Blog

Amway India Established a BPO for the Visually-Challenged at Madurai

Amway India took one step further, when it comes down to social corporate responsibility in India. Amway India’s, the Amway Opportunity Foundation (AOF), in collaboration with the Indian Association of the Blind (IAB), established a business process outsourcing (BPO) solely for the visually-challenged.

The BPO, situated on the IAB university in Madurai was inaugurated by Justice D Stanley David and Sujoy Bose, associate vice president (South), Amway India & Amway Opportunity Foundation.

Piloted in 2011 by IAB, the job, with a head count of 15 came to existence when it was bought from company who is in telecom business.

In the last couple of years, the visually hindered workforce of the IAB BPO had once again showed their capacity without jeopardizing on top quality, procedures and innovation, stated AOF

The brand-new BPO came up with the help of the AOF, the CSR arm of Amway. The BPO prepares to broaden to 200 seats in the next one year and aims at providing employment to 60 individuals.

In Tamil Nadu, there are as many as 700,000 visually-challenged individuals across any age groups.

Besides works from the government and the public sector including training, banking, they are entailed in numerous industries varying from conventional works such weaving, tailoring, chair-canning, candle manufacturing, type-writing to the modern day work such as clinical transcription, BPO/call facility, fundamental engineering works, binding and packing, said the firm.
First they ignore you, then they laugh at you, then they fight you, then you win
First they ignore you, then they ridicule you, then they fight you, and then you win. – Mohandas Gandhi
When you want to succeed as bad you want to breathe, then you’ll be successful
Well, being successful does not mean only money or material things. Success can mean in relationships, your physical health and fitness, academics… there’s a wide array of things one can strive to be successful in… not just money.

When you want to succeed as bad you want to breathe, then you’ll be successful
Deadline Set for the SFIO by the Corporate Affairs Ministry To complete probe By December

The Serious Fraud Investigation Office has actually been provided time till December for completing its probe into the alleged fraud by 54 companies and that includes Saradha group as well.

A special task force of the SFIO recently sent an interim report to the Corporate Affairs Ministry related to this matter.

A deadline has also been set for the SFIO by the Corporate Affairs Ministry till December for completing the probe.

SFIO, which comes under Corporate Affairs Ministry, was asked in the month of April this year to look deeply into the issue, following huge public outburst over the scam perpetrated by Kolkata-based Saradha group that fooled investors with crores.

Aside from Saradha group firms, SFIO is also probing the companies of various other groups, consisting of Rose Valley, Icore E-Services and Sunlight India Land Developers.

In total fourteen Saradha group entities are under SFIO’s scanner featuring Saradha Realty India, Saradha Agro Development, Saradha Exports, Saradha Construction Company and Saradha Garden Resorts and Hotels.

Other than this, 9 bodies from Sunshine India Land Developers group, 11 from Icore E-Services Ltd group and 19 from Rose Valley group are being probed.

Last month, Corporate Affairs Minister, Sachin Pilot had pointed that the ministry, received one interim record (from the SFIO) on the 54 companies.

SFIO is facing lot of hurdles in getting data about the business under investigation, mostly because the entities under probe are not honest in sharing info.

Individually, an Inter-Ministerial Group (IMG) is working with tips to tackle the trouble of prohibited money raising activities or ponzi schemes that are spreading in different parts of the country.
MMM India Restarting, Yes You Heard it Right

In the recent video uploaded on MMMIndia.in, Sergey mavrodi of founder of МММ (Mavrodi Mondial Moneybox) announced that MMM India is going to get restarted soon. In the video message he announced, that the participant who joined earlier will get some portion of money they invested with MMM India system .

Yet it is not clear how they plan to restart MMM India and payback money to the people, who invested heavily. Now it is more than three months since the arrest of some of top MMM India leaders.

In the second video Alexey Muratov, shared that Mumbai police has not been able to prove anything against the persons who were arrested in connection with MMM India.
The Difference Between Linear Income and Residual Income

Directions are instructions given to explain how. Direction is a vision offered to explain Why – Simon Sinek

The Difference Between Linear Income and Residual Income

Linear Income: More than 90 % of individuals all over the world are accustomed to the income called Linear Income: trading time for money. For that reason they are not and never will be financially independent. Linear Income, also known as work income, suggests you receive a paycheck based upon just how much work you do. You have to put in certain variety of hours weekly. When you stop working, your earnings stops. Linear Income requires continued work.

Residual Income: Residual Earnings is different. It is the most powerful and successful income. Residual Earnings is the earnings of the rich. It gives income that keeps coming at a regular interval, from work you have already done – meaning even when you are not working. Recurring Income is not about “get rich fast” – the principal very much misinterpreted by lots of people. It requires effort, determination, particularly in the beginning … and time for the magic to begin working.
The dream is not that you see in sleep , dream is which does not let you sleep

The dream is not that you see in sleep , dream is which does not let you sleep. ~Dr. Abdul Kalam (Former President of Republic of India)

The dream is not that you see in sleep , dream is which does not let you sleep” These words– his own– have actually specified the life of Abul Pakir Jainulbadeen Abdul Kalam. From a young boy who sold newspapers to support his education to a scientist-engineer and finally Head of state of India, he has genuinely lived the dream. In fact, Kalam’s contributions to India’s satellite and missile programs made him a household name in India long prior to he became head of state in 2002. In the next 5 years, he endeared himself further to millions of people throughout the nation with his skill and speed, intellect and dignity.
Excellent Tips By Warren Buffet

1. Spend wisely:
If you buy things you don’t need, you will soon sell things you need.– Warren Buffett

2. Saving: Save for the unexpected
Someone’s sitting in the shade today because someone planted a tree a long time ago. – Warren Buffett

3. Think long-term and be patient:
“No matter how great the talent or efforts, some things just take time. You can’t produce a baby in one month by getting nine women pregnant.” – Warren Buffett

4. Risk:
Risk comes from not knowing what you’re doing. – Warren Buffett

Please share your views.
Coming together is a beginning; keeping together is progress; working together is success

Merely coming together or even staying together is meaningless unless there is the working together which can produce results. Thus, it is only the last that can be called success but the first two are necessary preparations for it.
A Survey Concludes Indian Direct Selling industry To Grow at Rs 10,840 crore by 2014-15

Market size of direct selling industry in India is expected to be over Rs 10,843 crore by 2014-15, according to a survey by India Direct Selling Organization(IDSA).

“The Indian size of direct selling industry is expected to expand from Rs 6,385 crore in 2011-12 to over Rs 10,843 crore by 2014-15 and Rs 34,000 crore by 2019-20,” the survey stated.

Around 18 companies involved in direct selling of products are members of IDSA.

As per IDSA quotes, distributors linked with the direct selling market in India are set to increase by upto 15 per cent over next two years, stated Jignesh Mehta of Amway India, a subsidiary of Amway Company, USA, which is a member of IDSA.

“We anticipate an addition of up to 7.5 lakh suppliers to the direct selling market in India by 2014-15,” he stated, including that at present around 50 lakh suppliers are linked to the sector.

IDSA has been demanding a different legislation for direct selling sector in India and its exemption from The Prize Chits And Money Circulation Schemes (Banning) Act, 1978.

In a feedback on requirement of clear policy framework for the industry, 73 per cent participants feel that the current standards presented in some states on the Indian direct selling market is a favorable step.

Nevertheless, 27 per cent of the business felt that carrying out these standards in only a few states could not suffice to erase deceitful practises and fly-by-night companies from the market.

States like Kerala and Rajasthan have vetted the draft of regulations, but there is very little clearness,-Mehta said quoting the report.

The survey findings have revealed that 83 per cent of the companies contribute to CSR tasks, while 17 per cent do not.

Blog

When you want to succeed as bad you want to breathe, then you’ll be successful