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WALMART LIQUIDITY OPTIONS FOR EMPLOYEES
Former Flipkart group employees launch petition seeking inclusion in proposed $2 billion Esop buybackOn October 10, a group of former executives launched a petition aiming to bring together 20,000-30,000 former employees of Flipkart and its...
GST overhaul: Export status for contract manufacturing to boost supply-chain shifts to IndiaGST reforms treating contract manufacturing for foreign principals as exports could boost India’s appeal as companies relocate parts of the...
RBI to sell $2.6 billion of bonds, tighten bank reserve need to squeeze cashThe Reserve Bank of India is set to initiate bond sales to better regulate liquidity within the banking system. As of October 16, banks wil...
Owner sees 2 employees coming to work on two wheeler in harsh winter, gifts Rs 45 lakh BMWs to themA restaurant owner in China's Henan province gifted two employees brand-new BMW cars worth around Rs 43 lakh each after seeing them commute...
Teacher denied gratuity for retiring at 62 instead of 60; Allahabad HC orders payment with 6% interest, here's whyA teacher was approved for working till 62 years age however, she was denied gratuity payment on the ground that the retirement age was 60 ...
Green card woes deepen for Indian tech workersThousands of Indian technology professionals are facing uncertainty regarding their US permanent residency applications. Major technology c...
‘You have a green card of your own’: US' new PERM rules expose a job trap of 'rewards' that employees get stuck in for years, warns IIM alumnusAn IIM Lucknow alumnus has drawn a parallel between the US green card restrictions affecting Indian professionals and a career trap that ma...
US green card delays: What options do Indian tech workers have if PERM is suspendedWith the US labour certification process now suspended, Indian technology workers face an uncertain future in their pursuit of permanent re...
PERM ban is not just an H-1B problem: Who else could lose their green-card path?The US Labor Department’s PERM suspension could affect foreign workers beyond H-1B holders, including some L-1, O-1, TN, E-3 and F-1 OPT wo...
PERM suspension could trap tech workers in a green card visa cycleThe US suspension of Microsoft, Adobe and six other IT services companies from the PERM green card process could leave some H-1B workers st...
Lawmakers raise alarm at Google plan to acquire Spirit Airlines data for AI modelsMore than 120 US lawmakers raised concerns about Google's deal to acquire Spirit Airlines' internal data for artificial intelligence. The d...
Anup Bagchi set to become India's highest-paid bank CEO, may earn Rs 35.9 crore a yearHDFC Bank has proposed a substantial annual remuneration package of ₹35.9 crore for Anup Bagchi, subject to shareholder approval. This pack...
Starbucks plans to permanently close five Washington coffeehouses and cut eight jobs at its Seattle headquartersStarbucks plans to permanently close five coffeehouses in Washington and eliminate eight positions at its Seattle headquarters, as per stat...
Nvidia employee policy: Extra offs, lucrative monetary incentive, Jensen Huang's 'direct' approach, inside details of world's most valuable company's work-life balanceNvidia is heading for the magical USD 6 trillion market cap and here are details of how the AI chip maker maintains professional relationsh...
RBI's first big liquidity mop-up after rate hike falls short as banks park less than half the targetIn a bid to manage liquidity, the Reserve Bank of India executed a 29-day variable rate reverse repo auction, yet banks only stashed away R...
RBI bid to drain surplus liquidity and improve rate transmission sees muted responseBanks parked just Rs 79,655 crore in the central bank’s 29-day variable rate reverse repo (VRRR) auction, less than half the Rs 2 lakh cror...
Using your FSA wisely? Up to $3,400 can be set aside pre-tax in 2026, and millions of workers forget to claim every single dollar of itThe 2026 FSA limit is going up to $3,400. That's $100 more than the 2025 limit. For workers who expect regular medical expenses, the higher...
Flipkart alumni seek Esop buyout; Local sourcing for ISM 2.0Former Flipkart executives are seeking a full cash-out of vested Esops. This and more in today’s ETtech Top 5.
ET Exclusive: Flipkart’s former suites write to Walmart board, seek fair treatment and full cash out of vested ESOPsA group of former senior Flipkart executives has urged Walmart to buy back their vested stock options. This request comes after the company...
Meet world’s richest woman: Alice Walton got $33 billion richer without running Walmart, is building a $250 million tuition-free medical schoolAlice Walton, the world’s richest woman and Walmart heiress, saw her fortune rise by $33 billion in one year even though she does not run t...