News

On July 23, 2025, ED, Bengaluru Zonal Office, filed a complaint under section 16(3) of the FEMA Act, 1999, against Myntra ...
Myntra has issued a formal response following allegations from the Enforcement Directorate (ED) that the company violated ...
ED investigates Myntra and One Sigma Technologies for alleged FDI policy violations worth crores, leading to legal action.
The Enforcement Directorate has registered a case against Indian fashion e-commerce company Myntra, its associated companies ...
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 alleges that Myntra and its related companies are engaged in multi-brand retail trade (MBRT) ...
The ED said that the complaint has been filed under Section 16(3) of the Foreign Exchange Management Act after the federal ...
Myntra has clarified that it has not yet received a copy of the ED’s complaint or accompanying documents, but remains ready to cooperate fully with the authorities ...
Flipkart-owned fashion e-commerce giant Myntra is facing heat from the Enforcement Directorate, India's financial crime ...
ZILO is the most recent entrant in the fashion quick commerce space, and the founders are banking on their Myntra experience ...
The ED has alleged that the Bengaluru-based company, which is backed by Flipkart, violated existing FDI norms governing ...
ED alleges Myntra violated FDI norms by using a related party to convert wholesale transactions into retail sales, breaching ...