News Muncher - searching for esops

1 day, 5 hours ago

Razorpay allots ESOPs worth ₹1 lakh to all employees

Mumbai: Fintech company Razorpay on Tuesday said it is allotting share options worth ₹1 lakh to all its employees, as the business completes 10 years. The company has extended ESOPs worth ₹1 lakh to each of its over 3,000 employees, which will not be differentiated on the basis of role or tenure, Razorpay told Mint. The company also conducted another …

Employees Crore Esop Razorpay

2 days, 14 hours ago

Proxy advisors call for Rashmi Saluja's ouster from Religare; co backs her

Live Mint

Two leading proxy advisory firms have recommended Religare Enterprises investors Ltd to vote against giving a fresh five-year term on the company's board to chairperson Rashmi Saluja, further turning the odds against her re-appointment that was already hanging in the balance amidst her ongoing feud with the company's largest shareholders, the Burman family. Justifying their call for Saluja's ouster, proxy …

Board Company Saluja Proxy Burman Religare Ingovern

1 week, 3 days ago

Income tax news: How the ESOPs are taxed in India?

Live Mint

My employer offered me an ESOP two years ago when I joined the company. The shares concerning ESOP have tax incidence at two stages in India. Cost for the purpose of ESOP share shall be aggregate of the values of perquisite value taken for TDS purpose and amount if any paid by you, Since the shares being acquired by you …

Tax Shares Tds 24 Months Esop

2 weeks, 6 days ago

GIC to acquire larger stake in Asia Healthcare Holdings from majority owner TPG

Live Mint

Singapore's GIC is close to raising its stake in Asia Healthcare Holdings ahead of a potential public listing of the healthcare platform in the next year or two, four people aware of the development said. The Singapore sovereign fund will acquire an additional 15% stake in AHH from the platform's majority owner TPG, one of the four people cited above …

Healthcare Growth Stake Majority Its Stake Gic Ahh

1 month, 1 week ago

Swiggy IPO makes 500 employees 'crorepatis'; unlocks ₹9,000 cr worth of ESOPs

The Hindu

Swiggy’s much-anticipated stock market debut on Wednesday catapulted over 500 current and former employees to the “crorepati” club, with the food delivery and quick commerce major’s listing poised to unlock ₹9,000 crore in ESOPs for 5,000 staffers, people aware of the details said. “The total Employee Stock Option Plan pool is worth ₹9,000 crore, with 5,000 past as well as …

Share Swiggy Crore Initial

1 month, 1 week ago

From staff to millionaires: Swiggy IPO to make 500 employees crorepatis

Live Mint

Employees Stock Shares Ipo Esop Swiggy Employee Stock Option Plan Swiggy Employee

1 month, 1 week ago

Swiggy’s IPO to unlock ₹9,000 crore in ESOP wealth for 5,000 employees: Report

Hindustan Times

The Swiggy IPO will unlock ₹9,000 crore worth of employee stock option plans, turning nearly 500 of its employees into ‘crorepatis’ after its listing on Wednesday, November 13, according to an Economic Times report. However, according to the report, Swiggy's ₹11,300-crore-IPO was the biggest public offering by a technology firm since Paytm's public issue in 2021. According to the report, …

India Report Crore Employee Swiggy Shares Ipo

1 month, 1 week ago

How Swiggy listing turns its hundreds of employees into crorepatis overnight

New Indian Express

Shares of food delivery giant Swiggy, which debuted on the stock market on Wednesday following a successful IPO, began trading at a 7.7 percent premium over the offer price of Rs 390 per share on their first day. Before this, Flipkart executed a similar initiative, distributing a staggering 1.4-1.5 billion shares to its current and former employees, marking one of …

India Employees Share Swiggy Shares Ipo Esop

1 month, 1 week ago

India Inc doles out benefits to retain mid management

Live Mint

Companies across industries are rolling out the red carpet for middle and junior management employees in a bid to both retain top performers as well as attract new talent. “As these industries begin to recruit talent from technology-focused organizations, they are now expanding their equity offerings to include junior-level employees as well to mirror the reward structures of these technology …

India Management Employees Bank Companies Talent Stock

1 month, 1 week ago

Swiggy IPO listing: Around 500 employees likely to become crorepatis

India Today

Swiggy’s much-anticipated IPO may not deliver major listing gains for retail investors, but it promises a significant windfall for employees holding ESOPs. Around 5,000 current and former employees are poised to benefit from an estimated Rs 9,000 crore in wealth creation through stock options, reported The Economic Times. Swiggy’s IPO, set to raise Rs 11,327 crore, has a price band …

India Swiggy Ipo

1 month, 2 weeks ago

PhysicsWallah’s FY24 revenue nearly triples; losses zoom on higher expenses

Live Mint

Noida-based edtech company PhysicsWallah’s consolidated revenue nearly tripled to ₹2,015 crore in the fiscal year ended 31 March, but its losses surged on the back of a jump in expenses. Significant Non-Cash Adjustments The company said its losses were primarily driven by non-cash adjustments mandated by the Indian Accounting Standards, which it adopted upon surpassing a revenue threshold of ₹1,000 …

India Expenses Company Crore Fy24 Physicswallah Ccps

3 months, 1 week ago

Hindenburg-SEBI chief row: Madhabi Buch's answers raise more questions, says Congress

The Hindu

The Congress on Tuesday said the "answers" being provided by SEBI chairperson Madhabi Buch and her husband raise even more questions and asserted that "the facts" that have been put out on their financial dealings have not been contradicted so far by anyone. Hindenburg Research vs SEBI’s Madhabi Buch: How the row unfolded Congress general secretary in-charge communications Jairam Ramesh …

Congress Allegations Sebi Sitharaman Icici Her Husband Husband

3 months, 2 weeks ago

Madhabi Puri Buch's Brazenness Will Hurt Her, SEBI and the Government

The Quint

Ms Buch and SEBI decided to shed no light on the allegations. Instead, ICICI Bank made a regulatory filing in the stock exchanges. The bank made only a bland statement, “ICICI Bank or its group companies have not paid any salary or granted any ESOPs to Ms Madhabi Puri Buch after her retirement, other than her retiral benefits.” On ESOPs, …

Bank Icici Bank Grant Esop Esops

3 months, 2 weeks ago

Mint Explainer: Sebi’s Madhabi Puri Buch and the fuss over her ICICI payouts

Live Mint

Congress party politician Pawan Khera has alleged that the chairperson of India’s equity and commodities market regulator, Madhabi Puri Buch, received ₹16.8 crore in benefits from her ex-employer ICICI Group. In that period, Buch earned an additional ₹22 lakh from ICICI Prudential and ₹2.8 crore from exercising employee stock ownership plans for 2021-22 and 2022-23, according to Khera. Khera also …

Salary Benefits Tax Bank Stock Employee Sebi

3 months, 3 weeks ago

Congress counters ICICI Bank’s defence of payments to SEBI chief, poses fresh questions: ‘Let PM respond’

Hindustan Times

Responding to ICICI Bank’s statement concerning payments made to the current SEBI chief Madhabi Puri Buch, the Congress party on Tuesday claimed that the bank’s clarification raises more questions than it answers. Congress spokesperson Pawan Khera addresses the press conference alleging that SEBI Chairperson Madhabi Puri Buch received income from ICICI Bank Ltd during her tenure as capital markets regulator, …

Salary Congress Bank Pti Sebi Icici Icici Bank

3 months, 3 weeks ago

‘Eggs on face’: BJP reacts after ICICI Bank responds to Congress claims on SEBI chief Madhabi Puri Buch's salary

Hindustan Times

Bharatiya Janata Party IT cell chief Amit Malviya on Tuesday slammed the Congress for accusing Securities and Exchange Board of India chairperson Madhabi Puri Buch of receiving ₹16.8 crore in substantial benefits from the ICICI Bank, saying that the grand old party “ends up with eggs on its face”. Securities and Exchange Board of India Chairperson Madhabi Puri Buch {{^userSubscribed}} …

Salary Benefits Congress Bank Crore Sebi Icici

3 months, 3 weeks ago

Congress alleges SEBI chief received ₹16.8 Cr from ICICI Bank

Hindustan Times

The Congress on Monday accused Securities and Exchange Board of India chairperson Madhabi Puri Buch of holding an office of profit at the ICICI Bank and receiving ₹16.8 Cr in substantial benefits from the bank and its subsidiaries. {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} Addressing a press conference in Delhi, Congress leader Pawan Khera alleged that between 2017 and 2024, Buch received …

Congress Bank Crore Minister Sebi Icici Chairperson

4 months ago

ED raids REL key managerial personnel premises, freezes Care Health ESOPs

New Indian Express

NEW DELHI: Religare Enterprises Ltd has confirmed that Directorate of Enforcement officials conducted searches at the premises of Key Managerial Personnel, including Executive Chairperson Rashmi Saluja on Wednesday. The other REL officials whose premises were searched are Nitin Agarwal, Group CFO, Nishant Singhal, Group General Counsel of Religare Enterprises Limited and Chirag Jain, Chief Operating Officer of Religare Finvest Limited, …

Premises Freezes Ed Subsidiary Saluja Care Health Limited Rel

5 months ago

Budget 2024-25: Major Announcements For Students & Youths

Live Law

On July 23, the Union Budget for 2024-25 was presented in the Lok Sabha by Finance Minister Nirmala Sitharaman. Here are major announcements for the youths: EPFO registration The job situation in the nation will improve thanks to the three programs the administration has suggested for promoting employment for fresh applicants. Education Loans The proposed education loans would serve two …

7 months, 1 week ago

Zomato seeks approval from shareholders for creation of new ESOP pool

Business Standard

Zomato is planning to set up a fresh employee stock option plan of 18.26 crore shares worth Rs 3,500 crore. Meanwhile, the total ESOP charge for the fourth quarter of the financial year 2024 was Rs 161 crore as compared to Rs 122 crore for the third quarter of the financial year 2024. “We expect the ESOP charge to increase …

Financial Charge Goyal Zomato Esop New Esop Pool Esop Charge

8 months, 3 weeks ago

Placement realities: IIT degree doesn't guarantee crores, warns IFS officer

India Today

In the midst of soaring aspirations and dreams of landing high-paying jobs, the truth about placement prospects at esteemed institutions such as the Indian Institutes of Technology often remains obscured. IIT Roorkee alumnus and Indian Forest Service officer Gaurav Garg recently provided valuable insights through a thread on X, offering a stark reality check on the placement scenario in IITs. …

Job Salary Placement Iit Ifs Packages Ifs Officer

1 year, 2 months ago

Employee stock option plan: How to save taxes on ESOPs— explained

Live Mint

Any profit arising on the sale of shares allotted to an individual under the employee stock option plan is taxed under the head ‘Capital Gains’ in India. Taxation on ESOPs “When an employee is allotted shares below its fair market value, the difference between fair market value and the price paid is taxed as perquisite in the hands of the …

Tax Capital Employee Clear Shares Gains Esops

1 year, 3 months ago

Livspace posts strong revenue growth in FY23; Ebitda loss narrows

Live Mint

Home décor startup Livspace, backed by US private equity firms TPG and KKR, recorded a significant jump in its topline and improved its financial health in the year through March 2023, a top executive told VCCircle. “We achieved a top-line growth of 85% across the business, with our revenue reaching nearly ₹1,100 crore,” Livspace chief strategy officer Ankit Shah said …

India Shah Ebitda Livspace

1 year, 7 months ago

Thyrocare Technologies Q4 earnings: Net profit tumbles 36% to ₹21 Cr, revenue up 4%

Live Mint

During Tuesday's closing session, Thyrocare Technologies, a small-cap firm, registered a market cap of ₹2,487.45 Cr. The company said its EBITDA stood at ₹26.32 Cr during the quarter ended March 2023 compared to ₹37.89 Cr during the quarter ended March 2022. The net profit of Thyrocare Technologies stood at ₹13.71 Cr during the quarter under review down by 36% YoY …

India Company Technologies Net Profit Fy22 Fy23 Its Ebitda

Filters

Search results for esops

Razorpay allots ESOPs worth ₹1 lakh to all employees

Proxy advisors call for Rashmi Saluja's ouster from Religare; co backs her

Income tax news: How the ESOPs are taxed in India?

GIC to acquire larger stake in Asia Healthcare Holdings from majority owner TPG

Swiggy IPO makes 500 employees 'crorepatis'; unlocks ₹9,000 cr worth of ESOPs

From staff to millionaires: Swiggy IPO to make 500 employees crorepatis

Swiggy’s IPO to unlock ₹9,000 crore in ESOP wealth for 5,000 employees: Report

How Swiggy listing turns its hundreds of employees into crorepatis overnight

India Inc doles out benefits to retain mid management

Swiggy IPO listing: Around 500 employees likely to become crorepatis

PhysicsWallah’s FY24 revenue nearly triples; losses zoom on higher expenses

Hindenburg-SEBI chief row: Madhabi Buch's answers raise more questions, says Congress

Madhabi Puri Buch's Brazenness Will Hurt Her, SEBI and the Government

Mint Explainer: Sebi’s Madhabi Puri Buch and the fuss over her ICICI payouts

Congress counters ICICI Bank’s defence of payments to SEBI chief, poses fresh questions: ‘Let PM respond’

‘Eggs on face’: BJP reacts after ICICI Bank responds to Congress claims on SEBI chief Madhabi Puri Buch's salary

Congress alleges SEBI chief received ₹16.8 Cr from ICICI Bank

ED raids REL key managerial personnel premises, freezes Care Health ESOPs

Budget 2024-25: Major Announcements For Students & Youths

Zomato seeks approval from shareholders for creation of new ESOP pool

Placement realities: IIT degree doesn't guarantee crores, warns IFS officer

Employee stock option plan: How to save taxes on ESOPs— explained

Livspace posts strong revenue growth in FY23; Ebitda loss narrows

Thyrocare Technologies Q4 earnings: Net profit tumbles 36% to ₹21 Cr, revenue up 4%