The IRS properly penalized a set of affiliated Wisconsin businesses after determining their Employee Stock Ownership Plan ...

ICICI Bank has announced the allotment of 71,031 equity shares with a face value of ₹2 each on July 18, 2025, under the ICICI ...

Headout says it is in the middle of a 'major expansion', aiming to launch in more than 500 cities within the next 18 months ...

The latest Esop buyback, worth $50 million, will benefit about 7,500 staff. To date, the ecommerce leader, which is moving ...

That’s because an ESOP is a tax-exempt trust set up for the benefit of employees. That means that a company 100% owned by its ESOP does not pay any federal and most state income taxes.

The paid-up share capital of the Bank has accordingly increased from Rs. 6,202,939,068 (3,101,469,534 equity shares of Rs. 2/- each) to Rs. 6,203,045,594 (3,101,522,797 equity shares of Rs. 2/- each).

This is Flipkart's first major ESOP buyback since 2023, when it completed a USD 700 million programme for current and former employees.

As veteran ESOP advisors, we are seeing this movement continuing into 2022 and likely beyond. In fact, we just announced completion of a 100% ESOP transaction for Seattle’s BNBuilders, a 22-year ...

InGovern has sought details on the recovery of shares worth ₹480 crore from Rashmi Saluja and questioned the legitimacy of ...

For ESOP advocates, employee-owned companies such as UAL and Weirton Steel Corp., the nation’s second-biggest milled tinmaker, represented a chance to test the concept on a larger scale.

Turns out ESOPs can make your company less competitive, according to a recent survey published in the spring 2020 NCEO bulletin. Despite the obvious benefits of an ESOP–not the least of which is ...

Overall, he believes the ESOP will help BDO with its recruiting and retention efforts, helping employees build up their assets. "From our side, we're very happy with the ESOP, so for us it's been a ...