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More Energy Funds

Sector funds are usually underperformers as a category but suddenly they are popular again, now that several sectors are booming simultaneously. DSP Merrill Lynch has filed a prospectus to launch an energy fund but Sundaram BNP Paribas has beaten it to the punch. Its Energy Opportunities Fund is a three-year, closed-end fund that will invest in equities of companies in the energy...

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Editors' picks

Money & Banking

RBI Governor May Resign on 19th November for Health Reasons and Spat with the Mi...

Sucheta Dalal

ILFS Mess

Blackstone & Brookfield interested In IL&FS Headquarters. On...

Debashis Basu

ILFS Mess

IL&FS Scandal: GN Bajpai Resigns from the New Board, say Rep...

Moneylife Digital Team

ILFS Mess

IL&FS Mess: Did LIC Violate IRDAI Guidelines while Increasin...

Moneylife Digital Team

Investor Interest

Dial M

06 December 2007

Onmobile’s IPO is worth a long-term bet

Among the IPOs that are flooding the market, it is worth looking at Onmobile which is planning to raise some Rs500 crore. It is in an interesting company. Onmobile’s software expertise is behind the value-added services that the telecom operators offer you. The business has a huge growth potential. Here is our analysis.

Business: Onmobile provides...

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Investor Interest

I have seen many bubbles in my lifetime in Dubai as companies have come and gone

06 December 2007 Ram Buxani left Indian shores for Dubai in 1959 when there was no Indian Diaspora in the Gulf; Dubai had no power, water or airport and Buxani was just a good typist without a college degree, in search of a better life. Today, he owns a sprawling oceanfront bungalow in the posh locality of Jumeirah. Over the past five decades, his rise as a level-headed and conservative businessman has paralleled his reputation as a conscientious and sensitive voice for the non-resident Indians,&url=https://www.moneylife.in//article/i-have-seen-many-bubbles-in-my-lifetime-in-dubai-as-companies-have-come-and-gone/847.html" target="_blank" >

ML: We like to start at the very beginning – where were you born?
RB: I was born in Hyderabad, Sindh, which is now in Pakistan. When I was five years old, the Partition happened and we had to leave. Unlike Punjab and Bengal, which were divided into two and gave their people a choice of where they would want to stay, the people of Sindh did not have a choice. Sindh was a part of...

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