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How Finance Companies Can Reduce EMI Default Risk on Smartphone Financing
Image sourced from the Digital Frontiers Institute. In a dynamic world driven by innovation and automation, every sector, whether industrial or not relies heavily on the latest technologies. Smartphones are amongst the popular mobile devices that everyone wants to own. The incessant demand for buying smartphones and other mobile devices has given rise to propositions such as device financing. Device financing allows users to spread out their payment for the purchase of smartphones and other devices into smaller fragments that can be paid over a fixed duration. This makes it possible for users to buy the latest devices despite their high costs without burning a hole in their pockets. Who are device financers? Original Equipment Manufacturers (OEMs) or device resellers are generally those wh...
Bhaskar Menon, Legendary EMI and Capitol Records Head, Dies at 86
In the 2003 documentary The Making of the Dark Side of the Moon, Pink Floyd drummer Nick Mason acknowledged Menon’s outsized influence on the album’s success. “The story in America was a disaster, in that we really hadn’t sold records,” he said at the time. “And so they brought in a man called Bhaskar Menon who was absolutely terrific. He decided he was going to make this work, and make the American company sell [Dark Side of the Moon]. And he did.” Born Vijaya Bhaskar Menon in Thiruvanthapuram, India, on May 29, 1934, to father KRK — a notable civil servant who would go on to serve as India’s first Finance Minister — and mother Saraswathi, Menon would form a love of music via the Indian ragas his mother played in their home growing up. After earning his master’s degree f...
