High Paid CEO Tables.

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India’s Highest-paid CEOs INDIA’S

MOST
RANK VALUE CEO COMPANY DESIGNATION COMPEN- ‘VALUE’ABLE
RANK SATION # CEOS
1 63 Kalanithi Maran Sun TV Network Chairman & MD 37.08
2 56 Pawan Munjal Hero Honda Motors MD & CEO 30.88
3 52 Anil Ambani Reliance Communications Chairman 30.03
4 65 Pankaj R. Patel Cadila Healthcare Chairman & MD 28.60
5 64 P.R.R. Rajha Madras Cements Chairman & MD 27.91
6 55 Y.K. Hamied Cipla Chairman & MD 25.91
7 47 Sunil Bharti Mittal Bharti Airtel Chairman & MD 23.49
8 37 Vivek Jain Gujarat Fluorochemicals MD 18.18
9 51 E. Sunil Reddy IVRCL Infrastructures & Projects Vice chairman 18.18
10 49 N. Srinivasan India Cements VC & MD 15.94
11 46 A.M. Naik Larsen & Toubro Chairman & MD 15.30
12 43 Mukesh D. Ambani Reliance Industries Chairman & MD 15.00 Mukesh Ambani, the
13 54 Sajjan Jindal JSW Steel VC & MD 14.25 richest Indian, has over
14 50 Kumar Mangalam Birla Grasim Industries Chairman 14.00 the past two years cut
15 62 Murali K. Divi Divis Laboratories Chairman & MD 13.47
Hemant Kanoria Chairman & MD
his pay package even as
16 38 SREI Infrastructure Finance 12.26
17 36 Reji Abraham Aban Offshore MD 9.79
Reliance Industries itself
18 21 Jignesh Shah Financial Technologies (India) Chairman & CEO 9.73 has done better; he
19 61 Yadupati Singhania JK Cement MD & CEO 9.64 brought his salary down
20 60 Vinita Singhania JK Lakshmi Cement MD 8.80 from over Rs 44 crore in
21 50 Ashok Chaturvedi Uflex Chairman & MD 8.65
2008 by almost two-
22 58 H.M. Bangur Shree Cement MD 8.04
23 59 Samir Mehta Torrent Pharmaceuticals MD 7.83
thirds to Rs 15 crore.
24 52 Raymond N. Bickson Indian Hotels Company MD 7.66 But Kalanithi Maran
25 35 Kamal K. Singh Rolta India Chairman & MD 7.65 of Sun TV has raised
26 41 Y.C. Deveshwar ITC Chairman 7.35 his compensation to
27 43 G. Bala Reddy ICSA (India) Chairman & MD 7.13 Rs 37 crore from
28 53 Naveen Jindal Jindal Steel & Power Exec. VC 7.07
29 54 Ajay Piramal Piramal Healthcare Chairman 6.87
Rs 32.41 crore last year
30 57 Premchand Godha Ipca Laboratories MD 6.83
31 36 Azim H. Premji Wipro Chairman 6.81
32 51 S.P. Oswal Vardhman Textiles Chairman & MD 6.57
33 45 G.V. Prasad Dr. Reddy’s Laboratories VC & CEO 6.45
34 42 S. Misra Ultratech Cement Exec. VC 6.43
35 44 Kamal K. Sharma Lupin MD 6.40
36 40 Ajit Gulabchand HCC Chairman & MD 6.12
37 26 Sanjeev Aga Idea Cellular MD 6.10 Large company
38 55 Ravi Jhunjhunwala HEG Chairman 5.98
Mid-sized company
39 56 Bharat K. Sheth Great Eastern Shipping Vice Chairman 5.73
40 32 Bharat Hari Singhania JK Tyre & Industries VC & MD 5.68 Small company
For methodology see page 61 # Annual compensation in Rs crore Source: Company annual reports