Bansal, meanwhile, has strongly denied the allegation, saying he is shocked by the charge.

Walmart said Binny's decision follows an independent probe into an allegation of serious personal misconduct.

Binny left within months of joining Amazon , forcing Sachin to cough up money to pay back to the firm.

The Walmart deal, announced in May, saw the shock exit of Sachin Bansal who, along with Binny, started Flipkart in 2007 from an apartment i...

"His featuring in the Times 100 List of 2016 was testimony to his achievements,” he said.

Walmart CEO Doug McMillon Says Co’s Sourcing Of 90% Products Locally Fits With ‘Make In India’ Initiative

Sachin Bansal's decision to exit Flipkart after its takeover by Walmart was a "very emotional moment", said the company's co-founder Binny ...

In a bid to forestall the queries, Flipkart group CEO Binny Bansal told employees at a town hall that Sachin was “not part of the platform ...

US retailer Walmart Inc yesterday acquired 77 per cent stake in Flipkart for about USD 16 billion in its biggest acquisition till date.

The Bansals, who first met at Amazon’s India development centre in 2006, along with another colleague, had prepared a paper plan to start a...

“While Kalyan has been responsible for turning around the flagship business at Flipkart, Binny is critical to retaining the leadership at b...

Sachin is set to step down from the Flipkart board as Walmart prepares to invest $12-15 billion in the homegrown web retailer, valuing it a...

The decision on Sachin’s exit from Flipkart may be decided over the next one week as Flipkart and Walmart decide on the contours of the boa...

Sachin Bansal and Binny Bansal are among the most active investors in startups. They have invested in more than 20 early-stage ventures.

Binny Bansal’s answer is to double down focus in two areas: the main ecommerce business and logistics, a unit he knows only too well.

Flipkart is engaged in a fierce battle with US-based Amazon and local competitors such as Snapdeal, Paytm and ShopClues to retain its marke...

The Gurgaon-based start-up has recently launched a mobile application 'Plabro' to connect property brokers and help them in closing the dea...