India's financial crime watchdog filed a complaint against Walmart-backed Myntra, alleging the company violated foreign ...

Walmart's Indian fashion arm Myntra is being investigated for allegedly breaching rules that ban foreign-funded wholesale ...

Flipkart-owned fashion e-commerce giant Myntra is facing heat from the Enforcement Directorate, India's financial crime ...

The directorate of enforcement (ED) has filed a formal complaint against Flipkart-owned fashion e-commerce firm Myntra ...

Walmart stock ($WMT) was looking shabbier today after a financial crime investigation into its fashion business Myntra Designs in India. Wholesale ...

Foreign companies operating in India's booming e-commerce sector face many regulatory and legal challenges from authorities ...

The Enforcement Directorate has filed a case against Myntra for alleged FDI contravention, accusing the platform of engaging ...

The investigation comes at a time when e-commerce firms operating in India, particularly those backed by foreign investment, ...

Walmart may be relooking at the same strategy to leverage Myntra and hope to wean away some Indian diaspora from Amazon. Myntra, along with Flipkart Fashion and Jabong, has a major market share in ...

Walmart wants to keep Myntra as a brand but it is still evaluating possibilities of integrating some roles between Myntra and Flipkart’s fashion business and running the two more closely, they said.

Competition has heightened dramatically since Myntra, one of India’s first focused fashion e-commerce players, first launched in 2007, was then acquired by e-tail giant Flipkart in 2014, which ...

India's financial crime agency said on Wednesday it was investigating Walmart's fashion business Myntra Designs for allegedly breaching laws prohibiting foreign wholesalers from selling to consumers.