NITN | @notintownlive | 23 Jan 2023, 06:07 am
ESOPDhan
Bengaluru: ESOPDhan co-founder Nitin Agarwal, an angel investor, has said he expects the upcoming Union Budget to reduce the holding period of ESOP shares of unlisted companies from two years to one year for purposes of capital gain.
"This would make ESOPs a more attractive tool to retain and reward employees, especially among startups that are today seen as major job creators," Agarwal said.
ESOPDhan, the financial services firm that has lent about Rs 20 crore to 15 Bengaluru and Hyderabad based employees of US-based high growth tech companies to exercise their vested ESOPs is looking to build a loan book of Rs500 crore by 2025.
- Where governments stop, institutions begin: Culture Minister Shekhawat salutes Prabha Khaitan Foundation
- National Award-winning ‘Ramnami’ puts spotlight on community behind Chaltabagan’s ‘Nishan’ theme
- Thiagarajar Polytechnic College receives Education Excellence Award for the fifth time
- Sona College of Technology's 25th graduation day: 1,325 students receive BE, BTech, ME, MCA, MBA and PhD degrees
- ‘We are the worst storytellers’: Suhel Seth on India’s failure to market itself at 'Kitaab' book launch
- Sona College of Technology welcomes 2,400 freshers to UG, PG programmes
- ‘Children shouldn’t carry the burden’: Social activist Sundeep Bhutoria urges Centre to enforce 10% school bag rule
- When the Body Becomes a Temple: The Ramnami Samaj's Century-Old Rebellion Now Inspires Kolkata's Durga Puja
- From Ramnami tattoos to a global app: Chaltabagan's 'Nishan' takes Durga Puja beyond Kolkata
- 66th Graduation Day: Thiagarajar Polytechnic records 100% placement for graduating batch of 692 across 11 disciplines
flydubai has temporarily suspended all flights to Israel until further notice, citing safety concerns, following a cockpit fight aboard a Tel Aviv-bound flight last Thursday in which the co-pilot allegedly attempted to crash the aircraft, media reports said.
IndiGo is celebrating two years of its loyalty programme, IndiGo BluChip, which was introduced in October 2024 and has since grown to include an ecosystem of more than 25 partners. Over this period, it has emerged as one of the country’s fastest-growing loyalty programmes.
Air Canada has extended the suspension of its flights to and from Dubai, with services to Dubai International Airport (DXB) now cancelled until the end of March 2027.