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…
Zomato Expands ESOP Pool, Allots 1.2 Cr Stock Options
Zomato announced the expansion of its Employee Stock Ownership Plan (ESOP), allocating 1.2 crore stock options to its employees. This decision aims to enhance employee engagement and retention, providing them with a stake in the company's growth and success. By expanding the ESOP pool, Zomato reinforces its commitment to rewarding employees and fostering a sense of ownership. This initiative reflects a growing trend among startups to implement ESOPs as a means of incentivizing talent and aligning employee interests with company performance.