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MULTILEVEL MARKETING
What happens when investors stop SIPs during crises–real investors, real panic, and the real cost of walking awayFrom a cancer diagnosis in Kolkata to a layoff in Bengaluru to Covid panic in Agra—real investors, real crises, and the real cost of walkin...- BitDelta India launches institutional-grade VDA infrastructure, targets trust-led growth in crypto marketBitDelta India launched as an FIU-registered VDASP, targeting India’s growing crypto market with institutional-grade infrastructure, strong...
- Adani Properties to invest Rs 1 lakh cr to redevelop Mumbai’s 143-acre Motilal NagarAdani Properties will invest over Rs 1 lakh crore to redevelop Mumbai's Motilal Nagar, a 143-acre project set to become the second-largest ...
- Pyramid scheme launches climb to highest in 5 yearsIndia saw the highest number of multi-level-marketing pyramid schemes launched in five years in 2023, according to Strategy India, a policy...
- NGT bans parking in Sarojini Nagar market, Rs 5000 fine for flouting rulesThe National Green Tribunal today banned parking in the city's Sarojini Nagar market and said anyone found doing so would be liable to pay ...
- LG Anil Baijal asks officials to expedite projects in national capitalDelhi Lieutenant Governor has issued directions to officials for completion of various infrastructure projects in a timely manner.
- Insurers to be liable for agents' misdeedsThe move will come as a relief to millions of policyholders, who often complain that the policy sold to them was not what was promised to t...
- Direct selling industry seeks amendments to Prize Chits ActA week after the arrest of Bill Pinckney, the Indian Direct Selling Association has sought amendments to the Prize Chits Act, 1978.
- 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.
- Amway CEO is a victim of obtuse policyThe solution is to create a new law defining direct selling, registering direct sellers and establishing the principle that distinguishes d...
- The what and how of direct selling companiesA direct selling company sells products and services directly to consumers, away from a fixed retail locations.
- Government working to curb fraudulent multi-level marketing companiesCorporate Affairs and Consumer Affairs ministries, along with stakeholders, are working on ways to curb fraudulent multi-level marketing co...
- 50 multilevel marketing firms are under EOW probePolice officers say a special unit under the EOW should have been formed much earlier, but was delayed due to a shortage of manpower.
- Government to block suspect multi-level marketing websites, paymentsGovt has decided to crack the whip on fraudulent multi-level marketing companies that have duped hundreds of investors in the country by bl...
- Central government may prod states to control direct selling, MLM businessThe central government may ask states to pass special Acts for regulating direct selling and multilevel marketing (MLM) companies operating...
- Government finalising rules for multi-level marketing companiesThe government today said it is close to finalising new rules for multi-level marketing firms and is working on an early warning system to ...
- Multi-level marketing companies con many to benefit few: StudyA government study said that such programmes are primarily meant to con individuals to the benefit of a few sitting at the top of pyramid.
- Strict norms for direct selling firmsThe government is looking at a stringent regulatory framework for firms engaged in direct selling and multilevel marketing to check increas...
- 'Home Ministry can set up SFIO type body to probe fraud by MLM companies'The Corporate Affairs Ministry has said the Home Ministry can set up a SFIO-type special body to probe frauds by the multi-level marketing ...
- NDMC to raise parking rates by 30%New Delhi Municipal Council (NDMC) is set to increase parking rates by 30% in all its markets from January next year.
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