#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 […]
Amway to make India regional hub
#DirectSelling #MLM #MLMNews #Amway #PCMC Direct selling major Amway plans to make India an export hub for its operations in Middle East and South Asian countries, even as its business growth here has slowed down due to lack of clarity for applicable regulations. The company also said there is an urgent need for detailed regulations […]
Amway says E-commerce to contribute half of sales in future
#Amway #TamilNadu #Sales #DirectSelling #MLM NEW DELHI: Direct selling company Amway, which is aiming Rs 6,000 crore turnover by 2020, today said it expects its e-commerce platform to contribute half of its sales in the future.
The Indian Direct Selling Association – IDSA
The Indian Direct Selling Association (IDSA), a body that governs 18 of the largest direct selling companies in India. Right now there is no law on mlm in India. Due to the absence of proper law to understand MLM, lot of direct sales companies are facing problems. IDSA wanted the government to enact a law […]
R M Sirbu appointed as new MD for Avon India
Avon India appointed Romulus Marian Sirbu as its new Managing Director for the indian operations. His appointment became effective from July 7, 2014. His main focus will be the strategic and sustainable growth of Avon’s indian market. Prior to this, for 12 years Sirbu worked with Avon in central and Eastern Europe. His extensive knowledge and global experience will help develop […]