{"id":1012723,"date":"2026-06-06T09:51:15","date_gmt":"2026-06-06T04:21:15","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1012723"},"modified":"2026-06-06T10:06:57","modified_gmt":"2026-06-06T04:36:57","slug":"ed-closes-fema-probe-against-myntra","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/06\/06\/ed-closes-fema-probe-against-myntra\/","title":{"rendered":"ED closes FEMA probe against Myntra"},"content":{"rendered":"<p>A FEMA investigation against Flipkart-backed online fashion-and-lifestyle platform Myntra has been \u201cterminated\u201d after the RBI issued a compounding order on the basis of a \u201cno objection\u201d given by the Enforcement Directorate (ED). The Reserve Bank of India (RBI) issued the order on April 20 in the case of Myntra Designs Private Limited, the ED said in a statement. <\/p>\n<p>The central agency had initiated a probe against the e-commerce platform last year for alleged contraventions of the Foreign Exchange Management Act (FEMA), based on \u201ccredible\u201d information.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A FEMA investigation against Flipkart-backed online fashion-and-lifestyle platform Myntra has been \u201cterminated\u201d after the RBI issued a compounding order on the basis of a \u201cno objection\u201d given by the Enforcement Directorate (ED). The Reserve Bank of India (RBI) issued the order on April 20 in the case of Myntra Designs Private Limited, the ED said in a statement. The central agency had initiated a probe against the e-commerce platform last year for alleged contraventions of the Foreign Exchange Management Act (FEMA), based on \u201ccredible\u201d information.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[79,4,18],"tags":[],"class_list":["post-1012723","post","type-post","status-publish","format-standard","hentry","category-it-2-the-pioneer","category-newspapers","category-the-pioneer"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1012723","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1012723"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1012723\/revisions"}],"predecessor-version":[{"id":1012750,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1012723\/revisions\/1012750"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1012723"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1012723"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1012723"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}