8chan/8kun QResearch Posts (2)
#3882940 at 2018-11-13 13:42:45 (UTC+1)
Q Research General #4937: ebake
Walmart Inc.'s Flipkart Group, an India-based e-commerce company, disclosed Tuesday Chief Executive Binny Bansal has resigned, effective immediately. The resignation comes after an independent investigation into allegations of "serious personal misconduct." The company said Bansal "strongly denies" the allegations. "While the investigation did not find evidence to corroborate the complainant's assertions against Binny, it did reveal other lapses of judgement, particularly a lack of transparency, related to how Binny responded to the situation," Walmart and Flipkart said in a statement. "Because of this, we have accepted his decision to resign." Walmart had agreed in May to buy Softbank Group Corp.'s 9984, +1.87% stake in Flipkart for $16 billion. Walmart's stock fell 0.6% in premarket trade. It has soared 16% over the past three months through Monday while the Dow Jones Industrial Average DJIA, -2.32% has gained 0.8%.
https://www.marketwatch.com/story/walmarts-flipkart-ceo-resigns-amid-allegations-of-serious-personal-misconduct-2018-11-13
#3882335 at 2018-11-13 12:01:13 (UTC+1)
Q Research General #4936: [R+D COORDINATED BLITZ ATTACK] Edition
Notable Resignation
Walmart's Flipkart CEO Binny Bansal resigned, effective immediately
https://www.marketwatch.com/investing/stock/wmt
Binny Bansal is an Indian billionaire Internet entrepreneur.
https://en.wikipedia.org/wiki/Binny_Bansal