Amway India, direct selling FMCG company, prepares to operationalise its brand-new production facility at Nilakottai in Tamil Nadu by 2015. The building at the site has already begun and the industrial operation at the center is most likely to commence by mid-2015,” said Diptarag Bhattacharjee, vice-president, east, Amway India. Total investment in around Rs 500 […]
Tupperware Looking Forward To get into Online Sales
US-based direct sales company Tupperware is eyeing the online platform to sell its range of storage containers. Asha Gupta, Managing Director, Tupperware India, stated, “Since we already have about 1 million fans on our Facebook page, we want to take advantage of this by creating apps to recognize the nearby distributor for our clients. We […]
Amway positive of accomplishing Rs. 6,000 cr turn over by 2020
Amway India is aiming to attain Rs. 6,000 crore turnover by 2020. Attending media-persons by William S Pinckney, MD and Chief Executive Officer, Amway India at company’s contract manufacturing facility on Thursday, said:. “Direct selling market in India is showing a healthy and balanced development, which is in around 22 %.”. “Besides, world-class high quality item, allowing internet […]
Nmart: Police Again Arrested Gopal Singh Shekhawat
Gopal Singh Shekhawat, MD of NMart was again arrested and taken into custody by the Aurangabad police. He was arrested for alleged cheating case. This time he was wanted by the Kranti Chowk police, where a group of 39 people had lodged a complaint against him. Shekhawat, had earlier surrendered before the Ongale court in Andhra Pradesh in […]
MLM distributors In Kerala to Stage Hunger Strike on Onam Festival
KOCHI: People who are associated with MLM sector in Kerala are facing regular harassment by the authorities. Specially women distributors and families of workers of network marketing business will go on a protest throughout ‘Onam’ festival on September 16 in front of the secretariat in Thiruvanathapuram. As a last hope, women distributes and others associated […]
QNet India CEO Suresh Thimiri: I Have No relations with the company
QNet India’s CEO Suresh Thimiri, in his anticipatory bail application has denied any relations with the MLM company and its representatives! The case of QNet, the Hong Kong-based controversial multi-level marketing (MLM) operator is taking various twists every day; but this one will shock its tens of thousands zealous subscribers and distributors as well. Suresh […]
QNet India Update: Mumbai Economic Offence Wing Freezes 45 Crore
Economic offences wing of Mumbai police froze 2 bank accounts that have Rs45 crore in balance of QNet. Meanwhile, the police custody of Manjunath Hegde, apprehended in the exact same case has actually been extended. Economic offences wing (EOW) of Mumbai authorities, which is probing QNet has frozen two bank accounts related with the Hong […]
Nabajit Das MMM India Agent Died In Police Custody
Nabajit Das was among others who were arrested in Assam in connection with MMM India. He died inside the high-security Arthur Road Jail allegedly due to a heart attack. Nabajit Das was jailed in barrack no. 3, died after suffering from a suspected heart attack around 4.30am and later he was taken to a hospital to […]
Amway India Post 20% growth in 2012
Amway India made a turnover of Rs 2288 crore for the fiscal year 2012 with growth of over 20 %. In 2012 Amway did Rs 100 crore business from Gujarat, against Rs 85 crore in 2011 and Rs 67 crore in 2010. Sandeep Prakash, Associate Vice Head of state, Amway India West stated, “The double-digit growth […]
Kerala Government Soon To Pass Bill To Regulate MLM
Soon Kerala will become the first state to pass law on MLM industry in India. The bill on MLM will be presented in the assembly in coming session. All the aspects related to the control and the operations of MLM companies in Kerala has been discussed and same to be presented in the assembly during […]