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MULTILEVEL MARKETING
Nithin Kamath recalls falling for a pyramid scheme, warns retail investors against 'easy money' promisesZerodha co-founder Nithin Kamath shared his past entanglement with a pyramid scheme in his late teens, emphasizing that wealth building req...- 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...
- Crypto coin cracks after luring Indians with 3,100% returnsIndia has seen its share of crypto frauds in recent years. In 2018, a police probe found that more than 25,000 investors were duped, while ...
- Demand for warehouses in small cities rise as e-commerce firms target quicker deliveryLogistics developer ESR, a venture of private equity firm Warburg Pincus and global investors, said that it has identified spaces in Delhi ...
- ETIG Analysis: Implications of the new Consumer Protection Act on consumer companiesConsumers now have a strong reason to move away from the unorganised space since they can better assert their rights and seek legal redress...
- Beyond the dating game: People use Tinder for self-promotion, political campaigningThe app's off-label use appropriates its infrastructure, and sociocultural meanings.
- Clinical trials on Ayurvedic medicine against dengue underway: Shripad NaikRajesh Kotecha, secretary of AYUSH ministry, said the medicine is expected to be ready after multilevel trials in the next couple of years.
- 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.
- Edugild collaborates wtih JMDedu China and Edtech IsraelDr Yaki Dayan, founder of Edtech Israel has shared a comprehensive multilevel engagement plan for Edugild's startups to leverage the Israel...
- End capital gains tax exemption to curb money laundering: BSEBSE called for ending exemption of capital gains tax on securities to contain various entities using capital markets to evade taxes and lau...
- Norms tightened for appointment of agents by insurersTo check ponzi-like activities in insurance sector, the new Ordinance has prohibited multi- layered agent structure for sale of insurance p...
- Amcham expresses concern over arrest of Amway India CEOIndustry body Ficci too has condemned arrest of the Amway India CEO and has said it was inappropriate and unwarranted since there is no cri...
- 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.
- The what and how of direct selling companiesA direct selling company sells products and services directly to consumers, away from a fixed retail locations.
- 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.
- Stock Guru fraud: Victims in Mumbai may number 1,000The Delhi police have estimated the scale of the fraud at over Rs 1,100 cr. They have frozen 94 bank accounts belonging to Stock Guru's off...
- 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 constitutes committee to frame laws for direct and network marketingThe government is gearing up to tighten noose around direct selling and multilevel marketing companies operating in the country.
- 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...
- 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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