Amway MD: ARRESTED!

It has shattered image of Amway, in the eyes of all those consumers who believed in its trustworthiness for long. William S Pinckney, Managing Director and chief executive officer of Amway India, the direct selling company for various consumer products, arrested by the Andhra Pradesh police at Gurgaon. The...

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Khosla ka Ghosla: Still reflecting the plight of today’s consumers

Way back in 2006 with the release of ‘Khosla ka Ghosla’, Dibakar Banerjee touched the issue of ‘Real Estate fraud’ which was never screened like this before. Written by Jaideep Sahni of ‘Chak de’ fame the movie was a big success and has transformed into a cult cinema. The movie blatantly describes the suffering of...

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‘Pesticide Menace’: Now central government at the rescue

The report submitted by Consumer Voice on ‘Pesticides in Vegetables’ way back in 2010 is finally spelling success. Authorities have initiated reform measures, i.e., the way situation needs to be dealt from the grass root level. With the intervention of the central government the problem can be tackled in...

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Stable Rupee leads to flat travel insurance rates

People travelling offshore to benefit from a stable rupee, as there will be no hike in travel insurance rates. As the rupee gets more stable, chances have increased that insurance companies are unlikely to increase their rates for insurance premiums. The claims for outbound travel insurance are paid...

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RBI: Banks should not charge for inoperative savings accounts without a minimum balance

In a recent development the RBI has asked banks not to implement penalties on consumers, who don’t have a minimum balance in their inoperative account. The measure has come as a big relief for consumers as they were charged penalties by banks for their dormant bank accounts. “It is advised that henceforth...

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Highest ever consumer confidence, says Nielsen India survey

In a recent online survey conducted by Nielsen on consumers it has been established that there has been an epic growth in consumer confidence since fourth quarter of 2012. Despite the rising inflation and political delirium, the Indian consumers tend to remain positive regarding their purchasing or buying...

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Shop fined Rs 50 lakh for charging Rs 75 extra on drink

Charging a customer double for an energy drink has attracted a strong censure from the National Consumer Disputes Redressal Commission and a fine of Rs50 lakh for the vendor- Snack Bar, a unit of Saptagiri Restaurant.  That October morning in 2009, a vendor at Chennai airport decided...

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