The likes of Ratan Tata, Mukesh Ambani, Naveen Jindal are global names have earned a place for themselves as some of the highest paid CEOs in India. Here is a list of top 10 CEOs in India and their salaries: Please remember that the list has been compiled taking both their contribution and present salaries into account:
Salary of Naveen Jindal: The managing director and chairman of Jindal Steel and Power is also a Member of Parliament from the Kurukshetra Lok Sabha constituency. In recent years he reportedly draws a salary of around 5.8 crores monthly (69.7 crores per annum)
Salary of Sunil Mittal: The group CEO and chairman founder of Bharti Enterprises drew a pay packet of INR 9.58 crore, along with prerequisites of INR 44 lakh and incentive of INR 11.25 crores in the year 2011 -2012. However, he had witnessed a plummet of around 6 crores in the performance linked incentives. Nonetheless according to various estimates his salary could well hit an all time high of INR 70 crore by 2016.
Salary of Brijmohan Lall Munjal: The founder director and Chairman of Hero Motorcorp witnessed a salary drop of around 13 % in the year 2010-2011. He is reportedly drawing an annual salary of around 26.75 crores.
Mukesh Ambani: The Chairman of Reliance Industries and second richest man in Asia leads operations in textiles, retail, petroleum and petrochemicals. According to report in Times of India in 2012 Ambani had decided to decline a salary package of INR 23.82 crores and stuck to INR 15 crores, which has been the same since the past four years.
Salary of K M Birla:The 43 year old chairman of Aditya Birla Group has businesses spanning over both financial and retail sectors. Idea Cellular, Hindalco and Ultratech Cements are popular brands whose operations are led by Mr. Birla. The last fiscal recorded a 13.06 crore salary for K M Birla.
Salary of Ratan Naval Tata: The chairman of Tata Group has played a pioneering role for India’s automotive industry and that too keeping a very low profile throughout his career. Playing a pivotal role in India’s IT, Consumer Products, Communications and other services, the 75 year old Ratan Tata is the face of Indian success in the global arena. Tata’s salary was pinned at 68.4 lakhs at 2011-2012 which included INR 66 lakh for commission and INR 2 lac 40 thousand sitting fee.
Salary of Azim Premji: The 67 year old chairman of Wipro Ltd had been reportedly considered worth $15.9 billion by Forbes in the year 2012. However the last fiscal saw his salary dip by a third to 1.9 crores.
Salary of Pankaj Patel: Pankaj Patel is the Chairman and Managing Director of Cadila Healthcare is considered to be one of the highest paid CEOs in India. In the year 2010-2011 he drew a salary of INR 25 crore even after witnessing a 12.68 percent dip. The Foundation of Indian Industry and Economists honored him with the title of “Best Pharma Man of the Year 2003”.
Salary of Anil Ambani:Carrying the rich legacy of Mr. Dhirubai Ambani on his able shoulders Anil Ambani has been able to channelize his inborn industrial capabilities in the right way. The chairman of Anil Dhirubhai Ambani Group draws a package of INR 5.5 crores at present. In the previous year his salary stood at 17 crores. These remunerations are from four companies Reliance Capital, Reliance Communications, Reliance Infrastructure and Reliance Power. He gets them as sitting fees and attending important meetings.
Salary of Sajjan Jindal: He is the Managing Director and Vice Chairman of JSW Steel. He draws a salary of around 20.80 crores.