Zee Media Bureau
New Delhi: Rumours are again doing the round that controversial CEO of Housing.com Rahul Yadav has resigned.
According to an ET report, Yadav has quit from his post, his second resignation in as many months, adding this time his resignation will be accepted by the board.
The report offers no details on why Yadav has decided to quit his post again.
In May, soon after his offer to resign was turned down, Yadav announced his decision to transfer his entire shareholding in the online real estate website to its employees. He owns about 4.57 per cent stake in Locon Solutions, the holding company of Housing.com.
Japan's SoftBank, and another investor Falcon Edge, had taken charge of operations at Housing after Yadav's confrontation with the board in late April and early May.
