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Vijay Shekhar Sharma-led Paytm grants ESOPs worth Rs 16.7 crore to eligible employees
One 97 Communications, the parent entity of Paytm , has approved a fresh grant of employee stock options (ESOP) under its existing ESOP framework. In a stock exchange filing, the company said its Nomination and Remuneration Committee approved the grant of 1,23,908 stock options to eligible employees under the One 97 Employees Stock Option Scheme 2019. The approval was granted on January 3, 2026, through circulation. Each stock option is convertible into one fully paid-up equity share of face value Rs 1, with an exercise price of Rs 9 per option. Based on Paytm’s Friday closing share price of around Rs 1,340.4, the newly granted ESOPs carry an approximate notional value of Rs 16.7 crore. The company also disclosed that 4,25,702 stock options lapsed during the period. There was no vesting, exercise, cancellation, or variation of terms of options reported as part of this disclosure. The equity shares allotted pursuant to the exercise of these options will not be subject to any lock-in....
Central Govt Employees Likely To Get 2% DA Hike Soon; Salary To Rise From January 2026
The All-India Consumer Price Index for Industrial Workers rose by 0.5 points to 148.2, keeping the 12-month average firmly on track to take DA/DR to 60%, from 58% currently.
IIT-Hyderabad student makes history: Rs 2.5 crore package breaks records amid tough job market
An Indian Institute of Technology Hyderabad student has achieved a record Rs 2.5 crore package from Optiver. Edward Nathan Varghese will join the Netherlands-based firm as a software engineer. This historic offer highlights the institute's growing placement standards. Average packages have also seen a significant jump this placement season. The institute continues to produce highly sought-after talent.