Binny Bansal has announced his resignation as CEO of Flipkart Group, effective immediately, following an independent investigation into an allegation of “serious personal misconduct,” said Walmart Inc., in a statement. The world’s largest retailer said that Mr. Bansal had been an important part of Flipkart since co-founding the company, but that Mr.Bansal made the decision to step down after recent events risked becoming a distraction.
Read the full story at https://www.thehindu.com/business/Industry/flipkart-ceo-binny-bansal-quits-over-allegation-of-serious-personal-misconduct/article25485432.ece
SOURCE: The Hindu
tags:
Flipkart
