Top Headlines: Parties plan peace deal before PMs India Visit. Taskforce working overnight. (Source: Republica) PM sacks Sah, Bhandari. Sah had not resigned as made out by the media. (Source: The Himalayan Times) Cabinet okays BIPA, DTAA signing. Gives go-ahead to the $250m line of credit deal. (Source: The Kathmandu Post) Kist Bank and Everest Bank to sign an agreement on Sunday for merger. (Source: Nagarik Daily) Among the 40 suspended ones, the trading of seven suspended companies resumed in the secondary market after the made the payment of renewal fee to NEPSE. (Source: The Himalayan Times) Banks flush with cash, borrowers wary. Banks running in net loss at a time when they have more than comfortable liquidity. (Source: Republica) More firms go under amid economic slump. Most of the firms whose license have been cancelled are related to the reality business, stock market and the service sector. (Source: The Kathmandu Post) Agricultural Development Bank invites applications for CEO post. A threemember committee of the bank has been assigned to make recommendations of persons most fit for the CEOs post. (Source: The Kathmandu Post) Three international carriers plan to link Kathmandu. IndiGo to start KTM service on Oct 28. (Source: The Kathmandu Post) IRD completes investigation of 365 VAT fraud cases. Slaps Rs.3.45 billion. Still to probe large taxpayers. (Source: The Himalayan Times) Minimum wage for farm workers set at Rs.221 per day. (Source: The Kathmandu Post) Removal of hoarding boards. Advertisers claim loss of Rs.7.2million, demand compensation. Kathmandu Metropolitan City forms team to access loss. (Source: Republica)
International Business: World wealth to grow 50 percent in 5 years. (Source: The Kathmandu Post) China vows to keep yuan stable. (Source: The Kathmandu Post)
MARKET INFORMATION
As of 2nd Kartik, 2068 Index NEPSE Sensitive Float Sen. Float NEPSE Sub-Indices Banking Hotels Dev. Bank Hydropower Finance Insurance Current Points Change %Change
628.41 30.53
Market Summary
Total Turnover Rs: Total Traded Shares Total Transactions Total Scrips Traded Total Market Capitalization Rs:
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Bonus/Right Share/Cash Dividend: BOD meeting of Nepal Express Finance Co. has proposed to distribute 10 percent bonus share and 0.53 percent cash dividend to its shareholders subject to approval from NRB and its upcoming AGM. (Source: The Himalayan Times) BOD meeting of Chilime Hydro Power Co. has proposed to distribute 40 percent bonus share and 30 percent cash dividend to its shareholders subject to approval from NRB and its upcoming AGM. (Source: Samcahar Patra)
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AGM/Special AGM: Kist Bank Limited has concluded its special general meeting on Wednesday. (Source: Arthik Abhiyan)
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Vendor-managed
inventory
(VMI) is a family of business models in which the buyer of a product provides certain information to a supplier of that
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product
and
the for
supplier
takes
full an
responsibility
maintaining
agreed inventory of the material, usually at the buyer's consumption location (usually a store). A third-party logistics provider can also be involved to make sure that the buyer has the required level of inventory by adjusting the demand and supply gaps. The business value is a direct result of increased information flow: Improved Turns Inventory
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VENUE/TIME Laxmi Capital Market Limited, Pulchowk, Lalitpur (10:00AM) City Hall, Pradarshani Marga (3:00 PM) Hotel Fewa Prince, Pokhara (8:30 AM) Amrit Bhog, Kalikashtan, Kathmandu (10:00 AM) Amrit Bhog, Kalikasthan, Dillibazar, Kathmandu (10:00 AM) Chamber of Commerce, Narayanghad, Chitwan (10:00AM)
_ _ 1 Kartik
Financial Highlight 2066/67 Financial Highlight 2067/68 Financial Highlight 2067/68, 7.11% Cash Dividend and 15.02% Bonus Share to its shareholder Financial Highlights 2067/68, 25% cash and 25% stock dividend. Financial Highlight 2067/68, 10% Bonus Share to its Shareholders
25th
13 Kartik
14th
8 Kartik
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