CEO of Walmart’s India venture resigns after sexual assault accusation: source

FILE PHOTO - Binny Bansal, Group Chief Executive Officer of India's largest e-commerce firm Flipkart, poses at the company's headquarters in Bengaluru, India July 7, 2017. REUTERS/Abhishek N. Chinnappa

(Reuters) – The chief executive of Flipkart Group, Walmart Inc’s <WMT.N> Indian e-commerce business, resigned following an internal probe into accusations of “serious personal misconduct,” Walmart said Tuesday. The misconduct accusations followed an allegation of sexual assault, two people familiar with the matter said. The departure of Binny Bansal, 37, one of the co-founders of […]

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