Entry Denied
01
Flipkart to launch $50 million worker inventory buyback; over 7,000 workers could profit – examine particulars right here
NEW DELHI: Walmart-owned Flipkart has introduced a $50 million worker inventory buyback plan that can profit roughly 7,000–7,500 staff. The transfer comes because the ecommerce main prepares for a possible IPO submitting subsequent yr.The buyback will permit staff to liquidate as much as 5% of the inventory choices vested between July 6, 2022, and July…