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FEMA MYNTRA CASE
Top tech and startup stories this weekWelcome to a new edition of ETtech Unwrapped – our weekend newsletter packed with the most important stories this week. Let’s take a look.
26 Jul, 2025, 07.49 AM IST
School Assembly Headlines for July 24: Top national, international, sports and business updatesIndia is set to resume tourist visas for Chinese nationals after five years, while the Rajya Sabha will debate the Pahalgam attack. A Ghazi...
23 Jul, 2025, 08.11 PM IST
Infy's steady Q1; Myntra under ED lensInfosys raised its revenue guidance for the current financial year after stable financial results in the April-June quarter. This and more ...
23 Jul, 2025, 07.39 PM IST
ED files Fema case against Myntra for Rs 1,654 crore FDI violationFlipkart-owned fashion etailer Myntra is facing an ED complaint for alleged FDI rules violations, totalling Rs 1,654 crore. Accused of misu...
23 Jul, 2025, 05.37 PM IST
ED files FEMA case against Myntra, linked firms for Rs 1,654 cr violationThe Enforcement Directorate (ED) has filed a case under the Foreign Exchange Management Act (FEMA) against Flipkart-backed Myntra Designs P...
23 Jul, 2025, 02.19 PM IST
Winning the subscription battle; and other top tech, startup stories this weekE-commerce industry executives say that the key to making a subscription programme work is always a large bouquet of offerings. The pricing...
02 Mar, 2024, 09.28 AM IST
Significant valuation markdown coming for Byju’s, Peak XV tells LPs; Myntra rejig to lay off 50Hello, happy hump day, but maybe not for Byju’s. Peak XV Partners, formerly Sequoia India, has told its investors that it will have to sign...
26 Jul, 2023, 07.34 AM IST
Flipkart spent $1.1B in six months; Facebook may quietly sack 15% of workersFlipkart has made multiple acquisitions and investments, and started several new businesses since late last year. Now, its parent company W...
06 Oct, 2022, 06.59 PM IST
Taking the battle head-onTwitter, in its writ petition, said orders from the ministry of electronics & information technology (MeitY) were “overboard and arbitrary,...
09 Jul, 2022, 08.06 AM IST
Marketplace model used by ecommerce companies not recognised under India’s FDI policy: DIPPThe department has also suggested that it’s up to the financial watchdogs to investigate whether there has been any violation of FDI rules ...
06 Jan, 2016, 04.00 AM IST
DIPP likely to back ecommerce companies in legal tussle with footwear firmsThe government is likely to back ecommerce companies in the their legal tussle with the Footwear Manufacturers and Retailers Association (A...
03 Dec, 2015, 04.00 AM IST
Delhi HC orders ED to probe whether ecommerce companies like Snapdeal, Jabong, Myntra have flouted FDI rulesThe court was hearing a case filed against the government by shoe shop owners on the grounds that India bars overseas capital in the sector.
20 Nov, 2015, 04.00 AM IST
ED finds FEMA violation against Flipkart, penalty likely to be around Rs 1,000 croreIndia's top e-commerce company had violated provisions of FEMA as WS Retail, the holding company had investments from companies overseas.
14 Aug, 2014, 09.26 PM IST