Flipkart Group CEO Binny Bansal resigns on 'misconduct allegation'
Flipkart Group CEO Binny Bansal today announced his resignation from the role. "His decision follows an independent investigation done on behalf of Flipkart and Walmart into an allegation of serious personal misconduct," said Walmart. "While the investigation did not find evidence...against Binny, it did reveal other lapses in judgement...related to how Binny responded to the situation," it added.