Bengaluru, 13 November : Flipkart Group Chief Executive Officer (CEO) Binny Bansal resigned on Tuesday over an alleged ‘serious personal misconduct’, the company said.
“Bansal’s decision to quit came after an independent investigation done on behalf of Flipkart and Walmart into an allegation of serious personal misconduct,” the city-based e-commerce and its parent American retail giant Walmart said in a joint statement here.
Bansal, however, denied the allegation, the statement said.
“He (Bansal) denies the allegation. Nevertheless, we (Flipkart and Walmart) had a responsibility to ensure the investigation was deliberate and thorough,” the companies said.
The investigation also revealed lapses in Bansal’s judgement, the statement added.
“While the investigation did not find evidence to corroborate the complainant’s assertions against Binny, it did reveal other lapses in the judgement, particularly lack of transparency related to how Binny responded to the situation. Because of this, we have accepted his decision to resign,” the statement said.
“Binny has been an important part of Flipkart since co-founding the company, but recent events risked becoming a distraction and Binny has made a decision to step down,” said the statement.
With Bansal quitting, the group said it had accelerated the succession plan.
Going forward, Kalyan Krishnamurthy will continue to be the CEO of e-tailer Flipkart, which will include online fashion portals Myntra and Jabong, though they would operate separately.
As the country’s largest e-commerce player, the 11-year-old Flipkart Group includes e-tail sites Flipkart, Myntra, Jabong and digital payment platform PhonePe.
Though Binny and Sachin Bansal co-founded Flipkart in 2007, the latter left the company in May when Walmart bought a 77 per cent equity stake in the company for a whopping $16 billion (Rs 1,16,256 crore).
5 foods that can boost your mood and make you feel happier
1. RAW WALNUTS AND CASHEWS
An ounce of walnuts has four grams of protein (which fills you up and helps keep blood-sugar levels steady) and two grams of fiber (also helps fill you up), according to New York nutritionist Elisa Zied, registered dietitian and author of “Younger Next Week.”
One cup of kale is an an excellent source of vitamin A, vitamin C and vitamin K and magnesium, and a good source of fiber, said Zied. Kale is also high in copper, a trace mineral that works to support many vital functions.
Oysters are incredibly low in calories and decrease inflammation,” says New York nutritionist Bonnie Taub-Dix, R.D. and author of “Read It before You Eat It.”
Coffee is practically a magic bean when it comes to mood lifting: The caffeine in coffee can boost mental focus and alertness and athletic performance. Coffee consumption may also protect against Type 2 diabetes and decrease the risk of depression. But the less you consume, the better it works.
5. DARK CHOCOLATE
“Dark chocolate is one of the biggest mood boosters,” said Ramsey. Dark chocolate not only provides immediate eating pleasure, but it has a high percentage of cacao, which has more antioxidant power than many other foods.
5 Ways to Fight Depression, Improve Your Mood and Boost Productivity
1. Get bitten by the reading bug.
2. Clear your mind with movement.
3. Stop overthinking and do something.
4. Say no. Please.
5. Target harmony. Throw balance overboard.
Famous Perfume Designer Monika Ghurde Murdered In Goa
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It came as a shock to everyone after 39-year-old famous perfume designer, researcher Monika Ghurde was found dead at her residence in Sangolda, Goa on October 7. According to reports, Monica was raped and murdered as she was found n*ked with her hands and legs tied.
The police are currently investigating the matter and is also suspected to be the case of robbery. The exact cause of death is yet to know and the same will be revealed after the postmortem reports are out. Meanwhile, the police are interrogating the neighbours and other close people to nab the accused.
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