Dr Vander Nat and Dr Keep set the record straight & discuss how recent DSA report mainly appeals to truthiness, takes novel stand on key diagnostic for a pyramid scheme and runs contrary to recent case law This is a guest blog by Peter Vander Nat, Ph D, and William Keep, Ph D. Dr Vander […]
Amway starts pick-up centre at vadodara, Gujarat
Amway starts pick-up centre at vadodara, Gujarat Gujarat is one of the top five markets for Amway company in India. Country’s leading direct selling FMCG company – Amway India – on Wednesday upgraded its existing office at Anand to an express pick-up centre. The new set-up is a first of its kind in the country […]
FIR registered against Tupperware over mlm business model
An FIR was registered against the company officials for allegedly violating the Chits and Money Circulation Schemes Act Tupperware India, a leading kitchenware direct selling firm, along with its top honchos in India have approached the Punjab and Haryana high court challenging a first information report (FIR) by the Chandigarh Police for alleged violations of […]
Amway’s priority is to engage with the government constructively: Anshu Budhraja
#Tupperware #Oriflame #Microsoft #FSSAI #AnshuBudhraja #Amway Even after being engulfed in the controversial arrest of its CEO, Amway refuses to give up its promising Indian Market. It has decided to come back even stronger by engaging in constructive participation along with the Indian government. The GDP of India’s direct selling market is around 0.08 per […]
#Amway betting big on India, eyes Rs 6000 crore revenue
#Amway #DirectSelling Amway the largest American Direct Selling company, which has a significant presence in India, has decided to make its presence felt even more strongly. It is taking strategic decisions for the growth of the company by enabling its online marketing and sales. The company has already set up a manufacturing hub for nutrition […]
Herbalife India provided athletic training suits & apparel kits to Indian contingent of 2015
Herbalife India felicitates Indian contingent of 2015 Special Olympics World Games #Herbalife International India Pvt Ltd, a leading global nutrition company along with #Olympic Medal Winner, Mary Kom, felicitated the Indian contingent to the 2015 Special Olympics World Games, held from July 25-August 2, 2015, in Los Angeles, United States. As part of its support […]
Amway India and Nestle India among violators of manufacturing standards, says Health Minister JP Nadda
Amway India and Nestle India are among food business operators who have been found to have violated the regulatory and manufacturing standards leading to recall of their products or withdrawal of NoCs, the Ministry of Health and Family Welfare on Friday said. “The food business operators who have been found to have violated the regulatory […]
Women form a significant chunk of direct sellers in India
Direct selling, a lucrative opportunity for many While door-to-door selling is a common phenomenon is many localities, the numbers have increased indicating a rise in its potential, especially for women in India. Direct Selling provides accessible business opportunities to people looking for alternative sources of income, and whose entry is generally not restricted by gender, […]
Government holds the bill to check the ponzi scheme
The government has put on hold the review of the ponzi scheme bill,which was suppose to bring about more clarity to distinguish between a genuine MLM company and ponzi money circulating companies. A week after the arrest of Amway India chief executive Bill Pinckney, the Indian Direct Selling Association has sought amendments to the Prize […]
Cases of Corporate Frauds/Chit Fund Scams Involving Companies
The Ministry, during the last three years and current year, has ordered investigation into the affairs of 145 companies which were allegedly involved in illegal deposit taking activities. A State-wise list of these companies is enclosed as Annexure. In many of the cases where investigations have been completed, diversion of funds so collected and/ or default […]
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