Le Ee) The number of senior executives earning over Rs 2 crore has increased from 116 to 228 Name MUKESHAMBANT ‘wD Reliance Inustes PRARAIA wD Madras Cements 2078 WALANTTHI MARAN oD Sun TV 23.26 AVERY KALANITH Joint Managing Direcior Sun TV 23.26 KUMAR MANGALAMBIRLA Chairman Hindle 1753 ‘BRUMOMAN LAL MUNIAL Chairman Hero Honda Matos 15.62 PAWANKANTMUNJAL MO & ED Hero Honda Motors 1554 SUNILBMARTI MITTAL oD Bharti Arte 14.96 KANN REDDY Chairman Dr Res aberatvis 14.40 ACSANGHU Managing Director ‘Ambuja Cemenis| 14.04 SAVIAN JINDAL VCAMD SW Stel 1325 TAKAO EGUCHI Whalesime Director Hero Honda Motos 1261 PANKAJ RPATEL wD, Cadila Healthcare 12.40 NAVEENJINDAL EKVCE MD. Jindal See & Power 11.63 GVPRASAD vea co Dr Reds Laboratvis 10.87 SATISH REDDY MD & coo Dr Res Laboratories 10.87 ‘ONKARS KANWAR ob ‘Acolo Tyres 9.98 ESUDHIRREDDY VC&ND NACL Infrastuetues| 9.85 MAMRMUTHIAR Managing Director CChetinand Cement 392 RAIVSINGH ‘ice Chatman Du 792 ‘YRHAMIED wD ila 7.88 ‘MURAUIKDIVI oD Dis Laboratories 7.88 HITALRMESWANI Executive Director Relance Indstes 7 NIKHILR MESWANI Executive Director Rellance Indstes 777 ‘ABIL KHORAKIWALA cD Wodkhardt 776 vant Managing Director Klpataru Power Transmission 7.62 [ASHOK KUMAR GOEL VCAMD sal Popack 7.60 DJAVAVARTHANAVELU cD Lakshmi Machine Works 743 ‘AMARLULLA Joint Managing Director pla 733 MICHAMIED Joint Managing Director pla 733 PRSOBEROL Chairman & Chie! Bective FE 6.38 RAVINDERJAIN Managing Director Panacea Batec 6.69 NVRAMANA Execute Director Di Laboratores 664 (MALVINDER MOHANSINGH EO MD Ranbaxy Laboratories 657 INAVINAGARWAL ecutive VE Sterte Industries 616 RAJESH ADAN! Managing Director ‘Acari Enterprises 5.94 AMNAIK ‘oD Larsen 8 Toubro 5.85 ‘ANT GULABGHAND wo Hec 5.80 RATANJINDAL VvCaND Jindal Sains 561 Daurta Chairman Lupin 5.60 SSOSHILKUMARIAIN Chairman, Panacea Biotec 558 BNKALYAN wo Bharat Forge 551 (GAUTAMSADANT Chairman ‘Adar Enterptises 5.35 FWESHIAIN Joint Managing Director Panacea Biotec 533 SANDEEP JAIN Joint Managing Director Panacea Biotec 5.32 RAGHAVENDRARAOK Managing Director (Orchid Chemical 5.28 SURESH KRISHNA wD Suda Fasteners 5.25 SPOSWAL wD \ardhan Texts 5.23 PRATHAP CREDDY Executive Chairman ‘Apollo Hospitals Enerorises 571 DIGNESH SHAH Managing Director Fnancal Technologies 5.19 GAUTAMTHAPAR, VC&MD Balarpur Industries 5.18 YeSHARMA Managing Director Sobha Developers 514 SSMUKHERIT ‘ice Chatman Ee 5.05 BRIANW TEMPEST ExvViee Choiman Ranbaty Laboratories 497 BHATTACHARYA Managing Director Hindle 494 ‘Busines Standard © DECEMBER 2007Name SUSHICANSAL (Chairman & Wholetine Dveclor Ansa Properties ‘GAUTAM HARI SINGHANTA 0, Raymond 473 [ASHOK CHATURVEDI CMD. flex 461 DOUGLAS BAILLIE MD & £0 Hindustan Univer 458 ‘NAROTAM SEKHASARIA ‘Vice Caiman “Ambuj Cements 457 TeGovaL Managing Director Du 456 RAYMOND NBICKSON Managing Decor Indian Hotels 455 KULDIP KUMAR KAURA Managing Decor Sterite Industries 4.46 ‘MARTIAL GROLLAND wD Nestle 437 ‘YCDEVESHWAR Chairman & Wholetie Diector MTC 437 KRTHAKUR. Managing Director Syoti Structures 435 SCMEHTA VC&ND Deepak Feiler: 426 ‘TARUNIAIN Wholecime Decor Sere Industries 422 PRADEEP GUHA 0 Zoe Entertainment 420 (GHIRAYURAMIN mb ‘Alembic 415 ‘AJAGARWAL Joint Managing Director Mercator ines 3.99 ‘ASMINOCHA ‘Advisor - Commercial Spaces Dur 3.99 WXTTAL wD Mercator nes 3.99 RAMULBAA Chairman aa) Ato 3.95 PRAKASH M SANGHVI ow Ratramani Metal & Tubes 3.95 EKTAKAPOOR Creative Director Bala eens 3.92 SHOBHAKAPOOR MD & EO Bala eis 3.92 MB PAREKH Managing Director Pade Industries 381 AKHIL GUPTA Executive Director Bharti Atel 3.80 JAYADE GALLA MD & EO ‘Amara Raja Bates 3.87 ‘AUAY GPIRAMAL Chala Nicholas Firamal 3.85 CGV KRISHNA REDDY Chima Ta GK Hotes 3.78 KHANNA. Managing Director Bombay Dyeing 3.77 PURIADITYA Joint Managing Director Sorasnai ind! Syndicate 3.76 PURIRANITT wD Saraswati Indl Syndiate 3.76 PRAYASVIN B PATEL oD Elecon Engineering 3.74 SKBANGUR CMD. ‘WestCoast Paper 373 PTRIVIKARMAPRASAD Executive Director Nava Bharat Ventures 372 DASHOK Managing Director Nava Bharat Ventures 372 BRENABRAHAM. Managing Director ‘Aban Offshore 3.70 HEMANGRAJA MD & CEO ILAFS Invests 3.63 ‘AZIM PREMAI D ‘Wipr> 3.58 ‘ANALIITSINGH Chairman Max india 357 SUNILDUGGAL Director Dabur nda 357 STEPHAN GERUCH VC&MD, Bayer CropScience 3.55 ROMAWAR. Managing Decor Usha Marin 354 ‘YMDESOTHALEE ‘Wholecime decor & CFO Larsen & Toubro 353 DEEPAK PURI Managing Director Moser Baer 350 PDNARANG Director Dabur nda 3.49 iKVENKATARAMANAN, Wholecime director Larsen & Toubro 3.48 KPSINGH Chairman tg 3.46 ANMUKHUA Wholecime decior Larsen & Toubro 3.44 BGBaNcuR Executive Charman shree Cement 341 HMBANGUR Managing Director Shree Cement Bat SANJAY JAVAVARTHANAVELU ‘Whalesime Drector Lakshmi Machine Werks 339 KAMALKSHARMA Managing Director Lupin 337 BHARATKSHETH Managing Director Groat Eastern shiping 3.36 BANANTHARAMAN. Jont Managing Director Max nia 3.36 \VENKATRANGAPPANR. Wholesime Decor Lakshmi Machine Werks 334 PNCMENON Chairman ‘obha Developers 3.26 DECEMBER 2007 « Busines Standard Collectively,the top executives have taken home Rs 1,444 crore from salaries, commisions and perquisites, up from Rs 996 crore last yearit eT ETEcL) The salary package of 104 senior executives has doubled in the last one year; a further 82 got pay hikes of over 50 per cent Name WAVKSHETH Managing Decor (reat Ofshore 321 RAULCKIRLOSKAR ‘Whale-ime Decor Kilosk O1 Engines 321 NPRASAD Chairman Matrix taratoies 3.19 ‘ATULCKIRLOSKAR Ca) Klosks O1 Engines 3.45 KM SHETH Ex Chairman Great Eastern Shipping 3.08 RAJAN BHARTINITTAL Joint Managing Decor Bharti Atel 3.07 ‘ANILGUPTA > KELIndustrs 3.06 URVIAPIRANAL Chairperson Peninsuls Land 3.06 (GAUTAM AKULKARNT Joint Managing Diecior Klose Ol Engines 3.05 TPNavan ‘Whale-ime director Larsen & Touro 3.04 KAMALKSINGH co Rola Ind 3.03 SUDHIRMENTA Chairman Torrent Power 3.03 SANJAY KIRLOSKAR. co Klos Brothers 3.01 ‘AUAYAMUNOT Executive Director Klpataru Power Tansmision 2.95 DEEPAKS PAREKH ce0 BMD HOFC 294 VINTTABAL Managing Director Betannia duties 292 VIKRAM ORLOSKAR Executive Director Klos Brothers 289 TOSHIAKI NAKAGAWA Joint Managing Director Hero Honda Motos 288 SVENKATARAMAN Execuive Director Philips Inia 285 ‘ARUNBHARATRAM, Chairman SRE 2.85 MVKOTWAL \Whole-time director Larsen & Toubro 2.83 PSAMPATH Managing Director cha 2.83 RSJALAN Managing Director hel 2.83 MLBHARTIA wD India Gyeals 2.80 [ARUN KAPUR Joint Managing Director Rico Auto ndustes 278 PHANEESH MURTHY MD & =O iGae Global Solutions 2.76 MADHURBAJAL ‘vice Chana Bajaj Auto 275 ‘GINDIRAKRISHNAREDDY Managing Director Ta) GV Hotels 275 SUBRAMANIAN Cn Shanthi Gears 275 [ARVIND KAPUR Managing Director Rico Avto Industes 274 TWAKRAJ MEHTA Chairman & MD Flat Produc 27 PRAMOD CHAUDHART Chairman & Additional Director Pj Industries 2.68 ‘ARUN MEHTA ca MD ‘Varun Shipoing 268 USBHARTIA Managing Director India Glycols 2.67 NKKSHATRIVA EO 8D Cesta Ina 267 ‘AAVRANGARAIU Managing Director Nagarjuna Constructions 2.65 KVKAMATH MD & GO cia nk 2.62 ‘IAI CHOWDHRY. Chairman & CEO HL Infosstems| 259 ‘SRAMADORAL E08 MD Ts 258 KISHORE BTYANI Managing Bretor Partloon Retail 257 ROMTAS GOEL MD Omae 255 SUSHIL GUPTA Managing Director Asian Hts 254 SHIVIATIA Managing Director Asian Hotels 254 ‘ADIB.GODRED oo) Godre) Consumer Products 253 RAKESH IAIN \Whalesime Director ‘Aditya Brla Nuvo 253 VikMacaPu \Wholesime director Larsen & Toubro 252 KVRANGASWAMI \Wholesime director Larsen & Toubro 251 MALIKACAMIN Wholesime Dector ‘Alembic 243 ‘ALKAPUR Wholesime Director ‘Ambuja Cements 2.48 DINESH OSWAL MD Nahar Spining Mis 247 Demopy \Wholetime Director (Admin) 38 chemicals 2.46 sBMODY wD 18 Chemicals 2.46 SBMODY Whole Director (Mkt) JB chemicals 2.46 DXHATTAN Executive VC & MD Eveready Insts 2.45 PIASINGH Wholesime Decor uF 28 ‘Busines Standard © DECEMBER 2007Name ‘VINEETNAYYAR ‘VG MD & CEO) Tech Mahindra JAYANTILALM SANGHVL Whalesime Diecor Ratoamani Metab & Tubes 2at RAVIKANT Managing Director “ata Motors 2at RAJINDER GUPTA Managing Director ‘Abhishek nds 2.40 KGTENDULKAR Deputy Managing Director ec 2.40 ULKARNIPB Whalesime Decor Ambuj Cements 238 IMISRASAURABH. Senior Escurive Present Uratech Cement 236 ‘ANILD AMBANI Chairman Reliance Energy 234 RAMACHANDRAN GALLA Chairman Nor-Eecutve) ‘mara Raja Batters 232 PKBHANDAR, ‘Wholecime Director & group presidnt Raymond 232 RAVIJHUNIHUNWALR ‘yD HEG 229 ‘GOPAL SRINIVASAN Joint Managing Director Sundaram Cleyion 228 ‘YUDHISHTHIRD KHATAU Managing Director ‘Varun Shipping 228 ‘TVINAYAKRAVIREDDY Vice Crarman Deccan Chronicle Holdings 224 NAKULP MENTA. VCaNo Brarat Bilee 223 ‘NIKHIL DANANT VCaMO Brarat Bifee 223 ‘TVENKATTRAM REDDY Chairman Deccan Chronick Holdings 223 RAVISANGHI Managing Director Sanghi Industries 221 ‘YADUPATISINGHANIA MD & EO AK Cement 219 HARISBHARTIA Managing Director Jubilant Organasys 219 {SAXENA ovo lee Pharma 218 RAVIUPPAL VCAND 98 218 COnYARAM. Executve Director Kotak Mahindra Bank 218 PRAVEEN KADLE Executive Director Taba Motors 247 NP GHUWALEWALA Whalesime Director “Ambuja Cements 216 BHATTACHARYA Joint Managing Director Usha Marin 216 ‘MHARISCHANDRA PRASAD wD ‘Andhva Sugars 245 [ANAND GMAHINDRA ca MD Ma. 214 SAMIRMEHTA Managing Director Tarrant Pharma 243 RSAGRAWAL Managing Director Lanes ABS 212 KALYAN GANGULY Managing Director United Breweries 212 BBRAMALAH Managing Director ‘Andhva Sugars 212 {JAGDISH KHATTAR Managing Director & CEO Maruti yo 21 RAMMYNAMPATI President & Wholetime rector Satyam Computer 21 DKCHHABRIA Managing Director Finolex Cables 240 PPCHHABRIA Chairman Frnolex Cables 240 BHAGIRATH ARYA Chairman BF nusties 210 RAVIMENON ‘Vice Caiman Sobhia Developers 2.08 PREETHAREDDY Managing Drector ‘ole Hostal Eieroses 209 [ASHANKDESAL Chairman Mastek 2.08 ‘MEENAKSHSARAOGE Joint Managing Director Barampur Chri Mills 207 ZUBAIRAHMED Managing Decor Glee India 2.06 ‘MANOJTIRODKAR ‘MD cn 2.05 SANJEEVAGA Managing Director ‘Aditya Bila Nuvo 2.05 AVSRAIU Chairman Nagarjuna Constructions 204 SURINDERKAPUR mb Sona Koyo Stetng Systems 204 KMMISTRY Managing Director OFC 204 SWAILENDRAKJAIN Whalesime Drecor Gras Industries 204 GKAGARWAL Executive Director Brarat Forge 204 AANILBJAIN Managing Director Jain lrigalion Systems 203 ‘ARUNKUMAR. Execute VC & MD Strides Arcola 203 ZELLER FRANZ Senior VP & COO. Indian Hotels 202 vupurr wD Ker 202 INDIRA DUTTV Jont Managing Director Ke 2.02 RAMESH BAWA Deputy Managing Director LAPS vest 2.02 DECEMBER 2007 Most of the highest paid CEOs are from the promoter familiesit eT ETEcL) In the top 5 telecom companies, over 20 executives earn more than Rs 1 crore each Name VISHNU RDUSAD Managing Decor Ruckus Software 2.02 PAVERS Managing Director Bajaj Auto 2.02 MKSHARMA ‘Vice Charman, Hindustan Unikver 201 SARAF ARUN. Executive Director Asian Hotels 201 SWATIAPRIAMAL Director [Nechlas Pram 2a1 SMITREHAN. Managing Director Crompton Greaves 2.00 (MAHESH GUPTA Group VD Peninsuls Land 2.00 GUENDRAKPATN Executive Director Patni Computer 2.00 ‘RSNARONHA Managing Director ST Incuses 2.00 DEEPAKANSAL cM Arsal Housing 499 KKMAHESHWARI ‘Wholecime Director diya a Nao 199 ASHOKKPATML Executive Director Patni Computer 199 ‘ANI BKALYANI Execute Director Bharat Forge 198 SHYAMS BARTIA| yo Jubilant Orgaro 198 BMUTHURAMAN Managing Director Tata Steel 198 DIPAK GUPTA Executive Director Kotak Mahindra Bark 198 (GBALAL REDDY mo ISA nds 197 PMPATEL Managing Director “ABC Bearings 1.96 DP AGARWAL yea MD Transport Corporaion of India 1.96 SSHREHMAN Executive Director me 1.96 PKIVER Managing Director DDeccon Chronicle Holdings 1.96 VIVEKSARAOGI Managing Director Bakampur Cini Mills 1.95 PSMUKHERJEE Director Legal & Corporate Afars __ GlvoSmith CHL 1.93 BRTANEA eo Isr 1.93 [ARJUN OBEROL Joint MD (Development) aH 192 RENUS KARNAD Executive Director HORE 1.92 ASINGH Executive Director iid 131 PAMODY Cn ‘Unie Laboratories 131 ‘CRAJENDRAPRASAD_ wp CCL Produc 1.30 VIKRAM OBEROL Joint MD (Operations) oH 190 JENS HARTMANN County Head-CropScince Bayer CropScience 189 RSESHASAYEE Managing Director ‘Ashok Lend 188. ASHOKBJWRAIKA Executive Chairman ‘Alok Industes 185 ‘CHANDRAKUMAR BUBNA Executive Director Alok Industries 185 DILPBIIWRAIKA Managing Director Alok Industries 185 SURENDRABJIWRAIKA MD Alok Industries 185 RD SHROFE MD Unites Phosphorss 138 ‘GVIVEKANAND Managing Director ‘isaa Industries 138 SKMITRA ‘Whale-ime Decor aiya ila Nevo 182 SUMANTH RAMMURTHI Managing Decor Super Spinning Mile 181 ‘ATBJAIN Jeint Managing Director Jain higtion Systems 1.80 PRADEEP JAIN Chairman Parsunath Developers 1.20 LGRAMAMURTHI Chairman Super Spinning Mis 1.80 ‘ADITYAPURI Managing Director DFC Bank 180 vIVeKMOHAN Managing Director ‘Abbott India 173 (GRACIAS SALDHANA Chairman Glenmark Parma 178 ‘ASHOKJAIPURIA cm osm Fis 177 (GHAISAS DEEPAKK (EO. Inda Operations flex Soltons 177 RKSOMANY uo Hindustan Sanitaryware 177 RAJESH S JAIN wD Eco 177 SHAILESH S JAIN Managing Director Emeo 175 ‘ALEXIUS MANAJOSEPHUSC co Phils Inia 175 BSNAGESH Managing Director Shoppes Stop 175 SUNILGOEL Joint Managing Director Omaxe 174 RAVEDERAH ‘Managing Director Ballrpur Industries 173 ‘Busines Standard © DECEMBER 2007Name ‘ASHOKMADVANI CMD) ve Siar 173 SUNEEL M ADVANI VvCaND le Star 173 RAJEEVAPIRAMAL Executive Vice Chairman Perinsula Land 173 {IRSHROFE Execute Drecor United Posphonus 173 TMPATEL Execute Director ‘ABC Bexrings, 172 KRIPALU ANAND- Managing Director Cadbury 1 RAJIV RATTAN Director Indiabulls Fnancal Senices an SAMEER GEHLAUT Director Indiabulls Fnancal Series 171 HARSH MARIWALA ‘OD arco Industries 170 PREM KUMAR KHURANA ‘wD Everest Kanto Cylinder 169 “TMUKHERIEE. MD (Stee) “ata Steel 1.68 ‘VKMITTAL Managing Decor Ispat Insts 1.67 ‘RI KOBOS General Manager ‘Asian Hotels 167 ‘UAYSSHRIRAM, MD (DCM Shriram Consolidated 167 SANDIP SOMANY. Joint Managing Director Hindustan Saniaryware 166 ‘AIPRASAD oD HBL Nfe Power Systems 1.66 SKFOTEDAR secutive Director Hee 165 SWANTILALMSANGHVI Director - Marketing Ratrarani Metal & Tubes 164 UUMANG KEIRIWAL Managing Director lecrostedl Castings 164 DDEEPAKJAYANT PATEL Managing Director phasis BFL 1.63 RAMACHANDRAN VC&MD Philips Inia 1.63 MAYANK KEIRIWAL Jont Managing Director lecrsteel Castings 1.62 CPSANGHY ow Sanghi Movers 1.62 RATULPURI Executive Director Moser Be 1.62 RAKESH BIYAN Whalesime decor Pantaloon Real 1.62 ‘AKOSWAL wD, (Oswal Chemicals 1.62 DNUNDSAY Director - Indust & Special Products BOC 161 KP CHHABRIA Managing Director Fnolx Industies 161 ‘TEJMALMOTRA ‘Senior Ecutive Dtetor GHeL 161 KVAIDYANATH Exacuive Director mc 1.60 ‘ABHAYVAKIL Managing Director ‘Asian Pais 158 -ASHWINS DANI VC&MD ‘Asian Pains 158 SANJAY LALBHAT Managing Director ‘vind Mis 158 RAMESH SANKA 16x DitecorFinance ig 158 ASHWIN CHOKSL Exscutive Chairman ‘Asian Pais 158 GGLENN SALDANHA EO & MO (leemark Parma 158 RAVIKSHETH Fx Director Great Fastem Shang 158 DSUNDARAM Director France Hindustan Univer 158 DLMIRCHANDANT ‘MD Ingersoll Rand 137 KRRAVISHANKAR. Executive Director Strces Arcola 157 KALPANA MORPARIA Deputy Managing Director Hct Bank 157 LVCHANDRASEKARAN MO & CEO ‘Aztec Sofware 157 LaLa curre Joint Managing Director ra Bank 157 SUDIP DUTTA D 5s Dee Aluminium 155 MxsincH Execute Director Bombay Oyeng 155 NESS NWADIA Joint Managing Director Bombay Oyeng 154 ‘ASHOKBJAIN Vice Chairman Jain gation Systems 153 TAPRAIREL ‘Whalesime Dreier & CS ‘Ambuja Comes 153 RMAKHUA Managing Director SIE Ingle 153 DINESH KUMAR Managing Director XL Telecom & Ener 150 KTHIAGARAJAN MD & EO indja TM 150 AIIVNAIK eo Matrix Laboratories 1.49 SSAHER PERVEZ PESTONIL Senior Operator Indian Hotels 1.48 [MAKRAND BHATT. Wholesime Decor Tarrent Power 1.48 BMALLAREDDY Managing Director ‘Astra Microwave Products 1.48 DECEMBER 2007 While the gross salary of only13 executives is over Rs 10 crore, there is only one professional who gets this salary - Takao Eguchi of Hero Honda at Rs 12.61 crore. The other 12 are all promotersit eT ETEcL) Loyalty, it seems, is a big factor. Only 38 executives in the 576 listed companies have joined their jobs in the last one year Name ‘CPRAMEELAMMA Director ‘Asia Microwave Products PACHITRAKAR coo Asva Microwave Products SANJIVBAIAL Executive Director Bajaj Auto KUAYAKAR. VCaMD cal Ful Systems SHAILENDRA BHANDARI Managing Director Centurion Bank of Punjab 447 AGKRAU. secutive Director Nagajuna Construcions 147 ASNRAU ‘Whale-ime Decor Nagajuna Constructions sar NRALURI ‘Whale-ime Director Nagajuna Constructions sar RAVISKACHRU Chief Execute - Prjecs Di 147 ROGERLIENHARD (General Marager Asian Hots 146. ‘OPLOHIA Managing Decor Indo Rama Synthetics 146 ‘CHANDERKBALIEE Managing Director Royal Orchid 146: SHRADHASURI Execute Director Subros 1.48 'SRAVINDRANATH Managing Director Hindustan Univer 1.45 BKSHARMA Executive Director \Unicnem Laboratories 1.45 WARHARAN PADMANABHAN \Whale-ime Dector 3 Infotech 1.45 [ANANT RKOPPAR President pass BFL 1.45 MAHWAIANAY Managing Director Grindwall Norton 1.45 ‘AKNANDA Execuive Director Man 1.45 SUBHASH BANSAL Whole-tme Diector Gilet fia 148 BHARATDOSHI Executive Director Man 148 SSANDILYA hain cher Matos 1.43 JOEMCGOWAN Diectox Technical Gujarat Gas Co 1.43 DIAN wD Luma Ieusvies 1.43 ‘GLMIRCHANDANT Mo ite Electrons 1.43 VJ MANSUKHANL Diector Mite Electonics 1.43 RAJSHREE PATHY Gn Rajshree Sugars & Chem 143 RKSRIVASTAVA ‘Whale-ime Director Kloss Brothers 1.43 (CGPATANKAR Executive Director Kalyan Stes 142 SKHOSLA Managing Director Procter & Gamble Hygiene 1a MxSINGHI Executive Director Shvee Cement 141 ‘BWARIARAN Group Directo - Finance BalrourInusris 141 (MICHAEL FERNANDES Exccutive Director Nicholas Pramal 141 ‘ARON PURIE cu TV Today 141 ‘APPARIGL Mo & =O Enfertanment Network tat DINESHMUNOT Managing Director ZF Steering Gest 140 HM BHARUKA Managing Director Kansai Nerlac 140 ‘ARVIND THAKUR. (CEO & Whole time Director IT Techolgies 140 IDMITTAL Execute Director Bajaj Hindustan 140 PRASAD CHANDRAN. cD BASE 139 ‘ATULBJAIN Director= Marketing Jain higation Systems 439 HIROFUMINAGAO Joint Managing Decor Marut Uayoq 138 SHINICHY TAKEUCHI Joint Managing Director Marut Uayo9 138 PRAKSH P CHHABRIA Deputy Managing director FrnokexIndusrios 138 wecueTa Managing Director Phosnik Lamps 136 RAVI BHAROWAI vce MD Sunflag ron 136 VIKRAM S SHRIRAM yea MD (DOM Shriram Consol dated 135 HITESH OBEROL Director & COO Info Edge 135 ‘ABHUTTRAJAN. wD (Gammon tia 134 RATHIDD Whole-ime Director & CFO Cas Indusies 134 NACHIKET MOR Deputy Managing Director cra Bank 134 VED PRAKASH ARYA Dieco Partaleon Reta 134 BERND LOHMANN Head- BBS AP OOC Bayer CropScience 133 SUNILWADHWA Managing Director (Usha International 132 CKMENTA Chaienan Deepak Fertilisers 132 ‘Busines Standard © DECEMBER 2007Name VINOD KDASARL Chief Operating fcr ‘Ashok Leland 431 SUBHRAKANT PANDA Managing Director MA 431 KVLNARAYANRAO ‘Wholesime Decor NOTV 431 HOSHEDARPRESS Present & ecutive Director God Consumer Products 431 SIGANPORIAPT Managing Decor “ata Tea 431 KMMAMIMEN MD MRF 431 WSBAWA Managing Decor 2uar ndusties 431 PRANAV BHARDWAJ Joint Managing Decor Sunflag Iron 130 PRADEEPTYLE Sr Present (Fis) Utes 130 SUNEETAREDDY Execute Director ‘Aoollo Hospitals Enervises 130 SATINDER SINGH REKHI wD, ystems Int 130 KMPHIUP Wholecime Drecor MF 128 RAMESH CHANDRA Chairman United 128 TATANN Managing Decor “rent 129 FAROUKIRANT Managing Decor Fist Lessing 129 PRAFULASHAH ‘vb Carden Sik Mil 128 ‘MONORANIAN MOWAPATRA Presdent & COO Fletronics Software 128 PRAKASH KULKARNI Managing Director Thermax 127 noeus Executive Director Siemens 127 DINESHNAIR Jont Managing Director Hotel Lees Venture 127 ‘VIVEKNAIR VCaMD Hotel Lae Venture 127 SUDEESH YEZHUVATH Execulve President ube Azure 126 SHASHI KIRAN SHETTY ovo ‘Alarga Gh Logics 126 UDDHAV KEJRIWAL ‘Wholesime Decor Elecrasteal Castings 126 CMANSUKHANL Chairman Man Industies 126 SHUMOISHI Director (Mt & Sales) Maruti Udyog 126 ‘TmoTHY BRUCE General Manager Asian Hotels 126 (MANU PARPIA Managing Director Geometic Software 125 MRCHANDURKAR Managing Director Ipca Laboratories 125 NEERAJ KANWAR Joint Managing Director ‘Aoall Tyes 1.35 AUAYKVU. ‘Whalesime Decor (Dabur Pharma 125 INKCPAREKIC Joint Managing Director Padi Industries 125 LALITKHATTAN. CMD Radico Khaitan 125 RAIVUAIN Managing Director i 125 ‘CHARLES ANTONY Managing Director “ata Telesenices 124 NARAYAN B GAD Chie Executive Formulations Panacea Saree 124 RAJIVMALHOTRA Chie Executive - Projects Dur 124 RAIESHIAGGI Managing Director Perinsul land 124 PRAMABABU Managing Director AD Pay 124 ‘Guy HEScOTT ‘Vice Present Kale Consutanis 124 ‘AD REBELLO ‘Advisor - Housing DF 124 SUBASH MENON ‘cw a ceo. Subex Azure 123 PREMSCHAND GODHA Managing Director Ipca Laboratories 123 PRASAD RMENON Managing recor Tata Chemicals 122 POUPON YANNICK. ‘area Director Indian Hotels 122 UUDAY KOTAK secutive VC & MD Kotak Mahinda Bank 122 \VINEET AGARWAL Execute Director “Transport Corporation fndla 1.22 BKGUPTA Chairman Phosnie Lamps 122 SURESH GUPTA MD & CEO Paper Products 121 MHASHRAFF ‘Managing Director Tata Coffee 421 ‘ACHHABRA Executive Director & CS Procter & Gamble Hygiene 421 ANSINGH [DM(Corporate Sores) Tata Stel 321 BHASKARGHAT Managing Director Tian Isis 421 PRAKASHIVER Managing Director Infomedia 1.20 MUKHERJEE President Cosmo Filns 120 DECEMBER 2007 The pharma sector has the highest number of crorepati executives at 50. It is closely followed by 44 in the IT and 41 in the construction sectorit eT ETEcL) Name ianrom ecutive Drecor Sparco Teleystems TuisiRTaNTT amo Sialon Ener “ARUNANAND- secutive Director Federal Mogul Goce MRRAJARANT Whoesime Orector ict 119 PPRAJENDRAN OO & Wale ime Director NT 113 vino cars ecutive Drector- Marketing pa Industries 139 SATISHSETH Vie Chatman Relance Eneay 113 AJESWARY RAMAKRISHNAN Managing Decor Jeypore Sugar 113 HOMIKHUSROKHAN ‘cule Deector Tata Chercab 118 [ANILSUREKA Executive Dretor- Finance Isat dusts | 119 BKGOENKA vea MD ‘Wielspun 118 SHUKLA PRAKASH Senior VP Indan Hot 18 PANDA Executive Cimon IMAL 8 VRMOHAN REDDY cm Infotech Enters a7 PRAVIN AGARWAL Whalecime Decor Mads Alumina 47 JINENDRA MUNOT Joint Managing Decor 2F Seeing Gear 16 RANAKAPOOR Mpa. “es Bank 36 PV RUPPUSWAMY Joint Managing Director Bombay Dyeing 316 ALIVTALWAR Group Executive Director oF 16 KOSHAM harman Fullord 16 ‘HANDADKOCCHAR Deputy Managing Decor Ici Bank 116 AVNRAW Whalesime Ovector Nagauna Constucions 146 SONALPATEL ‘WID & coo Patel gineering 116 ‘VICCHHABRIA Deputy Managing Decor Frolex bles 146 BS SHANTHARAID Managing Direcor Gujrat Gs Co 116 HARDEVSINGH KORY ecutive Decor Relance Induses 145 SUDHIR MUNIAL Managing Director Muri Auta 145 SHANNA ecutive Deior Jubilant Organ 145 RSHAHANI VvcaMD Novaris 115 SACHOEVE MDa GO Greaves Coton 114 “ARUN GHANDAVARKAR oo Bacon 114 PRAPTE Managing Decor Syegenta 114 NINGANMOWANREDDY Managing recor fain aering| 114 The top execu- RaKeswaaMzal President = arketng Biocon a4 tives in 40 SHOBHANA BHARTIA VieeChapeson & For Drecor HT Meda a3 leading DRSWAR ecutive Drector Klos OF Engines 13 BAUAVANTPANDA Vie Charman MEAL 13 companies senararysc VP Finance & GEO Wore 33 have received | wuaveasuv VP & Had - Data Network Sasken Comm Techno 43 Rs 12,000 __ tivavrkawonia vee MD Ste Instuture Finance 13 1AYESHKSHAM Drector & 0 ‘oving Mi 43 crore worth = courr Dect Reseach & Dxphont) Tent Pharma ua of equity ‘TSRINIVASARAGHAVAN Managing Decor Surram finance ana shares at SANJEEV IKHACHANDANI Mp aco Info Edge a2 ; MEIER vea MD hint cher, a2 market prices SqMirtaL AGO Cosmo films 41a under the JALHIREMATH wea MD Hal an employee KCMEHRA Deputy chairman & MO Forbes Golak 42 stock MAREKOZIK Managing Director Merck a2 SHRIKUMAR SURYANARAYANAN President = R&D Bacon un option INSAISANKAR France recor & Sertary {st Indusas a scheme till RMGARDVM RAO Managing Decor KP Sugar a March 2006 ADTAAL Joint Managing Diecor Rta leia at MTHIMMARATA Joint Managing Director ‘eda Sugars a BHASKERVIVER Managing recor asvazeneca +t ‘Busines Standard © DECEMBER 2007ee SUBHASHGHAT ry Maka Ars [MNARENDRANATH Joint Managing Director ‘Andhva Sugars 1.40 PRASHANT PANDAY by ceo Entertainment Network 1.40 PNARENDRANATH CHOWDHARY Joint Managing Director ‘Andhva Sugars 1.40 (MURU KRISHNAN KN Present-inance Bicon 1.40 SSANGEETHA ‘Whalesime Director Shanthi Ges 1.40 ‘ATULPANDE Managing Director CCholamandalam DBS Finance 1.10 SUDARSAN VARADARAI Managing Director Eivead (si) 1.40 RRMANDAWEWALA Joint Managing Director Welpun 1.40 AWADHESHN SINHA MD & CEO Essar il 1.40 ‘ASHISH BHARAT RAM Managing Director SRF 1.40 KIRAN MAZUMDAR SHAW. oD Biocon 1.40 VIVEKSETT ro Tata Telesanices 1.40 ‘JSBILIMORIA Executive Chairman Ca Specalty Chemicals 1.08 SAHA ‘Whole-ime Drecor Eveready Industries 1.03 MMENON Managing Director ‘Thomas Cook 1.08 ‘ASONI Managing Decor Votias 1.09 GKCHAKRABORTY Director (Finance) CGloxosmith CHL 1.08 DKOSWAL MD Shreyas Industries 1.08 ‘ASRAMCHANDER Wholesime Decor Castl nda 108 RANIVSINHA Deputy Managing Director [DCM Shriram Consolidated 1.08 PACHUTARAMAYYA Execute Director ‘ode Sugars 108 PRAVEEN KUMAR ‘Advisor and & Estate ng 1.08 ‘ARUNMAMMEN Managing Director Va 1.08 ANJUMUNIAL Whalesime Drector Manyal Auto 108 ‘ABHISHEK KHATTAN, Managing Director Rasico Khatian 1.08 ‘ASHOK BHATIA Sales Director Systems Int 1.08 ‘AKRISHNAMOORTHY wD Bieta Bearing 1.07 ‘ABPAREKH Wholesime Drector Pedi Industries 1.07 \VVAIDYANATHAN. Executive Director la Bank 1.07 ‘ALOK CHANDRA MISRA Group CFO Mphass BFL 1.07 ‘ASJOWAR Wholesime Dacor Unitaen 107 ‘AUAY CHANDRA Managing Director Uniteen 1.07 SANJAY CHANDRA Managing Director Unitech 1.07 HARILMUNDRA Deputy Managing director Essar 1.07 SKBAJORIA Managing Director IFGL Refacores 1.07 \VCNANNAPANENI cD Nateo Pharma 11.06 (MAHENDRA AGARWAL Managing Director Gat 1.06 IRSAPRE. ‘Whalesime Decor Kiloslar Brothers 1.06 SETANDALE Execute Director Barat Forge 1.06 RASHESHBHANSALL VC&MD Golaiam International 1.06 WAY MOHAN CMD. Pricol 1.06 KANUBHAIS PATEL £0 &MO ‘oltamp Tansformers 1.05 PDWARAKANATH Director Cloxosmih CH 1.05 RAJASRDOSH OD Indian Hume Pipe 1.05 SBGANGULY Ex Chairman & CEO Eide Industries 1.05 BHUPATRA|GGANDHT Joint Managing Drector (Gandhi Special bes 1.04 ‘MANHARG GANDHI Managing Decor (Gandhi Special Tibes 1.04 GHRISH PARANUPE Presdent- Finance Solutions Wir 1.04 {JOY CHAKRABORTHY Execute Vice President Zee Entertainment 1.08 RAJESH GUPTA Director- Finance Haves india 104 ‘VISHAMBHAR SARAN Chairman & Wholetie Diecior Vis Steal 04 PKMAHESHWARL Execute Director Brarat Forge 1.04 RATAN KUMAR SHAH (C00-Aluminum & Power Hindalco 1.03 BNsINGH Jot Managing Director SW Stel 103 DECEMBER 2007naire Club Name BKMISHRA (0 & Breautve Decor ‘Welspun Gujrat Stahl Robe ‘ALOKBSHRIRAM DMD [DCM Sham Indus ‘AUAY KHANNA Executive Director. Retail DEE DINESHPATEL ‘Charman Sintox Industries ‘CHANDRASEKARANN Execute VP 1s PBAIORIA Director & Chel Executive Off IFGL Refacoves ‘ARUN PATEL Vice Chairman Sinex Industries ‘AMITPATEL Managing Director Sintex Industries ‘ANTS SHRIRAN Director DCM Snrizam Consolidated SWASHIKANT PATEL om Petco Pharma RAMULPATEL Managing Director RRDESHPANDE Execute Director FELIPE OSORIO Managing Director ‘ADESH GUPTA Wholerime Director ‘GAUTAMVIR MO a CEO ‘GOELANILP 0 Insian Hotels PKMUKHERIEE Managing Director Sess Goa SRAMAKRISHNAN Executwe Director Tota Power SURESH VASWANL Present Wipro HENRY Mc IVOR. coo. {olebrity Fashions BARRY MARSHALL Head Risk Management Hindalco RAJENDRA SINGH PAWAR. (Charman & fxecutve Director Ill Techologies [MAHAUNGAM SETURAMAN 0 1s RVKANORIA mo Kenoia Ch kKMmoo! President Godtrey BGOPALAN Chef Scenic Officer ‘Matix Laboratories ‘ATULPUNS haiman nj Loyd Busnes Sandard « DECEMBER 2007