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infosys esops: Infy offers Esops of Rs 40 cr to Parekh, Rao and others

Mumbai:
Infosys has vested employee stock options (ESOPs) of nearly Rs 40 crore to its top executives, including CEO Salil Parekh and COO Pravin Rao, a filing with US Securities and Exchange Commission (US SEC) showed on Wednesday.
Parekh, who completed three years at the helm of Infosys in January and helped it return to growth mode, received shares worth Rs 4.33 crore while Rao got Rs 1.94 crore of stock.
More than 30 executives, including CFO Nilanjan Roy, HR head Krishnamurthy Shankar, Presidents S. Ravi Kumar and Mohit Joshi also received shares of the company.
In a separate regulatory filing, Janhavi Nilekani, the daughter of Infosys Chairman Nandan Nilekani and part of the promoter group, gifted 777,600 equity shares worth Rs 106 crore to Tanush Nilekani Chandra, her son.

Mumbai , Maharashtra , India , Mohit-joshi , Pravin-rao , Janhavi-nilekani , S-ravi-kumar , Nilanjan-roy , Salil-parekh , Tanush-nilekani-chandra , Krishnamurthy-shankar , Nandan-nilekani

When courts give tax breaks

When courts give tax breaks
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/ Morning Dispatch
startups have asked to be exempted from the so-called ‘
angel tax’. Now, a ruling by the Delhi High Court could protect all startups from this 30% tax, provided they stick to tried-and-tested ways of calculating their valuations.
Elsewhere in today’s letter:
�� Incoming: Social media tax
Delhi High Court gives startups a (tax) break
It’s no secret that, for a variety of reasons, many startups are overvalued. But the Delhi High Court has refused to tar them all with the same brush.

China , Delhi , India , Mumbai , Maharashtra , Hyderabad , Andhra-pradesh , Singapore , Pravin-rao , Narendra-shyamsukha , Janhavi-nilekani , Infosys-esops

Infosys CEO Salil Parekh, others get stocks worth Rs 40 crore through ESOPs

Infosys CEO Salil Parekh, others get stocks worth Rs 40 crore through ESOPs
timesnownews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from timesnownews.com Daily Mail and Mail on Sunday newspapers.

Germany , Milan , Lombardia , Italy , Bengaluru , Karnataka , India , New-delhi , Delhi , German , Mohit-joshi , Pravin-rao

infosys esops: Infosys gives ESOPs worth Rs 40 crore to CEO Salil Parekh, others

infosys esops: Infosys gives ESOPs worth Rs 40 crore to CEO Salil Parekh, others
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.

Mumbai , Maharashtra , India , Mohit-joshi , Pravin-rao , Janhavi-nilekani , S-ravi-kumar , Nilanjan-roy , Salil-parekh , Tanush-nilekani-chandra , Krishnamurthy-shankar , Nandan-nilekani