1112, 2008
The Storm in ESOPs
The stock market meltdown has hit the wallets of executives of India Inc. and even their retirement plans. Many of them are seeing the value of the stock options getting pummelled. Currently, the market price of stocks is far lower than the option price, making millions of options worthless.
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912, 2008
ESOPs being sweetened
The corporate world is witnessing an overhaul of employee stock option plans (ESOPs). With markets down, the old plans have lost their glitter, and companies are now looking at pricing stock options afresh or issuing fresh ones.
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