Page 8 - Esops

BankBazaar expands employee stock pool, adds shares worth $15 million

BankBazaar.com has said it has expanded its employee stock ownership plan (ESOP), adding shares worth USD 15 million (about Rs 109 crore) to the pool.

PhonePe distributes ESOPs worth Rs 1,500 crore among all employees

The digital payments firm has rolled out the compensation to all its employees ranging from software engineers, product managers to customer experience and on-ground sales agents

Over 5,000 employees from Walmart India joining Flipkart Wholesale

The e-commerce firm said job offers made to staff at Walmart India have been aligned to similar roles at Flipkart in terms of pay, responsibility and profiles based on industry best practices

Swiggy rewards staff for recovery amid Covid, offers $7-9 mn in ESOPs

Stock ownership plan also embraces laid-off employees as firm gets back to 80-85% of pre-Covid business

Edtech unicorn Unacademy announces ESOP buyback for current, past employees

The size of the buyback pool is likely to be Rs 25-30 crore, based on the number of ESOPs liquidated by employees.

YES Bank to expand ESOP pool to 225 mn shares, fix MD-CEO pay at Rs 2.8 cr

Lender is yet to hear RBI on CEO's variable compensation

ixigo reinstates salaries, grants discounted ESOPs to staff as compensation

The ESOPs will result in an additional 2.3 per cent of the company's overall shareholding being given to all 150 ixigems (ixigo employees)

Covid-19 impact: Oyo sends letter granting ESOPs to all employees

The move comes as Oyo decided to lay off a large number of its employees in the US last week but reward them with stock options

Paytm to give ESOPs worth Rs 250 crore this year, hire 500 people

The exercise, which will be completed over the next 3-4 months, will include high performing employees as well as new hires, Paytm said.

Covid-19: CARS24 offers employees ESOPs in lieu of voluntary pay cut

The company, whose founders have decided to forego their salaries for the next six months amid the Covid-19 crisis, said the employees will get ESOPs worth two times the amount they invest

Coronavirus: Right time to invest in equities via SIP route, say experts

The benchmark Sensex crashed more than 12 per cent in this month so far, falling from 34,000 level to 29,000 level

Over 100 people in Yes Bank's 'top management' may lose ESOPs, bonuses

The first-of-its-kind move will mark the activation of RBI's ironclad November 4, 2019 guidelines on the compensation

Budget 2020: Startups, investors unimpressed with ESOP tax relaxation

ESOPs are a key instrument to attract and retain talent in startups.

Budget 2020: Venture Capitals, startups seek budgetary aid in meet with FM

The Nasscom has also sought that IT and BPO firms should not be treated as financial intermediaries for the goods and services tax (GST).

Sanjiv Puri bats for employee stock option scheme, calls it best option

Puri said, historically, the impact of ESOPS had been to the tune of Rs 300-400 crore

Finance ministry may look into tax regime of employee stock ownership plan

The heart of the matter here is that whether stock options should be taxed only when the employee sells them and not again at time of vesting

Higher LTCG tax spooks start-up investors, founders, ESOP holders

Those earning Rs 2-5 crore will pay effective LTCG of 26% and those earning less than Rs 5 crore will have to pay LTCG of 28.5%

How are gains from ESOPs listed abroad taxed? All you want to know

The Employee Stock Option Plan (ESOP) comes in as a very effective tool in assisting companies to meet this objective

Lack of clear structure to hinder banks' fundraising plans via ESOPs

Uncertainty over staff participation, lack of clear structure key obstacles

Esops in start-ups don't guarantee a windfall

Understand the terms and condition for vesting of employee stock options before you opt for them