Esop

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Esop - Total results - 22
Cred initiates ESOP buyback worth $1.2 million as part of Series C fundraise
Business

Cred initiates ESOP buyback worth $1.2 million as part of Series C fundraise

The series C fundraising was led by its existing investor DST Global, along with Sequoia Capital, Ribbit Capital, Tiger Global, and General Catalyst.

Oyo announces ESOPs of Rs 130 cr for all furloughed employees impacted by COVID-19; forms exigency fund for staff
Business

Oyo announces ESOPs of Rs 130 cr for all furloughed employees impacted by COVID-19; forms exigency fund for staff

On 8 April, Oyo founder and Group CEO Ritesh Agarwal had said in a letter and video message that the company will place a certain number of employees on furloughs or temporary leaves, globally.

Income tax: Taxpayers should evaluate previous, latest slabs before finalising option; here's all you need to know about two regimes
Business

Income tax: Taxpayers should evaluate previous, latest slabs before finalising option; here's all you need to know about two regimes

Seven slabs have been introduced for personal income tax. The tax rates on income up to Rs 15 lakh have been reduced to benefit the Indian taxpayers.

IDFC First Bank CEO V Vaidyanathan sells shares worth Rs 58 cr to close loan availed by him
Business

IDFC First Bank CEO V Vaidyanathan sells shares worth Rs 58 cr to close loan availed by him

IDFC First Bank on Friday said its Managing Director and Chief Executive Officer V Vaidyanathan has sold 2.75 crore shares for approximately Rs 58 crore to close ESOP loan availed by him

Budget 2020: Startup sector needs relevant reforms, right support and opportunities to play crucial role in India's growth
Business

Budget 2020: Startup sector needs relevant reforms, right support and opportunities to play crucial role in India's growth

To reduce startup 'infant mortality' and encourage angel investments, risk-taking, creation of jobs, it is hoped the government will allow for tax exemption for amounts invested in accredited startups.

ICICI Bank-Videocon loan case: Chanda Kochhar plans legal battle to challenge ouster, bonus retrieval
Business

ICICI Bank-Videocon loan case: Chanda Kochhar plans legal battle to challenge ouster, bonus retrieval

Chanda Kochhar reportedly shot a legal letter to the private lender, objecting to the way her resignation was treated as termination, denying to return the money she got as bonuses and stock options.

Jet Airways bailout plan: Employees' consortium to bid for cash-strapped airline; seeks to raise Rs 3,000 cr from outside investors
Business

Jet Airways bailout plan: Employees' consortium to bid for cash-strapped airline; seeks to raise Rs 3,000 cr from outside investors

This is the first time that employees have come together with a proposal to run the more than 25-year-old Jet Airways

RBI proposal to revamp bank CEO compensation: Companies Act should take a leaf out of central bank’s gesture
Business

RBI proposal to revamp bank CEO compensation: Companies Act should take a leaf out of central bank’s gesture

In other words, since the public sector bank honcho salary is abysmally low, what the RBI is doing according to critics is reducing the salary of foreign and private banks.

Bank of Baroda board to consider allotment of shares to staff next week under employee stock purchase scheme
Business

Bank of Baroda board to consider allotment of shares to staff next week under employee stock purchase scheme

Bank of Baroda (BoB) on Thursday said its board will meet next week to consider allotment of fresh shares under the employee stock purchase scheme.

Bharti Airtel’s Sunil Mittal takes home over Rs 30 crore in annual pay in FY17
Business

Bharti Airtel’s Sunil Mittal takes home over Rs 30 crore in annual pay in FY17

Sunil Mittal received salary and allowances of Rs20.13 crore, while the performance-linked incentive stood at Rs9 crore during FY17

Income Tax Act amended: IPOs, bonus issue, share gifts exempted from capital gains tax
Business

Income Tax Act amended: IPOs, bonus issue, share gifts exempted from capital gains tax

Inter-se transfer of equity shares between promoter group companies will not enjoy the exemption

Pay panel says CPSEs should give 10-25% of performance related pay as ESOPs to staff to retain talent
Business

Pay panel says CPSEs should give 10-25% of performance related pay as ESOPs to staff to retain talent

If the recommendations are approved by the government, the minimum monthly salary of below board-level executives will increase to Rs 30,000 from Rs 12,600

SpiceJet now offers high-end cars worth Rs 25 lakh as perks for staff
Business

SpiceJet now offers high-end cars worth Rs 25 lakh as perks for staff

Spicejet is offering its senior and middle level staff high-end cars worth Rs 25 lakh as a retention measure. If they stay for 4 years or more with the company, they even get to keep the car.

Twitter CEO Dorsey to give his stock worth $197 mn to employee equity pool
Business

Twitter CEO Dorsey to give his stock worth $197 mn to employee equity pool

He announced last week that the company would lay off 336 employees, about 8 percent of its workforce, in an attempt to streamline Twitter's products and teams

Anti-climax of Housing.com drama: Board may scuttle Rahul Yadav's stock giveaway
Business

Anti-climax of Housing.com drama: Board may scuttle Rahul Yadav's stock giveaway

Investors think such antics by Rahul Yadav will only destroy the prospects of the company

Now, Housing's Rahul Yadav challenges Zomato's Deepinder, Ola's Bhavish to give away half their stakes
Business

Now, Housing's Rahul Yadav challenges Zomato's Deepinder, Ola's Bhavish to give away half their stakes

The latest FB post shows that he might have been a result of the PR boost he got yesterday

Rs 200 cr gift to employees: Is Housing.com CEO Rahul Yadav the monk who sold his Ferrari?
Business

Rs 200 cr gift to employees: Is Housing.com CEO Rahul Yadav the monk who sold his Ferrari?

While the 'gift' could serve as a temporary motivation factor for Housing.com's employees who might be concerned about their future in this uncertain startup, it should also be noted that in most cases, when a founder decides to leave a company, his share is transferred back to the ESOP pool. Is this 26-year old CEO really willing to lose it all and start afresh or is there more to it than meets the eye?

Sebi to issue final norms for REITs, Infra Trusts soon: Chairman Sinha
Money

Sebi to issue final norms for REITs, Infra Trusts soon: Chairman Sinha

Sebi has already announced draft regulations for REITs and InVITs, for which the government also proposed tax benefits during the union budget earlier this month.

Blue-chip cos allot employee stocks worth Rs 5,500 cr this fiscal
Investing

Blue-chip cos allot employee stocks worth Rs 5,500 cr this fiscal

As the financial year 2012-13 draws to an end next month, 20 of the country's biggest blue-chip firms have together allotted shares worth nearly Rs 5,500 crore to their staff this fiscal upon the exercise of employee stock options.