What is Micropayment

So, what is a micropayment? It is a non-cash transaction — using mobile phones or swipe cards — involving payment of less than Rs 250. The basic objective is to enable small purchases without using cash. For example, a villager buying soap worth Rs 20 should be able to pay for it from his mobile. [...]

Quote : Credit Crunch

"What worries me most about the credit
 crunch is that if one of my cheques
 is returned stamped "insufficient funds",
 I won't know whether that refers to mine or the banks!"

10 Companies gain Rs 66,000 Cr in MCap

Amid these troubled times Indian economy is going great guns. Last week the country’s 10 most valued firms witness an addition of over Rs 66,000 Crore in their market capitalization. It included 6 public and 4 private sector companies. Reliance Industries again hit  Rs 2 trillion valuations.
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Steve Jobs dating game – 1983

Watch the video…

More I learn about Steve Jobs more I admire him. It was a PR stunt, it really worked then. Look at the faith Bill Gates had in Macintosh platform, so did everyone then.
Little did Jobs (or for that matter Bill Gates) know then that few years later, the same [...]

Credit crunch boosting ‘lipstick effect’

The recent global meltdown has seen an upswing in what is known the “lipstick effect”, as sales of cosmetics are rising with more women trying to cheer themselves up by spending in make-up rather than cars, holidays and kitchens.
Economists have said that due to the financial crisis, people are steering away from making extravagant purchases [...]