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MYNTRA CASE CLOSED
ED's Parimatch heat reaches Zepto; SPC's India deeptech pushZepto has come under the ED's scanner as part of its probe into Parimatch. This and more in today's ETtech Top 5.- FEMA case against Myntra closed following compounding: EDMyntra's foreign exchange violation probe has concluded after the RBI issued a compounding order. The Enforcement Directorate gave its no o...
- Bank pays Rs 3.21 lakh compensation to customer for delay in credit card closure; know what RBI rules sayAs per the Reserve Bank of India, any failure on the part of the card-issuers to complete the process of closure within 7 working days shal...
- Revamped Tata Neu to bet on loyalty, financial services: Tata Digital CEO Sajith SivanandanTata Digital is pivoting Tata Neu from a broad commerce aggregator to a loyalty-led financial services platform, focusing on payments, inve...
- Tata to probe TCS Nashik case; Sharon Pais takes over MyntraTata Sons chairman N Chandrasekaran has ordered a probe into the sexual harassment case at TCS Nashik. This and more in today's ETtech Top ...
- Flipkart gets IPO ready with NCLT nod to flip back domicile to IndiaThe Bengaluru-based online retail company, which plans to file its IPO papers in 2026, has now sought an approval from the central governme...
- 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...
- Top online retailers like Ajio, Reliance halt sale of Turkish brandsMyntra and Reliance's Ajio have ceased selling Turkish apparel brands due to boycott calls stemming from Turkey's support of Pakistan durin...
- Koo founder Mayank Bidawatka’s venture raises $250K in angel round, to be backed by 13 angel investorsMayank Bidawatka, cofounder of the now-defunct Koo, is launching a new venture called Billion Hearts Software Technologies. The startup aim...
- Food delivery cos bet on existing users; Infosys CEO interviewHappy Tuesday! With user growth stagnating, Zomato and Swiggy are prodding existing customers to order more. This and more in today’s ETtec...
- Companies roll out wellness leaves for employeesThe blurred lines between work and life, the threat of losing a job, the possibility of losing a dear one to Covid-19 and reduced social in...
- With Binny Bansal gone, senior Flipkart executives start looking outBengaluru-based The Head Hunters India confirmed at least half a dozen early conversations with Flipkart executives in the past two days.
- Jabong buy paid off for us handsomely: Ananth Narayanan, Myntra CEO"We have been able to reduce discounting, optimise supply chain and building the technology stack for both companies"
- How Flipkart clinched Jabong from Snapdeal in just 3 daysThis is the backroom story how Flipkart swooped down to clinch the Jabong acquisition in just three days.
- Intend to run Myntra and Jabong as separate entities: Myntra CEO Ananth Narayanan"In my mind the value creation is the ability to shape the fashion and lifestyle market and to see how we get our 15 million monthly custom...
- Resale price pacts in online retail space under probe: CCICCI Chairman Ashok Chawla said the regulator is currently investigating a matter related to resale price maintenance.
- Karnataka government to review alleged VAT evasion by e-commerce companiesKarnataka government will examine tax-evasion cases involving e-commerce companies, which allegedly caused a loss of Rs. 2,000 crore to the...
- Offices like Myntra, InMobi and others get chic makeoverThe exterior looks like a typical commercial building with a concrete and glass façade. But step indoors and the office is anything but typ...
- After IT, Wipro's Azim Premji & Infosys' Narayana Murthy squaring off in $3-bn e-commerce marketPremji has gone with the domestic players; he has investments in Myntra and Snapdeal while Murthy has placed his bets on global e-tailing g...
- Startups ink endorsement deals with bollywood actors like Ranveer Singh, Farhan AkhtarThese cos, eager to draw the gaze of consumers, are covering themselves with stardust through engagements ranging from branding to creative...
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