In February 1993, exactly two years after Nepal's constitution was amended to permit a free press,
Kantipur and
The Kathmandu Post were founded by
Shyam Goenka, when he was 29 years old. In fact, he had taken the initiative to start the newspapers, with very limited resources, when just about everybody dismissed his efforts to start a private media house as a bad business move. However, Kantipur defied all naysayers and went on to write a history of its own – perhaps the greatest success story for a corporate in Nepal, post-1990 after Mr Binod Raj Gyawali and Kailash Sirohiya took over equal partnership. In fact, it was a phase when the print media in the private sector not only succeeded in acquiring credibility - a tag that until then was monopolized by the government owned
Gorkhapatra and the
Rising Nepal-but also promoted professionalism in journalism to a great extent attracting talents to join in. The massacre of the royal family in June 2001 prompted the first crisis between Kantipur Publications and the government. Two directors of
Kantipur Mr Binod Raj Gyawali and Kailash Sirohiya were arrested and charged with "sedition" after publishing comments by a Maoist leader about the death of
King Birendra. The proclamation of a
state of emergency on November 26, 2001, by
King Gyanendra under the direction of then Prime Minister
Sher Bahadur Deuba suspended the press freedom guaranteed by the country's Constitution a decade earlier. Police began a wave of repression: more than fifty journalists were arrested, many publications were banned outright. Following a February 1, 2005 royal coup by
King Gyanendra, Kantipur Publications operated under tighter restrictions. Journalists throughout Nepal were subject to imprisonment and beatings by the
Royal Nepal Army. Nevertheless, Kantipur Publications continued to criticize the regime despite the royal proclamation and the ongoing
civil war. In March 2005,
Narayan Wagle, editor in chief of
Kantipur, was held for questioning by police on suspicion of criticizing the king in print. During the 2006 uprising, Kantipur Publications continued operations despite increased crackdowns by the monarchy on private media. Press freedom has been restored since the restoration of democracy in Nepal in May 2006, allowing Kantipur Publications to operate without fear of reprisal by the state.
Trouble with Maoists In 2007, Kantipur Publications faced pressure from Maoist-aligned organizations such as
Young Communist League and the
All Nepal Trade Union Federation. However, an agreement was reached between Kantipur and the Federation. This abruptly led the longest serving chairman Hem Raj Gyawali to resign. On 21 May 2024, chairman
Kailash Sirohiya was arrested at company offices in
Kathmandu for alleged violations of citizenship laws after his citizenship card number is found to share that of another. Sirohiya denied wrongdoing and accused Home Minister
Rabi Lamichhane of retaliating for the publication of news stories about alleged financial irregularities involving the latter.
2025 Gen Z protests A building of the headquarters of Kantipur Publications was burned by protesters during the
2025 Nepalese Gen Z protests. Staff were reported forced out of the headquarters buildings by protesters who then set fire to one of the buildings that comprises the company headquarters. The Kantipur and Kathmandu Post websites were also down. == Properties ==