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, says the company.

His decision follows an independent investigation done on behalf of Flipkart and Walmart into an allegation of serious personal misconduct, says Walmart Inc.

CEO of Myntra-Jabong Ananth Narayanan added that they expect House of Pataudi to become the number one ethnic wear brand on Myntra in the next three years.

Flipkart accounted for more than half of the Gross Merchandise Value (GMV) for the entire industry between the Diwali sale period of October 9 and October 14, 2018.

Through its SaaS platform, FarEye is making product Delivery an efficient process.

While Myntra wants to take its largest brands such as Roadster abroad, its bets are on the celebrity-backed brands, including HRX and All About You.

The Flipkart group has the horizontal e-commerce platform, of course, but also owns the fashion platforms, Myntra and Jabong

Flipkart has announced in a letter to current employees that they will be allowed to liquidate their ESOPs at $126-128 a unit - against $150 a unit as the reports had initially suggested.

GreyOrange, one of the rare hardware startups to come out of India, was founded in 2011 by BITS-Pilani graduates Samay Kohli and Akash Gupta.

None of India's other leading e-commerce portals - Flipkart, Snapdeal or Paytm Mall - currently have a local language version of their apps or websites.

In a regulatory filing yesterday, Biyani-led Future Lifestyle Fashions Ltd (FLFL) disclosed that it has reached a conditional agreement with leading e-commerce fashion business Koovs to acquire up to 29.9 per cent stake in it, subject to regulatory and procedural approvals.

Flipkart Fashion head Rishi Vasudev said that they have also revamped the whole buying experience and brought in personalization. He added that they have tied-up with lots of films and magazines.

E-commerce companies are now more conscious than ever about employee benefits.

Companies of all hues, including old warhorses, are now betting on stock options to ensure employee loyalty

IMF says India needs to address banking crisis to support investment, welcomes RBI's repo rate hikeThe International Monetary Fund (IMF) has said addressing the ongoing crisis in the banking sector was important for India to support investment and inclusive growth agenda. \"Addressing the banking sector balance sheet issues and improving the performance of particular public sector banks is a very important issue for India to support investment and its inclusive growth agenda,\" IM...