Browsing Tag
stock options
Unacademy cancels cash appraisals; staffers will be rewarded with stock options
Unacademy’s cofounder and CEO Gaurav Munjal on Thursday told employees that appraisals for the financial year ended March 2023 stand canceled, as the edtech startup focuses on turning profitable amid an overall tightening in funding and a…
Elon Musk yet to release details of stock-based compensation plan to Twitter employees: report
Twitter CEO Elon Musk has yet to share details of employee stock compensation plan at the microblogging site, after having promised the company staff about it in November last year , according to a report by technology news site The…
Urban Company awards stock options worth Rs 5.2 crore to 500 gig workers
Urban Company said it has awarded stock options worth Rs 5.2 crore to about 500 of its 'service partners' -- or gig workers -- across India under its partner stock option plan (Psop).
When it announced the plan in March, the company said…
Institutional investors oppose liberal stock options, payouts to startup executives
Plans of listed new age businesses to dole out liberal stock options and pay packages to some of their top employees are being opposed by institutional investors including foreign funds. People with direct knowledge of the matter said…
NSE Reintroduces Do Not Exercise Instruction; Know How Will It Help Investors
In a major relief to stock traders, the National Stock Exchange of India (NSE) has reintroduced the ‘Do not Exercise’ facility on expiry day in the stock option contracts, effective April 28, 2022. With the reintroduction of this DNE…
Govt to move bill banning all ‘private’ crypto; stock options are the new gold
India's long wait for cryptocurrency regulations could be coming to an end. Next week, the government will table a bill in Parliament that seeks to create a framework for a central bank digital currency while banning all "private"…
IPO bound startup founders get stock options, bonus for life after listing
Nearly half-a-dozen startup founders whose companies are debuting on the stock markets in 2021 are being wooed by their company’s board with additional stake and other milestone-linked rewards to ensure they retain “skin in the game,”…
Elon Musk sells $1.1 billion in Tesla shares to pay taxes after Twitter poll | DW | 11.11.2021
Elon Musk on Wednesday sold about 900,000 shares of the electric carmaker's stock, netting over $1.1 billion (€960 million), to pay tax obligations for stock options. Earlier in the week, his trust sold nearly 3.6 million shares in Tesla,…
PharmEasy closes $350 million in pre-IPO round, valuation jumps to $5.6 billion
Online pharmacy PharmEasy has closed a funding round worth nearly $350 million ahead of filing its draft red herring prospectus (DRHP) before an Initial Public Offering (IPO), according to regulatory documents sourced by ET and people…