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Flipkart to benefit 25,000 employees through $700 million payout

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An Indian e-commerce company, Flipkart announced a one-time discretionary cash payout of as much as $700 million to almost 25,000. These benefits will be provided...

50,000 employees subscribe to Capgemini’s ESOP

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Capgemini has announced the significant success of its ninth Employee Share Ownership Plan (ESOP) with an employee subscription rate of 128%. For Aiman Ezzat, Chief Executive...

Capgemini announces its 9th Employee Share Ownership Plan 

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IT major, Capgemini has announced the launch of its ninth Employee Share Ownership Plan (ESOP). This new employee share ownership plan is offered to...

Zomato has allotted shares to employees at 1 rupee

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Online food delivery platform, Zomato has allotted nearly 4.66 crore shares to its employees from its employee stock option plan (ESOP) pool at the...

Infosys increases internal promotions and ESOP coverage to retain talent

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India’s second-largest IT service provider company, Infosys in order to retain the talent has increased its internal promotions by 3.5 times compared to last year. The...

Paytm grants 3.97 mn new stock options to employees

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Paytm last week granted 3.97 million new stock options to employees under the One97 Employees Stock Option Scheme 2019 ('Esop 2019'). The exercise price...

Zomato donates $90 mn for education of delivery partners’ children

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Online food delivery major, Zomato founder, and CEO, Deepinder Goyal announced through an internal memo to donate around $90 million from the vested Employee...

Meesho introduces ‘MeeSOP’ programme

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Digital commerce platform Meesho on Friday said it has introduced an annual 'MeeSOP' programme, wherein every full-time employee will be able to convert upto...

JSW Group rolls out Esop to reward steel and energy business...

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JSW Group on Monday announced around 16 million shares worth about Rs 1,000 crore in a comprehensive employee stock option plan (Esop) to reward...

Locus has allocated $4 million for its ESOP buyback

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Locus, a future-ready platform that automates supply chain decisions, today announced that it has allocated $4 million for its ESOP buyback. The buyback is...