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…
ixigo Allots Over 4.6 Lakh Equity Shares Under Employee Stock Option Schemes
ixigo, an Indian travel-tech company, has allotted over 4.6 lakh equity shares under its Employee Stock Option Schemes (ESOPs). The move is designed to retain key talent and align employee interests with company performance. ixigo’s ESOPs are part of its strategy to incentivize its workforce, particularly as the company focuses on expanding its travel booking platform. The allotment of these shares will give employees a stake in the company’s future growth, fostering greater ownership and commitment. ixigo has been expanding its presence in the Indian travel and tourism industry, and this move reflects its long-term growth strategy and employee-centric approach.