Blog of Rojin

  Transaction cost in Securities Trading While trading in share market/ stock market, a person must be familiar with a term “Broker Commission”. It is an amount charged by stock brokers register under prevailing laws. Broker collects pre specified rate of commission in every transaction entered by a person in purchase / sell of securities.  When trading in Nepalese share market, we all have been familiar with the news that we have an expensive transaction cost in trading securities. Most of us are unaware of the fact that all transaction cost paid by us are not broker commission and are not income of broker. Most of us never look at bifurcation of charges paid by us. If we look at bifurcation of charges paid by us and income of broker, we will find that expensive transaction cost is a result of various factors beyond broker commission and it is shared by various bodies beyond brokers . What are the constituents of transaction costs? Broker Commission Broker commission ...

  Brief History of NCELL and ownership NCELL Axiata Limited is the Nepal’s first private mobile service provider. Andy Chong was the key person to start Mero Mobile in 2004. After 4 years, it was acquired by Reynolds Holding Company (Parent Company – Teliasonera (Norway)) who rebranded it as NCELL in 2010.   On April 12, 2016, Axaita (UK) (Parent company - Axiata Berhad (Malasia)) purchased 100% shares of Reynolds Holding and indirectly purchased NCELL. After ownership was transferred to Axiata group, NCELL was transformed into a public limited company. On August 3, 2020, NCELL's name was changed to "NCELL Axaita Limited." Since, it’s establishment, NCELL had ownership structure as 80% foreign investment and 20% domestic investment (held by Niraj Govinda Shrestha). NCELL had initial paid up capital of 10 crore, of which 8 crore was foreign investment and 2 crore was national investment. Origination of the case/ Ownership Transfer It is found that ownership of NCELL w...

                        Worldwide impact on Russia- Ukraine war From the beginning of this year, tension between Russia and Ukraine had started escalating. The tension had pushed up the price of oil and gasoline (major purchase for Americans) as Russia is a major exporter of oil and natural gas. Russia is the largest exporter of wheat and palladium while Ukraine in third largest producer of wheat in world. Moscow is also a major player in nickel, aluminum and other metals. Export restrictions due to conflict and sanctions are likely to significantly affect the prices of these commodities. It was leading factor to cause high inflation in world economy as rate of oil and gas were directly linked with various products in consumer markets. As, China is the major importers of crude oil and major exporters of consumption market in different countries. Hence, disruption in China-Russia trade with the increase ...