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Three hydropower companies’ IPO bids have been approved by Sebon

Nepal's Securities Board has the initial public offerings (IPOs) of three hydropower companies. Nyadi Hydropower Limited will issue 40.50 lakh shares in an initial public offering (IPO). Citizen Investment Trust has been selected as the underwriter for the IPO...

The NIBL Sahabhagita Fund declares a 50% dividend.

The dividend has been proposed to the unitholders of the NIBL Sahabhagita Fund. The dividend is paid out of the profit for fiscal year 2077/78. The mutual fund scheme has declared a 50% cash dividend. The dividend decision was taken...

Deprosc Laghubitta Posts Rs 71.37 Crores Net Profit In FY 2077/78 (Q4 Report)

In fiscal year 2077/78, Deprosc Laghubitta Bittiya Sanstha Limited (DDBL) reported a net profit of Rs 71.37 crores. According to the unaudited quarterly (Q4) report, the net profit has increased by about 160 percent. Deprosc Laghubitta made...

RMDC Laghubitta Reports Decline In Profit In FY 2077/78 [Q4 Report]

The unaudited fourth-quarterly (Q4) report of RMDC Laghubitta Bittiya Sanstha Limited for fiscal year 2077/78 has been published. The unaudited data reveals an 18% decrease in net profit compared to the same quarter last year. In fiscal year 2077/78,...

The NIBL Pragati Fund (NIBLPF) will pay a 50% dividend.

The dividend has been offered to NIBL Pragati Fund (NIBLPF) unitholders. The dividend is paid out of the profit for fiscal year 2077/78. The NIBL Pragati Fund has issued a cash dividend of 50% worth Rs 37.50 crores. The dividend...

Samata Gharelu Laghubitta Posts Rs 10.83 Crores In Profit (Q4 Report)

Samata Gharelu Laghubitta Bittiya Sanstha Limited (SMATA) reported a 111 percent increase in net profit in fiscal year 2077/78. According to the unaudited report, the microfinance company earned Rs 10.83 crores in net profit, up from Rs 5.13 crores...

Banks’ ROE has fallen to 13.54 percent.

Because of the Corona pandemic, commercial banks' return on equity (ROE) has decreased. The return on investment received by the shareholder is referred to as ROE. Because of the unfavourable business environment in the Corona pandemic, ROE has decreased....

Garima Bikas Bank Will Float A Rs 1 Arba Debenture

The debenture titled ‘8.75 percent, 7 years, Garima Debenture 2085' is now being issued by Garima Bikas Bank Limited (GBBL). On Ashad 11, 2078 BS, the bank filed an application with the Securities Board of Nepal (SEBON) for this...

For the first time, Facebook’s market capitalization surpasses $1 trillion, making it the fifth US company to do so.

For the first time, Facebook's market valuation has topped $1 trillion, making it the fifth US firm to do so. In terms of overall market value, Facebook lags Apple, Microsoft, Amazon, and Alphabet (parent company of Google). Following the verdict...

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Cooperation between Nabil Bank and DV Excellus on agricultural credit

Nabil Bank and DV Excellus (Farming App) have agreed to enable farmers registered on the Farm platform with easy...