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Air India offers nearly 98 cr shares to employees under stock option scheme

Business Standard LogoBusiness Standard2w ago

Air India offers nearly 98 cr shares to employees under stock option scheme - Business Standard

Quick Summary:

The shares are also being offered to the permanent staff of Air India Express as part of the Employees' Share Benefit (ESB) Scheme 2022, according to a document.

"In accordance with the share purchase agreement signed as part of the disinvestment process, Air India has initiated the Employee Share Benefit Scheme for eligible employees who were in service with the airline on the date of privatisation.

Air India has offered around 98 crore shares of the company to its permanent employees as part of a stock option scheme.


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Article Details

Author / Journalist: Press Trust of India

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2023-01-25 @ 23:36:00 (2 weeks ago)

News Timezone: GMT +5:00

Ranking: #783 (out of 10858 stories this day)

News Source URL: business-standard.com

Language: English

Article Length: 511 words

Reading Time: 3 minutes read

Sentences: 15 lines

Sentence Length: 35 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 4785396

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 109 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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The story "Air India offers nearly 98 cr shares to employees under stock option scheme" was covered 2 weeks ago by Business Standard, a news publisher based in India.

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  • URL: https://beamstart.com/news/air-india-offers-nearly-98-16746708641099

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