After M&A, it is the founder leaders that help the new company ease into the new business and geography. But in a peculiar event Flipkart's CEO Binny Bansal stepped down following Walmart's investigation into an allegation of \"serious personal misconduct\".

ZEE Entertainment's idea of creating long-term value by transforming into a leading global media-tech player comes at a time when the broadcast business at large is beginning to show first signs of dip with advertising revenue getting impacted.