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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.
ED alleges Rs 1,654 crore FDI breach at Flipkart-owned Myntra
The Enforcement Directorate has filed a complaint against Myntra. The complaint alleges violations of foreign direct ...
FEMA complaint against online fashion retailer Myntra for FDI norm violation: ED
ED has been investigating several e-commerce platforms for alleged violation of foreign direct investment (FDI) norms since ...
ED Files FEMA Complaint Against Myntra For Alleged FDI Violation Worth Rs 1,654 Crore
The Enforcement Directorate (ED) on Wednesday said that it has filed a formal complaint against Myntra Designs Private Limi ...
ED Files Rs 1,645 Crore FEMA Violation Complaint Against Myntra and Directors: What You Need to Know
The Enforcement Directorate has filed a Rs 1,654 crore complaint under FEMA against Myntra and its directors, accusing the ...