Matthew Boyle And Saritha Rai Bloomberg

Flipkart, the e-commerce giant controlled by Walmart, is making progress toward an IPO as soon as the fourth quarter of this year, according to people familiar with the matter.

Binny Bansal's ouster, announced Tuesday from Walmart’s hometown of Bentonville, Arkansas, left workers at Flipkart, half a world away in Bengaluru, stunned.

Binny Bansal was stunned that Walmart, Flipkart's new owner, was probing an old affair. An investigation found no evidence of wrongdoing.

Binny Bansal, Flipkart CEO and co-founder, resigned after an investigation into allegations of sexual assault, dealing a blow to owner Walmart Inc.'s ambitions in the country. Mr Bansal, 37, stepped down immediately following an independent probe into the allegations, which the executive denies, Walmart said.

Binny Bansal, 37, stepped down immediately following an independent probe into the allegations, which the executive denies, Walmart said. The U.S. retail giant completed its $16 billion purchase of the company in August in a deal that lifted Bansal's net worth to $1 billion.

Hours before Walmart Inc. was scheduled to unveil the largest acquisition in its history, Masayoshi Son, chief executive officer of SoftBank Group Corp., spilled the beans to a roomful of investors and journalists in Tokyo. He confirmed that the U.S. retailer has agreed to buy control of Flipkart Online Services Pvt, the leading Indian e-commerce p...

The Walmart deal values Flipkart at about $20.8 billion and marks a blow against Amazon as the battle for e-commerce supremacy goes global

Flipkart, the e-commerce giant controlled by Walmart, is making progress toward an IPO as soon as the fourth quarter of this year, according to people familiar with the matter.

Binny Bansal's ouster, announced Tuesday from Walmart’s hometown of Bentonville, Arkansas, left workers at Flipkart, half a world away in Bengaluru, stunned.

Binny Bansal was stunned that Walmart, Flipkart's new owner, was probing an old affair. An investigation found no evidence of wrongdoing.

Binny Bansal, Flipkart CEO and co-founder, resigned after an investigation into allegations of sexual assault, dealing a blow to owner Walmart Inc.'s ambitions in the country. Mr Bansal, 37, stepped down immediately following an independent probe into the allegations, which the executive denies, Walmart said.

Binny Bansal, 37, stepped down immediately following an independent probe into the allegations, which the executive denies, Walmart said. The U.S. retail giant completed its $16 billion purchase of the company in August in a deal that lifted Bansal's net worth to $1 billion.

Hours before Walmart Inc. was scheduled to unveil the largest acquisition in its history, Masayoshi Son, chief executive officer of SoftBank Group Corp., spilled the beans to a roomful of investors and journalists in Tokyo. He confirmed that the U.S. retailer has agreed to buy control of Flipkart Online Services Pvt, the leading Indian e-commerce p...

The Walmart deal values Flipkart at about $20.8 billion and marks a blow against Amazon as the battle for e-commerce supremacy goes global