Rejig at Flipkart: Binny Bansal now Group CEO, Kalyan Krishnamurthy CEO
In a major restructuring, e-commerce major Flipkart on Monday brought all its units under an umbrella firm and elevated Binny Bansal as Group Chief Executive Officer.
Jan 09, 2017, 22:26 PM IST
Sachin Bansal, Binny Bansal named 'Asians of the Year' by Straits Times
Sachin Bansal and Binny Bansal, founders of Flipkart, have been chosen for the prestigious 2016 `Asian of the Year` by Straits Times of Singapore as part of a group called the `The Disruptors`.
Dec 05, 2016, 13:02 PM IST
Flipkart eyes groceries, online furniture business
In a bid to expand its product portfolio, major online store Flipkart plans to enter the groceries space and also make a renewed push in the online furniture business space.
Nov 20, 2016, 22:48 PM IST
Baba Ramdev's close associate Balkrishna is 48th richest man in India: Forbes
Yoga guru Ramdev's close associate Balkrishna has entered India's richest 100 club with USD 2.5 billion networth owing to his 97 percent holding in Patanjali Ayurved, while new-age retailer Flipkart's co-founders Sachin and Binny Bansal made a surprise exit from the list.
Sep 22, 2016, 14:57 PM IST
Flipkart rejigs top order to 'simplify' organisation
Flipkart has rejigged its top deck yet again, carving a bigger role for head of 'category design management' Kalyan Krishnamurthy among other changes, to create a "top-team with clear accountabilities".
Aug 26, 2016, 19:17 PM IST
Raghuram Rajan, Sundar Pichai, Flipkart founders among 100 most influential people: Time
RBI Governor Raghuram Rajan, Google CEO Sundar Pichai and founders of Flipkart Binny Bansal and Sachin Bansal were named among the '100 Most Influential People in the World' by Time Magazine.
Apr 21, 2016, 18:37 PM IST
Flipkart acquires payment firm PhonePe
Flipkart on Friday announced the acquisition of PhonePe, a city-based mobile payments company co-founded by the e-commerce giant's two former employees.
Apr 01, 2016, 13:37 PM IST
Flipkart CEO's email account spoofed!
Refuting media reports that Flipkart CEO Binny Bansal`s email account has been hacked, the etailer on Friday said it was spoofed but not hacked.
Mar 18, 2016, 19:52 PM IST
Morgan Stanley says Flipkart overvalued; mark down share value by 27%
Morgan Stanley has marked down the value of Flipkart`s shares by 27 percent to signal the global investors, who believe India`s largest internet company is overvalued.
Feb 27, 2016, 15:56 PM IST
Myntra's Mukesh Bansal quits Flipkart; Ankit Nagor resigns too
In the most profile-yet exit for Flipkart, Myntra's Mukesh Bansal has quit as head of commerce and advertising business of India's leading online retailer.
Feb 10, 2016, 19:24 PM IST
Flipkart elevates Binny Bansal as CEO, Sachin as Executive Chairman
In a major top management rejig at Flipkart, Binny Bansal will be the new CEO in place of his co-founder Sachin Bansal, who would become Executive Chairman of India's biggest e-commerce company.
Jan 11, 2016, 17:37 PM IST
All's not well with Flipkart, reports a loss of Rs 2,000 crore
Combined sales of two main entities controlled Flipkart trebled to Rs.10,390 crore.
Dec 03, 2015, 15:09 PM IST
Flipkart expects to be in profit zone in 2-3 years; hints at IPO
Driven by increasing Internet population and growing preference for online shopping, eCommerce companies have witnessed a huge jump in sales.
Oct 30, 2015, 20:36 PM IST
Mukesh Ambani richest Indian, Flipkart co-founders new billionaires: Forbes
India`s leading e-retailer Flipkart`s co-founders Sachin Bansal and Binny Bansal are the latest billionaires in the country, with $1.3 billion (Rs.8,582-crore) net worth each, according to leading business magazine Forbes India` rich list released on Wednesday.
Sep 23, 2015, 23:06 PM IST
Many complaints on Flipkart discount sale: Nirmala Sitharaman
In recent times, many e-commerce portals have been coming out with steep discount sales.
Oct 08, 2014, 14:10 PM IST
Flipkart apologises for glitches during mega sale
Indian e-commerce giant Flipkart Tuesday apologised for the glitches encountered during yesterday's 'Big Billion Day' sale, admitting its "failure" in living upto the expectations of its customers.
Oct 07, 2014, 19:57 PM IST
