The company has distributed 49,959 equity shares upon exercise of stock options under the ESOP – 2014 and 24,425 equity shares upon exercise of ESOP stock options in 2018.
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The company said that it had given the RSUs to its identified workers under the Company's ADS Restricted Stock Unit Plan 2004. This grant was valid until 5th September 2023
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The reason for the payment delay has been attributed to technical issues, however, the central government is working towards rectifying the issue
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The minimum and maximum annual bonuses would be Rs 42,561 and Rs 4,61,019, respectively after signing a memorandum of settlement with the Tata Workers' Union
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The social media giant owned by Elon Musk, is facing 2,200 arbitration suits from former workers over failure to pay severance
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This is the third substantial delay in distributing salaries by the fast commerce firm as it missed the 20th July deadline for clearing the due pay before the September deadline
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Among tier-2 cities, Kolkata (+7%), Ahmedabad (+5%), Baroda (+4%), Jaipur (+4%), and Kochi (+3%) exhibited a positive incline in job activity in August 2023.
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Effective from 1 September, the policy will be accessible regardless of gender, relationship status, or how a child joins the employee's family
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