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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.


Rukmini Rao
November 15, 2018
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.


PTI
November 14, 2018



BusinessToday.In
New Delhi, November 14, 2018
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.


BusinessToday.In
New Delhi, November 14, 2018
Apple appoints Nokia's Ashish Chowdhary to lead India operationsApple has appointed Nokia's Chief Customer Operations Officer (CCOO) Ashish Chowdhary as operation head for India to oversee the sales function. Chowdhary had joined Nokia in 2003 and will take responsibilities in Apple from January 2019. Apple CEO Tim Cook had recently said how the company has a \"long-term focus on the market\" in India. Chowdhary, replacing the company's current India operations head Michel Coulomb could be a ...


BusinessToday.In
New Delhi, November 14, 2018
Allegations were made by a former woman employee of Flipkart in 2016, who had already left the company in 2012.


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



Rukmini Rao
New Delhi, November 13, 2018
Here's the full text of his final letter to the Flipkart employees after his resignation.


Rukmini Rao
New Delhi, November 13, 2018
These have been challenging times for my family and me, says Binny Bansal.


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.


PTI
November 13, 2018



PTI
November 13, 2018



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 13, 2018
Amazon Wholesale had tweaked its strategy following regulatory changes in early 2016, as a result of which it saw a staggering jump.


BusinessToday.In
New Delhi, November 12, 2018
Alibaba also broke its previous record of $25.01 billion just a few hours into the sales and ended up 27 per cent higher than the last year's tally.


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