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bodhisutra
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@Shah01ankita (Not really trying to get into a fight with you - appreciate your point much!)
Totally agree with you that while selecting an internship, don't go by the biggest bundle of notes. Ditto for jobs.
From an intern's POV, he should indeed think of stipend as irrelevant.
However, from a company perspective, it is simply not honorable to get someone to work for you and not pay - even if the company is adding much more to the intern than just money.
Some things (infact, most that matter) are very simple - you ask someone to work for you, you pay. Black and white.

From India, Delhi
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