Aug 23

Big Companies offering work at home / telecommuting jobs in India

Some news stories on big companies offering work at home / telecommuting jobs in India

http://www.expresscomputeronline.com/20080324/technologylife01.shtml

http://www.thehindubusinessline.in/ew/2008/04/21/stories/2008042150020100.htm

http://www.i4donline.net/articles/current-article.asp?articleid=2041&typ=Features

http://www.telegraphindia.com/1051011/asp/atleisure/story_5342890.asp

http://www.omamconsultants.com/milestones_detail5.htm

comments: 0 »
Jul 4

NEFT transfer

Posted in business, government

Information on NEFT transfer can be found at

http://www.rbi.org.in/scripts/FAQView.aspx?Id=60

NEFT transfers are disabled by banks on certain days of a month.

It takes 12-14 hours for the transfer to be completed, and a longer time if there is a backlog due to a bank holiday.

comments: 0 »
Jun 6

Paypal, Google and trade secrets

Posted in business, internet, law

It will be interesting to see how this lawsuit is resolved.

https://www.thepaypalblog.com/2011/05/paypal-files-lawsuit-to-protect-trade-secrets-a-reason-worth-fighting-for/

In the last few months, a lot of web hosting companies have started offering Google Checkout. Also if you use a HDFC Netsafe card for making payments using Paypal the transaction is likely to be cancelled, but if the same card is used with Google Checkout, it is accepted . However, Google Checkout is not as easy to use as Paypal.

comments: 0 »
Mar 17

Paypal India changes from March 1, 2011

For a few days after March 1, 2011, Paypal users in India got the following notification after logging in to their Paypal account.

Notification for PayPal users in India
With effect from 1 March 2011, you are required to comply with the requirements set out in the notification of the Reserve Bank of India governing the processing and settlement of export-related receipts facilitated by online payment gateways (“RBI Guidelines”).

1.Any balance in and all future payments into your PayPal account may not be used to buy goods or services and must be transferred to your bank account in India within 7 days from the receipt of confirmation from the buyer in respect of the goods or services; and
2.Export-related payments for goods and services into your PayPal account may not exceed US$500 per transaction. Click here to learn more.
Go to My Account

The notification did not appear for a few days, but it is now again visible.

Other than blocking mass payments , no other major changes have appeared in Paypal site for Indian users. Many personal and premier account holders have been able to send money from their account and receive money, though some Paypal business account holders have had the $500 restriction implemented and accounts limited. Paypal users who have written to Paypal support have been told that their accounts are being monitored. A similar rule seems to be implemented in  Turkey without advance notification with users unable to pay from Paypal balance.

Till January 2010, any Paypal user could have one business and one personal account as per Paypal’s Terms of Service. After Paypal wanted users to associate a PAN number with each account, some users had to choose between the business and personal account, since a PAN number could be associated with one account only.  With the new changes users now face the following disadvantages:
1. They are forced to withdraw at the prevailing exchange rate, earlier they could time their withdrawals to get the best exchange rate.
2. Higher exchange rates for payments in US$ -  Visa/ Mastercard charge around Rs 47/$ , Paypal charges approx. Rs 46/$ .

comments: 0 »
Mar 3

Unpaid contributors and internet companies

Posted in business, internet, media

Many internet companies have very high valuations and a major part of the value for some of these companies is created by  unpaid contributors.

http://www.nytimes.com/2011/02/14/business/media/14carr.html?_r=1&src=me&ref=business

Some platforms offer revenue sharing, but for most of the larger companies the content is created free of cost and the platform owner incurs the cost of hosting, promotion and moderation of the free content.

comments: 0 »
Feb 13

Slander

Posted in business, internet, law, media

From http://dictionary.reference.com/browse/slander

Slander : a malicious, false, and defamatory statement or report

Some quotes about the mindset of those who slander and / or spend their lives listening to slander

He that flings Dirt at another dirtieth himself most.
–Thomas Fuller (1654—1734)
English writer and physician.

A tongue prone to slander is the proof of a depraved mind.
–Publilius Syrus (85—43 B.C.)
Latin writer of mimes

Slander meets no regard from noble minds; only the base believe what the base only utter.
      – John Bellers

Reference :

http://www.giga-usa.com/quotes/topics/slander_t001.htm

http://www.someworthwhilequotes.com/SLANDERSMILES.html

comments: 0 »
Nov 18

Secure phone communication

Last  Saturday, I was speaking to someone  and  was surprised at the poor quality of  communication network.  I could not hear  what he  was saying  for a major part of the conversation and  it  seemed that his voice was changing suddenly.  

 With the increasing computerisation  of phone technology, it appears that it is  easier to intercept, distort and spoof  phone conversations on both mobile and landline phones.

These notes on  Intercepting communications  are very educative.

comments: 0 »
Nov 10

Book reading in India

Posted in business, internet

Unlike developed countries like USA, UK  and even other  countries like Russia , where millions of books are sold, reading books is not a popular activity in India.

From http://indiaedunews.net/In-Focus/April_2009/Book-reading_disappearing_in_India_-_Javed_Akhtar_7969/

“Do you know how books are selected in some of the homes in my city of Mumbai? They are chosen by interior decorators… by interior decorators! If you have brown-coloured furniture and carpet, you must have brown-coloured books,” the award-winning poet told sources.

Another article

http://expressbuzz.com/magazine/book-reading-a-dead-culture-in-india/65191.html

Reading books (and not just for exams) improves your knowledge and creativity and is important for innovation.   The quality of  India specific online content is quite poor and there is little incentive for  real experts to share their information online. Books may be expensive,  but they are worth spending money on.

comments: 0 »
Oct 30

Security concerns

Posted in business, cyberlaw, internet

If  you are trying to secure your computer and websites, it is very difficult to distinguish between hype and the truth and  choosing the wrong consultant/ expert/ software  could only aggravate your problems.

This website on  online security  has some interesting updates on security related news, companies and cybersecurity experts.

comments: 0 »
Sep 13

Declining credit card usage

Posted in business, internet

An RBI report  shows that  both the number of credit cards issued and credit card transactions is declining.

http://timesofindia.indiatimes.com/business/india-business/Credit-cards-out-debits-in/articleshow/6543407.cms

One of the reasons could be the poor customer support offered by certain banks issuing credit cards.

comments: 0 »
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