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WILLIAM S. PINCKNEY
Amway, ED and India’s direct-selling sectorAmway, an American company that popularised direct sales at a mass level in India, has got into criminal cases related to money-laundering ...
E-commerce companies may adapt to new FDI Rules: Doug DeVosDeVos dismissed a recent Morgan Stanley report that suggested Walmart may review its Flipkart investment following the new FDI rules.
HUL's e-comm play: Hindustan Unilever Network tests online waters with direct selling switch“The Hindustan Unilever Network business model has transitioned from physical servicing to an online ordering and fulfillment model,” an HU...
Amway India MD & CEO William Pinckney released on bailThe bail came two months after his arrest by Andhra Pradesh Police in connection with criminal cases registered against the firm in the sta...
Police arrest BMW Finance India head Stefan David Schlipf in cheating caseThe Telangana police arrested German luxury car maker BMW’s auto finance head Stefan David Schlipf following a complaint of cheating by the...
Amway CEO’s arrest: Direct sellers body calls for amendment to PCMC ActThe IDSA wants the govt to exclude the direct-selling segment from the PCMC Banning Act and differentiate it from pyramid and ponzi schemes.
Taking StockA round-up of those whose worth went up or down today.
William S Pinckney remanded to 14day judicial custody over fraud chargesA Kurnool district court on Tuesday sent chairman and CEO of Amway India William S Pinckney in 14-day judicial custody after he was arreste...
Arrest of Amway CEO: Multi-level political test for PM Narendra ModiThe arrest of Amway India CEO William S Pinckney from the company headquarters in Gurgaon by Kurnool police is deeply troubling.
Hyderabad police arrest Amway India's CEO S PinckneyWilliam S Pinckney, chairman and CEO of Amway India, was arrested on Monday following a consumer complaint against the direct-selling firm
Direct sellers move out of Kerala in state of fear as cops not allowing agents to operateDirect selling firms are cutting down their operations significantly in Kerala due to police harassment since the arrest of Amway India CEO...
We need specific rules for industry: William S Pinckney, AmwayTwo weeks on, Amway shrugs the chit fund episode off. Its CEO & MD William S Pinckney talks about the controversy and the way ahead.
- Amway case: IDSA requests government for immediate operational clarity
The IDSA pressed for separate legislation for direct selling firms, stating that lack of clear regulation was jeopardizing investments from...
Post Amway arrests, industry demands regulations for genuine direct selling companiesThe direct selling industry today has a turnover of over Rs 6,000 crore and employs over 60 lakh, 70% of which are women.
Ficci condemns Amway CEO William Scott Pinckney's arrestFicci today said it was inappropriate and unwarranted since there is no criminality involved and the case should have been handled as a con...
- Amway to invest Rs 250 crore in India
Direct selling FMCG company Amway on Wednesday said it plans to invest about Rs 250 crore to set up a manufacturing plant in India.
- Business in store for direct sellers
Some of the leading direct-selling companies in India—Amway, Avon, Tupperware, Modicare —are now opening up brand-experience centres in ord...
- Amway forays into energy brinks, energy bars
Amway India Enterprises Pvt Ltd, the country’s leading direct selling FMCG company, has announced its venture into the energy drinks and en...
- Amway India eyes masses to shore up top line
The new line, labelled 'Great Value Products', is priced 20-30% lower than the existing range. It includes categories like coconut oil, hai...
- Direct sellers demand separate law to govern their trade
Alleging government harassment in their functioning, the Rs 2,311 crore direct and multi-level marketing industry including US major Amway ...