Amway

The crucial question is whether recruiters of direct sellers earn a commission from the very act of recruiting or not. If they do, the scheme entails fraud. If the act of recruitment does not generate any income for recruiters or their recruiters up the pyramid, there is no fraud

Explained: How is direct selling different from pyramid scheme and why has ED attached Amway India’s assets

The Enforcement Directorate (ED) on April 19 accused Amway India of running a “multi-level marketing (MLM) scam” and attached its assets worth Rs 757.77 crore. This is not the first time that Amway India has been accused of running a ‘pyramid scheme’. Read on to understand how direct selling is different from pyramid schemes and why has the ED attached Amway India’s assets?

Amway plans to invest Rs 170 crore over 2-3 years in India

The company also plans to strengthen its nutrition portfolio, which accounts for over 60 per cent of its revenue, by exploring adjacent and expanded spaces around the nutrition segment.

ITC, Amway enter into strategic partnership; to introduce products in health, immunity space

As part of this, ITC on Thursday introduced 'B Natural+' range of fruit juices, which would be distributed exclusively by Amway using its direct selling network for a limited period of time.

Women entrepreneurs key to Amway's future in India: Global CEO Milind Pant

The company, which has set a target of helping "a billion people live healthier" by 2029 under a 10-year plan to mark its 70th anniversary, currently has women accounting for around 60% of the 5.5 lakh-odd distributors it has in India.

Amway aims up to 12% of India business from consumer durables segment

Amway India, as part of expansion of its product portfolio, also announced foray into emerging home air purifier segment and aims to clock sales of around Rs 100 crore in the next 12 to 18 months.

How Amway became India’s top direct selling company; built trust, entrepreneurship

The following article is an initiative of Amway India and is intended to create awareness among readers

India could be third largest market for Amway in a decade

China tops Amway's global market with $2.5 billion in annual revenues, while India ranks seventh below Korea, the US, Japan, Thailand and Taiwan.

Expect India to be huge growth driver: Amway

The company also aims a sustained double-digit growth in the next five years in India, a market which it is expecting to break into its top-five global markets in the mid to long term.

Amway forays into herbal skincare segment, targets Rs 500-cr sales by 2025

In the next six years, the company expects its Attitude range of skincare products to become a Rs 500-crore brand accounting for 10 percent of its total sales.

Amway drags Flipkart to court for selling its product 'illegally': Report

Amway has alleged that Flipkart 'contradicts' India’s guidelines that mandate e-commerce companies to seek prior permission from direct-selling companies before listing their products online

Amway opens 2nd BPO training unit for visually impaired in Tamil Nadu

The new centre is the second such facility to be set up in Tamil Nadu by Amway India after the first in Madurai in 2013, which has trained more than 300 students.

Amway plans to scale up organic farming in India

Direct selling major Amway is planning to scale up organic farming to source ingredients for its foods supplements brand Nutrilite for both global and Indian operations, according to a senior company official.

Amway wants govt to reduce GST rate on food supplements

Global direct selling major Amway today batted for reduction of GST rate on food supplements saying prevention of health issues must also be given similar importance as curatives.

Direct sellers mull steps to check online sales sans consent

Direct sellers such as Amway, Tupperware and Network Communications, are mulling steps to prevent the selling of their products on online marketplaces without their consent in the wake of new guidelines issued by the government.

Amway says it doesn't charge entry, exit fee from distributors

The US-based direct seller Amway today said it does not charge any entry or exit fee from its distributors against the backdrop of the government's decision to ban any such fee.

Market extends gain for second week, up 265 points

The benchmark BSE Sensex extended its rise for the second consecutive week, gaining 265.14 points to finish at 28,797.25, while the broader Nifty rose 57.05 points to close at 8,866.70.

Skilltree Workplace Excellence 2015

This episode of Skilltree Workplace Excellence 2015 puts the spotlight on the work culture at Microsoft India. Also unravels the multifaceted business conglomerate and a financial super market the Muthoot Group and also get a sneak peak in India‘s leading direct selling FMCG company Amway.

Amway India's first manufacturing plant goes on stream

Amway India, the subsidiary of the US-based Amway Corporation, has set up the factory at SIPCOT Industrial Park in Nilakottai, Dindigul district, on 50 acres. With an investment of Rs 550 crore, the facility would create 500 direct and 1,000 indirect jobs, an official release said.

Amway signs Farhan Akhtar as Nutrilite brand ambassador

The fact is a majority of people are not consuming the World Health Organization's minimum recommendation of five servings (400 grams) per day of fruits and vegetables, thus missing out on important nutritional benefits.

Amway eyes Rs 6,000 cr revenue from India ops in 10 years

Even as direct selling has seen a significant downturn globally, Amway has bet big on India and has invested in a Rs 600-crore manufacturing plant despite several regulatory hurdles plaguing the sector.

No one knows real value of Cloud yet

Sanjay Malhotra, CIO, Amway in an interview with Monycontrol.com discusses how IBM can help you improve recovery times for applications running on both virtualised and non-virtualised servers.

Clearer laws on tackling fraud schemes soon: Pilot

Pilot's comments come against the backdrop of global direct selling firm Amway's India Chairman William S Pinckney and two company Directors being arrested by the Kerala police over allegations of fraud.

Amway India Chairman, two Directors granted bail

The complainants accused the company of its failure in ensuring the promised benefits to those who joined the network marketing business.

Amway India Chairman, 2 Directors sent to 14 days custody

Amway India Chairman and its two Directors were remanded to 14 days custody after they were booked under the Prize Chits and Money Circulation Schemes (Banning) Act based on complaints in 2011.