The Enforcement Directorate terminated its FEMA investigation against Myntra Designs Private Limited after the RBI compounded alleged foreign exchange violations. Acting on the ED's no-objection, the RBI settled the matter with a one-time payment of Rs 2.88 lakh
Flipkart CFO Sriram Venkataraman announced his exit, staying temporarily for a smooth transition. Ravi Iyer will oversee finance, while Nishant Verman rejoins as SVP of Corporate Development and Partnerships. Flipkart, backed by Walmart, includes Myntra and other subsidiaries
The report estimated that the Flipkart group, comprising Flipkart, Myntra and Shopsy, led the sales in the first week with around 63 per cent share in gross merchandise value (GMV), implying business of about Rs 29,610 crore, according to the report by market research firm Redseer Strategy Consultants.
This year, customers have been more inclined towards fusion wear and co-ord sets and during Rakhi, Onam and Ganesh Chaturthi the company witnessed a similar trend.
The fourth edition of this festive-centric fashion event will feature over 23 lakh styles from 6,000+ prominent domestic and international brands, covering a diverse range of categories including fashion, beauty, and lifestyle.
Top brands posting relatable memes to engage their audiences is not a new phenomenon. From Amul’s comic strip in newspapers to Zomato’s memes on Instagram, all news stories become a part of their jest. But Myntra’s latest post targeting Indian cricketer KL Rahul has raised a few eyebrows. The right-handed batsman has been party to […]
The complaint was filed by activist Naaz Patel of the Avesta Foundation in December 2020 as Patel found it to be insulting and offensive towards women.
