82cr at New Delhi's coveted Lutyens' zone, one of India's most expensive locations.Rumors are afloat that with the proposed deal with SoftBank Group Corp, Flipkart will see the return of Sachin and Binny Bansal, co-founders of the company, to their former glory.Flipkart's co-founder Binny Bansal stepped down from the Walmart-owned company on Tuesday, and now a report claims an investigation into the accusations of misconduct found that he had a consensual affair with the woman. All corporate functions including Human Resources, Finance, Legal, Corporate Communications and Corporate Development will also report to Binny. Sachin Bansal and Ankit Agarwal have registered a new company. Today, we are in a very strong leadership position with over 60 per cent market share of the m-commerce market, 50 million customers and clear leadership in smartphones and fashion. Bansal’s new venture comes as his cofounder Binny Bansal, who is not related, has taken on the role of executive chairman at xto10x Technologies, a company founded by former McKinsey consultant Saikiran Krishnamurthy, which will offer technology tools technology tools, learning and consulting services to growth-stage startups. In a quiet move, Flipkart founders Sachin Bansal and Binny Bansal set up a new company, Sabin Advisors, in December, 2017, reportedly for new businesses, that … On reported rift with Sachin Bansal, Binny said: "Now, it's all in the past. Flipkart co-founder Binny Bansal’s next act is aimed at helping the next generation of startup founders in India. Binny Bansal, who still holds 4% of Flipkart, has kept a low profile since his ouster from the company. Binny as chief executive officer will now be responsible for operationally driving the company and will be accountable for Flipkart's overall performance. The journey ahead is equally exciting and challenging. The name of the company is a combination of their first names, and as per the incorporation records, the the company lists its vertical as “Business Services”. Sachin will continue to be the Chairman of the Board.Binny as chief executive officer will now be responsible for operationally driving the company and will be accountable for Flipkart's overall performance. The company and its founders are (still) the quintessential Indian dream - owners' pride, and everyone else's envy.Flipkart founders Sachin Bansal and Binny Bansal have been issued notices by the Income Tax Department, asking them to disclose their total earnings arising out of Walmart-Flipkart deal.Becoming a self-made billionaire is no easy task; it's one of the greatest achievements.Months after launching its Ather 450 and Ather 340 electric scooters in India, Ather Energy has now announced the delivery dates of the former.Walmart-owned Flipkart is contemplating separating the responsibilities of chairman and group CEO, and is likely to replace Flipkart co-founder Binny Bansal as the group CEO.An 18 year old girl was beaten to death with an iron rod by her own mother for failing her English exam and falling in love.

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