#DirectSelling #Retail #Amway #Oriflame #Tupperware The past history of direct marketing dates back to the days, perhaps, when we used to acquire vegetables as well as family products from the cart vendors. Gradually, the principle as a tool of selling gained approval, yet, the section has actually not attained its best position in the country. […]
Three QNet representatives arrested in Mumbai
#Crime #QNetcase #MLM #SayanChatterjee #SameerNaik #AbhinavSharma #arrested On wednesday, three more representatives of QNet, mlm company allegedly involved in a Rs 425-crore fraud have been arrested from the mumbai city. The accused arrested are Sayan Chatterjee, Sameer Naik and Abhinav Sharma. “The accused were produced before a court which remanded them in police custody till […]
Alert issued against ponzi mlm schemes by Reserve Bank Of India
#RBI #MLMScam #PonziScheme Lots of fly by night ponzi mlm schemes have duped millions of investors in India. On Thursday Reserve Bank of India notified investors against MLM companies that promise high returns and run on hefty member subscription fees. Any break in the chain leads to the collapse of the pyramid, and the members lower down […]
NMart properties attached by Andhra Pradesh CID
#AndharaPradesh #CID #CorporateFraudsWatch #CrimeInvestigationDepartment #KolliRaghuramReddy #GopalSinghShekhawat In a fresh move, Surat based mlm company NMart’s properties got attached by the Andhara Pradesh CID. In total, fixed deposits of 2,61 crore and properties worth of Rs. 9.27 crore were attached in the process by the AP, Crime Investigation Department.
Win A Beauty Bundle Worth £250 From The Direct Selling Association
To end the year on a high, the Direct Selling Association has teamed up with HuffPost UK Lifestyle to offer TWO readers the chance to win a pampering and beauty bundle worth £250 each. The beauty goody bags will be filled with everything from rehydrating rose daily moisture by Neal’s Yard Remedies to massage cream, […]
QNet seeking court intervention to challenge the ban
QNet franchise moves court against ban #QNet #CafeCoffeeDay #VihaanDirectSelling #MLMScam Almost 2 months after the Mumbai authorities ordered cafe Cafe Coffee Day (CCD) to close doors to representatives of Hong Kong-based MLM company QNet. Now one of its franchises has actually challenged the restriction in the Karnataka high court. Vihaan Direct Selling (India) Pvt Ltd […]
Indian Direct selling sector anticipates higher growth
#IDSA #PHDCCI #DirectSelling #MLMNews The Indian Direct Selling Association (IDSA) on Thursday stated the direct selling industry is again moving forward this year as compared with an adverse growth in 2013-14. The IDSA in association with PHD Chamber of Commerce (PHDCCI) released the yearly survey record for 2013-14 on the direct selling sector, according to […]
IDSA seeks uniform central regulation for direct selling
#DirectSellingIndustry #IDSA #ChaviHemanth #MLMNews Today IDSA highlighted the demand for a Central Government-driven uniform structure to control the Rs. 7,500-crore market, which is now going through tough times as a result of different line of thinking in some states against the direct selling sector.
Consumer Protection Authority open to regulate e-commerce, direct selling
#DirectSelling #RamVilasPaswan #MoneyCirculationSchemes #Amway A Consumer Protection Authority after amending the Consumer Protection Act (1986) was suggested by some representatives at the first meeting of an inter-Ministerial group chaired by the Ministry of Consumer Affairs (MoCA) to iron out issues related to regulating the e-commerce and direct selling space.
Amway’s fortunes dip in India
#Amway #MLM #DirectSelling #WilliamPinckney Amid its run-ins with the police over direct-selling model, firm’s net profit falls 20% in FY14, revenue down 8% Amway, India’s largest direct-selling company, despite an annual drop of 20% in net profit and 8% in turnover in 2013-14, continues to be bigger than fast-moving consumer goods (FMCG) giants like Gillette […]