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EMPLOYEE SHARE BUYBACK
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...
India’s real estate will meet the reality of agentic AIIndia’s IT slowdown, driven by AI-driven automation and shrinking outsourcing demand, is beginning to hit real estate, mortgages, and emplo...
Trent shares jump 4% ahead of board meet to consider bonus issue on April 22Shares of Trent Limited rose 4% ahead of its April 22 board meeting to consider a bonus issue, dividend and fundraising plans. Investors re...
Jio preps May IPO; Wipro slips after resultsJio Platforms is edging towards a long-awaited IPO as markets wobble amid Iran tensions. This and more in today's ETtech Top 5.
Wipro Q4 net profit dips 1.9% to Rs 3,502 crore, revenue rises 8%Wipro reported a 1.6% decline in annual revenue in fiscal year 2026 in constant currency terms, in line with its larger rival, Tata Consult...
'Weak and lacklustre': Why Jefferies is disappointed with Wipro earnings as ADRs fall nearly 3%Wipro’s March quarter results missed expectations, with weak revenue growth, declining profit, and soft guidance. Jefferies highlighted slo...
Wipro bags Alpha Net client contracts in $71-million dealThe acquisition will give Wipro access to a set of key clients, customer contracts and related employees from Alpha Net Group. The deal als...
Visa processing startup Atlys announces Esop buyback worth Rs 4 croreAtlys conducted its first Esop buyback worth Rs 4 crore, allowing eligible employees to sell up to 25% of their vested stock options. The s...
TikTok may get $330-billion valuation in new share buybackByteDance, the parent company of TikTok, is planning a new employee share buyback, valuing the company at over $330 billion. This decision ...
Flipkart’s $1.5 billion Esop buyback timeline; from 2018 to nowThe latest Esop buyback, worth $50 million, will benefit about 7,500 staff. To date, the ecommerce leader, which is moving towards an IPO, ...
Anthropic to buy back employee shares at $61.5 billion valuation: The InformationAnthropic is preparing to carry out its first employee share buyback, valuing the firm at $61.5 billion. The initiative also reflects a bro...
TikTok owner ByteDance offers to buy back shares from staff at $160 apieceThe price per restricted stock unit is in line with an offer it made to current and former US employees in October, according to a report w...
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...
Netcore completes ESOP buyback for past and existing employeesIn a parallel exercise, Netcore’s holding company also completed a buyback scheme of shares held by current and ex-employees.
Not all Flipkart employees happy with share buybackEven though the company’s employees were informed that they have the option of cashing out 100% of their vested stock options, there seems ...
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.
Swiggy board approves Rs 27 cr employee stock repurchase programmeWith this, the food-tech startup has become one of the youngest internet startups in the country to make the offer.