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.
Buyback alert! GE Shipping shares rise 3% as firm set to repurchase shares at 16% premium
Great Eastern Shipping experienced a surge in its stock prices following the announcement of its inaugural share buyback scheme. The company has proposed to repurchase