On January 10, 2017 14:55 (IST)
The highly competitive e-commerce market in India has driven players to offer steep discounts in a bid to snag market share. This in turn has raised concerns around profitability and dented valuations of many e-tailers including Flipkart.
On January 10, 2017 10:40 (IST)
The shake-up follows a series of valuation writedowns for Flipkart, which has seen its lead in the online market in India eaten into by global e-commerce giant Amazon.
On January 09, 2017 22:59 (IST)
Kalyan Krishnamurthy, currently heading the Category Design Organisation, will become the CEO of Flipkart.
On November 03, 2014 22:07 (IST)
In significant top-level management changes at Flipkart, interim CFO Kalyan Krishnamurthy is leaving the firm and fashion head Mukesh Bansal will now be the marketing chief of the home grown e-commerce major.