Latest Updates Around The World
Billionaire Eternal founder Deepinder Goyal is set to lose over Rs 1,000 crore in unvested employee stock options (ESOPs) as he steps down from the role of Group CEO. He is returning 3.3 crore shares to the corporate pool. Analysts call this an extraordinary corporate governance gesture that could eliminate the need for shareholder dilution […]
Days before Zomato’s historic listing in July 2021, Sanjeev Bikhchandani sent an email that now reads like a masterclass on IPO price discipline. The founder of Info Edge, one of Zomato’s early backers, told founder Deepinder Goyal not to chase a high-priced doll or let retail investors lose money. “Current shareholders should not feel short-changed […]
