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 ...

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 ...

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 ...

The Enforcement Directorate (ED) has filed a complaint against Myntra for receiving overseas funding of more than Rs 1,654 crore, as per a press release that India’s economic intelligence agency ...

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 ...

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 ...

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 ...

(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 ...

A spokesperson of the Bengaluru-headquartered Myntra, a fashion and lifestyle e-commerce platform, said the company will cooperate with the authorities.

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 ...