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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Dial M

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