AI Association Nepal Launched to Drive Innovation and AI Policy in Nepal
AI Association Nepal has been established by experts and entrepreneurs to promote responsible AI development. Shailendra Raj Giri, founder of Mero Job, has been appointed as president. The association aims to advance AI research, education, and industry collaborations.
Guardian Micro Life Shares Hit Positive Circuit on First Trading Day
Guardian Micro Life Insurance made a strong debut on NEPSE with its share price opening at Rs. 301 and quickly rising by 10%, hitting a positive circuit. The company’s shares were listed with 7.5 million shares, including 2.25 million available for the public.
Film Development Board Calls for Bids to Build Studio in Banepa
The Film Development Board has called for bids to construct an indoor shooting studio in Banepa, Kavre, covering an area of 42 ropanis. Interested companies can submit their applications via e-bidding within 30 days.
Swarojgar Laghubitta Gets SEBON Approval for FPO Issuance
Swarojgar Laghubitta has received approval from SEBON to issue an FPO. The company will issue 195,773 shares at a face value of Rs. 100, with NMB Capital as the issue manager.
NEPSE Declines as Turnover Drops to Rs. 8.39 Billion
The NEPSE index dropped by 11.49 points, closing at 2688.31 today. Despite the decline, there was significant trading activity, with a total turnover of Rs. 8.39 billion. Most sectors saw a decline, though some individual stocks showed gains.
Nepal Life Insurance’s Profit Soars to Rs. 46 Crore, Earnings Per Share Increase
Nepal Life Insurance has reported a profit of Rs. 46.81 crore for the second quarter of the fiscal year, marking a 9.45% increase from the same period last year. The company’s total income and premium collections have also seen significant growth.
API Power’s Profit Skyrockets by 14,000%, Earnings Per Share Surge to Rs. 10.26
API Power has recorded a stunning 14,000% increase in its profit, reaching Rs. 31.16 crore for the second quarter of this fiscal year, driven by a significant rise in electricity sales revenue. Earnings per share have also seen a sharp rise.
Terhathum Power’s Profit Surges 515%, Key Indicators Show Growth
Terhathum Power reported a 515.34% increase in net profit, reaching Rs. 3.97 crore in the second quarter. The company's electricity sales revenue grew by 20.83%, while financial expenses decreased by 25.72%, leading to significant earnings per share growth.
Job Opportunities at Standard Chartered Bank: What Qualifications Are Needed?
Standard Chartered Bank is recruiting for positions in Dharan and Pokhara, including Office Assistant and Teller roles. Applicants must have at least a Bachelor's degree and skills in administration, marketing, and teamwork.