India's employee stock option may precede IPO
17 November 2007
National carrier Air India is likely to give stock options to employees ahead
of its initial public offer before 2009 by when it merges with other state-run
consultant, Accenture, has given a 12-18 month road-map for full integration of
the merged identity and an IPO is unlikely to take place before then,'' reports
quoting Air India's chairman, V Thulasidas, said.
a proposal to offer stock options to its 34,000 employees may fructify ahead of
the IPO and a concept paper for this purpose has already been submitted to civil
aviation ministry, he said.
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