Posted inAT Finance, India, Iran, Middle East, Singapore, South Asia

Top Flipkart executive may exit once Walmart takes over

With US retail giant Walmart reportedly close to getting a majority stake in Flipkart, changes to the top-level management at India’s largest online marketplace are expected. If the takeover negotiations are successful, Flipkart founder and executive chairman Sachin Bansal may step down, the Economic Times has reported. However, Walmart reportedly wants Group CEO Binny Bansal […]

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