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

Foreign companies operating in India's booming e-commerce sector face many regulatory and legal challenges from authorities ...

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.

The Enforcement Directorate has filed a case against Myntra for alleged FDI contravention, accusing the platform of engaging ...

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

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

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

Competition has heightened dramatically since Myntra, one of India’s first focused fashion e-commerce players, first launched in 2007, was then acquired by e-tail giant Flipkart in 2014, which in turn ...

ED files case against Myntra for alleged ₹1,654-cr FDI rule breach under FEMA, cites multi-brand retail violations.

India's financial crime agency said on Wednesday it was investigating Walmart's fashion business Myntra Designs for allegedly breaching laws prohibiting foreign wholesalers from selling to consumers.

Competition has heightened dramatically since Myntra, one of India’s first focused fashion e-commerce players, first launched in 2007, was then acquired by e-tail giant Flipkart in 2014, which ...