Sachin Bansal steps down as CEO, Binny Bansal to head Flipkart

The management changes come amid talks that the company is preparing for an IPO in the United States. Image: Binny Bansal (L) and Sachin Bansal. Photograph, courtesy: Flipkart     In......

Sachin Bansal quits Ujjivan Small Finance Bank board

Sachin Bansal has resigned from the board of Ujjivan Small Finance Bank Ltd citing that an entity owned and controlled by him has applied for a universal banking licence, according to a regulatory......

It's a down-cycle, sector will bounce back: Sachin Bansal

Flipkart faces intense competition from larger global rival Amazon and local rival Snapdeal, which is backed by Chinese e-commerce giant Alibaba. Image: Binny Bansal (L) and Sachin Bansal.......

RBI rejects bank applications of Sachin Bansal-backed firm, 5 others

The Reserve Bank has rejected applications of Flipkart co-founder Sachin Bansal-backed company Chaitanya India Fin Credit Private Limited, and five others for setting up banks as these were "not......