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  • Amway Measures 16 percent Hike in Odisha

    Amway Measures 16 percent Hike in Odisha

    Amway Group, India has presented a 16 percent of hike in the Odisha state during the financial year 2013.

    The well-known international network-marketing group pronounced this news at a press conference in Odisha. According to the vice president of the east zone Mr. Diptarag Bhattacharjee, Odisha has appeared as one of the prominent state among the chief 10 states of India regarding development and business prospects.

    There was also an announcement for the launch of a new line of summer colors under the brand Attitude in Odisha and in the eastern province. Bhattacharjee mentioned, “The latest launch of ‘Attitude Summer colors’ delivers a larger choice of colourful cosmetics for every user. The motive for the new launch aims on youth section and to grab a strong holds on the beauty section of Amway.”

    The conference also had the presence of other known Amway dignitaries like, Bishnu Prashad Mohapatra (Amway India Area Manager, Odisha), Sarbani Bhattacharya (Manager, Corporate Communication, East).

    In the year 2013, the Amway India group recorded a remarkable turnover of Rs 2,169 crore. The hike measured was of 20 percent compound annual growth rate in a five-year duration between 2008-2013.

    Amway India is targeting to cross the Rs 5000 crore position of profit in the next five years.

    Amway Corporation is the leading direct selling FMCG Company with worldwide revenue of approximately $ 12 billion.

     

  • Top MLM Scams That Took In India

    Top MLM Scams That Took In India

    Due to the lack of legal framework in India for mlm companies, lots of ponzi schemes have looted gullible people in India. Still some of them have disguised with different names and business plans from time to time.

    Here is the list of some of those the scam companies.

    SPEAKASIA SCAM:

    The massive fraud made by the Singapore based marketing company Speakasia online limited encouraged a huge population of investors to enroll in a quick rich scheme and collected Rs 2,200 crore from 2 lakh people. (more…)

  • MLM Classified- A Creative Approach to Improve Marketing Strategies

    MLM Classified- A Creative Approach to Improve Marketing Strategies

    MLM Classified- A Creative Approach to Improve Marketing Strategies

     

    One of the easiest and profitable ways to generate leads for business is promoting through online classified ads. This is a very low-cost and subtle MLM marketing approach.

    Just by using mere twenty appealing words and a proper image, anyone’s interest can be initiated regarding the subject, and it will end in making great returns for the targeted business. (more…)

  • IDSA appointed new officials for top designations

    IDSA appointed new officials for top designations

    The Indian direct selling association has assigned new officials for its top designations

    Ajay Khanna, Country Head of Herbalife International India has been assigned as the new Chairman of the association.
    Head-Corporate Affairs Rajat Banerji for Amway India has been elected as the Vice-Chairman of the IDSA.

    (more…)

  • Trouble Increasing For Herbalife: FBI and FTC Joins To Investigate Herbalife

    Trouble Increasing For Herbalife: FBI and FTC Joins To Investigate Herbalife

    Herbalife considered as the titan of network marketing is going under continuous inspection by the Federal Bureau of Investigation. The investigation is to catch company’s procedures of enrolling new distributors. The very famous business model of Herbalife an alleged “pyramid” scheme is considered to be the core of the inquiry. Federal Trade Commission has also joined to look into the company’s business model. (more…)

  • ForeverGreen FG Xpress Introduces the SOLAR STRIPS

    ForeverGreen FG Xpress Introduces the SOLAR STRIPS

    ForeverGreen Worldwide Corporation (FVRG), a leading provider of dietary foods  and various other healthy supplements, showcased its brand new product called SolarStrips on March 28, 2014. (more…)

  • EOW Opposes Michael Ferreira’s Bail Plea at the Court

    EOW Opposes Michael Ferreira’s Bail Plea at the Court

    Former billiards champion Michael Ferreira filled for anticipatory pre-arrest bail plea at the Mumbai court. But the same was challenged by Economic Offences Wing of Mumbai police. He is wanted in the alleged Rs 425-crore QNet scam . (more…)

  • Shreesurya Update: Pallavi Joshi Granted Bail by the Court

    Shreesurya Update: Pallavi Joshi Granted Bail by the Court

    Pallavi Joshi, co-accused in the alleged Shreesurya scam was given bail by the Nagpur bench of Bombay high court. The bail got approval, when the police informed the court that they do not need her for additional custody. Three pre-conditions were laid out for the bail, which includes, Rs1 lakh surety, surrendering of passport and she must take police permission before leaving Nagpur. (more…)

  • Prominent Lawyer Jagtiani appeared before EOW in connection with QNet

    Prominent Lawyer Jagtiani appeared before EOW in connection with QNet

    In connection with Qnet probe, Lawyer Haresh Jagtiani appeared before the Mumbai police authority. Jagtiani is famous for his  Bollywood celebrity clientele.

    It has come to light that Lawyer Haresh Jagtiani is one of the directors of a travel company called Bonvo Private Ltd, which is a franchise of QNet. (more…)

  • Thinking You are Too Old to Be A Business owner? have a look

    Mark Zuckerberg-inspired vision is absolutely simply a part of the entrepreneurship tale. Several business owners don’t even think about starting their own business untill they are in their 30s, 40s, as well as 50s, after years of job experience. (more…)