Cocoblu Retail Marks 3rd Anniversary with ESOPs for All Employees

25 Apr 2025 CW Team

Cocoblu Retail, a leading e-commerce seller and a wholly owned subsidiary of RattanIndia Enterprises Ltd, has announced a company-wide Employee Stock Ownership Plan (ESOP) as part of its third anniversary celebrations. In a pioneering move, the company will offer stock ownership to all employees—across all roles and levels—breaking industry norms and reinforcing its people-first culture.

Cocoblu has allocated 5% of its share capital for the ESOP program, with shares to be offered at a significantly subsidized exercise price. This democratized equity initiative enables every employee, from senior leaders to frontline associates, to become shareholders and participate in long-term value creation.

The announcement follows a standout performance in FY 2023–24, during which Cocoblu posted 35% year-on-year growth, surpassing the typical industry benchmark of 15–25%. This growth was driven by the company’s customer-focused strategy, agile execution, and tech-enabled operations.

Anjali Rattan, Chairperson of RattanIndia Enterprises, stated, “With our all-inclusive ESOP program, we’re giving true ownership in the growth we’ve built together. It’s a celebration of our team’s efforts and an invitation to grow with the company they’ve shaped.”

Over the past three years, Cocoblu has rapidly expanded its seller and product ecosystem, enhanced customer experience, and strengthened its tech-driven operations. With this initiative, the company signals a strong commitment to fostering a culture of ownership, inclusion, and sustained growth.

(BSE)

Technology

29 Jul 2026

AI-Enabled Workflows Lift Profitability and Productivity

Organisations modernising frontline workflows with artificial intelligence, automation and real-time data are reporting stronger financial performance, higher productivity and improved employee engagement, according to a global study by Zebra Technologies and Oxford Economics.The research covered 1,000 senior leaders across retail, manufacturing, transportation and logistics in the US, Mexico, the UK, Germany, India, Japan, Australia and New Zealand.In transportation and logistics, 54 per cent of companies that improved picking and packing operations reported faster operational performance, wh..

India Leads Global AI Readiness but Implementation Lags

Indian companies lead global averages across all eight artificial intelligence readiness indicators tracked by JLL, but only 19 per cent have started making changes to their workplaces, according to the JLL 2026 Future of Work Survey.The study found that 77 per cent of Indian business leaders expect AI to change their office requirements, creating a 58-percentage-point gap between awareness and implementation. The survey covered more than 2,200 CEOs, CFOs and real estate leaders across 21 countries during the first quarter of 2026.Despite concerns over automation, 58 per cent of Indian leaders..

Three WOLFF Cranes Build Riyadh Cable-Stayed Bridges

Three WOLFF 180 B luffing jib cranes are supporting the construction of two cable-stayed bridges alongside the existing Wadi Laban Bridge in Riyadh, Saudi Arabia. The project is being developed for the Royal Commission for Riyadh City and executed by the ICRC joint venture comprising IC Ictas and Al Rashid Trading & Contracting Company.The cranes are handling lifting operations including formwork, reinforcement, concrete placement, work platforms, surveying equipment and other construction materials. Each crane is fitted with a 40 m jib, reaches a hook height of 157 m and offers a maximum ..