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PTI
November 20, 2018



BusinessToday.In
New Delhi, November 19, 2018
Myntra's CEO Ananth Narayanan said that about 250 jobs - or over 40% of Jabong's total workforce - would be lost courtesy a restructuring exercise.


BusinessToday.In
November 17, 2018
According to industry sources, Singh is expected to join Flipkart in December, and will work closely with Flipkart CEO Kalyan Krishnamurthy.


PTI
November 16, 2018



Sonal Khetarpal
November 16, 2018
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\".


BusinessToday.In
November 16, 2018
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.


BusinessToday.In
November 16, 2018
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.


Goutam Das
New Delhi, November 16, 2018
Myntra's private brands, or its private label business, has emerged as a differentiator and generates more than a quarter of its GMV.


BusinessToday.In
New Delhi, November 15, 2018
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.


PTI
November 14, 2018



Rukmini Rao
New Delhi, November 14, 2018
Although Krishnamurthy didn't go into the details of the investigations, in his email, he assured employees that it will be business-as-usual, going forward.


PTI
November 13, 2018



Rukmini Rao
New Delhi, November 13, 2018
Though Walmart has not disclosed the nature of the allegations, sources say the complaint was filed in July by one of the ex-employees of Flipkart, following which an inquiry was conducted by an independent law firm at the behest of Flipkart board.


PTI
November 13, 2018



PTI
November 13, 2018



BusinessToday.In
New Delhi, November 13, 2018
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.


BusinessToday.In
New Delhi, November 13, 2018
His decision follows an independent investigation done on behalf of Flipkart and Walmart into an allegation of serious personal misconduct, says Walmart Inc.


BusinessToday.In
New Delhi, November 12, 2018
Flipkart co-founder Sachin Bansal, who made $1 billion from his stake sale to Walmart, is in talks to invest in Ola and electric scooter startup Ather Energy.


PTI
October 29, 2018



BusinessToday.In
New Delhi, October 22, 2018
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.


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