"Binny Bansal Denies Personal Misconduct Allegation": Walmart's Full Statement

Flipkart's board of directors accepted Binny Bansal's resignation on Tuesday. Mr Bansal stepped down as chief executive officer of Flipkart Group, following a probe into serious personal misconduct, US-based Walmart said in a statement. "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 B...