News

India's financial crime watchdog filed a complaint against Walmart-backed Myntra, alleging the company violated foreign ...
India's financial crime agency said on Wednesday it was investigating Walmart's fashion business Myntra Designs for allegedly ...
E-commerce major Myntra Designs Pvt. Ltd. finds itself in hot water after the Enforcement Directorate (ED) filed a complaint ...
The Enforcement Directorate has filed a complaint under Fema against Myntra, its entities, and directors for alleged FDI ...
On July 23, 2025, ED, Bengaluru Zonal Office, filed a complaint under section 16(3) of the FEMA Act, 1999, against Myntra ...
ED investigates Myntra and One Sigma Technologies for alleged FDI policy violations worth crores, leading to legal action.
ED stated that Myntra routed most sales through a group entity, Vector E-Commerce, to mask B2C transactions as B2B, allegedly ...
The ED on Wednesday filed a formal complaint against Myntra Designs Pvt. Ltd. and its group companies, alleging violations of ...
Myntra has issued a formal response following allegations from the Enforcement Directorate (ED) that the company violated ...
The complaint was filed by Bengaluru Zonal Office of the federal probe agency under a section of the Foreign Exchange Management Act (FEMA) based on "credible information" that Myntra Designs Private ...
Myntra, a Flipkart-backed e-commerce platform, is facing a FEMA case by India's Enforcement Directorate for alleged FDI ...
Walmart's Indian fashion arm Myntra is being investigated for allegedly breaching rules that ban foreign-funded wholesale ...