Mumbai: Flipkart‘s board has approved a second Esop (employee stock ownership plan) liquidity event, allowing eligible employees to liquidate up to 5% of their outstanding options vested over the past three years at Rs 713.4 per option, an internal email from group CEO Kalyan Krishnamurthy showed.The second liquidity event is likely to be around $25…
Dreaming of owning a home but worried about rising property prices? The government’s Credit Linked Subsidy Scheme for Middle Income Group (CLSS for MIG) could offer some relief.Launched in 2017 under the Pradhan Mantri Awas Yojana-Urban (PMAY-U), the scheme is aimed at helping middle-income families who do not own a pucca house. It allows eligible…
NEW DELHI: Former West Bengal chief minister Mamata Banerjee‘s loyalist Dola Sen on Saturday lodged two police complaints against the rebel TMC MLAs, alleging “forgery of the party symbol and impersonation of the name All India Trinamool Congress.”This comes as the Ritabrata Banerjee-led breakaway TMC faction met Kolkata’s former councillors for the second time in…
The economic fallout from US President Donald Trump’s trade war is now becoming clearer, with new data showing a sharp decline in Canadian tourism to the United States. According to a report by Business Insider, researchers at the University of Toronto’s School of Cities found out that Canadian visits to the US cities have dropped…
The United Arab Emirates, the country which bore the brunt of Iran’s drone and missile attack on its neighbours, is now under the protection of Israel’s Iron Dome air defence system. This news was confirmed by Mike Huckabee, the US Ambassador to Israel. “I’d like to say a word of appreciation for United Arab Emirates,…
Connor McDavid #97 of the Edmonton Oilers celebrates on the bench if front of Wayne Gretzky during the 2020 NHL All-Star Game between the Pacific Division and Central Division at the Enterprise Center on January 25, 2020 in St Louis, Missouri. (Photo by Chase Agnello-Dean/NHLI via Getty Images) One of the biggest stories in recent…
HYDERABAD: One person is feared dead and several others injured after the roof of a house collapsed in Marpally area of Vikarabad district on Saturday, officials said.According to news agency PTI, multiple people are also feared trapped under the debris, prompting a large-scale rescue operation at the site.Teams from the local administration, police, and disaster…
DKS and Siddaramaiah will meet the party high command on Monday BENGALURU/KALABURAGI: Ahead of DK Shivakumar‘s swearing-in as Karnataka CM on Wednesday, Congress has shifted gears to put together a team of ministers, appoint a new chief for the party’s state unit and pick members for boards and corporations.The CM-elect and outgoing CM Siddaramaiah are…
NEW DELHI: In a massive relief for beleaguered Vodafone Idea, the Department of Telecom (DoT) has reassessed the company’s adjusted gross revenue (AGR) dues at Rs 64,046 crore at the end of Dec, as against Rs 87,695 crore estimated earlier.In a stock exchange filing, Vodafone Idea said on Thursday that the committee set up by…
Iran hopes to make the most of the temporary reprieve that could allow it to restart exports. (AI image) With the Donald Trump administration announcing a 60-day waiver for Iran’s petroleum products, Tehran is reportedly rushing to sell oil to some of Asia’s biggest crude buyers, including India.For years, sanctions restrictions forced Iran to direct…