4.76 Times Oversubscription in Vision Lumbini Energy Company’s IPO

Kathmandu : Vision Lumbini Energy Company’s IPO received 4.76 times more applications by the third day. So far, 847,770 people have applied for the IPO issued by the company to the general public since last Thursday. According to which,...


Oil Corporation’s Announcement that it will Bear the Fuel Costs of the Airplanes Operating in the Earthquake-Affected Areas

Nepal Oil Corporation Limited has announced that it will bear the cost of the fuel used in the airplanes and helicopters deployed to rescue the earthquake victims. The corporation issued a statement on Saturday and announced that it will...


Astrologers had Already Predicted the Earthquake, What was in posted in Status by Astrology Dr. Sunil Sitaula?

Kathmandu : Earthquakes are not something that even “science” can predict. Earthquakes are among the many things that ‘science’ has not been able to discover till date. However, it has been found that some astrologers of Nepal had already...


109 Aftershocks in 12 Hours of Jajarkot Earthquake

Kathmandu : After the powerful 6.4 Richter scale earthquake that hit Jajarkot at midnight yesterday, a total of 109 big and small aftershocks have occurred till 11:30 today. Rescuers from Jajarkot reported that earthquakes occur every 5.10 minutes. The...


Authority Chairman Silwal’s Warning to Insurance Companies that have Gone into Merger

Kathmandu : Nepal Insurance Authority has discussed with the CEOs of insurance companies that have gone for merger on 1st of November. In that discussion, Surya Prasad Silwal, Chairman of Nepal Insurance Authority, said that the tendency of insurance...


Narayani Development Bank in Central Bank Action, Fine up to Eight Times

Kathmandu: National Bank has taken action against Narayani Development Bank. In the fourth quarter of the financial year 2022-23, Narayani Development Bank was subjected to Central Bank’s action eight times. The bank has been fined 66 thousand 53 rupees...


Suspicious Video Hidden in Billions of Rupees Note Boxes has been Released, are these Note Bundles Real or Fake?

Kathmandu : A very sensitive video that may have played a role in destroying Nepal’s economy has been released on social media. In the video found on Facebook, the new notes worth 1000 rupees are packed in a box....


Distribution of Chirkhwa and Mirmire Taking Place Today

Kathmandu : The two companies are sharing today (November 16th). Chirkhwa Hydropower Company is going to do IPO and Mirmire Lagubitta Financial Institution is going to distribute FPO. According to the Sales Manager SBI Merchant Banking, the FPO of...


Narayani Development Bank in Central Bank Action, Fine up to Eight Times

Kathmandu: National Bank has taken action against Narayani Development Bank. In the fourth quarter of the financial year 2022-23, Narayani Development Bank was subjected to Central Bank’s action eight times. The bank has been fined 66 thousand 53 rupees...


Clarification of the Audit Committee to the two Securities Boards and the Insurance Authority on Allowing IPOs at a Premium

Kathmandu : The Public Accounts Committee of the House of Representatives has asked for an explanation from the Nepal Insurance Authority and the Nepal Securities Board, which allowed the issue of IPO at a premium. An official confirmed late...