Latest News
Buddha Bhumi Hydropower Drowns Deeper in Red: Mounting Losses Underscore Urgent Need for Reform
Buddha Bhumi Nepal Hydropower faces a growing net loss of NPR 22.5 million as revenues decline and expenses rise, pushing key financial indicators into negative territory.
a year ago
Singati Hydropower Achieves Spectacular Financial Turnaround with Robust Profit Surge in Q4
Singati Hydropower Company Limited has reported a remarkable turnaround, earning a net profit of NPR 149.9 million in FY Q4, up from a loss of NPR 69.2 million last year.
a year ago
Progressive Finance Restructures Promoter Holdings: Strategic 201,867 Share Realignment Begins
Progressive Finance has put over 2 lakh promoter shares up for sale. Current promoter shareholders can apply within 35 days at the central office in Tinkune, Kathmandu
a year ago
Barun Hydropower Amplifies Capital Base with Extended 1:1 Rights Offering Deadline till Bhadra 3
Barun Hydropower Company Limited has extended the deadline to apply for its 1:1 rights offering. Shareholders recorded before book closure can now apply for the 100% rights shares until Bhadra 3.
a year ago
Asha Laghubitta’s Annual Profit Soars by 248%, Positions Itself for Notable Dividend Payout
Asha Laghubitta has reported a remarkable profit growth of 248.28% in FY 2081/82, earning NPR 20.92 crore. With rising interest income and reduced NPL, the microfinance company shows strong dividend potential and improved EPS of NPR 28.55.
a year ago
Massive Embezzlement Scandal Rocks Karnali Development Bank: NPR 3.38 Billion Misappropriated
Karnali Development Bank is under intense scrutiny after a Central Investigation Bureau probe exposed a staggering misappropriation of over NPR 3.38 billion.
a year ago
Mabilung Energy Unveils Strategic IPO, Empowering Investors to Join Nepal’s Renewable Energy Future
Mabilung Energy Limited is issuing 12.48 lakh IPO shares to the general public from Shrawan 26. Applications can be submitted until Shrawan 29.
a year ago
Nepal and Sri Lanka Sign Strategic Partnership to Promote SMEs and Boost Trade
Nepal Chamber of Commerce (NCC) and the Sri Lankan Chamber of Small and Medium Enterprises (SLCSME) have signed a strategic partnership to promote SMEs, boost bilateral trade, and enhance investment opportunities.
a year ago
Nepal Stock Market Suffers Sharp Decline as NEPSE Falls Over 65 Points
Nepal’s stock market opened the week with a sharp fall, as the NEPSE index dropped by 65.20 points to 2,857.43 on Sunday.
a year ago
NIC Asia Capital Declares Dividends for Four Mutual Funds for FY 2081/82
NIC Asia Capital has declared cash dividends for four mutual funds for FY 2081/82, with rates ranging from 5.55% to 10.10%.
a year ago
NRB to Withdraw Rs. 50 Billion via Deposit Collection Amid Surplus Liquidity
Nepal Rastra Bank has once again initiated a liquidity mop-up operation by issuing a 42-day deposit collection instrument worth Rs. 50 billion on Shrawan 18.
a year ago
Narayani Development Bank Gets Approval for Rights Share Issuance, Doubling Paid-Up Capital
Narayani Development Bank has received approval from NEPSE for a 1:1 rights share issuance, doubling its paid-up capital to over NPR 525 million.
a year ago