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Walmart's Indian fashion arm Myntra is being investigated for allegedly breaching rules that ban foreign-funded wholesale ...
ED investigates Myntra and One Sigma Technologies for alleged FDI policy violations worth crores, leading to legal action.
Myntra has been charged with Rs 1654 Cr FDI misuse for indulging in Multi-Brand Retail Trade in the guise of Wholesale Cash & ...
The Enforcement Directorate's Bengaluru unit has filed a complaint against Myntra Designs and its directors for alleged ...
The ED has filed a complaint under the FEMA against Myntra for allegedly flouting foreign investment rules to the tune of INR ...
India's financial crime agency said on Wednesday an investigation had found that Walmart's fashion business Myntra Designs breached laws prohibiting foreign wholesalers from selling to consumers.
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The Enforcement Directorate has registered a case against Indian fashion e-commerce company Myntra, its associated companies ...
On July 23, 2025, ED, Bengaluru Zonal Office, filed a complaint under section 16(3) of the FEMA Act, 1999, against Myntra ...
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Khaleej Times on MSNIndia accuses Myntra of breaching foreign investment rulesIn a bid to protect domestic retailers and traders, India prohibits foreign companies engaging in wholesale business to make ...
6don MSN
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, a Flipkart-backed e-commerce platform, is facing a FEMA case by India's Enforcement Directorate for alleged FDI ...
ED takes big action against Myntra, registers case under FEMA in alleged violation of FDI guidelines
The ED said that the complaint has been filed under Section 16(3) of the Foreign Exchange Management Act after the federal ...
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