Rs 126 cr bonanza for Infosys staff

IT major Infosys kicked off its silver-jubilee celebrations in a grand way on Sunday, announcing a cash bonanza of Rs 126 crore (Rs 1.26 billion) for its 58,000 employees worldwide. The......

Return gift: Infosys to give stocks to staff on 30th birthday

All employees of India's second largest information technology services company, Infosys, will get a stock bonanza on its 30th birthday on July 2. Infosys and its subsidiaries had 113,796......

ESOPs back in vogue in IT companies

Employee stock option plansseem to be back in action, as the domestic information technologyindustry is witnessing an upsurge in attrition rate. Indian IT companies, which had put ESOPs on the......

ESOPs benefits not taxable: SC

The Supreme Court has ruled that the benefit given to the staff of a company under the employees' stock option scheme cannot be considered as taxable income and the company was not obliged to......