Five years after iPod revolutionised the music distribution business, a fresh set of changes is about to happen

Five years ago, the music industry was revolutionised by the mind-boggling popularity of Apple’s iPod. Is the competition now catching up with the iconoclastic company? Will some unexpected developments make 2007 a year of another shake-up? The biggest of these changes will probably...

Foreign firms eye Indian broking business

The direct business beneficiaries of the scorching rise in stock prices are brokerage firms. From small fragmented regional ones to large organised corporate entities, most stock brokers are minting money. In fact, the scope and scale of the business has completely changed which has kindled foreigners’ interest. In 2005, Merrill Lynch increased its...

Credit card companies have a funny system of overcharging the customers in foreign currency transactions. You catch them and they promptly reverse it. If you don’t, they make crores through this malpractice

Last time, I wrote how it is prudent to keep checking your credit card account to avoid being dumped with a wrong transaction. Now, Rajiv Malhotra’s experience shows us another aspect of...