News for 'william-scott-pinckney'

Why Amway India has failed to meet targets

Why Amway India has failed to meet targets

Rediff.com27 Apr 2022

In 2013, weeks after getting bail in a case of alleged cheating in Kerala, Amway India's then managing director, William Scott Pinckney, declared that the company was aiming to hit revenues of Rs 10,000 crore in India in a decade. Fast forward to 2021, and Milind Pant, Amway's global CEO, announced that the company has designated India as one among the top three markets for growth and investment (after US and China), and is now looking at hitting revenues of Rs 20,000 crore over the long term.

Arrest of CEO unwarranted: Amway India

Arrest of CEO unwarranted: Amway India

Rediff.com27 May 2014

The case in which the action has been taken was filed in December, but the company said that it had no prior information on it.