News

Walmart's Indian fashion arm Myntra is being investigated for allegedly breaching rules that ban foreign-funded wholesale ...
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.
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 ...
E-commerce major Myntra Designs Pvt. Ltd. finds itself in hot water after the Enforcement Directorate (ED) filed a complaint ...
Myntra has issued a formal response following allegations from the Enforcement Directorate (ED) that the company violated ...
Myntra has been charged with Rs 1654 Cr FDI misuse for indulging in Multi-Brand Retail Trade in the guise of Wholesale Cash & ...
Myntra, a Flipkart-backed e-commerce platform, is facing a FEMA case by India's Enforcement Directorate for alleged FDI ...
The directorate of enforcement (ED) has filed a formal complaint against Flipkart-owned fashion e-commerce firm Myntra ...
Enforcement Directorate accuses Myntra of violating FDI regulations by disguising retail as wholesale, totaling ₹1,654 crore.
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.