It is not Mukesh Ambani, Azim Premji or Gautam Adani in the list of highest paid CEOs in India. The Capitaline study has made a clear salary figures on the highest paid CEOs in India which is listed below.
Naveen Jindal, chairman and MD of Jindal steel and power gets a salary of 69.7 Crores per annum that means 5.8 Crores per month. This is the highest salary fetched by the CEO in India. Jindal group is the fourth largest private sector by assets and sales turnover. Though his salary dropped down by 3.66 percent in 2010-2011 tenure he still ranks first. He is also a member of parliament from Haryana from where he gets 50,000 as income which he will be donating for social activities.
The chairman and MD of Sun Network, most profitable television network in Asia and Spicejet is the second highest paid CEO in India with a salary of 64.4 crore. Kalanithi’s salary got boosted up by 73.68 percent for 2010-2011. His television channels and newspapers dominate the whole south Indian media. He was won prestigious honors like young businessman award from VNBC and Ernest and young. The U.S. based Forbes magazine listed him as the television king of southern India. He is the son of the late and former union minister Murasoli Maran and grand nephew of the DMK president M. Karunanidhi.
Kaveri Maran, wife of Kalanithi Maran and the joint managing director of Sun TV is the third highest paid CEO with a salary of 64.4 crores.
Telecom mogul, Sunil Mittal is the fourth highest paid executive in India. The chairman, founder and the group CEO of Bharti Enterprises fetches a salary of 27.1 crore that rose by 17.11 percent this year. In the year 2007 he was honored with Padma Bhushan, India’s third highest civilian honor. He is also known for his philanthropy. His works towards educating India through Bharti foundation that has established over 200 schools and listed him in the top 25 philanthropists in the world in the year 2009.
The founder director and the chairman of Hero Motocorp, Brijmohan Lall Munjal is the fifth highest paid CEO in India with a salary of 26.75 Crores. His salary dropped down by 12.69 percent in 2010-11. He is the key person who developed the company to a great level which rose up from a cycle manufacturer to motor cycle and scooter.
The brother of Brijmohan Lall Munjal, Pawan Munjal is the sixth highest paid CEO in India. He is the MD and CEO of Hero Motocorp and is the key person in the success of the company. His ideas and deliberate plans elevated the brand name.
The chairman and MD of BGR Energy Systems makes the seventh place in the list with a salary of 25.92 crore that rose up by 180 percent on 2010-2011. Till now the company has implemented 226 contracts in 74 countries and over 1,000 contracts in India. His company holds business in two parts, the supply of systems and equipments and Turnkey Engineering project contracting.
The Chairman and MD of Cadila Healthcare is the eighth highest paid CEO in India with a salary of 25 Crore though there was a salary drop of 12.68 percent for 2010-2011. He has perceived his bachelor and master degree in pharmacy from Gujarat University. Patel was named as the “best Pharma man of the year 2003″ by the foundation of Indian industry and Economists. He was named the “Best Pharma man of the year 2003″ by the Foundation of Indian Industry and Economists.
The vice chairman and MD of JSW steel is ranked ninth in the list. He obtains a salary of 20.80 crore. He holds a bachelor degree from Bangalore University.
The head of Aditya Birla group and MD of Hindalco industries, Debu Bhattacharya. He gets a salary of 17.31 Crore. His salary increased by 31.64 percent in 2010-2011. Bhattacharya is also the VC of Novelis Inc.
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