Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Eternal grants 64.77 lakh ESOPs worth Rs 168 crore
Eternal, formerly Zomato, has granted Employee Stock Ownership Plans (ESOPs) worth ₹168 crore. This move reflects the company's strategy to attract, retain, and motivate its employees by offering them a stake in the company's success. ESOPs are a common incentive in the startup and tech world, aligning employee interests with shareholder value. This significant allocation underscores Eternal's commitment to its workforce and its confidence in future growth. Such grants are crucial for fostering a sense of ownership and driving performance, especially for companies in competitive industries, by allowing employees to participate directly in wealth creation.