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Friday, April 24, 2026
TopicBinny Bansal

Topic: Binny Bansal

Fundraisers who helped Harvard, Stanford could now work for IIT-Delhi endowment fund

The IIT-Delhi endowment fund has an initial commitment of Rs 250 crore from its alumni and nearly 20 corporate leaders who were part of the institute.

These new Indian billionaires are racing ahead as the old ones are fading away

Number of billionaires in India more than doubled to 119 between 2013 & 2018 & the country will lead global growth in ultrahigh net worth individuals.

On extramarital affairs, Flipkart & Walmart had very different points of view

Allegations against Binny Bansal arose just after Flipkart agreed to sell a controlling stake to Walmart.

End of the era of Bansals as #MeToo strikes Binny

Your daily news capsule.

Binny Bansal’s ‘consensual affair’ is an embarrassment for Walmart in India

Binny Bansal stepped down immediately after an independent probe into the allegations.

Flipkart CEO Binny Bansal quits after allegations of serious personal misconduct: Walmart

Walmart said that Bansal resigned as the CEO of Flipkart Group after an independent investigation into the allegations.

Mukesh Ambani’s RIL takes on Amazon, Walmart in e-commerce battle

Outlining the plan at RIL AGM, Mukesh Ambani says the effort will involve the group’s Reliance Retail and Reliance Jio.

On Camera

Hormuz crisis won’t replace the dollar with yuan. De-dollarisation is a myth

Recent data does not support any dramatic shift away from the dollar. As per IMF, the share of international transactions conducted in dollars has declined from 56.90% to 56.77%.

Haryana’s new industrial policy in the works, but industry says old problems remain unsolved

Increase in employment subsidy, Rs 500 crore for estate revamp, new townships in pipeline—but land cost, power breakdowns and inspector raj top among key worries for industry leaders.

Military pushes for private participation in space, more Indian satellites. ‘Can’t rely on single entity’ 

CDS Anil Chauhan says future space capability will not be built by government agencies alone. ‘It will be co-developed with industry, start-ups, and technology innovators’.

Trump, Netanyahu’s Iran gamble: The regime change rebound

American objectives are unmet. They neither have muscle nor motivation to resume the war. As for Iran, the regime didn’t just survive, it’s now led by more radical individuals.