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  • Flipkart Group CEO Binny Bansal resigns after allegations of ‘misconduct’

  • Shekhar Chs
    Expert +
    07:52 pm 13 November 2018
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    Walmart earlier this year agree to pay $16 billion cash for a roughly 77 percent stake in the Indian e-commerce firm, Amazon’s main rival for India’s 1.3 billion consumers.

     

    Shortly after Walmart announced the acquisition in May this year, Bansal talked about his departure in a sad Facebook post.

     

    Several months after Walmart bought Flipkart, the group CEO at the e-retail firm is leaving with immediate effect. Flipkart Group CEO Binny Bansal has resigned, allegedly following a probe into "serious personal misconduct"

     

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  • Infosys board slams Narayana Murthy in BSE filing report regarding Sikka resignation

  • Shekhar Chs
    Expert +
    05:15 pm 18 August 2017
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    The Infosys tussle has gone from bad to worse after the company's board questioned founder and former CEO of the company N.R. Narayana Murthy's allegations against Vishal Sikka. In a fresh BSE filing, the Board said Murthy's baseless allegations was what drove Sikka to resign as the CEO of the company. 

     

    Here's what the Board had to say in the BSE filing: 

     

    It has come to the attention of the Board that a letter authored by Narayana Murthy, the founder of Infosys has been released to various media houses attacking the integrity of the Board and Management of the Company alleging falling corporate governance stan

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  • Vishal Sikka has resigned as CEO of Infosys - Here is his letter to Infosys employees

  • Shekhar Chs
    Expert +
    10:30 am 18 August 2017
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    Vishal Sikka has resigned as managing director and chief executive officer of the company with immediate effect, Infosys said in an official statement on Friday.

    Post his decision, Sikka posted his resignation letter on his verified Twitter handle.

     

    Here's is the mail he sent to employees just after resignation.

     

    Dear Friends,

    After a lot of reflection, I have resigned from my position as your MD & CEO effective today.  A succession process has been initiated, with Pravin serving as interim MD & CEO, and I will work clo

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  • BookMyShow acquires Burrp for mere 6.7 Lakh?

  • Shekhar Chs
    Expert +
    06:26 pm 04 July 2017
  • Burrp is India's oldest food-tech business, which helps people discover eating joints around them. It currently lists over 56,000 restaurants across 12 cities.

     

    The acquisition includes the transfer of Burrp's key assets to BookMyShow, including employees and existing restaurant partnerships.

     

    "Movie going in India is a social activity and food is an integral part of it. This is where Burrp fits in for us. We are excited to have Burrp on board and look forward to benefitting from their experience, technology and partnerships to offer a superior and comprehensive offering to our users," said Mansi Vora, Head- Mergers and

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  • How to Become a Millionaire by Age 30

  • Abhinav Mishra
    Expert +
    03:34 pm 27 June 2017
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    Becoming a millionaire by the age of 30 is not an impossible task anymore. You don't have to be next Steve Jobs or Mark Zuckerberg to achieve that. If you do certain things properly at the start of your career, reaching that mark won't be a huge task. If you are in your 20s currently, below steps will surely help you in achieving your goal -

     

    Start early

    The early you start the better it is. You need to be clear what you want by the time you turn 30. Once you have done that you have to make a road map to achieve your goal. You cannot succeed overnight, so there have to be a frequent checkpoint and pit stops. If you start early you can get more pit stops and more the

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