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EMPLOYEE STOCK OWNERSHIP PLAN
Meet Kunal Shah: He once worked as a delivery boy to support family. Now he's set to lead world's biggest messaging platformKunal Shah, the visionary behind fintech success CRED and FreeCharge, is set to lead Meta's global messaging giant, WhatsApp. Shah, who pre...
Cloudnine's 25% stake sale attracts top global PE firmsLeading global private equity firms are in the running to acquire a substantial minority stake in Cloudnine, India's premier maternity and ...
LTTS CEO Amit Chadha's FY26 remuneration drops 17% to Rs 15 croreL&T Technology Services CEO Amit Chadha received Rs 14.96 crore in FY26, a 17.4% decrease. CFO Rajeev Gupta's pay also saw a dip. The compa...
UpGrad to acquire Unacademy for Rs 2,055 crore, 90% below peak valuationAfter on-again, off-again talks, Ronnie Screwvala-run edtech firm UpGrad is acquiring UpGrad in a cut price deal. UpGrad is also raising an...
Founder offering only Rs 5000 for Content Head role sparks Internet outrage: 'Our housemaid earns more.....'A startup founder is facing severe online criticism. The founder advertised a full-time Content Head role with a salary of ₹5,000 to ₹15,00...
Dhan in talks to acquire Elevation Capital-backed Infinyte Club in cash and equity dealFounded in 2023 by Ankita Tandon and Joylita Saldanha, Infinyte Club offers wealth management tools targeted at startup employees and opera...
Mahindra to give Rs 400-500 cr ESOPs to 23,000 employeesIn an industry-first initiative, Mahindra & Mahindra is launching a one-time Employee Stock Ownership Plan (ESOP) for about 23,000 employee...
ESOPs fables hide risky endsEmployee stock ownership plans (ESOPs) are gaining traction as a tool for wealth redistribution, but their effectiveness varies. While ESOP...
IPO-bound Swiggy announces fifth Esop plan worth $65 millionSwiggy has cumulatively enabled over Rs 1,000 crore of Esops liquidity over the five events, benefiting more than 3,200 employees. Girish M...
The Sleep Company rolls out second tranche of Rs 2.4 crore ESOP buyback for employees“The Sleep Company introduced its ESOP programme three years ago, with the goal of providing employees with consistent wealth creation oppo...
What should NRIs know about ESOPs?The employee stock ownership plan (ESOP) is critical for the growth of the company-employee relationship. Since a company's success is a co...
Razorpay announces $10 million ESOP sale involving all employeesAll existing and former employees of the company who hold vested stocks will be eligible to sell up to 33% of their vested ESOP shares
Meesho undertakes ESOP buyback worth $5 mnThe total worth of the latest ESOP re-purchasing programme is expected to be approximately USD 5 million, it added.
Eco Survey flags 'disproportionate dwarfism' of Indian banks, calls upon PSBs to become efficientFlagging 'disproportionate dwarfism' of banks, Economic Survey called upon PSBs to become efficient.
Startups seek clarity on key tax issuesThe companies raised these issues during a recent meeting with finance minister Nirmala Sitharaman and senior tax officials, according to a...
Finance ministry may look into taxation of employee stock ownership plansFinMin plans to review the entire framework to make the compensation tool attractive for employees.
Flipkart delivers $100m Esops to a chosen fewEsop distribution took place as part of the company’s annual performance assessment programme.
UrbanClap facilitates ESOP sale worth Rs 18 croreThe ESOP sale marks the second such event by the firm in under two years — the previous one was in July 2017.
OYO approves new ESOP plan with additional benefitsThe ESOP will be administered by a compensation committee formed by the board of directors, which will establish procedures for the adminis...
Section of Air India employees want to be part of airline management: SourceAs many as 14 Air India unions had attended this meeting besides officials of various subsidiaries, including Air India Express.