ByteDance raises annual bonus for high-performing employees amid restructuring and latest TikTok crisis in US

While employees have started to receive their bonuses for the past year based on their performance review, those who were rated “M” or higher will be rewarded extra payment of between 5 per cent to 15 per cent of their original bonus, according to Hua Wei, head of human resources at ByteDance, in an internal … Read more

Exicom Tele-Systems to float IPO on Feb 27; aims to raise Rs 329 crore via fresh issue

EV chargers maker Exicom Tele-Systems Ltd is set to launch its Initial Public Offering (IPO) on February 27. The initial share sale will conclude on February 29 and the bidding for anchor investors will open for a day on February 26, according to the Red Herring Prospectus (RHP). The maiden public issue comprises a fresh … Read more