Global Direct Selling Company Qnet Ltd. will not pull out from India, said the founder and executive chairman of the QI Group of Companies Vijay Eswaran.
Attributing the group’s decision to stay on to “a wave of good feelings” towards business in India with the recent change of government there, he said India still remains a logical target market for the group.
Hong Kong-based QI Group is a conglomerate whose flagship company, QNET, is in the business of Direct Selling in several countries across the globe.
The Times of India, in a series of articles in 2013, had reported that QNET India was being probed for allegedly duping thousands of investors by selling them plastic and glass products that it claimed could cure diseases like cancer. According to the report, the probe came about after someone filed a First Information Report (FIR) against the company at the Economic Offences Wing of the Police Department in Mumbai. Five people, including Eswaran were reportedly named in the FIR, the report said, adding that arrests were expected soon.
In an interview with The Edge Weekly, Eswaran denied the fraud allegations, dismissing them as indicative of corruption and poor journalistic standards in India, adding that the group would
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Avon Makes List Of 100 Best Companies For Working Mothers
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Working Mother magazine named Avon Products, Inc. as one of the 2014 Working Mother 100 Best Companies for outstanding leadership in establishing policies, programs and corporate culture that supports working moms, including child care, flexible work arrangements, paid parental leave and advancement of women. Companies are also measured on access to and usage of family friendly programs.
“At Avon, we’re committed to giving all of our Associates, including our working parents, the support and flexibility they need to succeed,” said Sheri McCoy, Chief Executive Officer of Avon Products, Inc.
“As a working parent myself, I know first-hand the balancing act that’s required to have a successful family and professional life.”
Carol Evans, president, Working Mother Media said, “The Working Mother 100 Best Companies are the leaders in the advancement of women by supporting their need to integrate family and work successfully. We are thrilled to honor the U.S. companies that put words into action and build family-friendly cultures on the foundation of thoughtful policies and effective programs.
Women now make up 50% of our workforce. We need to make sure they have the support to be outstanding moms as well as great employees.”
Jennifer Owens, editorial director of Working Mother Media, noted, “In its