The ED's Bengaluru Zonal Office initiated the action following credible inputs that Myntra Designs Pvt. Ltd. (Myntra) and its group companies were allegedly engaged in Multi-Brand Retail Trade (MBRT) ...

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 ...

In a bid to protect domestic retailers and traders, India prohibits foreign companies engaging in wholesale business to make ...

Myntra has issued a formal response following allegations from the Enforcement Directorate (ED) that the company violated ...

Infosys raised its revenue guidance for the current financial year after stable financial results in the April-June quarter.

E-commerce major Myntra Designs Pvt. Ltd. finds itself in hot water after the Enforcement Directorate (ED) filed a complaint ...

Walmart's Indian fashion arm Myntra is being investigated for allegedly breaching rules that ban foreign-funded wholesale ...

The Enforcement Directorate (ED) has initiated a FEMA case against Myntra Designs and its directors, alleging a ₹1,654 crore ...

Enforcement Directorate accuses Myntra of violating FDI regulations by disguising retail as wholesale, totaling ₹1,654 crore.

The ongoing investigations against Myntra, Flipkart, Amazon, Ola, Uber, and Zepto show that regulators are taking a tougher ...

New York-based early-stage venture capital firm RTP Global led the round, with participation from Unicorn India Ventures, ...