CEO of Walmart-Owned Flipkart Resigns After Investigation Into 'Serious Personal Misconduct': Report

Flipkart, India’s largest ecommerce company, sparked a bidding war between U.S. giants Amazon and Walmart this year—the winning bid for a majority stake from the latter was an eye-popping $16 billion. Less than half a year later, its co-founder and CEO Binny Bansal has reportedly stepped down following an accusation…

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