Flipkart CEO Binny Bansal Quits

Flipkart CEO Binny Bansal resigns from Flipkart after reports of ‘serious personal misconduct’, resignation effective immediately. Walmart issued a presser — “His decision follows an independent investigation done on behalf of Flipkart and Walmart into an allegation of serious personal misconduct. He strongly denies the allegation. Nevertheless, we had a responsibility to ensure the investigation […]