China's JD.com announces $5 billion share buyback planJD.com, which last week beat profit forecasts for the June quarter, and rivals such as Alibaba, have been seeking to alleviate investor con...
27 Aug, 2024, 05.20 PM IST
Big LTCG gains for startups staff holding Esop in secondary dealsThe reduction in long-term capital gains (LTCG) tax on unlisted securities announced in the Union budget stands to benefit startup staffers...
31 Jul, 2024, 10.26 AM IST
Walmart spent $3.5 billion to buy Flipkart shares from Tiger Global, Accel, Binny Bansal, others: FilingTiger Global and Accel Partners held about 5% collectively in the Bengaluru-based etailer. Tiger registered a $3.5-billion in profits on it...
02 Sep, 2023, 04.13 PM IST
Flipkart pays $700 million Esop to staff post PhonePe splitMore than 24,000 individuals, including former Flipkart and Myntra employees, are eligible for payments from the buyback.
15 Jul, 2023, 02.43 PM IST
Flipkart-PhonePe spilt: Flipkart staff to receive $700 million cash payout this monthEligible former and current employees will receive $43.67, or about Rs 3,615 for each unit of Esop they hold in Flipkart as compensation fo...
07 Jul, 2023, 08.55 AM IST
Data analytics firm Tredence announces second Esop buyback worth $30 millionThe buyback will include over 270 employees globally, the statement said, adding that eligible employees will participate in the repurchase...
09 Feb, 2023, 07.41 PM IST
Nearly $700 million cash payout in store for Flipkart employees after PhonePe hive offEmployees who hold stock options in Flipkart will be paid cash equal to the value of PhonePe within those holdings, as the digital payments...
24 Dec, 2022, 09.19 AM IST
Flipkart may go for $700 million Esop buyback as part of PhonePe financing roundThe buyback, likely the largest in India’s new-age internet economy, is part of PhonePe’s latest $1.5-2 bn funding round led by Walmart
29 Nov, 2022, 01.34 PM IST
Walmart announces $20 billion share repurchase, anticipates lesser decline in annual profitThe Walmart has forecasted that its sales figures will rise in this quarter.
15 Nov, 2022, 09.02 PM IST
Ninjacart conducts Rs 100-crore ESOP buyback for current, former employeesNinjacart’s ESOP buyback announcement comes days after Flipkart and Walmart invested $145 million in the company. Flipkart recently effecte...
04 Jan, 2022, 04.56 PM IST
Flipkart to buy back employee stock options worth Rs 600 croreSources said the employee stock options buyback would entail a spending of about Rs 600 crore, and employees will be able to liquidate up t...
12 Jul, 2021, 10.57 PM IST
Flipkart delivers $100m Esops to a chosen fewEsop distribution took place as part of the company’s annual performance assessment programme.
10 May, 2019, 09.01 AM IST
Tencent’s consent key to future Flipkart share saleFlipkart investors can sell shares to Alibaba only if Tencent is notified of the transaction in detail at least five business days ahead.
08 Sep, 2018, 06.23 AM IST
Who made how much from Walmart-Flipkart dealThe Walmart deal must have enthused everyone as it valued the company at nearly $21 billion, a windfall for shareholders.
10 May, 2018, 03.18 PM IST
Walmart’s acquisition of Flipkart rakes in $500m moolah for FlipstersFlipkart’s stock options are granted over a four-year period, with employees allowed to vest them every month after a one-year threshold.
10 May, 2018, 12.58 PM IST
Flipkart buys back $350-million shares regaining private company statusThe ecommerce major has purchased 1,895,574 redeemable preference shares and 174,319 non-redeemable preference shares in a transaction that...
04 May, 2018, 08.24 AM IST
Flipkart to buy back shares to go privateIndia’s largest online retailer, which is registered as a public company in Singapore, needs to drop its number of shareholders to below 50...
02 May, 2018, 07.47 AM IST