According to industry sources, Singh is expected to join Flipkart in December, and will work closely with Flipkart CEO Kalyan Krishnamurthy.

The most searched products during the season were -- bike, mobile phone, smartphone, car and TV, according to the report.

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\".

As its several senior executives are looking for new job opportunities, duplication of profiles arising out of integration within the Walmart-owned Flipkart Group could lead to even more top-level exits in the group.

Jabong is expected to lay off a significant portion of its workforce in Gurgaon as part of the restructuring effort that is underway at Flipkart Group post the deal with Walmart.

Myntra's private brands, or its private label business, has emerged as a differentiator and generates more than a quarter of its GMV.

Ashok Chawla resigns as non-executive chairman of Yes Bank; IT dept looking into 80,000 cases where returns not filed after demonetisation; Royal Enfield launches Continental GT 650 Twin, Interceptor INT 650 Twin in India; Flipkart registers 5x growth in air purifiers; Google launches Night Sight for Pixel 3, 3XL. Watch more in this episode of Business Wrap.

It took about 24 hours for Binny Bansal to go from Group CEO and Chairman of Flipkart to being forced to step down following allegations of personal misconduct.

Paytm wholesale business's objective is to \"carry on the business of buying, selling, reselling, importing, exporting - of goods and luxury brands on a wholesale and B2B basis.\"

Kalyan Krishnamurthy has a different working style, and both he and Narayanan don't see \"eye to eye\" on several issues, including Kalyan's push for the integration of Myntra and Jabong with Flipkart's fashion vertical, Flipkart Fashion.

Ashok Chawla resigns as non-executive chairman of Yes BankFormer bureaucrat Ashok Chawla resigned as non-executive chairman of Yes Bank on Wednesday, the private sector bank said. According to sources, Mr Chawla offered to quit as controversy was being generated on his continuance on the board of directors following his name appearing in a CBI charge-sheet in the Aircel-Maxis case. IT dept looking into 80,000 cases where returns not filed after demonetisationThe Income Tax Department is ...

Unlike the other co-founder Sachin Bansal who cashed out his stake, Binny Bansal has made his intentions clear by indicating he will hold on to minority stake in the company.

The increasing air pollution and deteriorating air quality in various cities across the country has led to a significant increase in the demand for indoor air purifiers for personal use.

The latest buzz is that the round will include an estimated $300 million worth of secondary share sales by some key backers of Swiggy. However, this is likely to be made at a discount to the valuation being negotiated for the primary investment.

Apple appoints Nokia's Ashish Chowdhary to lead India operations; Rupee rises to 72 level against dollar as crude oil price nears $65 per barrel; Binny Bansal quits Flipkart over personal misconduct allegations; Twitter CEO Jack Dorsey meets PM Modi; Govt masterstroke! 14 mega employment zones expected to create 10 million jobs. Watch more in this episode of Business Wrap.