ED files FEMA case against Myntra over Rs 1,654 crore FDI violation; disguised multi-brand retail as wholesale, company responds
Join our WhatsApp Community to receive travel deals, free stays, and special offers!
- Join Now -
Join our WhatsApp Community to receive travel deals, free stays, and special offers!
- Join Now -
The Enforcement Directorate has filed a complaint under Fema against Myntra, its entities, and directors for alleged FDI violations worth Rs 1,654.35 crore, accusing the company of misusing the wholesale trade route for multi-brand retail. Myntra, a Walmart unit, responded saying it has not received the complaint or documents and remains committed to cooperating with authorities. What's Your Reaction?
Like
0
Dislike
0
Love
0
Funny
0
Angry
0
Sad
0
Wow
0
