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Friday, May 24, 2019


Infosys has new sops for staff, CEO Salil Parekh to get Rs 10 crore shares

CEO Salil Parekh will get shares worth Rs 10 crore under a new employee stock option plan. InfosysNSE -1.06 % CEO Salil Parekh will get shares worth Rs 10 crore under a new employee stock option plan that the IT bellwether unveiled for staff on Thursday, as part of its revised performance criteria for the top executive. ...more

Today’s headlines
Legal & Patents
Telecom Department To Soon Settle Issues On Merger, Transfer Of Licences
For the Vodafone-Idea merger, Vodafone India and Idea Cellular paid the department a sum of Rs. 7,268 crore in July 2018. ...more
Reports
Ecommerce companies Flipkart, Amazon log out of deep discounts
Online marketplaces treading cautiously after February tweak in ecommerce policy. Deep discounts offered on India’s two largest ecommerce marketplaces, Walmart-owned Flipkart and Amazon, have vanished for over three months now, said executives from leading consumer companies. ...more
Chinese shout 'Boycott Apple' as US goes after Huawei
As the Washington-Beijing trade war intensifies along with fresh restrictions on Chinese telecom giant Huawei in the US, there has been a significant rise in "Boycott Apple" movement in China. ...more
 
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