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MYNTRA FOREIGN EXCHANGE
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...
- RBI clears Myntra's FEMA violations after penalty payment; ED closes investigationThe Reserve Bank of India has closed an Enforcement Directorate investigation into Myntra Designs Private Limited. This action follows the ...
- 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 complaint under FEMA against Myntra Designs and its related companiesThe Enforcement Directorate has filed a complaint under FEMA against Myntra Designs Pvt. Ltd., its related companies, and directors for all...
- 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...
- 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...
- Unicommerce shares make multibagger market debut at Rs 235, up 117% over IPO priceUnicommerce’s Rs 277-crore initial public offering (IPO) was subscribed nearly 170 times the shares on offer – making it among the most sub...
- Unicommerce raises Rs 124 crore from anchor investors ahead of IPOUnicommerce Esolutions Ltd has set a price band of Rs 102-108 for its upcoming initial public offering that will launch on August 6. The Gu...
- 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...
- Exclusive: New standards for live commerce in India on the drawing boardBIS seeks member views after global body ISO floats proposal; ecommerce logs high growth in space
- Paytm fixes stock price for Nov 18 listing; Myntra appoints Nandita Sinha as CEOPaytm, which conducted the world’s second-largest fintech IPO of 2021 earlier this week, is expected to list on the stock exchanges next Th...
- Next big wave of technology Unicorn listings could be in IndiaMohandas Pai said that liquidity and valuations shouldn’t be concerns for companies seeking to list, as the market is “flush with money” an...
- Flipkart’s FY19 revenue up 42% to Rs 43,615 croreIn the previous financial year, Flipkart Group’s total revenue increased by 50% to Rs 30,644 crore.
- Smallcap Hunters: What went wrong with MRSSOn the positive side, the opportunity size is large for the company.
- Esprit may soon open retail stores in IndiaMyntra already sells Esprit products online through an exclusive deal signed with the fashion brand late last year.
- 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 ...
- 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...
- Amazon’s India operations face FDI scrutiny to check the policy compliance“Is the model followed by the company compliant with the FDI policy,” the communication to DIPP says asking it to examine the structure clo...
- After Flipkart, online retailer Myntra under ED lens for FEMA breachFollowing on the heels of Flipkart, popular online retailer Myntra has come under Enforcement Directorate’s scanner for possible violation ...
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