Nepal Financial News

₹87, which is 30% higher than the issue price of ₹67. Premier Roadlines IPO subscription period ran from Friday, May 10, until Tuesday, May 14. Premier Roadlines IPO price band was set between ₹63 and ₹67, with a face value of ₹10.

shares of Premier Roadlines listed on the NSE SME platform on Friday with a premium of 30%. The stock debuted at Rs 87 as against an issue price of Rs 67 apiece. Ahead of the listing, the company's shares traded with a premium of Rs 15 in the unlisted market.

Mint on the impact of climate change in the Asia Pacific region. India accounts for most of the economic and human losses in South Asia region.

Amit Shah on Thursday asserted that Pakistan occupied Kashmir (PoK) belongs to India and the country will take it back «at any cost». Addressing an election rally in Sitamarhi Lok Sabha seat in Bihar, the former BJP president slammed the Congress-led opposition for «raising fear about Pakistan's atomic power». «When Article 370 was scrapped, Rahul Gandhi had said that it would lead to bloodshed. Five years have elapsed and not a pebble has been hurled. But Congress's ally Farooq Abdullah tries scaremongering by saying that we cannot take back PoK as Pakistan has atom bombs,» Shah asserted. «I wish to declare from the birthplace of Goddess Sita that Bharat and its 140 crore people fear no one. Pakistan occupied Kashmir is ours and it will remain so. We will take it back,» he said.

Mt Everest in Nepal? It requires an individual to have the highest level of stamina, mental agility and excellent mountaineering abilities. Now, what does it take to climb the mountain 29 times? It is in this regard that, Sherpa Kami Rita has broken his record by climbing Mt Everest for the 29th time. It is his expertise and skills that often lead to others accomplishing their record of having climbed this magnificent mountain. It has been reported by the Associated Press that this feat was accomplished on May 12 at 7:25 am (local time). It has also been reported that Sherpa Rita had climbed Mt Everest, twice last year.

₹63 and ₹67 per equity share with a face value of ₹10 each. The lot size for the Premier Roadlines IPO is 2,000 shares. A minimum of 2,000 equity shares must be applied for, with further shares applied for in multiples of 2,000.

economic advisor to Nepal's President Ram Chandra Paudel has resigned after his controversial remarks on the government's decision to issue new hundred-rupee notes with a map that includes three Indian territories, a move already rejected by India. The President approved Chiranjivi Nepal's resignation on Sunday, according to a press release issued by the Office of the President.

Union home ministry has directed all central paramilitary and allied forces to replicate a 'beehives on border fence' beekeeping model initiated by a BSF unit in West Bengal to boost employment opportunities for the locals and create a goodwill with them for strengthening security. Official sources told PTI that the decision was made during a meeting on «scientific beekeeping and honey mission» that was chaired by Union Home Secretary Ajay Bhalla at his office at North Block here in April. The model devised and implemented by the 32nd battalion of the Border Security Force (BSF) deployed to guard the India-Bangladesh international border in West Bengal's Nadia district was «lauded» during the meeting and a direction was issued to all the central armed police forces (CAPFs) to adopt it in their respective areas of responsibility, a senior CAPF officer said. The other border guarding forces, such as the Sashastra Seema Bal (Nepal and Bhutan borders) and the Indo Tibetan Border Police (China LAC), CAPFs like the Central Reserve Police Force (CRPF) and Central Industrial Security Force (CISF) and other forces like Assam Rifles, the National Security Guard (NSG) and the National Disaster Response Force (NDRF) do not have fences to guard but the model can be utilised by them as per their nature of duties, the officer said.

cancer diagnosis while devastating, can sometimes help you see life in a new perspective and helps you distinguish who are your true well-wishers and who are fairweather friends. In a recent interview, Bollywood diva Manisha Koirala reflected on her journey of surviving cancer and how the difficult diagnosis and her battle with terminal illness made her confront some rather uncomfortable truths. In a candid chat with NDTV, the ‘Heeramandi’ star said, “It’s been a journey. It has also been a learning experience. I really believed that I had multiple friends. I thought partying together, travelling together, having fun together, people will sit with me in my pain. That was not so. People are not capable of sitting with anybody’s pain, let alone their own pain. We always try to find excuses to not feel pain. We want to escape pain. That’s human nature. I found myself very lonely, and I realised that only my immediate family was around me,” she revealed. The ‘Akele Hum, Akele Tum’ actress revealed that although her community — the Koirala clan was huge and influential in Nepal, almost nobody came to her aide, and the only people who offered unconditional support was her parents, her brother and his family. “ I realised that when everybody leaves me, these are the people who will be with me. My priority is my immediate family, no matter what. They come first in my life, everybody else later..” she revealed.

Purulia Lok Sabha constituency in West Bengal with lack of industrialisation and corruption allegations dominating the poll narrative in the backdrop of the omnipresent local Kurmi struggle for Scheduled Tribe status. The stage in this Kurmi-majority seat looks all set for a fierce three-cornered battle between incumbent BJP MP Jyotirmoy Singh Mahato, TMC's former state minister Shantiram Mahato and Congress's old war horse Nepal Mahato, all of who are represent the Kurmi scheduled caste community. While the BJP perceptively earned the Kurmi confidence to dislodge the TMC from the seat in 2019, the latter, in its bid to regain the community's support in the region, has announced in its poll manifesto that it will stand by its demand for ST status and pursue the Centre for its approval. Even smaller parties like SUCI (Communist) have fielded candidates from the same community in the form of young student leader Sushmita Mahato.

Nepal's Kami Rita Sherpa also known as 'Everest Man' on Sunday morning broke his record by climbing the world's highest peak, Mount Everest for the 29th time. The 54-year-old Sherpa climber and guide in the last spring season had climbed the 8848.86 meters tall highest peak two times within a week setting a record for the 28th summit. But the climber has hinted at his plans to climb the peak twice this time again.

The country’s largest paint-maker saw demand in rural regions impacted due to inflationary pressure, contracting volume growth but reported a double-digit growth in urban areas.

Mint with a rueful smile. She may be playing a huge role behind the scenes of India’s national election, the largest democratic exercise in the world, but for all that, 42-year-old Vishalakshi is a simple, unassuming person. The post-graduate in organic chemistry, who also heads the quality department of the company, is responsible for ensuring that the ink leaves an indelible mark on the voter, one that will remain for at least 72 hours.

NEW DELHI : Indians are packing travel bags for summer, braving heat waves and steep fares as school vacations and annual holidays beckon. Air travel that hit a daily peak in April is expected to rise further as more travellers work out plans for May and June, cheering airlines and travel industry alike. While there is heightened demand for cooler destinations, places that are typically warm at this time are also seeing interest.

Lipulekh, Limpiyadhura and Kalapani, already termed as «artificial enlargement» and «untenable» by India. «The meeting of the council of ministers chaired by Prime Minister Pushpakamal Dahal 'Prachanda' took a decision to print the new map of Nepal, which includes the Lipulekh, Limpiyadhura and Kalapani in the Rs 100 denomination bank notes,» government spokesperson Rekha Sharma told media persons while briefing about the cabinet decision. «The cabinet approved to re-design the banknote of Rs 100 and replace the old map printed in the background of the bank note during the cabinet meetings held on April 25 and May 2,» Sharma, who is also the Minister for Information and Communication, added.

Broadband internet are disrupted in many parts of Nepal as Indian vendors from whom most Nepali private operators source the bandwidth stopped providing the services because of payment defaults

NephroPlus, India's largest dialysis chain, said it has raised $103 million (₹860 crore) in a Series F funding round from Quadria Capital through a mix of fresh capital infusion and a secondary sale aimed at driving expansion plans within India and targeted markets overseas. The primary component is ₹100 crore. Quadria will become a minority shareholder post the latest round of funding which valued NephroPlus at more than ₹2,000 crore. Quadria will have a slightly higher stake than Bahrain-based Investcorp, which was the largest shareholder in the company prior to the latest round at 35-40%.

UPI) transactions fell to ₹19.64 lakh crore in the month of April against ₹19.78 lakh crore in the preceding month. In terms of transaction count, the number fell to 13.30 billion from 13.44 billion in March. When compared with April last year, the number of transactions saw a growth of 50 percent, while the total amount of transactions saw 40 percent growth.

Fortune Hotels, a member of ITC's hotel group, is planning to open a new hotel every month in the current financial year, the company's Managing Director Samir MC said on Wednesday. In an interview to PTI, Samir shared the expansion plans of Fortune Hotels, which has just opened its first international hotel — Fortune Resort & Wellness Spa Bhaktapur — in Nepal. He described it as a significant milestone in the company's «beyond borders» expansion strategy, envisioning its presence in South Asia and proximal markets. «Following on the heels of this prestigious opening, we are poised to open at least four to six more hotels in the first half of the fiscal year in unique destinations like Kevadia (Ekta Nagar, Gujarat), Candolim (Goa), Palampur (Himachal Pradesh), and a beach resort in Chennai amongst others and an equal number in H2 (second half: October-March),» Samir said.

Nepal is hosting an investment summit, hoping to attract much-needed foreign investment

ITC plans to open more hotels overseas with neighbouring countries and the Middle East as primary target markets after opening of its first international property here, company Chairman and Managing Director Sanjiv Puri said on Thursday. The company's arm ITC Hotels, which had opened 22 new properties in the last 24 months, plans to add another 70 hotels in the next five years in India as part of expansion plans in the hospitality sector. Besides the hotels business, the company will look for opportunities to expand the presence of FMCG and other verticals in new overseas markets as well. «We are open to exploring opportunities that come about. I think we have strong credentials in hospitality which we can take outside India now. Very clearly at the moment the focus is on proximal markets, be it for hospitality, be it for FMCG...,» Puri said here at a press conference after the opening of the 352-room luxury property, ITC Ratnadipa here.