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Nepal in overall balance deficit of Rs 9.27 arba in Mangsir as a result of decreasing remittance & surging imports; NRB says growth in agriculture key to overall economic growth

2018-01-18 Sijan Bajracharya Rise of industrial capacity utilization, growth in import of raw materials, increase in tourist arrivals and pickup in reconstruction activities after earthquake have indicated that the overall economic activities of the country in the first five months of…

Radhi Bidhut Company IPO allotment concludes; 71,102 applicants allotted with 10 kitta share through lottery

2018-01-17 Nabil Investment Banking Limited, the issue manager for the IPO of Radhi Bidhut Company Limited, has allotted 7,64,550 units IPO shares today. The allotment was held at Nabil Invesment Banking premises in Naxal, Kathmandu at 9:00 AM. Out of 1,64,990…

NEPSE slides by 7.19 points, closes at 1406.52

2018-01-17 Nepal Stock Exchange (NEPSE) has decreased by 7.19 points or 0.51% to close at 1406.52 points. NEPSE had opened at 1413.17 and it had a huge downfall at the start of the day and had reached 1399.70. But at the…

Citizen Mutual Fund public issue collects Rs 1.50 crore from 969 applicants on first day; data not available of NIC Asia Growth Fund

2018-01-17 Citizen Mutual Fund-1 has been floating its public issue of 10 crore unit shares worth Rs 1 arba from Magh 2, 2074. The offer will close on Magh 7, 2074 at the earliest. The maximum closing date for the offer…

Chairman of MS Group Mr Shiva Kumar Agrawal awarded ‘Indra Bhakta Memorial Award’

2018-01-17 Mr Shiva Kumar Agrawal, Chairman of MS Group has been awarded with ‘Indra Bhakta Memorial Award 2074’ by Nepal Chamber of Commerce for his immense contribution in the field of trade and commerce. The award was given on the 67th…

Shares of 24 different companies auctioned by Siddhartha Investment Growth Scheme-1 grabbed by LICN, National Life Insurance & Siddhartha Equity Fund

2018-01-17 Siddhartha Investment Growth Scheme-1 (SIGS1) has successfully concluded the auction of shares of 24 different companies. As per Mr. Dhruba Timilsina, CEO of Siddhartha Capital, “Out of 17 bidders, only 3 bidders grabbed all the shares. Most of the applications…

Cut off price for 45.87 thousand units ordinary shares of Guheshwori Merchant Banking and Finance stood at Rs 166.11; 26 bidders got hold of the shares with the LTP at Rs 165

2018-01-17 Guheshwori Merchant Banking and Finance Limited (GMFIL) had auctioned its 45,876 unit ordinary shares from Poush 13, 2074 till Poush 20, 2074. The bid was opened on Poush 26, 2074 at the premise of NIBL Capital Markets Limited and the…

Boom Remit declares winner of its Boom Remit Bumper Scheme

2018-01-17 Boom Remit has announced the winner forits Boom Remit Bumper Scheme on Magh 2, 2074. Mr. Lal Prashad Bhusal having dispatched the remittance via Global IME Remit Oman has been picked as the winner of 32 inch LED TV. Issuing…

NIC ASIA Bank starts its Viber banking service; range of services through Viber app now

2018-01-17 NIC ASIA Bank Limited (NICA) has brought into operation its Viber banking service for its customers who can now avail different banking services of the Bank through their different devices. One must subscribe the public account of NICASIA Bank through…

Rasuwagadi Hydropower urges to open Demat account for eligible employees of promoter shareholding companies, Employee Provident Fund and lending institution

2018-01-17 Rasuwagadi Hydropower Company Limited has published notice regarding eligible applicants and necessary requirement of Demat account to apply for  1.64 crore units shares. As per the notice published in newspaper today, the hydropower company urges all the eligible applicants to open…

 

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