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NADEP Laghubitta (NADEP) Proposes 21.053% Dividend for FY 2077/78

NADEP Laghubitta Bittiya Sanstha Limited (NADEP) has proposed a 21.053% dividend for the FY 2077/78. As per the notice published in NEPSE, the microfinance company has proposed 20% bonus shares worth Rs 8.09 crore and 1.053% cash dividend worth Rs 42.61 lakh (cash for tax purposes). The decision taken by the ...

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Sale of substandard sweets rampant in Valley as Tihar festival approaches

The sale of substandard sweets is rampant in the Kathmandu Valley as Tihar festival is round the corner. The Kathmandu Metropolitan City (KMC) officials on Wednesday took actions against a number of sweets shops on charge of failing to abide by the consumer protection laws. According to the KMC, its ...

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Reminder: Last Day to Grab Dividend of These Companies

Asha Laghubitta Bittiya Sanstha Limited (ALBSL) has called its 5th AGM on 27th Kartik, 2078. The meeting will be held in Fall & Trout Village Hotel & Restaurant, Kakani, starting at 10 am that day. Among other agendas, the AGM will endorse a 26.3157894% dividend for the fiscal year 2077/78. The ...

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IPO Allotment This Friday: Madhya Bhotekoshi Jalavidyut Company Limited

The IPO allotment of Madhya Bhotekoshi Jalavidyut Company Limited has been scheduled to take place this Friday, i.e. Kartik 12. The allotment program will commence at the premises of the issue manager Global IME Capital starting at 9 am that day. The company opened its IPO issue for 90,00,000 unit shares worth ...

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FDA panel backs Pfizer’s low-dose COVID-19 vaccine for kids

WASHINGTON, OCTOBER 27 The US moved a step closer to expanding COVID-19 vaccinations for millions more children as government advisers on Tuesday endorsed kid-size doses of Pfizer’s shots for 5- to 11-year-olds. A Food and Drug Administration advisory panel voted unanimously, with one abstention, that the vaccine’s benefits in preventing ...

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NCHL settled digital payments of over Rs 4 trillion during mid-July and mid-October

Nepal Clearing House Limited (NCHL) settled payments worth Rs 4,120 billion carried out via various online platforms in the first three months of the current fiscal year. According to the company, the transaction volume recorded during mid-July and mid-October this year was doubled compared to the same period of the ...

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Japan’s Princess Mako marries commoner, loses royal status

TOKYO, Oct 27: Japanese Princess Mako quietly married a commoner without traditional wedding celebrations Tuesday and said their marriage — delayed three years and opposed by some — “was a necessary choice to live while cherishing our hearts.” The marriage to Kei Komuro cost Mako her royal status. She received ...

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Sick one denied plane ticket to reach better health facility

SIMIKOT, Oct 26: A sick person from Kharpunath Rural Municipality-1 of Humla district has been denied a plane ticket to fly to a better health facility. As a result, the 60-year-old Birjit Shahi, who reached the airport in a stretcher, was left stranded at Simikot Airport. Although he got the ...

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Bank of Kathmandu Limited (BOKL) Proposes 14% Dividend for FY 2077/78

Bank of Kathmandu Limited (BOKL) has proposed a 14% dividend for the fiscal year 2077/78. The 206th meeting of the board of directors held on Kartik 8 decided to distribute the dividend on the paid-up capital maintained as of Ashar end, 2078. 10% bonus shares worth Rs 96.58 crores and 4% ...

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Adhikari appointed Executive Chairman of Nepal Airlines Company

The government has appointed Yubaraj Adhikari as Executive Chairman of the Nepal Airlines Corporation (NAC). A cabinet meeting held on Monday took a decision to this effect after accepting the resignation submitted by the incumbent Executive Chairman Sushil Ghimire, according to Minister for Communications and Information Technology Gyanendra Bahadur Karki. ...

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