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What happens to Flipkart leadership after co-founder Binny Bansal's abrupt resignation?

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Binny Bansal's resignation from Flipkart marks the exit of the last of the two venerable names who founded the Indian online retailer. But Walmart expressed confidence in the leadership structure and says the transition was in the works for some time.

Binny Bansal may have resigned from Flipkart following a probe into allegations of "serious personal misconduct", but the co-founder of the online retailer was considering the move for "some time" now, said US-based retailer Walmart, which acquired the Indian e-tailer earlier this year.

"Binny has been contemplating a transition for some time and we have been working together on a succession plan, which has now been accelerated," Walmart said in a........

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