The no of online shoppers is rising in India. Thanks to the deep discounts offered by the e-commerce companies in past. At one point the future of e-commerce in India was looking very bright. The e-commerce is undergoing major changes after govt restricted total sales from group company or single vendor at 25%. Therefore, after the new regulations came into the picture the discounts for online shoppers disappeared. In my opinion, 99% of the online shoppers failed to notice the same :). Still, the e-commerce marketplace found new ways to offer very controlled discounts. Anyways this post is not ... Read More
Is Reliance Jio Mobile Connection Financially Beneficial for User
You might be wondering that topic on Reliance Jio mobile connection is slightly offbeat for this forum. The tagline of this blog is "Smart Ideas for your Money". I try to cover each and every topic linked to the money. In past, i shared a review of Xiaomi Redmi Note 3. Trust me after 4 months of use i can conclude that it is the best value for money mobile phone under Rs 10,000. The launch of Reliance Jio mobile services created a lot of buzz and traction among mobile users. You can gauge the impact of launch from the fact that telecom stocks lost 13,000 Cr market cap on the day of Reliance ... Read More
Mobile App Business – 5 Reasons why it is unlikely to succeed
Mobile App Business is the latest buzzword in the startup space. As of now, i know a lot of clients working in this domain. Sometimes i wonder why so much euphoria and enthusiasm around Mobile App Business. It is difficult to say whether it is a herd mentality or sound business logic behind the same. Another possibility is that we are thinking ahead of times. According to rough estimates, there are approx 2Mn mobile apps available on the Android platform. If you are planning a Mobile App Business then you have to compete with 2Mn apps. Whereas, on a handset, you can install max 5-6 mobile ... Read More
Banking Transactions – Are they really SAFE?
A couple of my recent Banking Transactions inspired me to write this post. Despite the efforts from RBI, the fraudulent transactions are on the rise. The fraudsters take advantage of a loophole in Banking process to exploit the same. For ease of understanding in this post, i will refer all the transactions i.e. Credit Card, Debit Card or Net Banking as Banking Transactions. Most of the frauds are carried out from outside India so that the fraudster remain out of the clutches of India Law. Big frauds hog limelight in newspaper reports but the majority of frauds are of small value. Some time ... Read More