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MYNTRA ED INVESTIGATION
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...
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...
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 ...
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...
Return subsidy or face legal action, govt tells EV makers; Bob Iger spell yet to work at DisneyThe government sent recovery notices totalling Rs 469 crore earlier this fiscal year to seven companies — Hero Electric, Okinawa Autotech, ...
The best and worst of cryptoThe transition, though completed successfully in the end, was far from a foregone conclusion because of its complexity and the scale of the...
Shadowfax looks to raise $75-100M; Tata Digital tweaking Neu after glitchesCanada Pension Plan Investment Board (CPPIB) and NewQuest Capital Partners, a fund that specialises in buying secondary stakes, have held t...
Taking the battle head-onTwitter, in its writ petition, said orders from the ministry of electronics & information technology (MeitY) were “overboard and arbitrary,...
Vivo Mobiles calls strategic timeout on Virat Kohli advertsThe Chinese manufacturer on Friday appealed in Delhi High Court against ED freezing its bank accounts. In its petition, Vivo said the centr...
Paytm's board gamesPaytm, which plans to go public in a few months, has agreed to give its founder Vijay Shekhar Sharma the right to appoint one member to its...
Delhi HC refuses order against ecommerce firms Snapdeal, Myntra on FDI rules violations; seeks ED probeHC has refused to pass any interim order against 21 ecommerce firms over allegations that they violated India’s foreign direct investment r...
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.
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.
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 ...