November 13th, 2018 7:19 PM 8 COMMENTS

Binny Bansal Flipkart Group CEO Resigns Following a Serious Personal Misconduct Probe

Flipkart Group CEO and co-founder Binny Bansal today resigned following a probe into an alleged "serious personal misconduct", the firm's new parent Walmart said. Bansal, 37, has strongly denied the allegation, the American retail giant said in a statement. His decision to step down follows an independent investigation done on behalf of Flipkart and Walmart, even though the probe "did not find evidence to corroborate the complainant's assertions against Binny", it... Read More

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