[
esop
]
Cred raises $81 million, initiates Esop buyback
By Nandita Mathur and Tarush Bhalla | Livemint
UPDATED ON JAN 05, 2021 07:21 AM IST
Cred’s fundraise was led by existing investors DST Global along with Sequoia Capital, Ribbit Capital, Tiger Global, and General Catalyst. Sofina, Coatue and Satyan Gajwani of Times Internet also participated in this round.
ESOP tax breather among start-up incentives
By Salman SH | Livemint, Bengaluru
UPDATED ON FEB 02, 2020 02:05 PM IST
At present, employees typically pay tax when they exercise their options and when they finally sell their shares. ESOPs serve as an important compensation tool for them, particularly in fast-growing startups, whose valuations multiply at a fast rate
RBI proposes tightening compensation norms for private, foreign banks
By Press Trust of India | Press Trust of India
UPDATED ON FEB 26, 2019 08:17 PM IST
The latest discussion paper proposing changes to compensation norms comes more than seven years after the Reserve Bank of India (RBI) issued such guidelines for private and foreign banks.
Many newly minted millionaires: Who gets what in the $16 billion Flipkart-Walmart deal
By Alisha Sachdev | Hindustan Times
UPDATED ON MAY 11, 2018 06:17 PM IST
A round-up on how employees, founders, and investors in Flipkart will be impacted by its deal with Walmart
Flipkart share buyback to turn hundreds of employees into crorepatis
By Anirban Sen, Madhurima Nandy and Mihir Dalal | Livemint, Bengaluru
UPDATED ON MAY 10, 2018 03:57 PM IST
The ESOP (employee stock options) buyback from Walmart will be the biggest ever in the Indian start-up ecosystem and is expected to turn a few hundred Flipkart employees into crorepatis.
Centre plans ESOPs for Air India employees after sale of its 76% stake
By Press Trust of India | Press Trust of India, New Delhi
UPDATED ON MAR 29, 2018 09:51 PM IST
Employee Stock Option Plan would be extended to the airline staff once the divestment process is complete, a senior official said.
