SC denies to issue interim order sought by UML's Nepal faction

KATHMANDU, April 27: The Supreme Court (SC) on Monday ruled out giving an interim order in the writ petition filed by CPN- UML leaders Madhav Kumar Nepal, Bhim Rawal, Ghanshyam Bhusal and Surendra Pandey. The four leaders had lodged the petition arguing that UML Chairman KP Sharma Oli took action against them by breaching the party statute. A single bench of Justice Prakash Kumar Dhungana on Monday stated that such an issue is not deemed to be interim order and it could be reached to a conclusion after holding consultation between the two sides. The four leaders had lodged the petition on April 22 against the Election Commission of Nepal, CPN (UML) Chairman Oli, General Secretary Ishwar Pokhrel, Speaker of House of Representatives (HoR) Agni Prasad Sapkota among others. The SC also asked to furnish a written response within 15 days through the Office of Attorney General.

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The unattended issue of road safety in Nepal

In Nepal, road safety has been consistently neglected due to the absence of dedicated legislation. The post The unattended issue of road safety in Nepal appeared first on OnlineKhabar English News.

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Nepal Electricity Authority to issue IPO at a premium

The Nepal Electricity Authority, which is on the verge of launching an IPO at a premium price, has been granted a 'Double A Plus' credit rating for its operations in Nepal. The post Nepal Electricity Authority to issue IPO at a premium appeared first on OnlineKhabar English News.

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NRB to issue development bond worth Rs 13.10 billion

KATHMANDU, Oct 1: The Nepal Rastra Bank (NRB) is set to issue a development bond worth Rs 13.10 billion today. The central bank is going to issue the eight-year 'Development Bond 2088-C' through a bid. The bond can be purchased by banks and financial institutions,

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Nepal: Looking at the Taiwan issue closely

Nepal says it is looking at the recent Taiwan issue closely, adding it is committed to the one-China policy. The post Nepal: Looking at the Taiwan issue closely appeared first on OnlineKhabar English News.

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China wants Nepal to oppose Taiwan’s independence as the issue gets the limelight

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Five companies granted permission to issue IPOs

KATHMANDU, Jan 20: After a hiatus of five months, as many as five companies are issuing their Initial Public Offerings (IPOs) to the general public soon. For the past five months, no companies were permitted to issue IPOs by the Securities Board, Nepal SEBON. According to Deepa Dahal, spokesperson for SEBON, a meeting of the board held on Tuesday decided to give permission to five companies to issue IPOs to the general public. The companies permitted to issue IPOs are Green Bench, Balefi Hydropower, Jalpa Community Laghubitta, Rashtriya Utthan Laghubitta and NESDO Sambridha Laghubitta. The Green Bench has been granted permission to issue 6,250,000 units of IPOs to the local and the general public.

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Buddha Bhumi Nepal Hydropower to issue IPOs worth Rs 80 million

KATHMANDU, September 19: The Buddha Bhumi Nepal Hydropower is all set to issue 800,000 units of primary shares worth Rs 80 million to the general public from September 27. The company recently distributed 400,000 units of Initial Public Offering (IPO) to project-affected locals of Nuwakot district. Of the allotted units for the general public, 40,000 will be for mutual funds, 13,000 for employees of the company and 744,000 for the general public. The interested ones can apply for the primary shares from September 27 to 30. Investors can apply for a minimum of 10 and a maximum of 50 units. Civil Capital Market has been appointed the issue manager of the IPO.

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Nepal tourism entrepreneurs urge govt to issue a travel advisory inviting foreign tourists

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Govt prepares to issue new child rights policy

The government of Nepal is preparing to issue a new child rights policy in its effort to ensure all kinds of child rights of children in the country.

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SICL appointed as the issue manager for right share

Kathmandu, June 1. NIBL Ace Capital Limited has been appointed as the issue manager for the Shikhar Insurance Company Ltd. for Right Share issue. SICL is a company with a vision, geared up to face the every challenge that persists in the insurance industry. The company will issue a total of 52,75,572 shares to its […] The post SICL appointed as the issue manager for right share appeared first on Aarthiknews:: A leading business & economic news portal from Nepal.

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