ED vs Myntra: ₹1,654 Crore FEMA Case
🧵 What’s the Issue?
Myntra got foreign money (Foreign Direct Investment or FDI) to run a wholesale business—selling in bulk to other companies.
But according to the Enforcement Directorate (ED), they were actually doing retail, selling to regular customers through a connected company called Vector.
That’s like telling the government, “I’m opening a supermarket for businesses,” but secretly selling groceries to individuals using your friend’s shop.
---
🧮 How Big is the Problem?
ED says Myntra wrongly used FDI worth ₹1,654 crore—that's a massive amount!
---
🧑⚖️ What Rules Were Broken?
India’s FDI rules say:
- Wholesale businesses can take foreign money, but only sell up to 25% of their stuff to related companies.
- Myntra allegedly sold almost everything to Vector, which then sold it to normal shoppers.
That breaks the rules.
---
🗣️ What Myntra Said
They haven’t received the ED complaint yet but say they’ll fully cooperate.
🧵 What’s the Issue?
Myntra got foreign money (Foreign Direct Investment or FDI) to run a wholesale business—selling in bulk to other companies.
But according to the Enforcement Directorate (ED), they were actually doing retail, selling to regular customers through a connected company called Vector.
That’s like telling the government, “I’m opening a supermarket for businesses,” but secretly selling groceries to individuals using your friend’s shop.
---
🧮 How Big is the Problem?
ED says Myntra wrongly used FDI worth ₹1,654 crore—that's a massive amount!
---
🧑⚖️ What Rules Were Broken?
India’s FDI rules say:
- Wholesale businesses can take foreign money, but only sell up to 25% of their stuff to related companies.
- Myntra allegedly sold almost everything to Vector, which then sold it to normal shoppers.
That breaks the rules.
---
🗣️ What Myntra Said
They haven’t received the ED complaint yet but say they’ll fully cooperate.
❤1
Finally Official HyperOS 2.2 Indian update Available for Poco F5, New Amazing Features more
✅ https://youtu.be/kO7qevP2tAw
🟥 https://youtu.be/kO7qevP2tAw
🎞 https://youtu.be/kO7qevP2tAw
➡️ Download Files⬇️ Link🔗
🆕 HyperOS 2.0.203 in
🕺 Mirror
🫀 🫀 🫀 🫀 🫀 🫀 🫀 🫀 🫀 🫀
📱 Install Guide 🔐 Integrity Fix
🫀 🫀 🫀 🫀 🫀 🫀 🫀 🫀 🫀 🫀
💻 💬 Special Service 💰 Donate💸
🫀 🫀 🫀 🫀 🫀 🫀 🫀 🫀 🫀 🫀
😍 Join our TG community✅
🫀 🫀 🫀 🫀 🫀 🫀 🫀 🫀 🫀 🫀
✅ Follow on 📱 📱 📱 📱 📱 📱 ⛰
Please open Telegram to view this post
VIEW IN TELEGRAM
🔥2
HydraOS with Huge Customization and Animation Control and better Performance for POCO F3/MI 11X
✅ https://youtu.be/gREWnAN3Vds
🟥 https://youtu.be/gREWnAN3Vds
🎞 https://youtu.be/gREWnAN3Vds
➡️ Download Files⬇️ Link🔗
🆕 HydraOS
🕺 Credit- @a0017aa
🫀 🫀 🫀 🫀 🫀 🫀 🫀 🫀 🫀 🫀
📱 Install Guide🔐 Integrity Fix
🫀 🫀 🫀 🫀 🫀 🫀 🫀 🫀 🫀 🫀
💻 💬 Special Service 💰 Donate💸
🫀 🫀 🫀 🫀 🫀 🫀 🫀 🫀 🫀 🫀
😍 Join our TG community✅
🫀 🫀 🫀 🫀 🫀 🫀 🫀 🫀 🫀 🫀
✅ Follow on 📱 📱 📱 📱 📱 📱 ⛰
Please open Telegram to view this post
VIEW IN TELEGRAM
❤3
🤪9😁5👍1
Nothing is giving you a ₹10,000 exchange bonus plus a ₹10,000 bank discount!
The best part? You can combine both offers!
Don’t miss out — grab yours now: https://fkrt.co/JGzgtF
The best part? You can combine both offers!
Don’t miss out — grab yours now: https://fkrt.co/JGzgtF
😁6👻3😭2
Tech Office : Updates & Tech News ~1
Xiaomi Benchmark cheating like iQOO. Any package name in this is considered a benchmark app and is provided with higher thermal limits and better performance! They stored it in the system table which anyone can read....
Companies that have been caught engaging in benchmark cheating practices include:
Huawei & Honor: Both were caught optimizing their phones to over-perform in benchmark tests, leading to 3DMark delisting several of their devices.
OnePlus: OnePlus was accused and found to be inflating benchmark scores by artificially boosting clock speeds when running benchmark apps.
They later acknowledged the behavior and stated they would address it.
Samsung: Samsung was caught engaging in benchmark manipulation for devices like the Galaxy S4 and Note 3, where the phone would prevent its processor from entering low-power modes and boost CPU speeds when benchmark apps were detected, notes Firstpost.
Oppo: Oppo was found to have manipulated benchmark scores on the Oppo R17 Pro, showing significantly higher scores than they would otherwise achieve.
Realme: Realme was caught manipulating benchmark scores, leading to the Realme GT being banned from Antutu for a period.
MediaTek: A surprising twist in the tale involves a chipset manufacturer.
MediaTek was found to be providing "benchmark cheating as a service" to some smartphone brands, notes AnandTech.
They created a "Sports Mode" that significantly boosted device performance when certain benchmarks were detected, notes Forbes.
Meizu: Meizu was also found to be engaging in benchmark cheating by artificially inflating scores on phones like the Meizu Pro 6 Plus.
Xiaomi: Xiaomi was found inflating scores on the Mi 8.
Huawei & Honor: Both were caught optimizing their phones to over-perform in benchmark tests, leading to 3DMark delisting several of their devices.
OnePlus: OnePlus was accused and found to be inflating benchmark scores by artificially boosting clock speeds when running benchmark apps.
They later acknowledged the behavior and stated they would address it.
Samsung: Samsung was caught engaging in benchmark manipulation for devices like the Galaxy S4 and Note 3, where the phone would prevent its processor from entering low-power modes and boost CPU speeds when benchmark apps were detected, notes Firstpost.
Oppo: Oppo was found to have manipulated benchmark scores on the Oppo R17 Pro, showing significantly higher scores than they would otherwise achieve.
Realme: Realme was caught manipulating benchmark scores, leading to the Realme GT being banned from Antutu for a period.
MediaTek: A surprising twist in the tale involves a chipset manufacturer.
MediaTek was found to be providing "benchmark cheating as a service" to some smartphone brands, notes AnandTech.
They created a "Sports Mode" that significantly boosted device performance when certain benchmarks were detected, notes Forbes.
Meizu: Meizu was also found to be engaging in benchmark cheating by artificially inflating scores on phones like the Meizu Pro 6 Plus.
Xiaomi: Xiaomi was found inflating scores on the Mi 8.
👍3😭2
Tech Office : Updates & Tech News ~1
Companies that have been caught engaging in benchmark cheating practices include: Huawei & Honor: Both were caught optimizing their phones to over-perform in benchmark tests, leading to 3DMark delisting several of their devices. OnePlus: OnePlus was accused…
Conclusion : Every single one is a devil in disguise.
India’s draft National Telecom Policy 2025 aims to make the country a global telecom leader by 2030.
2030 Goals :
- 💡 Universal 4G coverage and 90% population coverage with 5G
- 🏠 Fixed broadband in 10 crore households
- 💼 Creation of 1 million new jobs and reskilling of another 1 million workers
- 📈 ₹1 lakh crore (~$12 billion) annual investment in telecom infrastructure
- 📦 150% increase in domestic telecom manufacturing output
- 🌍 Double telecom product exports
- 🔐 50% reduction in cybersecurity incident response time
- 🌱 30% reduction in telecom sector’s carbon footprint
---
🎯 Six Strategic Missions
Universal & Meaningful Connectivity : 100% 4G, 90% 5G coverage; fiberisation of towers to 80%; 1M public Wi-Fi hotspots
Innovation : Top 10 global hub for 6G, AI, IoT, quantum; 10% global share in 6G IPRs
Domestic Manufacturing : 50% import substitution; Telecom Manufacturing Zone (TMZ); IIT for telecom tech
Secure & Trusted Network : National Telecom SafeNet; biometric user ID; satellite cybersecurity monitoring
Ease of Living & Doing Business : Simplified spectrum allocation; faster grievance redressal; composite billing
Sustainable Telecom : 30% towers on renewable energy; e-waste management; carbon market integration
2030 Goals :
- 💡 Universal 4G coverage and 90% population coverage with 5G
- 🏠 Fixed broadband in 10 crore households
- 💼 Creation of 1 million new jobs and reskilling of another 1 million workers
- 📈 ₹1 lakh crore (~$12 billion) annual investment in telecom infrastructure
- 📦 150% increase in domestic telecom manufacturing output
- 🌍 Double telecom product exports
- 🔐 50% reduction in cybersecurity incident response time
- 🌱 30% reduction in telecom sector’s carbon footprint
---
🎯 Six Strategic Missions
Universal & Meaningful Connectivity : 100% 4G, 90% 5G coverage; fiberisation of towers to 80%; 1M public Wi-Fi hotspots
Innovation : Top 10 global hub for 6G, AI, IoT, quantum; 10% global share in 6G IPRs
Domestic Manufacturing : 50% import substitution; Telecom Manufacturing Zone (TMZ); IIT for telecom tech
Secure & Trusted Network : National Telecom SafeNet; biometric user ID; satellite cybersecurity monitoring
Ease of Living & Doing Business : Simplified spectrum allocation; faster grievance redressal; composite billing
Sustainable Telecom : 30% towers on renewable energy; e-waste management; carbon market integration
❤1
Precise information revealed exclusively on the Samsung Galaxy S26 Ultra:
The body continues to become thinner, less than 8 mm, the screen is larger, the length and width of the body are slightly increased and the weight is reduced by a few grams.
The body continues to become thinner, less than 8 mm, the screen is larger, the length and width of the body are slightly increased and the weight is reduced by a few grams.
🔥6
The Samsung Galaxy S26 series uses the Qualcomm Snapdragon 8 Elite2 from TSMC for Galaxy, with a frequency of 4.74 GHz
🔥8