Business

Kathmandu- Solu Hydropower Limited is set to issue its initial public offering (IPO) to the general public starting Tuesday, December 29. The company received approval from the Securities and Exchange Board of Nepal (SEBON) on November 24 to issue a total of 20 million ordinary shares at a face value…

Kathmandu: Siddhartha Bank Limited has appointed Rameshwor Prasad Basyal as its new Chief Executive Officer (CEO). The decision was taken by the bank’s management committee. Basyal, who had been serving as the Deputy CEO, will officially assume his role as CEO from February 25, according to the bank. He brings…

Kathmandu-Gold and silver prices in the domestic market have once again reached record highs today, reflecting continued volatility and strong demand in the bullion market. According to the Federation of Nepal Gold and Silver Dealers’ Association (fenegosida), the price of fine gold increased by Rs 2,800 per tola today, reaching…

Kathmandu- Nepal Oil Corporation (NOC) has reported a net profit of more than Rs 13.5 billion in the last fiscal year 2081/82, marking one of the strongest financial performances in its history and signaling a shift toward clean energy, diversification, and possible public share issuance. Making the financial details public…

Kathmandu — More than Rs 235 million in cash was burnt and destroyed, while over Rs 320 million was looted during the Gen-Z protests held on Bhadra 23 and 24, according to an official damage assessment report prepared by the government. The findings are part of the Damage Assessment and…

Kathmandu — The Election Commission has introduced a provision allowing political parties to purchase voter details by paying a fixed fee, as per the House of Representatives election guidelines issued by the commission. According to the guidelines, political parties can obtain voter details from across the country by paying Rs…

Kathmandu- The initial public offering (IPO) of Salpa Bikas Bank Limited has been allotted today, Poush 10, amid heavy oversubscription. The IPO allotment process was completed at 9:30 am at Muktinath Capital, the issue and sales manager of the bank. Salpa Bikas Bank had issued a total of 1,439,179 units…

Kathmandu: Asha Laghubitta Bittiya Sanstha Limited has put 45,000 units of promoter (founder) shares up for sale. According to the company, the promoter shares being offered belong to the founding shareholders, and only existing promoter shareholders of the institution are currently eligible to purchase these shares. The minimum selling price…

Kathmandu- Palpa Cement Industries Limited has opened the sale of its initial public offering (IPO) from today, Poush 25, targeting project-affected local residents and Nepali citizens working abroad with valid labour permits. Read this:-Palpa Cement IPO Sparks Protest Over Exclusion of Locals, Devdaha Municipality Writes to Company The company received…

Kathmandu- The Public Service Commission (PSC) has postponed the written examinations for the post of Undersecretary (Gazetted Second Class, Non-Technical), which were scheduled to begin from Magh 10, 2082. The decision was taken in response to a formal request from the Election Commission, citing the heavy deployment of civil servants…