BUSINESS

The initial public offering (IPO) results of Jyoti Life will be held on Friday. According to NMB Capital, the company's share issuer and sales manager, the IPO was pre-allotted on Tuesday and sent to the Securities and Exchange Board(SEBON) for final approval.NMB Capital is preparing to distribute the IPO on Friday morning after the…

Ruru Hydropower Project Limited is going to issue initial public offering (IPO)  from April 2 (Chaitra 20). The company is going to issue shares to the public for a total of Rs 120 by adding a premium of Rs 20 to the face value of Rs 100 per share.The company is going to issue a total of 47,706 shares out of which, 2 percent or 8 thousand…

Targeting the New Year 2078 BS, LG Nepal has unveiled its new campaign '‘हार्दिक बधाई तपाईंलाई, यस नयाँवर्ष विशेष सबैलाई’'.As per the plan, LG's authorized distributor for Nepal, CG Electronics, will provide special cash discounts and sure-shot gift hampers on the purchase of LG's products.Accordingly, customers will be able to get…

As many as 1.6 million people have applied for the IPO of Singati Hydro Energy Limited till Tuesday.According to securities Sales Manager Mega Capital's Markets Limited, 1,624,483 applications have been received for the IPO. From those applications, a total of 2.45 billion 16 lakh 66 thousand rupees has been collected for the purchase of…

All types of payment QR codes provided by various banks and financial institutions available in Nepal can now be scanned through the IME Pay app.Various payment QR codes available in Nepal from apps like Fone Pay, Smart QR, Union Pay and IME Pay can be easily scanned from IME Pay app. IME Pay App is the only electronic payment service…

The government has lifted a ban on imports of vehicles worth more than USD 50,000. The Ministry of Industry, Commerce and Supplies has published a notice in the Gazette informing that the ban imposed since last year has been lifted.The government had banned the import of vehicles costing more than USD 50,000 since April 6 last year, citing…

MoneyGram International and Esewa Money Transfer have signed an agreement for remittance payment services. With the agreement, MoneyGram's customers in more than 200 countries will be able to instantly send money to their family, relatives and friends in the respective bank accounts of their choice.In the near future, cash remittances sent…

Trading along with the NEPSE index has improved as the number of long-term investors has increased despite the stock market's decline. Investor morale has also increased after the improvement in the NEPSE index and trading.NEPSE, which had scaled the peak of 2640 points on February 21, had dropped by 250 points to 2390 points. As the market…

Nepal Infrastructure Bank (NIFRA) has clarified that it has projected to pay 8 percent dividend to the shareholders in the current fiscal year 077/078.The bank has stated that it will pay 8 percent dividend in the financial statements made public for the issuance of ordinary shares (IPO). The regulatory body has stated that the distribution…

NIC Asia Laghubitta and Swadeshi Laghubitta have merged into one institution. The newly formed  business has been started under the name of NIC Asia Laghubitta Bittiya Sanstha Ltd.NIC Asia Chairman Kapil Dhakal and Swadeshi Laghubitta Chairman Lal Mani Joshi inaugurated the newly formed business. A memorandum of understanding (MoU) was…