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Insurers lobbying for mandatory insurance do not do cyber insurance themselves

केशवप्रसाद भण्डारी | 3 weeks ago
Kathmandu. Although the information technology guideline, 2076 BS has made cyber insurance mandatory for all insurance companies, most of the insurance companies have not implemented it. The entire insurance sector is at risk as this important provision for the protection of digital data and financial transactions is limited to paper only.

NMB Bank receives Rs. Permission to issue preference shares worth Rs 3 billion

जयराम गौतम | 3 weeks ago
Kathmandu. NMB Bank has received permission to issue preferential shares. The Securities Board of Nepal (SEBON) has granted permission to NMB to issue unissued equity preference shares worth Rs 3 billion. NMB Bank will now issue a total of 30 million units of preferential shares at a face value of Rs 100.

Palpa Cement Gets Permission to Issue IPO

जयराम गौतम | 3 weeks ago
Kathmandu. Palpa Cement Industries has received approval for the initial public offering (IPO). The Securities Board of Nepal (SEBON) has granted permission to Palpa Cement to float its initial public offering (IPO). The company has received permission to issue an initial public offering (IPO) of Rs 75 crore.

RTGS system to be operational on public holidays tomorrow

जयराम गौतम | 3 weeks ago
Kathmandu. The RTGS system will also be operational on Thursday, a public holiday. Issuing a notice today, Nepal Rastra Bank (NRB) has informed that the system will continue to operate on Christmas Day holiday as well. The system will be in place from 10 am to 3 pm tomorrow.

LP Gas Industry Association extends support to Ghimire for FNCCI election

नानु खड्का (निर्जला) | 3 weeks ago
Kathmandu. KATHMANDU: The 27th anniversary of Nepal LP Gas Industry Association has been successfully organized in Kathmandu on Friday. Secretary at the Ministry of Industry, Commerce and Supplies, Dr. The program was attended by various organizations, entrepreneurs and stakeholders related to the gas industry. Addressing the program, Secretary Dr.

Hotel Park Land to issue IPO, Citizens Capital appointed as issue manager

नानु खड्का (निर्जला) | 3 weeks ago
Kathmandu. KATHMANDU: Citizens Capital Limited and Hotel Park Land Limited have signed an agreement for the appointment of Initial Public Offering Manager (IPO) in Dilli Bazaar, Kathmandu. The agreement was signed by Mr. Sharad Kumar Pandey, Chairman of Hotel Park Land Limited and Mr. Sabir Bade Shrestha, Chief Executive Officer of Citizens Capital Limited.

Global IME Bank collaborates with DAI-UDAY Project

नानु खड्का (निर्जला) | 3 weeks ago
Kathmandu. Global IME Bank and DAI-Udaya Project have signed a memorandum of understanding (MoU) to collaborate for financial access to various small and micro enterprises in Koshi Province. Chief Executive Officer of the bank Surendra Raj Regmi and Chief of Party Arun Rana of the Bank signed the MoU on behalf of their respective organizations.

Which are the top 10 companies in the market today?

जयराम गौतम | 3 weeks ago
Kathmandu. The stock market rose sharply on Wednesday. On this day, the NEPSE index increased by 1.37 points to close at 2585.87. Six sub-groups have increased while 7 have fallen. On the day, the non-life insurance group increased by 0.87 percent and the development bank group fell the most by 0.85 percent.

Shares rise marginally to Rs 3.22 billion

नानु खड्का (निर्जला) | 3 weeks ago
Kathmandu. The stock market closed higher today. Today, the NEPSE index increased by 1.37 points to close at 2,585 points. Today, the share prices of 111 companies have increased while the prices of 142 companies have fallen. A total of 7,224,917 units of shares of 334 companies were traded during the day.

Public holiday tomorrow

नानु खड्का (निर्जला) | 3 weeks ago
Kathmandu. There will be a public holiday on December 10. On December 25, Christians across the globe are celebrating Christmas on the occasion of the birth of Jesus Christ. The government has declared a public holiday on the occasion of Christmas Day.

Private credit rating scrutinized by global regulator, suspicion of ‘rating buying’ in Nepal

केशवप्रसाद भण्डारी | 3 weeks ago
Kathmandu. Regulators have begun to monitor the credit ratings being used in the global private debt market. According to Bloomberg, the Financial Stability Board (FSB), the US Securities and Exchange Commission (USAC) and the Bank of England, which monitors global financial risks, have been investigating the role of privately promoted credit rating companies.

NCHL celebrates its 17th anniversary

नानु खड्का (निर्जला) | 3 weeks ago
Kathmandu. Nepal Clearing House Limited (NCHL) has celebrated its 17th anniversary on December 22.

LIC Nepal calls AGM to approve dividend, when will the book close?

नानु खड्का (निर्जला) | 3 weeks ago
Kathmandu. LIC Nepal is going to hold its 24th Annual General Meeting (AGM) on Wednesday, January 15. The meeting will begin at 11:15 a.m. The assembly will be held at Nepal Administrative Training Academy, Jawalakhel, Lalitpur. The company has decided to distribute 21.05 percent cash dividend on its current paid-up capital.

Nagarkot Resort seeks permission from Securities Board of India (SEBON) to launch IPO

नानु खड्का (निर्जला) | 3 weeks ago
Kathmandu. Nagarkot Resort Limited has started the process to bring IPO from the hotel and tourism sector in the capital market of Nepal. The Securities Board of Nepal (SEBON) has applied for the IPO to the Securities Board of Nepal (SEBON). Nagarkot Resort Limited will issue IPO worth Rs 150 million.

What are the recommendations of the task force to make the economy dynamic?

जयराम गौतम | 3 weeks ago
Kathmandu. KATHMANDU: The Banking Sector Reform Advisory Task Force has suggested the Nepal Rastra Bank (NRB) to adopt a flexible policy to stabilize the sluggish economy. The report submitted by the task force has made such a suggestion. For this, the task force has given 9 different suggestions.

Liberty Micro Life Insurance convenes AGM, what are the agendas?

जयराम गौतम | 3 weeks ago
Kathmandu. Liberty Micro Life Insurance has called its third annual general meeting. The meeting of the Board of Directors of the company held on Tuesday decided to hold the AGM on January 14. The meeting will begin at 1:00 pm at the company’s headquarters in New Road, Pokhara.

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