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Mohammed Zaid

Building-HatchUp.ai • 5m

Around 70 former and current Swiggy employees stand to make over ₹8.5 crore each ($1 million) with Swiggy's IPO, making them dollar millionaires, Moneycontrol reported. These 70 people are part of a wider group of 5,000 employees jointly earning ₹9,000 crore via ESOP payouts. Swiggy shares debuted on NSE and BSE at premiums of 7.7% and 5.6%, respectively, on Wednesday.

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financialnews

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Swiggy shares list at ₹420 on NSE, opening 7.7% above IPO price in a highly anticipated debut Swiggy's IPO debuted at ₹420 on NSE, up 7.7% from its issue price. The IPO was oversubscribed 3.59 times, attracting significant interest from institutiona

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As the labour department received many emails from former Byju's employees regarding full and final settlements, Karnataka Labour Minister Santosh Lad met representatives of the troubled edtech firm and urged them to settle outstanding dues owed to f

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Vikas Acharya

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Rapido announces first ESOP liquidity program Ride-hailing firm Rapido has announced its first-ever Employee Stock Ownership Plan (ESOP) liquidation program for its current and former employees. Through this initiative, employees are eligible to

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Harsh Dwivedi

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Top News of the Day: 1. Zetwerk, a startup, is planning to raise $1 billion through an initial public offering (IPO) after engaging in talks with JP Morgan 2. Apple Inc plans to increase its iPhone production volume to 32% and its production value

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