India's largest exploration firm Oil and Natural Gas Corporation is considering giving 2-3 per cent of its equity shares to workers as employee stock options.
Aditya Puri has a higher yearly pay of 9.7 crore, plus stock options, at HDFC Bank.
Vishal Sikka said such a plan is on the anvil.
PSBs were required to bring down government shareholding to at least 75 per cent, to comply with the amended Securities Contract (Regulations) Rules by August 2017.
The regulator said if the variable pay is up to 200 per cent of the fixed pay, at least 50 per cent of it should be in non-cash, and if the variable pay is above 200 per cent, 67 per cent of it should be paid via non-cash instruments.
HDFC MF has had a history of stock options and gave additional ESOPs to key staff a few months ago
'Genuine' share transfer gets relief; CBDT lists three scenarios where tax would be levied
Time opportune, with market buoyancy and entry of new entities
ESOPs allow employees to own equity in the company, which is seen as a morale booster for them.
Issues Rs 358 crore interim dividend, 1:10 bonus and 10:1 split
Did you know that you are sacrificing a part of your salary in the name of ESOP?
The new ITR forms have shifted the entire onus on the taxpayers to prove their claim for deductions, expenses or exemptions.
In 5 years, the AMC has clocked a growth rate of 40% with its AUM up nearly 4 times.
Confirming that the company could shift its production to other facilities, Bajaj Auto Managing Director Rajiv Bajaj told Business Standard: "If we take a view that this (labour issue) is going to extend over the next two months, we certainly can do that, and will do that."
SpiceJet has cut costs to turnaround the carrier in a year's time.
Meeting the disclosure norms isn't very easy.
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