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  • Business

Why did ED freeze Amway's Rs 757 crore?

 Amway maintains the action was related to a case in 2011 and it has been cooperating with the investigative agency. Photograph: Nicky Loh/Reuters The Enforcement Directorate last month attached......

Why Amway India has failed to meet targets

 It’s a company that has never been short on ambition. In 2013, weeks after getting bail in a case of alleged cheating in Kerala, Amway India’s then managing director, William Scott......

How new norms will regulate direct selling

 New norms will help the sector come out of the shadow of the PCMC Act, but compliance costs and legal scrutiny could rise. Year 2014 is considered a watershed for India’s Rs 8,000-crore (Rs......

Govt tightens norms for direct selling

 Direct sellers have to comply with various conditions to operate as legitimate players in the country.     The Rs 8,000-crore (Rs 80 billion) Indian direct selling industry could soon......

Amway India CEO released on bail

 Direct-selling company Amway India said its MD and CEO William S Pinckney has been released on bail, two months after his arrest by Andhra Pradesh Police in connection with criminal cases......

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