ATM counter at Chitwan Medical College building. Dr Daya Ram Lamsal, Director of Chitwan Medical College and Ratna Raj Bajracharya, Chief Executive Officer of NMB Bank jointly inaugurate the ATM and extension. . . Read More »


Corporate Campaign of NMB Bank

Corporate Campaign of NMB Bank
Published on: 2016-04-28         894 views

April 28: NMB bank has initiated corporate campaign with the slogan “Aatmanirvar Nepal Ko Sath Ma NMB Bank.” The campaign aims to promote positive energy of self-reliant Nepal. According to the roadmap for self-sufficient and economical progress of Nepal, the bank is providing services in agricultural, solar energy, small and medium industry loan, retail and other underprivileged sectors. At present, the bank is serving its customers through 69 branches, 48 ATMs and 7 extension counters.. . . Read More »


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Top-Down Democracy

Top-Down Democracy

By Madan Lamsal

Some people have started trying to stir up a storm in a teacup, claiming that Nepal's democracy is in danger. Sounds quite alarming. But don't worry! Nepal's democracy is not in danger- it's just that its course has . . . read more »