The second of three packages of proposed 2020 amendments to the German rules on control over foreign direct investments (FDI), effective on July 17, 2020, brings a scheme of severe civil and criminal ...
The Enforcement Directorate on Wednesday said it has filed a case against fashion ecommerce marketplace Myntra for FDI "contravention" of over Rs 1,654 crore. The complaint has been filed against the ...
New Delhi | The Enforcement Directorate on Wednesday said it has registered a foreign exchange violation case against a Bengaluru-based company that offers credit payment service through a mobile app ...
A spokesperson of the Bengaluru-headquartered Myntra, a fashion and lifestyle e-commerce platform, said the company will cooperate with the authorities.
(MENAFN- IANS) Bengaluru, July 23 (IANS) The Enforcement Directorate's Bengaluru Zonal Office has filed a complaint against One Sigma Technologies Pvt Ltd (SIMPL) and its Director Nitya Nand Sharma ...
The ED added that Myntra's operations violated the FDI rules introduced on April 1, 2010, amendments, and the October 1, 2010, amendments, where only 25 per cent of the sales were to be made to group ...
Mumbai: The Enforcement Directorate (ED) has filed a complaint under section 16(3) of the Foreign Exchange Management Act (FEMA), 1999, against popular fashion e-commerce company Myntra Designs ...
The Enforcement Directorate (ED) has filed a complaint against BNPL platform Simpl and its cofounder and director Nitya Sharma for allegedly violating foreign direct investment (FDI) norms. In a ...
Flipkart-owned Myntra and its related entities for allegedly flouting FEMA rules to the tune of INR 1,654. Cr The ED alleged that Myntra and its related companies were undertaking multi-brand retail ...
Myntra is facing action from the Enforcement Directorate (ED), which has filed a case under the Foreign Exchange Management Act (FEMA) against the e-commerce platform for allegedly flouting Foreign ...