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Walmart's Indian fashion arm Myntra is being investigated for allegedly breaching rules that ban foreign-funded wholesale ...
Flipkart-owned fashion e-commerce giant Myntra is facing heat from the Enforcement Directorate, India's financial crime ...
On July 23, 2025, ED, Bengaluru Zonal Office, filed a complaint under section 16(3) of the FEMA Act, 1999, against Myntra ...
Flipkart-owned fashion e-commerce giant Myntra is facing heat from the Enforcement Directorate, India's financial crime ...
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India's financial crime watchdog filed a complaint against Walmart-backed Myntra, alleging the company violated foreign investment rules by channeling over $191 million through a related-party scheme.
Myntra has been charged with Rs 1654 Cr FDI misuse for indulging in Multi-Brand Retail Trade in the guise of Wholesale Cash & ...
Myntra has issued a formal response following allegations from the Enforcement Directorate (ED) that the company violated ...
The directorate of enforcement (ED) has filed a formal complaint against Flipkart-owned fashion e-commerce firm Myntra ...
Myntra, India's largest fashion e-commerce platform, is trialing a four-hour delivery service in four Indian cities, two sources familiar with the matter told TechCrunch -- a dramatic acceleration ...
Indeed, India’s online fashion retailing, a category led by Myntra, has been growing at a scorching pace, nearly doubling in value from $278 million in 2012 to $559 million in 2013.
India's financial crime agency said on Wednesday it was investigating Walmart's fashion business Myntra Designs for allegedly breaching laws prohibiting foreign wholesalers from selling to consumers.
The ED has alleged that the Bengaluru-based company, which is backed by Flipkart, violated existing FDI norms governing ...
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