Flipkart-owned fashion e-commerce giant Myntra is facing heat from the Enforcement Directorate, India's financial crime ...

India's financial crime agency said on Wednesday an investigation had found that Walmart's fashion business Myntra Designs ...

The Enforcement Directorate (ED) on Wednesday said it has registered a FEMA case against Flipkart-backed e-commerce platform Myntra, its linked companies and directors for alleged FDI contravention of ...

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.

Walmart stock ($WMT) was looking shabbier today after a financial crime investigation into its fashion business Myntra ...

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 ...

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 ...

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

The complaint was filed based on information that Myntra and its affiliated companies are engaged in multi-brand retail trading under the pretense of operating as a wholesale cash-and-carry business ...

Flipkart-owned fashion etailer Myntra is facing an ED complaint for alleged FDI rules violations, totalling Rs 1,654 crore.

The investigation comes at a time when e-commerce firms operating in India, particularly those backed by foreign investment, ...