Category/exclusive-news (Total Articles : 2469 )


118th branch expansion of Everest Bank at Toukhel, Lalitpur

118th branch expansion of Everest Bank at Toukhel, Lalitpur

Kathmandu. Everest Bank Limited has inaugurated its 118th branch at Toukhel in Lalitpur. Godavari Municipality Mayor Gajendra Maharjan and Everest Bank Chief Executive Officer Sudesh Khaling jointly inaugurated the Toukhel branch in the program.In the opening ceremony, President of Lalitpur...

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Total life insurance premium increased by 52.09 percent

Total life insurance premium increased by 52.09 percent

Kathmandu. In the last financial year, the total life insurance has increased by 52.09 percent. According to the statistics of the insurance committee, the number of insurance policies increased by 44 lakh 86 thousand 782 from the end of June last year to the end...

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Indian share king', Rakesh Jhunjhunwala  passed away in 62 years

Indian share king', Rakesh Jhunjhunwala passed away in 62 years

Kathmandu. Rakesh Jhunjhunwala, the investor who was nicknamed 'Badshah' in the Indian stock market, has passed away. He passed away at the age of 62 at Breach Candy Hospital in Mumbai this morning. Jhunjhunwala also has shares in private companies like Star Health Insurance, Metro...

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Commercial bank shares cheap in stock market, less than 15 times average PE

Commercial bank shares cheap in stock market, less than 15 times average PE

Kathmandu. The average price earning ratio (PE ratio) of commercial banks is less than 15 times. Based on the earnings per share of the last financial year published by the banks and the price on Thursday, the price earnings ratio of most of the commercial...

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Nepal Life Insurance's net insurance premium increased by 9 percentage

Nepal Life Insurance's net insurance premium increased by 9 percentage

Kathmandu. Nepal Life Insurance (NLIC) has published unrefined financial statements for the fourth quarter of last financial year. According to the details, the insurance has suffered a loss during that period. During that period, insurance has incurred a loss of Rs 35 crore 27 lakh....

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Company Analysis of United Modi Hydropower Limited

Company Analysis of United Modi Hydropower Limited

Kathmandu. The share price of United Modi Hydropower Limited (UMHL) has decreased by Rs 23 10 paise this week. The shares of this company, which last traded at 313 rupees last week, were last traded at 289 rupees 90 paisa this week. According to...

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Riddi shares listed on NEPSE after merger between Riddi and Rairang Hydropower: Opening range is Rs 708 and 60 paisa

Riddi shares listed on NEPSE after merger between Riddi and Rairang Hydropower: Opening range is Rs 708 and 60 paisa

Kathmandu.  Shares of Riddy Power Company Limited (RIDI) are listed on Nepal Stock Exchange (NEPSE). After the merger between Savik's Reddy Hydropower Development Company and Rairang Hydropower Development Company, the remaining shares have been listed in NEPSE.1 crore 10 lakh...

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Why Share trading will be suspended for 15 days ?

Why Share trading will be suspended for 15 days ?

Kathmandu. The Nepal Securities Board has now prepared a draft of the guidelines to stop the share trading of companies going for merger and acquisition for 15 days only.The Securities Board is preparing the draft of Share Trading Guideline 1079...

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15 days suspension of share trading of banks and financial institution for merger acquisition

15 days suspension of share trading of banks and financial institution for merger acquisition

Kathmandu. The Securities Board has published a draft of the guidelines that will suspend the share trading of companies going for mergers and acquisitions for 15 days only. In the guidelines published by the Securities Board, it is mentioned that share trading will be opened...

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1000 employees Promotion List out  in Prabhu Bank

1000 employees Promotion List out in Prabhu Bank

Kathmandu. Prabhu Bank has promoted 1000 employees. 1000 employees including Dinesh Thakali and Renuprasad Pandey have been promoted to higher management i.e. executive level. Thakali, who was previously Assistant General Manager, has been promoted one level and made Deputy General Manager. Similarly, Renu Pandey, who...

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The financial status of Nepal Investment Bank and Himalayan Bank : Dividend capacity of Himalayan Bank is 20.52 percent and  Investment Bank is 11.13 percent

The financial status of Nepal Investment Bank and Himalayan Bank : Dividend capacity of Himalayan Bank is 20.52 percent and Investment Bank is 11.13 percent

Kathmandu. The annual general meeting of Himalayan Bank decided not to go for the merger and the merger process was delayed. After the merger, both banks are looking for new partners. Nepal Investment Bank is in the process of merger with Mega Bank, while Himalayan...

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NIC Asia Bank became the first commercial Bank position in Nepal

NIC Asia Bank became the first commercial Bank position in Nepal

Kathmandu. NIC Asia Bank has maintained its ability to provide high returns as in the previous year. Among the commercial banks, NIC has been able to give the highest return of 21.94 percent. This is seen in the data provided by the Nepal Bankers Association...

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Prime Bank, Investment Bank and Nabil Banks are distributed highest bonus to their Employees

Prime Bank, Investment Bank and Nabil Banks are distributed highest bonus to their Employees

Kathmandu. Prime Commercial has come forward in the commercial bank which distributed the most bonus from the profit of the last financial year 2078/79. This bank, which gives an average salary to its employees, has been seen as a bank that gives high bonuses for...

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5 people died from Corona with in one day  in Nepal

5 people died from Corona with in one day in Nepal

Kathmandu. As the spread of Corona virus increases, the number of deaths has also started to increase. In the last 24 hours, 5 people have died due to corona infection. Similarly, corona infection has been confirmed in another 815 people. According to the Ministry of...

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3 Hydropower Company are loss their annual financial statements 2078/79

3 Hydropower Company are loss their annual financial statements 2078/79

Kathmandu. Seven hydropower companies have released their annual financial statements for the financial year 2078/79. Sanima My Hydropower, Mountain Energy Nepal, National Hydropower, Panchthar Power, Ankhukhola Hydropower Project, Himal Dolakha Hydropower and Divyaswari Hydropower are among those who have published the details.

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