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…
Swiggy IPO: 500 Employees to Join the Crorepati Club
Swiggy's upcoming initial public offering (IPO) is set to create a significant windfall for its employees, with around 500 of them expected to become crorepatis. The IPO will allow employees to cash in on their stock options, resulting in substantial financial gains. Swiggy's decision to go public is driven by its robust business growth and the desire to unlock value for its stakeholders. This move also highlights the company's commitment to rewarding its employees and recognizing their contributions to its success. The IPO is anticipated to strengthen Swiggy's market position and provide it with the capital to pursue further expansion.