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Tech Mahindra is pioneering a fundamental shift in the IT services industry by moving toward a ...
Goldman Sachs Group Inc. has announced a significant increase in total compensation for its Chai...
IT services major LTIMindtree has officially announced the commencement of its annual wage hike cycl...
Vedanta Limited, the global natural resources conglomerate led by Anil Agarwal, has announced a significant expansion of its Employee Stock Option Scheme (ESOP), marking one of the most inclusive wealth-creation initiatives in the Indian corporate sector. The company’s latest stock-based incentive model now covers approximately 40% of its workforce. This substantial increase aims to democratize […]
Cashfree Payments has announced a significant Employee Stock Ownership Plan (ESOP) buyback program. The move, aimed at rewarding those who fueled the company’s journey from a startup to a major fintech player, will benefit over 400 employees, including both current and former staff members. Cashfree Payments Wealth Creation for ‘Cashiens’ The buyback initiative is particularly inclusive, […]
In a significant move to deepen its culture of inclusive ownership, Mahindra & Mahindra (M&M), the flagship entity of the diversified Mahindra Group, has officially informed stock exchanges regarding a fresh transfer of equity shares to its employees. The Mahindra & Mahindra Employees’ Stock Option Trust executed the share transfer. This action followed the exercise of […]
One 97 Communications, the parent company of fintech major Paytm, has officially expanded its equity base by allotting 1,88,879 equity shares to employees. This move, finalized on January 3, 2026, follows the exercise of vested options under the company’s Employee Stock Option Plan (ESOP) 2019 scheme. The allotment signifies a continued commitment to talent retention as the company navigates […]
Samsung Electronics has officially announced a massive surge in annual performance bonuses for its workforce, providing the strongest evidence yet of a definitive turnaround in the global semiconductor and mobile markets. In an internal memo released on December 30, 2025, the tech giant revealed that employees in its core divisions will receive profit-sharing incentives of up […]
Ather Energy, India’s leading electric vehicle (EV) manufacturer and a prominent “unicorn” in the sustainable mobility sector, has officially approved the allotment of 429,212 equity shares to its employees. This move, part of the company’s Employee Stock Option Plan (ESOP), comes at a critical juncture as the company accelerates its preparations for a high-profile Initial Public Offering […]
Alhind Air, the aviation wing of the Kerala-based travel conglomerate Alhind Group, has hit a significant turbulence before even taking flight. The nascent airline has reportedly placed a substantial portion of its newly recruited staff on indefinite unpaid leave. This drastic measure follows prolonged delays in securing its Air Operator Certificate (AOC) from the Directorate […]
ByteDance, the parent company of TikTok, has announced a sweeping overhaul of its incentive structure. According to an internal memo circulated this week and verified by industry sources, the tech giant plans to increase its global spending on performance-based rewards by 50% in 2026. The decision comes at a critical juncture for the company, as it […]
Unacademy, once valued at $3.4 billion, has sparked significant controversy by drastically reducing the period former employees have to exercise their vested stock options. In a move communicated to ex-staff on December 20, 2025, the company shortened the exercise window from the previous 10-year period to just 30 days. This policy shift forces former employees to […]
Enforcement Directorate (ED) has successfully restored assets worth over ₹300 crore specifically earmarked for the former employees of the defunct Kingfisher Airlines (KFA). This move comes more than a decade after the airline, once owned by fugitive businessman Vijay Mallya, collapsed under a mountain of debt, leaving thousands of workers without salaries, severance, or provident fund contributions. […]
IndusInd Bank has initiated a process to claw back bonuses and performance-linked pay from former senior executives, a landmark action driven by regulatory scrutiny over past compliance and governance lapses. This assertive step by the private sector lender underscores the intensifying pressure from the Reserve Bank of India (RBI) on banks to enforce strict accountability […]
PB Fintech Limited, the parent company of India’s leading online insurance aggregator Policybazaar and lending marketplace Paisabazaar, has announced a significant grant of Employee Stock Options (ESOPs). The company’s Nomination and Remuneration Committee (NRC) approved the allotment of 35,11,256 stock options to eligible employees under the PB Fintech Employees Stock Option Scheme 2024 (ESOP 2024). […]
