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.
- Vee Vault Capital invites first cohort of high-potential founders
- Sona College student Team Nexus AI designs an intelligent PLC programming assistant
- Ind.AI: Sovereignty, jobs, energy and the “What If?”
- Diabetes, muscle loss and the illusion of quick fixes: Why lifestyle correction—not shortcuts—remains our strongest medicine
- Kolkata: Rotary honours Padmashri 2026 awardee Pandit Tarun Bhattacharya
- Kolkata: Rotary Club of Calcutta Pointers, Indian Cancer Society host cancer awareness, screening camp
- ‘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
Passengers booking flights with IndiGo will have to pay more starting March 14 after the airline announced an additional fuel charge on all domestic and international routes amid rising fuel prices linked to the ongoing Middle East conflict.
Amid the ongoing Middle East conflict, global flight operations continue to face disruptions, with limited services and rising airfares affecting travellers across several regions.
Air India on Tuesday announced a phased increase in fuel surcharges across its domestic and international network, citing a sharp rise in aviation fuel prices triggered by the ongoing conflict between Iran and the United States in the Middle East.