ED Slaps Myntra With FEMA Case Over Rs 1,654 Crore FDI Violation

ED Slaps Myntra With FEMA Case Over Rs 1,654 Crore FDI Violation

New Delhi: The Enforcement Directorate (ED) has filed a formal complaint against Myntra Designs Pvt. Ltd., its group companies, and their directors for allegedly violating foreign exchange rules. According to the ED’s Bengaluru Zonal Office, the company is accused of receiving illegal foreign investments worth ₹1,654.35 crore, breaching provisions under the Foreign Exchange Management Act…

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Boycott Turkey: Online Retailers Ajio, Myntra Suspend Sale Of Turkish Brands – News18

Boycott Turkey: Online Retailers Ajio, Myntra Suspend Sale Of Turkish Brands – News18

Last Updated:May 18, 2025, 10:00 p.m. Myntra has pulled Trendyol, a top-selling women’s fashion label in India, from its listings. Myntra has pulled Trendyol, a top-selling women’s fashion label in India, from its listings. Indian ecommerce platforms such as Ajio and Myntra have removed Turkish apparel brands from their portals in response boycott calls triggered by Turkey’s…

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