Year in Review: There’s an Esop fable in startup Inc’s IPO run

December 27, 2024

Initial public offerings of eight new-age internet companies in 2024 revealed a significant disparity in wealth creation between startup founders and employees. Founders amassed nearly Rs 34,000 crore, compared to Rs 8,500 crore unlocked for staff through Esops. Concerns arise over disproportionate Esop distribution and the fairness of typical four-year vesting periods.

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Bharti Airtel has transferred its entire 69.94 per cent stake in Airtel Payments Bank to wholly-owned subsidiary Airtel Limited, a regulatory filing said on Tuesday.

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Shruti Shibulal buys Infosys shares for Rs 469 crore

Shruti Shibulal, one of the promoters of Infosys, on Wednesday acquired additional shares of the IT firm for Rs 469 crore through an open market

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