Latest News
Manjushree Finance Reports Strong Q3 Growth; Net Profit Hits NPR 21.89 Crore
Manjushree Finance (MFIL) has reported a significant 27.93% increase in net profit, reaching NPR 218.9 million for the third quarter of the current fiscal year. The finance company also posted a robust distributable profit of NPR 305.4 million, with an earnings per share (EPS) of NPR 21.60.
IPO Alert: Sarvottam Paints Industries Announces Opening Date for Foreign Employment Category
Sarvottam Paints Industries Limited is opening its Initial Public Offering (IPO) on May 4, 2026 (Baishakh 21), specifically targeting Nepali citizens currently employed abroad. Eligible investors can apply for a minimum of 10 shares and a maximum of 5,000 shares.
Himalayan Re-Insurance Limited Reconstitutes Board Following Four Resignations
HRL has appointed Dipak Kumar Mishra and Ashish Chandra Neupane to its Board of Directors to fill vacancies left by the resignations of four high-level members.
Tim Cook Retires as CEO: Hardware Chief John Ternus to Lead Apple into New Decade
Tim Cook will transition to Executive Chairman on September 1, 2026, with Hardware Engineering head John Ternus becoming Apple's new CEO.
Mahalaxmi Bikas Bank Partners with UnionPay and Fonepay to Expand QR Network
Mahalaxmi Bikas Bank now enables UnionPay QR payments across its network, simplifying digital transactions for international tourists and local merchants.
Snow Rivers IPO Allotment Concludes: Snow Rivers Distributes 9.37 Lakh Shares to Project-Affected Locals
Snow Rivers Limited allotted 937,500 units to project-affected locals yesterday, with 2,434 applicants receiving at least 170 units each.
Fonepay Reappoints CEO Diwas Kumar to Lead Strategic Expansion and 2026 IPO
Fonepay reappoints CEO Diwas Kumar for four years to drive cross-border payments and its upcoming 2026 IPO.
Solukhumbu Locals and Migrant Workers: Apply for Mount Everest Power IPO from Baishakh 17
Mount Everest Power is issuing 1,032,000 units to Solukhumbu locals and Nepalese abroad starting Baishakh 17, with a 10-unit minimum.
Last Call for Sopan Pharmaceuticals IPO: Subscription Closes Today
Today is the final day to apply for the 3,474,900 shares offered by Sopan Pharmaceuticals at Rs 100 per share.
Gold Price Surges by Rs 1,600; Silver Retreats Slightly in Nepal
Gold jumps by Rs 1,600 to reach Rs 301,300, while silver drops to Rs 5,160 today.
NEPSE Index and Turnover Witness Downward Trend on First Trading Day
The NEPSE index closed in the red this Monday, dropping over 13 points as market turnover also saw a significant decline compared to the previous session.
Nepal Micro Insurance Company Defers 3rd AGM and Book Closure
Nepal Micro Insurance Company Limited (NMIC) has officially postponed its upcoming Annual General Meeting and suspended its book closure date until further notice.