Tag: Operate

  • Menchhiyam Hydropower is issuing 934,915 IPO shares to the general public beginning today.

    Menchhiyam Hydropower is issuing 934,915 IPO shares to the general public beginning today.


    Menchhiyam Hydropower Limited will issue 934,915 unit shares with a face value of Rs 100 starting today, April 4th, 2080. The company expects to earn Rs 9.34 crore through this IPO. This issue’s early closure date is on 7th Baisakh, and if it is not completely subscribed, it can be prolonged until 19th Baisakh, 2080.

    Previously, the business offered 542,583 unit shares worth Rs. 5.42 crores to project-affected residents of Sankhuwasabha District, of which only 505,780 were allocated to qualified applicants.

     

  • Bhugol Energy Development IPO Allotment Completes; 1,34,699 Applicants Receive 10 Units Each, Lucky 3 Applicants Receive 1 Unit Extra

    Bhugol Energy Development IPO Allotment Completes; 1,34,699 Applicants Receive 10 Units Each, Lucky 3 Applicants Receive 1 Unit Extra


    Bhugol Energy Development Company’s initial public offering (IPO) was completed today at the offices of NIC Asia Capital Limited in Kathmandu.

    Bhugol Energy Development Company released 13,46,993 units worth Rs 13.46 crores to the general public as an Initial Public Offering (IPO) (Chaitra 23-27, 2079).
    108,811 units have already been released and assigned to Nepalese individuals working abroad, 5% of the total offered shares, or 71,916 units, have been set aside for mutual funds, and 19,420 units have been put up for firm personnel. The remaining 13,46,993 units will be available to the general public.

  • Dolti Power IPO Received Rs. 1.47 Arba From 13.39 Lakh Applicants As of the Last Day

    Dolti Power IPO Received Rs. 1.47 Arba From 13.39 Lakh Applicants As of the Last Day


    Dolti Power Company Limited concluded its Initial Public Offering (IPO) of 12,71,861 unit shares to the general public today, March 3, 2080. The issue debuted on Chaitra 28th, 2079. This IPO is expected to generate Rs 13.46 crore for the firm.

    Previously, the business awarded 536,486 unit shares worth Rs. 5.36 crores to project-affected residents of Dailekh District, with just 141,820 units allocated to legitimate applicants. As a result, the remaining 394,666 unsubscribed shares of project-affected locals are added to the 10,72,972 units (20% of the issued capital designated for the general public) to produce a total of 14,67,638 units for the general public.

     

  • SEBON Extends the Deadline for Companies Interested in Stock Exchange Operations

    SEBON Extends the Deadline for Companies Interested in Stock Exchange Operations


    The Securities Board of Nepal (SEBON) has issued a notice to eligible institutions requiring them to apply for a Commodities Exchange Market Operation license and a Stock Exchange Operation license within 10 days.

    To provide investors with market access, enable commodity price innovation, and provide investors with alternative investment instruments to preserve price stability, a commodities exchange market that is investor-friendly, competitive, worldwide in scope, and competent is required.

    In order to run the commodities exchange market under the rules, guidelines, and other applicable regulations, those who seek to form a limited liability company in compliance with the prevailing legislation must first get board permission.

     

  • The Insurance Authority has issued a list of new arrangements and instructions to microinsurance companies.

    The Insurance Authority has issued a list of new arrangements and instructions to microinsurance companies.


     

    The Insurance Authority has recently prioritized working with micro-insurance companies. The authority recently granted licenses to seven new microinsurance companies.

    Previously, the Nepal Insurance Authority issued a notice inviting applications from companies interested in operating a micro-insurance company in Nepal. Similarly, three micro life insurance companies and four micro non-life insurance companies were chosen to conduct micro insurance activities in Nepal.

  • What Rawa Energy Development Prospective Investors Should Know

    What Rawa Energy Development Prospective Investors Should Know


     

    Rawa Energy Development Ltd is a public limited company that was founded as a private limited company on August 16, 2009 and later converted to a public limited company on June 28, 2019. It is promoted by businesspeople with extensive experience in hydropower and other sectors for the establishment of Hydroelectric Projects (HEP) in Nepal. In Khotang District, the company operates a 3 MW Upper Rawa Khola Small Hydropower Project (URKHP), which has been in commercial operation since September 20, 2020. The project is being built using the BOOT (Build, Own, Operate, and Transfer) model.

  • IPO of Bhugol Energy Development Company Opens From Today For Project-Affected Locals and Nepalese Employed Abroad

    IPO of Bhugol Energy Development Company Opens From Today For Project-Affected Locals and Nepalese Employed Abroad


     

    Bhugol Energy Development Company Limited was formed as a private limited company on February 16, 2009, and was later converted to a public limited company on October 31, 2017, to allow for public participation. The company operates the 3.75-MW Dwari Khola Small Hydropower Project in Nepal’s Dailekh District, Karnali Province. The project began commercial operations on May 6, 2017, ahead of the required COD of June 30, 2017, and was built at a total cost of NPR 734 million (NPR 196 million per MW) with an initial debt-to-equity ratio of 82:18.

  • How Does The Stock Market Work?

    How Does The Stock Market Work?


    How does the stock market work? In a nutshell, the stock market is a market place for business people. Goods are sold to the public in a public market. However, in the stock market, the public is sold share. Shares are the form in which company stock is sold. When a person purchases more shares in a company, they have a higher ownership in that company.

    In the stock market, there is the primary market and the secondary market. In the primary market, companies sell shares to investors to raise financing for their operating expenses. In the secondary market, investors buy and sell shares in companies to other investors. Constantly changing market conditions are the basis of those buy and sell decisions.

    A stock market operates much like an auction house, with a systematic way of buying and selling. The system in the stock market involves a great deal of bustling activity. Often there are people running around frantically, shouting and gesturing at one another.

    The purchase and sale of stock starts at various places. A broker is contacted if a person wants to buy stocks in a certain company. The broker will take the investor’s money to the stock exchange to coordinate with a floor broker.

    In most cases, the floor broker works for the company selling stock. Right on the stock exchange floor, brokers buy the desired stock for the investor. Once the deal is made, it is communicated to a broker and the investor then becomes a stockholder of that particular company.

    Investors may decide to sell their stock. Usually investors want to sell their stock when the price per share increases so they can realize a profit on their investment. For example, a person may purchase 100 shares at the price of $25 per share. When the price increases to $35 per share, the person can sell the 100 shares and make a profit of $1,000.

    The driving force behind the stock market is the basic economic principal of supply and demand. The number of stocks open to the public is the supply. The number of shares that investors what to purchase affects the demand of the stock in a certain company.

    The constant change in the cost of stock is a result of conditions in other markets. For example, if people feel that the economy is growing they are apt to purchase more stocks. However, when the economy is in a decline, the majority of investors tend to sell off their stocks. On the flip side, some investors use this time to buy because the stock prices are usually at a discount.

    There are quite a few business people who make long term investments in the stock market. In some situations, stocks go down in value and a stockholder loses money. There is no guaranteed profit when investing in the stock market. Thus, when a person is flexible and able to handle the constant changes of the stock exchange they are more likely to experience a profit.

    So this is how the stock market works. In the end, patience, education and experience usually equals greater long term success.

  • How To Choose the Best Router For Your Home WiFi?

    How To Choose the Best Router For Your Home WiFi?


    Choosing a reliable router is critical for getting the best WiFi performance out of your home network. Discover how to choose the best wireless router for your home WiFi.

    In Nepal, we have routers ranging from low-end to very high-end for various customer classes. TP-Link, Nokia, NETGEAR, Digicom, and other brands are available. When you setup a new internet connection, you are given a default router that meets the most basic criteria. However, if you want to ensure optimal performance as well as improved security for your home network, you must consider a number of variables.

    More antennas (MIMO) correspond to improved signal direction and allow you to receive the maximum bandwidth equitably across all of your devices. Using numerous antennas generates numerous streams of data packets over radio channels, increasing data speed to the devices.

    Routers with only one antenna are a thing of the past. All ISPs now provide their clients with dual antenna routers. However, if you want greater confidence, you can purchase a router with three additional antennae if necessary. However, there are more performance criteria than just antennas, which brings us to frequency bands.

    Dual-Band Or More

    As our internet requirements grow, so should the functions of routers. We require routers that provide continuous connections while using the same bandwidth. This necessitates the use of a dual-band router capable of delivering a continuous connection. Routers operate on two frequencies: 2.4GHz and 5GHz. A 6 GHz model is on the way.

    Another important element for modern companies or even households is the USB port. We can connect hard drives, printers, and other devices to the router and use them to run prints, examine data, and update software. If you have a USB C connector, you can charge your phone while making critical calls.

    Currently, most routers that come included with ISPs include a USB 2.0 port. If you want to go a step further, get your new router with USB 3.0 and USB-Type C capability.

    Router For Smart Home

    In recent years, the concept of smart houses has grown in popularity. Although the definition of a smart home is hazy, it includes the use of IoT, Alexa, Chromecast, Sensors, and other devices that require a stable internet connection with a high bandwidth speed.

    A router that is linked with Alexa or Google Assistant is required to supplement the demands for a Smart Home connection.

    Having a router with smart home integration will allow you to run many apps and devices at the same time, resulting in a domestic eco-system. You can control the router by speaking commands to Alexa. You can enable or disable WiFi, switch off the router’s LED lights, and so forth.

    If you want to buy a router that works with Alexa, you can go with the TP-Link Deco Voice X20 or look for others available in Nepal.

    An extension is good for one or two rooms, but if you want a full WiFi network solution, a mesh router is your best alternative.

    It is possible to infiltrate a greater area with a mesh Wifi router, such as the balcony or the basement, to the poolside.

    Mesh routers use two or more connected devices to provide a consistent WiFi signal throughout your area. It’s similar to configuring a slew of routers at home. Mesh router settings will provide you with a flawless WiFi connection in any room or region of your home.

    Mesh WiFi routers can easily found online.

    Security Features

    Security features are critical for protecting your home network from hackers and spies. Routers do include security measures such as antivirus software, VPNs, and other extensions to help safeguard the connection. The issue is that these features are not properly supported by routers with low-cost hardware.

    The image above depicts a typical menu of a Wifi Router that comes standard with Ntc FTTH.

    Search For Review

    Allow yourself some time to research a specific router if you have your heart set on it. You should look at its performance, dependability band, and security features to see if it meets your needs.

    You may find professional reviews on reputable websites, as well as consumer evaluations on YouTube. You can also read the buyer reviews and learn from their experiences. It does aid in determining whether the router you desire will satisfy your expectations. Learning ahead of time will save you money and help you avoid future regrets.

    So those are the guidelines we prepared to assist you in determining your next best router. However, it is entirely dependent on your needs and budget. Most default routers provided by ISPs have a single band that operates at 2.4GHz. They have one or two USB 2.0 ports as well as basic security measures and a restricted network range.

    Which One To Buy?

    We have compiled a list of critical elements that will ensure you get the best performance out of your router. However, the following critical question is which one you would require. Do you require a WiFi router with a 5GHz band, or do you require a WiFi Mesh router for a greater area? Or would you be OK with a standard router with a 2.4GHz band?

    The solution is in your goals. If you’re looking for a router for a large workplace with a lot of employees who use a lot of bandwidth, the default router from your ISP might not be the best option. Furthermore, network congestion may not be beneficial on a standard router. For constant performance, you may need to purchase a 5GHz router.

    Meanwhile, if you’re only using it for your little family, any basic router will suffice. Spend less on specifications and more on dependability and ease.

    In Nepal, you may purchase routers ranging in price from NRs. 2,000 to NRs. 15,000 or above. The major brands that offer numerous routers in various classes include TP-Link, Digicom, NETGEAR, and others. Mesh routers and repeaters are also available from several online retailers. As a result, first decide what features you want in a router before parting with your money. Having the greatest Wifi router is one strategy for increasing your internet speed.

    Which WiFi router are you currently using? Are you happy with its signal range and performance, or do you intend to replace it? What features in a decent wireless router are most important to you? Please share your thoughts in the comments box below.

  • Mero Kitta launched – An online digital map print service

    Mero Kitta launched – An online digital map print service


    Landowners no longer need to go to the survey office to get a printed map for the purpose of building a home, constructing buildings, or buying and selling after the launch of ‘Mero Kitta.’

    The Ministry of Land Management, Cooperatives, and Poverty Alleviation’s Department of Surveying and Mapping has begun offering online services as of today.

    At a formal ceremony held at the survey department on Thursday, Prime Minister KP Sharma Oli switched on automated software related to land administration, officially launching the device.

    With the aim of providing services online, the department has launched Nepal Land Information System (NeLIS) and Mero Kitta today.

    Through the ‘Nepal Land Information System,’ the government will provide map printing, field book printing, and other services to clients right from their homes.

    According to the government, the program was started to make survey office services more technologically friendly, hassle-free, efficient, fast, and successful.

    The government, according to Prime Minister KP Sharma Oli, has been concentrating on attracting new investment and technology.

    “Both offices are identical. Prime Minister Oli said, “We have changed the way we operate.”

    The Mero Kitta program, according to Shivamaya Tumbahangphe, Land Management, Cooperative and Poverty Alleviation, has been launched to eliminate delays at the Land Revenue and Survey Office.

    He explained that the Land Revenue and Survey Office’s decision to implement a paperless program is in line with the government’s Digital Nepal initiative.

    Teknarayan Pandey, Secretary at the Ministry of Land Management, Cooperatives, and Poverty Alleviation, stated that the online service was launched to eliminate the requirement of queuing in the real estate sector.

    Secretary Pandey said, “The current migration trend must resolve the problem of providing clients with services from every local Land Revenue and Survey Office.” “Real estate transactions can be completed over the internet.”

    He explained that for digital verification, you must often be present, otherwise it would be done online.

    18 of the 126 survey offices around the country are yet to go online.

    According to the government, all offices will be able to provide online services and conduct business by the end of the year.

    According to Pandey, the ministry has begun work on making it possible to view the entire history of land on the internet.

    Institutional transactions, banks, and even small businesses can conduct business online, according to him.

    Prakash Joshi, Director General of the Survey Department, said that the service would be available in the survey offices of Kalanki, Dilli Bazaar, and Bhaktapur starting today. It will be available in the offices of Chabahil, Lalitpur, Manmaiju, Tokha, and Saankhu within a day or two.

    blankWhat is Mero Kitta? How to get Mero Kitta service?

    Mero Kitta is a web application that allows you to access some of the services offered by survey offices through the internet from anywhere.

    Map printing, plot register printing, field book printing, and field drawing application can all be achieved with the Mero Kitta method. To use the Mero Kitta scheme, clients must have a land ownership certificate and citizenship.

    To get the service, ordinary users must go to Mero Kitta’s website and fill out an online application in the specified format. The OTP code is sent to the registered mobile number after the application is submitted. For the duration of the service, the code is needed.

    After verifying the service details with the offices, all information about the revenue sum to be billed is collected via SMS.

    Clients must have a mobile number and an OTP on the connect IPS platform in order to pay the revenue sum. Payment can also be made via banks using an online voucher provided by the system.

    Following payment, a digital copy of the map will be imported from the offices, and details will be sent to the smartphone. To obtain the chart, the client must download it within seven days using the registered mobile number and the office’s OTP.