Binny Bansal Steps Down | Misconduct Accusations Force Flipkart’s CEO To Resign

Binny Bansal Steps Down

Binny Bansal Steps Down | Misconduct Accusations Force Flipkart’s CEO To Resign

Walmart Indian venture Flipkart loses CEO after misbehavior probe.

The CEO and co-founder of Walmart’s Indian venture Flipkart Group, Binny Bansal, has stepped down following an investigation into serious personal misconduct, Walmart Inc reported in a regulatory filing on Tuesday.

Bansal has vehemently denied the accusations, the company said in a report. Bansal and his representatives kept themselves out of media sight and could not be reached for comment.

Binny Bansal Steps Down

Click the link below for more Live Coverage

Kalyan Krishnamurthy will be the new CEO, he presently heads the company’s main Flipkart e-commerce operation. His role as the group’s Chief Executive would have him heading the broader group of businesses including apparel websites Myntra and Jabong.

Earlier this year Walmart bought 77% stake in Walmart at an equivalent of $16 billion. Flipkart, India’s premier e-commerce firm rules the online retail market share in a country with 1.3 billion consumers. Flipkart is the only formidable rival that Amazon has to reckon with in the Indian landscape.

Trending: Binny Bansal Steps Down, Misconduct Accusations Force Flipkart’s CEO To Resign, Walmart Indian venture Flipkart, CEO and co-founder of Walmart, Binny Bansal Flipkart,  Binny Bansal e-commerce, Binny Bansal Myntra, Binny Bansal Jabong, Binny Bansal Walmart, Binny Bansal $16 billion, Binny Bansal vs Amazon, Binny Bansal Amazon’s Rival, Flipkart CEO Resigns, Flipkart, Binny Bansal, Binny Bansal Resigns, Binny Bansal Quits, ndtv 24×7, Binny


Source: reuters, ndtv, hindustan times

Why read about this on Paandu?

Spread the love

Related posts

9 Thoughts to “Binny Bansal Steps Down | Misconduct Accusations Force Flipkart’s CEO To Resign”

  1. Immigration Lawyers… […]the time to read or visit the content or sites we have linked to below the[…]…

  2. Tadalafil Livraison Rapide Keflex And Bleeding finasteride tablets 5mg where to buy Viagra Rx Medstore Clomid By Mail Cialis 10mg Enough

  3. Buycheapviagrausa Finasteride 20mg For Sale Venta De Cialis En Espana cialis prices Fedex Doxycycline Tablet Cheap

  4. Propecia .2 Dose Kamagra Legale In Francia Fedex Shipping Free Shipping Zentel Medicine Amex order cialis online Cialis Grenoble Hbv Medications On Sale

  5. Acheter Viagra Contre Remboursement Cialis 20 Mg Interactions [url=]viagra[/url] Flushed Face Amoxicillin Buy 10mg Levitra Online Is Keflex A Type Of Penicillin

  6. Levitra Generique En Parapharmacie Cialis Gunstig Kaufen [url=]viagra online[/url] Valtrex

  7. I cannot thank you enough for the article.Really looking forward to reading more. Want more.

  8. Cod Direct Bentyl Next Day Medicine Mastercard Accepted Priligy Usa Sale Viagra Generico Nombre viagra online Discount Viagra Lowest Prices

Leave a Comment