ESOP

NEW DELHI: Swiggy on Monday announced the second tranche of its two-year employee stock ownership plan (ESOP) liquidity programme as part of which the company is buying back shares from over 2,000 eligible employees. The total size of the …

Food-delivery major Swiggy on Monday announced the second tranche of an Employee Stock Ownership Plan (Esops) buyback programme, cumulatively worth up to $50 million. The payment is the second tranche of a two-year liquidity programme…

One 97 Communications, the parent of Paytm, is aiming to generate free cash flow by the end of this year, chief executive Vijay Shekhar Sharma said on Saturday, a day after the digital payments company reported a narrower loss for the…

It’s definitely a happy Friday for more than 24,000 current and former Flipkart and Myntra employees, as they receive a one-time cash payout from the $700 million employee stock option (Esop) buyback facilitated by the e-commerce major. ET…

BENGALURU: It was a Friday cheer for Flipkart employees after they cashed in on a $700-million employee stock ownership plan (esop) buyback. About 20,000 employees are expected to be eligible for the payout, sources said. Walmart-backed…

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Employees of ecommerce major Flipkart will receive payments from a $700 million employee stock option (Esop) buyback today. CEO Kalyan Krishnamurthy informed the eligible employees about the payment in an internal email.“...the BoD (Board…

Happy Friday! Arokiaswamy Velumani, the founder of Thyrocare, which was acquired by PharmEasy in 2021, had secured anti-dilution rights when he invested in the epharmacy startup. We have details on that, and more in today’s ETtech Morning…

Tech Mahindra chief executive CP Gurnani earned about Rs 32 crore in salary and other compensation in fiscal 2023, about half compared with Rs 63.4 crore the previous year, the company said in its annual report. The reduction in…

Online gaming startup WinZO has announced its third round of ESOP liquidation, providing an opportunity for eligible team members to partially liquidate their vested ESOPs, said a statement issued by the company. The startup had executed…