Myntra-Jabong CEO Ananth Narayanan 9(Photo: Twitter/ Ananth Narayanan) 
Business

Myntra CEO Anant Narayanan to remain in post despite reshuffle in parent Flipkart

Following resignation of CEO Binny Bansal, there have been hierarchical changes to the e-commerce company which bought Myntra in May 2014.

From our online archive

MUMBAI: The chief of Flipkart Group's Myntra-Jabong said on Friday he will continue to lead operations at the fashion unit after a reshuffle in the ranks following the ouster of group CEO Binny Bansal. "I'm very excited about Myntra," Ananth Narayanan, chief executive of Myntra-Jabong told Reuters in an interview after Indian media reports that he was likely to quit after he was made to report into Kalyan Krishnamurthy, Flipkart's CEO and effectively the new group head.

Binny Bansal the chief of Flipkart Group resigned after an internal probe into what parent Walmart Inc said was "serious personal misconduct". The misconduct accusations followed an allegation of sexual assault, two sources previously told Reuters.

Who decides who stays on the electoral roll?

Tata Trusts propose Tata Sons rejig to retain holding company's private status

CEC Gyanesh Kumar will go, but system behind SIR must answer: Rahul Gandhi

SC asks Centre to examine statutory safeguards for minors using social media

Ujjain on edge after stone-pelting on cops over mosque removal drive; 15 detained, 7 booked