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ESOP CULTURE
SpaceX's blockbuster IPO could turn more than 4,000 employees into millionaires. Here’s howSpaceX is poised for a historic IPO, potentially raising $75 billion and valuing the company at $1.75 trillion. Extraordinary investor dema...
Billionaire Deepinder Goyal to sacrifice Rs 1,000 crore Eternal ESOPs on giving up CEO roleDeepinder Goyal is giving up more than ₹1,000 crore worth of unvested ESOPs as he steps down as Group CEO of Eternal, returning 3.3 crore s...
Alliance Insurance Brokers announces Rs 55 cr ESOPsAlliance Insurance Brokers has announced ESOPs worth Rs 55 crore. The ESOPs are for top performers and long-term employees. Aatur Thakkar, ...
Lloyds Metals: Building a people-first culture for the future of iron and steelLloyds Metals and Energy Limited prioritizes its employees. The company fosters a culture of freedom and trust. This encourages initiative ...
Rapido announces ESOP liquidation programmeAccording to a release, the company’s move aims to boost employee satisfaction and retention while promoting a culture of shared success an...
Employees of only 3,604 start-ups are eligible for tax relief on ESOPs: Will Budget 2025 extend this relief to all start-ups, unlisted companies?ESOP taxation rule in Budget 2025: The Budget 2020 has amended the taxation rules for ESOPs which provided tax relief to employees. However...
SaaS firm Whatfix rolls out $58 million buyback programme for employees, investorsThis buyback is being done at a premium to its second-last funding round, where eight current and former executives sold their vested stock...
Esop culture making India Inc top execs richerTop executives at major Indian companies saw their wealth increase by over ₹10,300 crore due to successful employee stock options. Firms li...
Zomato gets shareholder approval for Esop plan, gives up pursuit of NBFC licenceFood delivery company Zomato had proposed an Esop pool of 183 million shares. The new plan would mean a 2% stake dilution for existing shar...
How Tata Group companies are unlocking power of equity-based incentives to attract & retain talentOver the last two years, Tata Consumer Products, Tata Power, Tata Communications, Titan and Tata Elxsi began offering performance-based sto...
Startups like MPL tweak compensation structure, Esops amid downturnBengaluru-based MPL has introduced a new system aimed at rewarding team performance over individual achievements, changed its Esop (employe...
PE, VC funds urge Centre to tax Esops only at time of saleAt present, a startup employee who receives a grant of options from the firm under the employee stock ownership plan (Esop) has to pay full...
Spinny completes ESOP buyback worth $12 millionThis is the first ESOP buyback that Spinny, which recently onboarded former cricketer Sachin Tendulkar as a strategic investor, has facilit...
Indian IT use work environment, learning and Esops to retain people amid talent warInfosys expanded its Esop pool earlier this year while a much smaller Persistent Systems has rolled out an Esop covering almost 80% its emp...
Persistent Systems extends ESOP plan to 80% of global staffThe ESOP plan will increase Persistent Systems’ expenses by 70-80 basis points which it said will be offset by business growth over time. S...
Moglix completes USD 3 million ESOP buyback; expands pool to USD 10 millionIt has a supply chain network of over 16,000 suppliers and more than 35 warehouses and logistics infrastructure. The company, which also of...
Trident Group to distribute ESOPs worth Rs 200 cr in next fiscal"Trident Group has announced distribution of ESOPs worth Rs 200 crore through the Trident Welfare Trust among its employees in the financia...
Flipkart completes its ESOP repurchase plan of over $100 millionMore than 3000 current and former employees of Flipkart, its fashion arms Myntra and Jabong and its payments arm PhonePe participated in th...
Companies fear new insider trading rules leave little time for employees to exercise ESOPsThe dos and don’ts would leave little time for employees to exercise their stock options and make it impossible to collect shares.
- Taxability of ESOPs depends on Assessee's residential status
Companies view ESOPs as employee retention tools, serving the dual objective of rewarding employees for performance and loyalty and creatin...