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Walmart-owned Flipkart Group CEO resigns over allegations of misconduct

Tuesday, November 13, 2018 by Piyush Suthar | Comments

Home News Tech Walmart-owned Flipkart Group CEO resigns over allegations of misconduct

Flipkart, the largest online store in India, just saw its company group CEO and co-founder Binny Bansal resign over allegations of misconduct. The news follows an independent investigation into Bansal’s actions at the Walmart-owned firm, and his denial of the allegations. Details of the incident are scant; Walmart noted in a press release: While the investigation did not find evidence to corroborate the complainant’s assertions against Binny, it did reveal other lapses in judgement, particularly a lack of transparency, related to how Binny responded to the situation. Because of this, we have accepted his decision to resign. "The allegations left…

This story continues at The Next Web

Authored by Piyush Suthar
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