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

India's financial crime agency said on Wednesday an investigation had found that Walmart's fashion business Myntra Designs breached laws prohibiting foreign wholesalers from selling to consumers.

India's financial crime watchdog filed a complaint against Walmart-backed Myntra, alleging the company violated foreign investment rules by channeling over $191 million through a related-party scheme.

Launched in July 2024, super.money has grown into India’s fifth-largest UPI payments app ahead of established players such as BHIM, WhatsApp Pay, Cred and Amazon Pay ...

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

NEW YORK -- Walmart will soon reach shoppers in India's massive consumer market directly, as it takes control of the online retailer Flipkart known for its ubiquitous delivery drivers on ...

Walmart-backed Flipkart has launched a $50 million employee stock buyback scheme for 7,000–7,500 staff, allowing liquidation ...

Walmart Inc said on Saturday in a filing with a U.S. regulator that it may take India's Flipkart public in as early as four years, detailing for the first time a potential listing timeline for ...

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