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.
- ‘This Union budget is about building capacity, not chasing short-term consumption’
- AI will replace surgeons, coders — and billions of jobs, warns Sraddhalu Ranade at MCHD-SKC Memorial Lecture
- Religion without servility: Journalist Anshul Chaturvedi on why Vivekananda speaks to believers and atheists alike
- Culturist Sundeep Bhutoria unveils anthology When Gods Don't Matter at Jaipur LitFest 2026
- Kolkata CP urges elderly to stay alert against digital scams at ‘Pronam’ interaction
- Sona Incubations, Salem picks 17 startups for Rs 11 Mn DST investment, grant
- Visva-Bharati University unveils a transformational roadmap under Vice-Chancellor Dr. Probir Kumar Ghosh
- Sona College of Technology hosts Think Salem 2025: To spur startup opportunity from Tier-2 Cities
- ACM India unveils National AI Olympiad 2026 to spot school talent for global AI stage
- Reject Macaulayan education, reclaim Indian values: H M Bangur’s big World Hindu Economic Forum pitch
Gurgaon : Air India, India’s leading global airline, has unveiled a completely refreshed beverage collection, one that brings together some of the world’s most celebrated wines and spirits at 35,000 feet on international routes.
Indian airline major Air India today announced a significant enhancement to its popular Mumbai-Frankfurt route, with the deployment of its newly delivered, first line-fit (or made-for-Air India)
Saudia, the national flag carrier of Saudi Arabia, and Air India, India’s leading global airline, have signed a codeshare agreement that will take effect in February.