Infosys has refocused efforts to retain employees through awarding them shares over the next five years. The first set of 250-500 shares will be given to middle-management, technical leads and consultants. The stocks will vest over four years, with 25% of units vesting each year. ET
Aadhaar, which has become the mainstay of the government's direct transfer programs, has crossed one billion valid enrolments and is set to build up its infrastructure so that it can verify half a billion transactions daily. LiveMint
Spicejet has been asked by the Delhi HC to deposit Rs 579 crore during hearings on its share transfer dispute with Kal Airways. FE
Flipkart is laying off around 3.3% of its workforce, approximately 700-1000 people, for poor performance, as it looks to tighten spending and cut costs. BS
Photo of the Day: Gurgaon's poor infrastructure and drainage systems resulting in flooding and traffic jams in major parts of the city. Twitter/Rashpal Singh
