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ESOPs News

04 Jan 2022

Ninjacart announces Rs 100-crore ESOP buyback program

This is the company's second ESOP buyback. Ninjacart had conducted the first buyback in 2019. The ESOP buyback comes on the heels of Flipkart and Walmart announcing a fresh round of joint strategic investment in Ninjacart worth USD 145 million.

13 Dec 2017

Flipkart completes buyback of Esops for $100 million

The buyback is also the largest liquidity provided by an unlisted firm to its Esop holders for encashing an unspecified percentage of their vested stock options.

13 Mar 2016

Snapdeal to hike salaries by 20% for top performers

E-commerce major Snapdeal will roll out annual salary hikes of 20 percent and above for its top performers as part of its efforts to become a "meritocracy-led" organisation.

consolidation of banks

05 Mar 2016

Expert group on consolidation of banks soon: Jaitley

Government will soon set up an expert group to look into consolidation of public sector banks as the country needs stronger rather than a large number of banks, Finance Minister Arun Jaitley said here on Saturday.

Finance Minister

05 Mar 2016

Won't write off any bad loans, defaulters won't be spared: Arun Jaitley

Finance Minister Arun Jaitley on Saturday said that defaulters will not be spared as the government will not write off any bad loans.

Employee Stock Options in India

01 Nov 2015

'ESOPs act like steroids; can have side effects'

Much fancied Employee Stock Options (ESOPs) are nothing but a tool for providing "instant kick and rejuvenation" to staff and it works in a way similar to steroids energising athletes, says a book on corporate frauds.

07 Sep 2015

DoD for ESOPs as variable pay in PSUs to raise retail holding

PRP is a variable component of the remuneration paid to the executives of CPSEs.

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