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Eternal Ltd., the parent company of Zomato, has approved a fresh round of employee stock options ES...
Electric two-wheeler manufacturer Ather Energy has granted . lakh employee stock options ESOPs...
In a move that will benefit more than . lakh non-gazetted railway employees, the Union Cabinet h...
Amazon has announced a $1 billion investment aimed at improving compensation and reducing health care costs for its U.S.-based fulfillment and transportation employees. The initiative, unveiled on September 17, 2025, is part of the company’s broader effort to enhance worker benefits and retain talent ahead of peak shopping seasons such as Prime Day and the […]
Hyundai Motor India Limited (HMIL) has signed a long-term wage settlement agreement with the United Union of Hyundai Employees (UUHE), offering a structured salary hike of ₹31,000 per month over a three-year period. The agreement, effective from April 1, 2024, to March 31, 2027, applies primarily to the technician and workmen cadre and is being […]
Alliance Insurance Brokers, a leading insurance services provider in India, has announced the issuance of Employee Stock Ownership Plans (ESOPs) worth ₹55 crore. The move is aimed at rewarding top-performing employees and those who have demonstrated long-term commitment to the organization. The announcement was made on September 15, 2025, and marks a significant step in […]
SpiceJet, one of India’s leading budget carriers, has responded to growing concerns over delayed salary payments by stating that the disbursements are part of a “phased schedule” followed during lean operational periods. The clarification comes amid reports that a significant portion of the airline’s workforce has not received full salaries for August, prompting questions about […]
Capgemini SE, the French multinational IT services and consulting firm, has announced the launch of its twelfth Employee Share Ownership Plan (ESOP), reinforcing its long-standing commitment to employee inclusion in corporate growth. The plan, unveiled on September 11, 2025, is designed to cover approximately 98% of the company’s global workforce, offering them the opportunity to […]
The National Apprenticeship Promotion Scheme (NAPS) is set for significant reforms in its second phase (NAPS-2), focusing on broadening youth participation and strengthening India’s skilled workforce. This was detailed in a statement by Minister of State (Independent Charge), Ministry of Skill Development and Entrepreneurship (MSDE), Jayant Chaudhary, in a written reply in the Lok Sabha. […]
Synechron, a leading digital transformation consulting firm, has announced the distribution of restricted stock units (RSUs) to all employees worldwide after surpassing $1 billion in annual revenue. The milestone, achieved in the current fiscal year, marks a significant moment in the company’s 24-year journey from a self-funded startup to a global enterprise. Founded in 2001 […]
Tata Consultancy Services (TCS), India’s largest IT services firm, has resumed its annual salary revision cycle after a five-month delay, offering double-digit hikes to top-performing employees. The company confirmed that the increments, effective from September 1, 2025, will range between 4.5% and 7% for the majority of staff, while exceptional performers will receive hikes exceeding […]
Tata Consultancy Services (TCS), India’s largest IT services firm, has rolled out annual salary hikes ranging from 4.5% to 7% for a majority of its employees, effective September 1, 2025. The increment letters were sent out late Monday evening, marking the end of a five-month delay in the company’s usual April cycle. The hikes apply […]
Mining and metals conglomerate Vedanta Ltd has announced the rollout of Employee Stock Options Scheme (ESOS) worth ₹450 crore for the financial year 2024–25. The scheme, unveiled on August 31, marks one of the largest ESOP allocations in the company’s history and is aimed at enhancing employee ownership, motivation, and long-term retention. The ESOS grants […]
Tata Steel has announced a total bonus payout of ₹303.13 crore for its employees for the financial year 2024–25, following the signing of a memorandum of settlement with the Tata Workers’ Union (TWU) in Jamshedpur. The agreement was formalized on August 28, 2025, in the presence of senior company officials and representatives from the Jharkhand […]
Chandigarh Union Territory (UT) Administration has announced a revision of Deputy Commissioner (DC) rates for the financial year 2025–26. The updated rates, which reflect an average hike of 5%, will benefit nearly 20,000 contractual and outsourced employees working across various departments, boards, corporations, public sector undertakings (PSUs), and autonomous bodies under the UT administration. The […]
