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Nilekani, wife's declared assets worth Rs 7,700 crore

Making his wealth public a day before stepping into the fray, Infosys co-founder and Congress candidate from Bangalore South, Nandan Nilekani has declared that he and his wife Rohini Nilekani have......

Ola to lay off 1400 as revenues decline by 95% in 2 months

Cab aggregator Ola is laying off 1,400 staff from rides, financial services and food business as revenues declined by 95 per cent in the last two months due to coronavirus pandemic, a note by CEO......

Swiggy lays off 1,100 as coronavirus hits business

Backed by China's Tencent and Prosus NV, Swiggy has around 8,000 employees. Bengaluru-based unicorn Swiggy is laying off 1,100 employees across grades and functions over the next few days, as......

Consumer internet start-ups brace for salary cuts, layoffs

For now, Bounce, Shuttl, Fab Hotels, Instamojo, Zomato, Curefit, and HealthifyMe, among others, are going for salary deductions. Most of the consumer internet start-ups, besides those who are......

Sachin Bansal wants to start a bank

'If the RBI blesses us with a banking licence, we would like to launch a successful bank,' Sachin Bansal tells Bibhu Ranjan Mishra.Illustration: Dominic Xavier/Rediff.com It might just be a......

Budget: Sitharaman cuts income tax; to spend more to boost growth

Union Finance Minister Nirmala Sitharaman on Saturday slashed income tax for individuals, abolished dividend tax for companies and announced record spending in agriculture and infrastructure......

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Ola to lay off 1400 as revenues decline by 95% in 2 months

Cab aggregator Ola is laying off 1,400 staff from rides, financial services and food business as revenues declined by 95 per cent in the last two... ...

http://www.rediff.com/money/report/ola-to-lay-off-1400-as-revenues-decline-by-95/20200520.htm

Swiggy lays off 1,100 as coronavirus hits business

Backed by China's Tencent and Prosus NV, Swiggy has around 8,000 employees. Bengaluru-based unicorn Swiggy is laying off 1,100 employees across... ...

http://www.rediff.com/money/report/coronavirus-swiggy-lays-off-1100-as-coronavirus-hits-business/20200519.htm

Report

Zomato, Oyo Hotels Homes, Grofers and Bounce are some of the startups raising their ESOPs pools after salary cuts ...

https://www.moneycontrol.com/news/business/coronavirus-crisis-|-startups-now-offer-more-esops-to-compensate-for-pay-cuts-report_13752621.html

Paytm cuts losses 20% as e-pays fall

The Noida-based company has decided to go forward with its annual appraisal cycle where it now plans to allocate a higher amount of employee stock... ...

https://economictimes.indiatimes.com/small-biz/startups/newsbuzz/paytm-cuts-losses-20-as-e-pays-fall/articleshow/75265800.cms

CXOs, cos rush to modify Esop terms to include Covid realities

Mumbai: Senior executives at some of the top listed Indian entities, unicorn start-ups and private equity (PE) backed companies who earn millions... ...

https://economictimes.indiatimes.com/markets/stocks/news/companies-cxos-rush-to-modify-esop-conditions-to-include-covid-19-realities/articleshow/75015134.cms

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Esop

News for Esop

Nilekani, wife's declared assets worth Rs 7,700 crore

Ola to lay off 1400 as revenues decline by 95% in 2 months

Swiggy lays off 1,100 as coronavirus hits business

Consumer internet start-ups brace for salary cuts, layoffs

Sachin Bansal wants to start a bank

Budget: Sitharaman cuts income tax; to spend more to boost growth

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