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Amway, an American company that popularised direct sales at a mass level in India, has got into criminal cases related to money-laundering and running pyramid or money-circulation schemes. The Enforcement Directorate has alleged it of promoting a pyramid scheme, ET has reported. The ED has alleged that the company “was running a multi-marketing scheme and money-circulation scheme to collect money from subscribers”. ....
Vivek Katoch gets the command of IDSA Chairman, Harish Pant Vice Chairman tehelka.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tehelka.com Daily Mail and Mail on Sunday newspapers.
India scales to 11th place in global direct selling ranking uniindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from uniindia.com Daily Mail and Mail on Sunday newspapers.
India has moved up to 11th position in the ranking of top markets of direct sellers, with retail sales of USD 3.23 billion (around Rs 26,852 crore) in 2022, global industry body WFDSA said in a report. Indian direct selling has registered a growth of 5.4 per cent over 2021 retail sales, said the World Federation of Direct Selling Association (WFDSA) report. ....