Died: Kali Homi Mody, 90, pioneer of the credit card system in India, in Bombay on March 11, 2013.
He came across as a fun-loving, humorous partygoer. But behind that easygoing facade was a pioneering business mind that brought the first credit card company to India. When Kali Mody took on the Diners Club franchise in India in 1960, one had to be invited to avail of the credit card facility. Only those with sound financial credentials were welcomed and presented a thick paper credit card that signified their membership to this privileged category.
That Kali initiated and managed such a high......