Myntra Faces ED Heat in ₹1,654 Cr FDI Violation Case
Myntra Designs Pvt Ltd faces a FEMA complaint from ED’s Bengaluru office for alleged ₹1,654 crore FDI violations by operating retail under the guise of wholesale. According to the agency, the move constitutes an alleged breach of FDI regulations and the stipulations of the Foreign Exchange Management Act. By excluding inventory based operations FDI policy…
Himanshu
Nupur Nagpal is Appointed As New Chief HR Officer at Myntra
Myntra, an online fashion retailer, has appointed a new chief human resource officer (CHRO) and elevated Raghu Krishnananda, who was the chief technology officer, to chief technology and product officer (CTPO). Nagpal, under her new role, will handle the business’s human resource roadmap and also focus on enriching companies human capital. Nupur has a rich…
John David