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Walmart Inc.WMT 1.08 % increase; green up pointing triangle said the chief executive of Flipkart Group, its Indian e-commerce business, resigned following an independent investigation into a ...
Walmart announced today that Binny Bansal, CEO of Walmart's Indian e-commerce company Flipkart, had resigned after an internal investigation related to Bansal's personal conduct. Bansal is a ...
Walmart Inc.'s Flipkart Group, an India-based e-commerce company, disclosed Tuesday Chief Executive Binny Bansal has resigned, effective immediately. The resignation comes after an independent ...
Flipkart, India’s largest ecommerce company, sparked a bidding war between U.S. giants Amazon and Walmart this year—the winning bid for a majority stake from the latter was an eye-popping $16 ...
The chief executive of Walmart’s Flipkart Group, Binny Bansal, is stepping down amid an investigation into “serious personal misconduct,” the retailer announced Tuesday.
Amazon's looming presence on the periphery in Indian e-commerce at the beginning of 2017 fueled skepticism over the fate of retailer Flipkart, but CEO Kalyan Krishnamurthy has led a comeback for ...
Walmart has agreed to buy India's leading online retailer Flipkart, one of the startup's major investors said Wednesday. The US retailer "is purchasing" Flipkart, Softbank CEO Masayoshi Son said ...
US retail giant Walmart CEO Doug McMillon has reiterated the company’s commitment to seeing Indian ecommerce major Flipkart go for an initial public offering (IPO) overseas.
Following weeks of speculation and a premature leak from SoftBank CEO, Walmart has finally confirmed it will fork out US$16 billion to acquire a 77 percent stake in Indian e-commerce operator ...
Walmart has agreed to buy India's leading online retailer Flipkart, paying $16 billion for a controlling stake of 77%. Posted 2018-05-09T13:48:16+00:00 - Updated 2018-05-02T06:39:46+00:00 ...
(RTTNews) - Retail giant Walmart Inc. (WMT) and its India-based e-commerce site Flipkart said Tuesday that Binny Bansal has resigned as chief executive officer of Flipkart Group, effective ...