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QNet's franchise challenges ban on entering Cafe C....
Mumbai:Nearly two months after Mumbai Police ordered popular coffee shop Cafe Coffee Day (CCD) to shut doors to representatives of Hong Kong-based multi-level marketing company QNet, one of its franchises has challenged the ban in the Karnataka High .....
CPA Suggested to regulate direct selling
New Delhi:A Consumer Protection Authority(CPA) 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 i.....
Direct selling industry expects higher growth in s....
Hyderabad:The Indian Direct Selling Association (IDSA) said the sector was looking up again this year as compared with a negative growth in 2013-14.

The IDSA in association with PHD Chamber of Commerce (PHDCCI) released the annual survey r.....
IDSA favours central law to regulate direct sellin....
Hyderabad:The Indian Direct Selling Association representing 19 entities such as Amway, Tupperware and Oriflame is hopeful of a Central law to regulate the industry to materialise shortly with the Union Ministry of Consumer Affairs setting the proces.....
Govt planning to regulator for direct selling
New Delhi:An internal committee of the consumer affairs ministry is set to meet on 8th Dec to deliberate on the requirement of an independent regulator for the direct selling sector, Ram Vilas Paswan, Union minister of consumer affairs, food and publ.....
Direct selling sales growth falls to 4.3% in 2013-....
New Delhi:According to a report by Indian Direct Selling Association (IDSA) and PHD Chamber of Commerce and Industry, gross sales touched Rs. 7,472.2 crore in the year under review from Rs. 7,164.1 crore in the previous year.

“Over the rec.....
RBI sets up M I units to fight ponzis
New Delhi:In a move geared to combat shadow banking through increased vigilance and intelligence gathering, the Reserve Bank of India (RBI) in a recent organisational revamp, has set up market intelligence (MI) units across 16 out of 19 regional offi.....
Ficci to be organize direct selling event"Direct 2....
New Delhi:Federation of Indian Chambers of Commerce and Industry(FICCI)is organizing for its annual Direct Selling mega event “DIRECT -2014”, on 4th December, 2014 at New Delhi, the first ever mega event on Direct Selling Industry after MARK ‘e’ DIR......
PCMC act may be taken up in the winter session
New Delhi:According to senior officials in the finance ministry, the bill on multi-level marketing (MLM) companies is “being fine-tuned and a Cabinet note on MLMs will be soon circulated for comments”.

The sources added that the changes in.....
West Bengal to regulate direct selling
Kolkata:West Bengal will take a formal view of regulating direct selling business after the Centre comes up with the broad legal framework for regulation of the sector.

West Bengal Minister of Consumer Affairs, Sadhan Pande this said on Th.....
E-tailers&Diret selling may come under consumer pr....
NEW DELHI: The consumer affairs department has moved a Cabinet proposal to bring e-commerce through all electronic modes, including through e-tailers such as Flipkart, Amazon, makemytrip, bookmyshow, and even direct selling under the consumer protect.....
FICCI seeks regulatory clarity for direct selling ....
AHMEDABAD: Globally, Direct selling involves 90 million individuals and is a $180 billion industry. In India, it is Rs 7000 crore market. It is a people intensive industry offering a self-employment opportunity to individuals, said Rajat Banerji, Co-.....
Direct selling industry can touch Rs 64,500 crore ....
Once clear regulatory guidelines are in place, the direct selling industry has the potential to touch Rs 64,500 crore in turnover by 2025, from a Rs 7,200 crore size now, felt industry experts.

Talking at sidelines of the Federation of Ind.....
Tupperware plays games to hook customers
New Delhi:This festive reason, Tupperware came out with a special range of products for a perfect gifting option. To promote the festive collection among the right target group and to generate leads for future sales, DDB MudraMax executed an on-groun.....
Amway eyes on NE states
With anti-ageing beauty products market in India fast growing, direct selling company - Amway - is eyeing big in North-East. The company is expecting the region to substantially drive its anti-aging beauty product sales growth.

The company.....
Mobile shopping set to drive e-commerce in India
The online retailers are taking the smartphones route to tap the market opportunity offered in Tier-II and Tier-III cities. Most leading players expect 90 per cent of their online shopping to come through smartphones and tablets within the next few y.....
Cafe Coffee Day ordered to slam doors on QNet
MUMBAI:As part of efforts to stop alleged illegal activities of Hong Kong-based multi-level marketing company QNet, accused of involvement in a Rs 425-crore fraud, Mumbai police has ordered popular coffee shop Cafe Coffee Day (CCD) to shut doors to r.....
Government proposes FTIL-NSEL merger
MUMBAI: The government proposed a merger of the National Spot Exchange (NSEL), the failed commodities trading bourse, with its parent Financial Technologies (FTIL), to pay back about Rs 5,600 crore to investors who had traded on NSEL till it went bus.....
EOW raids at QNET office in Bangalore
Bangalore:Mumbaieconomic offences wing (EOW), probing the Rs 425 crore cheating case involving marketing firm, QNet, raided the firm's office in Bangalore and downed its shutters. Meanwhile, a bank account belonging to a PR firm which was dealing on .....
Government plans to check ponzi schemes
NEW DELHI: To check ponzi menace, government plans to bring in a tough set of norms to regulate money- circulation and pyramid marketing businesses involving corpus of less than Rs 100 crore wherein those running illicit schemes would face large pena.....
   
 
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