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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 ...
The Enforcement Directorate has registered a FEMA case against Flipkart-backed Myntra and its affiliates for allegedly ...
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On July 23, 2025, ED, Bengaluru Zonal Office, filed a complaint under section 16(3) of the FEMA Act, 1999, against Myntra ...
The Enforcement Directorate has registered a case against Indian fashion e-commerce company Myntra, its associated companies ...
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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ABP News on MSNMyntra Under ED Lens For Alleged FEMA Violation Exceeding Rs 1,654 Crore
The case, registered under Section 16(3) of FEMA, follows claims that Myntra was involved in multi-brand retail trade ...
ED has been investigating several e-commerce platforms for alleged violation of foreign direct investment (FDI) norms since ...
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India expands its e-commerce crackdown with a new $200M case against Walmart’s fashion arm Myntra
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.
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