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ZOMATO EMPLOYEES EQUITY
Zomato employees once took a 20% salary cut when times were tough. That later became a 30X fortune, recalls ex-stafferDuring Covid, Zomato employees accepted salary cuts after the company’s food delivery business nearly shut down and it had only 45 days of ...- 100% equity NPS schemes have attracted younger investors, says Sriram Iyer, MD & CEO, HDFC Pension FundThe multiple-scheme framework introduced last year, the lower mandatory annuitisation requirement, and the growing focus on non-government ...
- Tech layoffs continue; ITC Infotech-Happiest Minds to mergeHappy Tuesday! Tech giants Oracle and Microsoft are planning to restructure their India workforces. This and more in today’s ETtech Morning...
- Fintechs chase new revenue; Flipkart’s food delivery launchHappy Monday! As core growth cools, India's listed fintechs are diversifying fast and launching new products. This and more in today’s ETte...
- Swiggy trims losses in Q1; IT's comeback rallySwiggy delivered improved Q1 earnings with a narrower loss and higher revenue. This and more in today's ETtech Top 5.
- Zomato parent Eternal grants stock options worth Rs 26 crore to employeesEternal, Zomato's parent company, has approved stock options for its employees. The options are worth Rs 26.1 crore. Eligible employees wil...
- Zomato grants Rs 330 crore in stock options to employees via ESOPsZomato, the renowned food delivery platform, announced the grant of nearly 12 million stock options valued at Rs 330.17 crore under its ESO...
- JM Financial cuts Zomato's target price by 8% on ESOP costsJM Financial has lowered Zomato's target price to Rs 230 from Rs 250, noting that ESOP costs are no longer considered one-off expenses foll...
- Zomato shares fall over 4% after co-founder Gunjan Patidar resigns“Such developments create extra selling pressure on the stock. If these kinds of exits happen at the top level, it will have a negative imp...
- Is yet another top-level exit at Zomato a winter chill for Street investors?Some market participants see a knee jerk negative impact of the news on the stock on Tuesday. Shares of the company ended 1.5% higher on th...
- Getting an ESOP in your next job? Here's how an ESOP works, risks involved and tax implicationsTypically, a company offers its employee an option to buy a fixed number of stocks after a vesting period at a predetermined price that oft...
- Zomato allots 4.66 crore shares to employees at 98% discountThe volumes for Zomato have remained elevated on the exchanges as more than 145 million shares of the company exchanged hands on BSE as of ...
- Zomato’s stock plunges over 11% to hit all-time lowZomato’s market capitalisation at Rs 37,000 crore ($4.6 billion) is now below its last private valuation of $5.5 billion
- Zomato plummets 14%, hits record low after lock-in for 613 crore shares endsZomato's shares have lost about 72 per cent of their value from the all-time peak of Rs 169.10, whereas the stock is trading about 38 per c...
- Zomato IPO: When will it open, IPO price, retail quota, how many shares can you bid for, allotment statusZomato IPO will open for subscription on Wednesday, July 14, and will close on Friday, July 16. The price band for Zomato IPO has been fixe...
- Sanjeev Bikhchandani on why unicorns don’t go public in IndiaSwiggy and Zomato are neck and neck on delivery and Zomato also has a big non-delivery business.
- Info Edge promoter Sanjeev Bikhchandani transfers 13,000 personal shares to employeesSanjeev Bikhchandani, founder and promoter of Info Edge which runs naukri.com transferred 12,900 personal shares to employees.
- InfoEdge promoter transfers 10,000 personal share to employeesSanjeev Bikhchandani, Founder Promoter and Executive Vice Chairman, has transferred 10,000 shares from his personal shareholding.
- Zomato, Ola founders mock Rahul Yadav's call to give half their shares to employeesTaking it in the right spirit, Goyal of Zomato replied, "Aww, so cute," while Aggarwal replied, "Give that man a cookie," along with a pict...
- Zomato's valuation quadruples in a year after Vy Capital pumps in moneyIt has acquired four companies in the last few months. "These acquisitions have worked well for us. Now we are looking at bigger acquisitio...
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