You are using an older browser version. Please use a supported version for the best MSN experience. CEO Rahul Yadav Has Reportedly Quit Again (Update: Or Has He?)

NDTV Profit logo NDTV Profit 25-06-2015

There's no keeping Rahul Yadav out of news, as it seems the controversial CEO of real estate listing site has quit yet again.

ET Tech reports that Yadav has quit from his post, his second resignation in as many months, adding this time his resignation will be accepted by the board. The report offers no details on why Yadav has decided to quit his post again. It does mention that Yadav will be asked by the board to stay on at the company and oversee product development.

*Update: * It seems ET has pulled its report, but a sister publication is still carrying a copy.

"After discussions with the board, Rahul has decided to step down," a source told ET. "There will be a board meeting within two weeks where this will be announced. He has let individual board members know."

Yadav is no stranger to controversy having first hit the headlines when the news of his dramatic resignation broke on social media. "I don't think you guys are intellectually capable enough to have any sensible discussion anymore," Yadav had written to the board in his resignation email, only to apologise to the board members and withdraw his resignation.

(Also see: Exclusive: Rahul Yadav of on Several Controversies and Some Plans)

A few days later issued a statement saying he was giving away all his shares to employees. Yadav has also courted controversy by criticising other companies and CEOs in the Indian tech space, including a feud on social media with Zomato CEO Deepinder Goyal.

(Also see: 'Quitting Was a Well Calculated Tactical Move,' and Other Things We Learnt From CEO Rahul Yadav's AMA)

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