Kathmandu – United Ajod Insurance Limited has successfully concluded its 31st Annual General Meeting (AGM) at Amrapali Banquet Catering and Event Pvt. Ltd., Bhatbhateni, Kathmandu. The AGM approved a proposal to distribute 10 percent bonus shares worth Rs. 210...

Kathmandu – Sanima Reliance Life Insurance Company Limited has announced the sale of 1,647,584 units of promoter shares owned by its current promoter shareholders. The sale comes following a decision made during the company’s board of directors meeting held...

Ahmedabad — All passengers affected by the recent Air India plane crash in Ahmedabad are entitled to receive compensation, regardless of who was at fault for the incident. The London-bound flight, which was carrying 242 passengers, crashed moments after...

Kathmandu – Nepal’s commercial banking sector has recorded a net profit of nearly Rs 54 billion in the first 11 months of the current fiscal year 2081/82. According to the latest financial reports, the 20 commercial banks operating in...

Kathmandu – The Health Insurance Board is set to expand its first service points to all local levels across the country, starting from Shrawan 1, to make health insurance services more accessible, efficient, and citizen-friendly. A decision to this...

Kathmandu – The Government of Nepal has made it mandatory for all payments made by public bodies to be processed through electronic systems starting from Shrawan 1, 2082. The Ministry of Finance has issued a circular to this effect...

Kathmandu – Nepal Life Insurance Company Limited has provided Rs 10 million to the Kathmandu Institute of Child Health (KIOCH) to support the construction of a multi-specialty children’s hospital in Budhanilkantha Municipality, Kathmandu. The financial support was extended under...

Kathmandu – The Nepal Insurance Authority has revised its previous directive and will now allow insurance companies to issue policies until the 31st of the final month in each quarter. The decision comes after continuous lobbying by industry stakeholders,...

Kathmandu — Nepal Insurance Company Limited’s 15 percent bonus shares have been officially listed on the Nepal Stock Exchange (NEPSE). According to NEPSE, a total of 24,66,362.91 units of bonus shares have been listed. These shares were distributed as...

Kathmandu – Care Ratings Nepal Limited has reaffirmed the credit rating of IME Life Insurance Company Limited at ‘Care NP Triple B Plus (Issuer Rating)’. This rating signifies a medium level of creditworthiness and timely servicing of financial obligations...