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CEO of Walmart’s Flipkart out following sexual misconduct allegations

CNBC 11/13/2018

Binny Bansal, the 37-year-old tech billionaire that has led India’s high-flying Flipcart e-commerce business, has resigned over charges of “serious personal misconduct.” The company said that a probe into the matter failed to confirm the allegations being made against Mr. Bansal but “it did reveal other lapses in judgment, particularly a lack of transparency, related to how Binny responded to the situation.”

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