BUSINESS

Ngadi Hydropower Limited has opened sale of ordinary shares to the public from today. The company has brought in 2.25 million initial public offerings (IPOs) at a face value of Rs 225 million per 100 units.Out of the ordinary shares to be issued by the company, 5 percent or 1,12,500 shares have been distributed to the collective investment…

American Life Insurance Company (MetLife) has announced the bonus rate for the fiscal year 2076/77.The company has announced a bonus rate of Rs 45 to Rs 80 per thousand per annum for all life insurance policies that are profitable.The bonus rate has been determined according to the actuarial valuation from July 17, 2019 to July 15,…

The government-owned Hetauda Cement Industry has reduced the price of cement.The industry has reduced the price of cement by Rs 45.20 per sack.According to Shyam Narayan Chaurasia, head of sales and market of the industry, the price of OPC cement was earlier at Rs 747.93 per bag. At present, it is being sold at Rs. 701.73 per bag.…

Internet service provider WorldLink has unveiled an attractive offer on the occasion of Vijaya Dashami.The company has upgraded and modified earlier packages with double speed internet at the same price.In the company's festival offer, users will get a 40 Mbps speed internet package for Rs 1,100 per month, including a free NetTV…

International food chain brand KFC has opened its eighth branch in Kathmandu Valley and expanded its 11th outlet in Nepal. Opened on the premises of Bhatbhateni Department Store in Naxal, Kathmandu, KFC Restaurant is known as one of the most delicious chicken dishes in the world.The new outlet will offer KFC's various chicken dishes such as…

The digital system Namaste Pay, which allows you to pay without internet, has come into operation from today. Namaste Pay has come into operation on Tuesday with the joint investment of Nepal Telecom and Rastriya Banijya Bank.Namaste Pay service has been brought into operation through a separate company Nepal Digital Payment Company.…

VG Automobiles, the official dealer of Suzuki motorcycles and scooters, has come up with a gift scheme on the occassion of Dashain Tihar festival. The company has introduced 'Dashain Aayo Umang Chayo Cashback and Bumper Payo' offer for it's customers.Under this gift scheme, one can get Rs 10,000 cashback on the purchase of any Suzuki brand…

Bhatbhateni has opened Nepal's largest super store in Itahari of Sunsari on Saturday.Director of Bhatbhateni Min Bahadur Gurung has inaugurated a Super Store at Labipur, which lies 4 km west of Itahari Chowk.During the inauguration, Bhatbhateni is providing 10 percent discount on all goods except on alcohol and nicotine based products ,…

With the approach of Nepali grand festivals, Proton Nepal has announced offers for this festive season. Proton Nepal the authorised dealer of Malaysian automobile brand Proton has come up with a 'Dashain-Dakshina' offer for it's customers.The offers will come in effect from September 3 to the end of this festive season. Under this scheme,…

MAW Enterprises, the official distributor of Yamaha motorcycles and scooters, has unveiled the Dashain Tihar offer. The company has launched a special consumer scheme 'Race for the Ace Offer' with best wishes of Dashain and Tihar festival. This offer has been implemented on purchase of Yamaha bikes and scooters starting from 1st  September.…