Aryan Sharma

According to a filing with the NSE, the company’s Nomination and Remuneration Committee approved the grant of 1.29 crore ESOPs through a circular resolution.

The deal involved both a direct investment into the company and buying shares from existing shareholders, adding up to a total cash payment of Rs 2,706.44 crore, HUL said in a stock exchange filing.

By moving back to India, Flipkart joins a growing list of startups doing the same. Dream11, a fantasy sports app, shifted its base from the US to India earlier this year using a new fast-track process — becoming the first to do so.

Together, they will set up 50 Centres of Excellence in drone technology at AICTE-approved colleges across India. These centers will get modern drone equipment, tailored training programs, and ongoing technical help from IG Drones.

With this tie-up, MobiKwik users across India can get personal loans between ₹50,000 and ₹15 lakh. The money can be used for things like education, medical bills, travel, or other personal needs. Users can choose to repay the loan over 6 to 36 months.

About six weeks ago, Tesla met with leaders from Tata Electronics, Micron and CG Semi to understand their production timelines and packaging capabilities. These meetings are part of Tesla’s effort to evaluate India’s potential in chip manufacturing.

In February, Nykaa gave out 90,500 shares under its ESOP plan, worth about Rs 1.49 crore. In November last year, it gave 1.8 lakh shares and in October 2024, another 3.08 lakh—totaling about 4.8 lakh shares in the December quarter.

Launched in October 2023, KIGI aims to support India’s game development ecosystem and help local studios become globally competitive. Chosen startups will receive expert mentoring for 6–12 months and funding of up to $150,000.

The clarification came after some media reports claimed that UPI payments above Rs 2,000 in a single transaction might be taxed under GST to improve tax compliance and formalize digital payments.

A resolution passed by the company's shareholders stated that Tiwari was involved in activities causing significant harm to Medikabazaar.