UPDATE 2-Walmart India venture Flipkart loses CEO to misconduct probe
12 Nov UPDATE 2-Walmart India venture Flipkart loses CEO to misconduct probe
Posted at 13:13h
in
News
by KMFSLLP
The head of Walmart Inc’s Indian
venture Flipkart Group, Binny Bansal, has resigned following a
probe into “serious personal misconduct”, a shock to the U.S.
retailer’s efforts to compete with Amazon in India’s huge
consumer market.
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