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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 ...
The case, registered under Section 16(3) of FEMA, follows claims that Myntra was involved in multi-brand retail trade activities under the pretence of wholesale cash-and-carry operations.
The Enforcement Directorate alleges that Myntra and its related companies are engaged in multi-brand retail trade (MBRT) ...
On July 23, 2025, ED, Bengaluru Zonal Office, filed a complaint under section 16(3) of the FEMA Act, 1999, against Myntra ...
ED stated that Myntra routed most sales through a group entity, Vector E-Commerce, to mask B2C transactions as B2B, allegedly ...
ED investigates Myntra and One Sigma Technologies for alleged FDI policy violations worth crores, leading to legal action.
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 ...
Walmart's Indian fashion arm Myntra is being investigated for allegedly breaching rules that ban foreign-funded wholesale ...