Niyo rolls out salary hikes, bonuses, ESOPs to employees
The company recently hosted Home-a-thon, a virtual hackathon event, to encourage employees to make the most of the lockdown and focus on innovations in product, design and technology.
Softbank backed Oyo Hotels & Homes begins restoring salaries of employees
Softbank backed Oyo Hotels & Homes has announced it is restoring fu...
ixigo reinstates salaries & grants deeply discounted ESOPs to all employees
This is one of the largest and most deeply discounted ESOP grants...
From Oyo to Zomato, startups soften pay cuts by expanding Esops pool
Companies may grant 12-15% of their overall stockholding to ESOPs to help staff hit by cuts, furloughs.
Oyo witnessing green shoots in India: Ritesh Agarwal, founder, Oyo Hotels & Homes
In China occupancies continue to grow steadily and are in the mid-forties. Given the fluid Covid situation, any talk of bounceback needs adequate caution, said Ritesh Agarwal while replying to a question.
India's stock market most active right now since 2007: Zerodha CEO Nithin Kamath
Zerodha CEO Nithin Kamath talks about the company's future and its self-certified $1 billion valuation and his take on the highly volatile capital markets.
Oyo sends letter to staff stating it's making all employees shareholders
In April, Oyo announced pay cuts and 'leave with limited benefits' options for its staff in India.
Oyo announces ESOPs for all furloughed employees impacted by Covid-19
Oyo is also actively working with the company's investors to identify opportunities in their portfolio companies and help its employees with alternative career opportunities in those companies.
India Inc's move to offer ESOPs to employees leave investors unimpressed
Companies look at Esops as a way to compensate senior managers who have taken steep pay cuts after the pandemic and reduce monthly cash outgo by making Esops redeemable down the line as an alternative to usual incentives
This start-up boss has rewarded his teams with ESOPs during the pandemic
Jitendra Gupta, CEO of digital banking startup, Jupiter, has issued stock options to employees at no cost.
Paytm sets aside Rs 250 cr in Esops, hires more people
Paytm also said it would hire over 500 people for multiple roles in addition to its ongoing hiring practices across the critical product and technology functions.
Startups like Zomato, Oyo offer more Esops to staff to ease pay cut pain
In April, Zomato initiated a voluntary salary reduction programme, which also offers affected employees’ additional stock in lieu of the cash cut from their pay cheques.
As share prices fall, India Inc stocks up on Esops, uses them to reward talents
Bajaj Auto Esop Trust and Bajaj Finserv Esop Trust have both acquired nearly a lakh shares each from the open market since March. Similarly, Bharti Infratel Employees' Welfare Trust has bought 2.37 lakh shares from the secondary market. Centrum ESPS Trust has purchased 7.8 lakh shares while Firstsource Employee Benefit Trust has bought 1.4 crore shares from the secondary market since March, recent data from stock market filings show.
Lenskart expands total ESOP pool
ESOPs formed 1.8% of its total shareholding as of December 20, 2019, according to data collated by industry tracker Tracxn.
ESOPs rising post Budget as startups do the math
Employees at young startups now have the option of deferring ESOP tax payments.