Monthly Archives: February 2010

Paypal resuming local bank withdrawals to India

Posted on February 27, 2010 by admin

It appears that Paypal will be resuming bank withdrawals to India by March 3, 2010, but business account holders will have to provide an IEC (Import Export Code) number. I got the following email today: Dear ***, We have been … Continue reading →

Posted in business, exchange rate, internet | 2 Comments

Media coverage of Paypal India problems

Posted on February 26, 2010 by admin

Most of the media coverage of the Paypal problems in the Indian media have been just about RBI stopping Paypal operations, not about the inconvenience caused to the lakhs of Indian account holders. If a small co-operative bank collapses, RBI … Continue reading →

Posted in business, government, internet | Leave a comment

Paypal India bank transfers

Posted on February 21, 2010 by admin

For most users of  Paypal,  there has been no major update this week on transfers from Paypal to Indian bank accounts. Direct transfer of funds from Paypal to Indian bank accounts is still not possible.  Paypal seems to be contacting  … Continue reading →

Posted in business, exchange rate, internet | 7 Comments

$4 million fraud at Wipro

Posted on February 20, 2010 by admin

Hacking / fraud at Wipro Most large companies dealing with physical products have a lot of internal controls and systems in place, every action is usually cross checked by people from at least 2 other departments. Things change in the … Continue reading →

Posted in business, crime, cyberlaw, internet | Leave a comment

Manual update of Awstats

Posted on February 17, 2010 by admin

If  you use Web hosting  with  CPanel, Plesk or DirectAdmin ,  the web statistics package Awstats is usually installed as a default option  for all the websites in the package. However, for some custom hosting configurations , you may have … Continue reading →

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Paypal alternatives for Indians

Posted on February 15, 2010 by admin

Bank transfers from Paypal accounts have been stopped since 27 January 2010. Some ad networks are not resending the payments or even replying to emails regarding payments reversed by Paypal, even though they were sent by Paypal Masspay to business … Continue reading →

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Look poor, keep a low profile

Posted on February 12, 2010 by admin

http://beta.thehindu.com/news/international/article102659.ece Victorian police chief Simon Overland has advised Indian students in Australia to keep a low profile and “try to look as poor as you can” There are several advantages of looking poor Fewer people are jealous,  so less attacks … Continue reading →

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Innovation, big companies and politics

Posted on February 10, 2010 by admin

This article on big companies and innovation – Microsoft’s creative destruction , explains why there is so little innovation at the largest companies in the world.  Big companies are able to attract the best and brightest talent in the world, … Continue reading →

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Paypal payment reversals for Indians

Posted on February 6, 2010 by admin

Paypal has been reversing payments made to Indians since February 1, 2010 . Though the email they send says Hello ***, Your payment of xx.xx has been sent back to the sender of the payment. We reversed this payment because … Continue reading →

Posted in business, internet | 1 Comment

Paypal withdrawal delay

Posted on February 4, 2010 by admin

There has been a delay in withdrawal of funds from Paypal to Indian bank accounts and Paypal has sent this mail. Dear ***, We are currently experiencing an issue processing withdrawals to Indian bank accounts. As a result, there may … Continue reading →

Posted in business, internet | 4 Comments