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PYRAMID SCHEME
New OTT releases this weekend: 9 new movies and shows on Netflix, JioHotstar, Prime Video & moreFrom crime thrillers and family dramas to spy adventures and romantic comedies, OTT platforms are serving up a packed weekend lineup across...
Credit guarantee scheme for MFIs still stuck in low gearBanks have received an aggregate loan demand of Rs 10,000-12,500 crore under the scheme, according to people familiar with the matter. Whil...
New OTT releases this week (June 2026): What's new on Netflix, Zee5, SonyLIV, JioHotstar, Apple TV+ & moreThis week's streaming slate is packed with diverse releases. Madhuri Dixit returns in 'Maa Behen' on Netflix, while Karisma Kapoor makes he...
Friday OTT releases of the week: Dhurandhar The Revenge to Brown to Made In India: A Titan Story, new movies and shows on Netflix, JioHotstar, Prime Video and ZEE5This week's OTT lineup has something for everyone, from action-packed thrillers and crime mysteries to family dramas and romantic comedies....
As costs remain high, MFIs raise ratesMicrofinance lending rates are rising for the poorest borrowers. This is happening despite a government credit guarantee scheme designed to...
From assembly to ambition: How India is building its electronics backboneIndia is shifting from electronics assembly to full-scale manufacturing as the ECMS scheme boosts domestic component production. With risin...
From fake trading apps to Pyramid Schemes: NPCI cautions about these investment frauds
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...
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 ...
Elon Musk sued for $258 billion over alleged Dogecoin pyramid schemeIn a complaint filed in federal court in Manhattan, plaintiff Keith Johnson accused Elon Musk, electric car company Tesla Inc and space tou...
Bitcoin pyramid schemes wreak havoc on Brazil's 'New Egypt'Police say the company owned by 38-year-old Glaidson Acacio dos Santos had total transactions worth at least $7 billion ($38 billion reais)...
Direct selling cos banned from promoting pyramid schemesDirect sellers must have at least one physical location as their registered office within the country and make a declaration that they are ...
Govt proposes norms to protect direct sellers & make direct selling entities accountableEarlier in 2016, the ministry had come out with a set of guidelines for the sector, which were advisory in nature. But now the proposed rul...
Ratan Tata, Kalaari Capital, and GVK Davix backed Upstox has tied up with Tavaga Advisory ServicesMumbai based discount brokerage firm, Upstox has extended its reach to tech-savvy youngsters and tier-2 & tier-3 cities, where facilities a...
Note ban 2.0? New deposits regulation could end up hurting manyThe Unregulated Deposit Schemes ruling is intended to protect investors from dubious outfits.
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.
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...
- Multi-level marketing companies con many to benefit few: Study
A government study said that such programmes are primarily meant to con individuals to the benefit of a few sitting at the top of pyramid.
- IRDA whip against pyramid schemes
In a bid to crackdown on pyramid schemes, the insurance regulator has barred companies that do not have a substantial customer base of thei...
- Stanford indicted in US for alleged pyramid scheme
Justice Department to announce the charges against R Allen Stanford, who ran Stanford Financial Group, and six others at a news conference....