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Court extends CBI custody of Pearls Group CMD
NEW DELHI: Pearls Group CMD Nirmal Singh Bhangoo and three others, arrested in connection with alleged swindling of Rs 45,000 crore from over five crore investors, were today sent to four-day CBI custody by a Delhi court which said it was prima facie.....
Indian Bitcoin Startup Zebpay Raises $1 Million
Ahmedabad-based startup Zebpay has raised $1-million (around Rs 6 crore) funding in order to promote bitcoins in India, even if the virtual currency is yet to get direct support from regulators across the globe, including the Reserve Bank of India.
Jayalalithaa inaugurates Amway India's plant
CHENNAI: Chief Minister J Jayalalithaa on Monday inaugurated Amway Enterprises Limited’s first manufacturing facility in India at Nilakottai in Dindigul district, set up at a cost of Rs 550 crore. The facility is Amway India’s, (a subsidiary of Mich.....
Why use of Crypto currency?what to Look For
Cryptocurrencies are a form of money specifically designed to take advantage of the architecture of the internet. Instead of relying on a standard financial institution to guarantee and verify transactions, cryptocurrency transactions are checked, or.....
Cryptocurrency Is The Future Of Lithuania's Econom....
Bitcoin is a cryptocurrency, which was created in 2009 by an unknown programmer or a group of them. It is peer-to-peer money transfer open source software, which has no central regulator.

There are many skeptics about Bitcoins, but Ilja La.....
Amway's first manufacturing facility opened in Ind....
Direct-selling FMCG firm Amway’s first manufacturing facility in the country, which has been set up at an investment of Rs. 550 crore, formally went on stream with its inauguration by Tamil Nadu Chief Minister J. Jayalalithaa here on Monday.
Telangana Govt will bring clear cut guidelines in ....
Hyderabad:Telangana Government will come up with forward looking, progressive policy for Direct Selling: Dr. Rajat Kumar, IAS Commissioner, Civil Supplies & Ex. Officio Secretary to Government, Consumer Affairs, Food and Civil Supplies Department.
Bitcoin founder's Sydney home raided in Australia ....
Australian entrepreneur Craig Wright has been identified by tech publications as possibly the mysterious founder of online cryptocurrency Bitcoin, shortly before his Sydney home was reportedly raided in a tax probe Wednesday.

There has lon.....
What is bitcoin? A look at the digital currency
Here's an explanation of what bitcoins are, how exchanges work.

Q: What's a bitcoin?

A: Bitcoin is an online currency that allows people to make one-to-one transactions, buy goods and services and exchange money across borders w.....
India’s direct selling industry may reach Rs 64,50....
NEW DELHI: India's direct selling industry has the potential to generate Rs 64,500 crore in revenue by 2025, according to a report by industry lobby FICCI and professional services firm KPMG.

The industry's revenue was estimated at Rs 7,5.....
Direct selling industry sales to touch Rs 23,654 c....
Hyderabad: The direct selling industry's gross sales are estimated to touch Rs 23,654.3 crore by 2019-20 on account of a conducive framework in the country, according to survey conducted jointly by the Indian Direct Selling Association (IDSA) and PHD.....
FICCI is Organizing Annual Direct Selling event - ....
New Delhi:FICCI is organizing annual direct selling event - Direct 2015 on 8th Dec 2015 Tuesday in New Delhi.FICCI has conducted Direct selling event in 2014 also.Ministry of consumer affairs,Ministry of corporate affairs,Dept of Financial services,D.....
Frame separate law for direct selling: CAIT
Traders body CAIT has asked the government to formulate a separate law to regulate and monitor direct selling business in the country.

NEW DELHI: Traders body CAIT has asked the government to formulate a separate law to regulate and monito.....
Closely monitoring crowdfunding space, crypto curr....
Mumbai: Reserve Bank Governor Raghuram Rajan today said it was closely monitoring the crowdfunding space to check if it poses any concerns, while it also called for an active "market intelligence" mechanism on crypto currencies.

"We are al.....
Ratan Tata invests in virtual cash start-up Abra
Cluelead News: Abra, a Silicon Valley bitcoin startup, on Thursday revealed it had raised money from Tata Sons chairman emeritus Ratan Tata and American Express, as part of its $12-million Series-A funding.

Abra raising funds was reported .....
Parliamentary committee calls for one regulator fo....
New Delhi:The parliamentary standing committee on Finance has raised issues on the various money pooling schemes that are duping investors. It is reliably learnt that the committee headed by the Congress minister, Verrapa Moily is likely to take up t.....
AP CM assures the direct selling industry to creat....
New Delhi: Andhra Pradesh Chief Minister N Chandrababu Naidu has assured the industry to address the need of creating a regulatory framework for the direct selling in the greater advantage of the industry players as well as the national economy as a .....
FICCI-KPMG Report On Direct Selling in AP & Telan....
Andhra Pradesh and Telangana’s Direct Selling Industry could potentially reach a size of INR 50 billion by 2025

•The report suggests the need to revisit laws and bring regulatory clarity.

•The sector has the potential to engage .....
AP, Telangana to have Rs 50bn direct selling marke....
The direct selling market in Andhra Pradesh and Telangana has the potential to attain a market size of Rs 50 billion by 2025, according to a FICCI KPMG report.

Hyderabad:HYDERABAD: The direct selling market in Andhra Pradesh and Telangana .....
   
 
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