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Economic issues take a back seat at G20 summit On the ‘milky’ way Business Briefs Time to fast-pace the logistics sector Reality bytes Bridging the skill deficit in pharma industry Big-ticket investments march towards Punjab Durga - India’s largest blast furnace; now operational Brand leaders come forward... Focus on self-certification and third party inspection Industry-well poised to invest on expansion Research needs more funding STFC raises money Holiday Inn opens in OMR Chennai World labour laws at a glance Economic, business and social sustainability Tata Steel commence operations at Kalinganagar Airlines wage price war People Flow Day- Safety Creating Tamil Nadu Banana brand An aerospace-defence cluster in Tamil Nadu… Business Breif Automotive Vision Plan II... TiE applauds innovative entrepreneurs Climate change may change the way businesses work... When Centre visits the state AirAsia India infuses funds to fight out competition Steel loses its sheen TN budget pragmatic and moderate on fiscal deficit Striking cords for 25 years… TII’s single largest investment at Thiruthani Downsizing spree... Rating of states to be released soon Need to focus on ease of doing business... SumInfra- corridor based development... Schwing Stetter India joins hands with US-based Gomaco Dynamic e-commerce scenario Hero Motocorp - smooth ride - Chola MS net crosses 100 crores Indigo stays leader with 40 per cent share Nigeria comes nearer Inclusive and forward moving... Ridley marathon to India Changing dynamics in human resource management Three more leather clusters… Murugappa- a year of consolidation Nothing to hide... Gem of social service... ISRO's 100th mission Innovation that helped Chennai port BRICS development bank Flexible labour laws… Auto test tracks launched at GARC Oragadam campus ECGC expands operations Digital retail transactions stabilise at higher level… Make way for the new and dynamic railways European crisis is a global crisis! Blue Star plans a new plant in south Apple maps – finding its way Techies trip to India Celebration time at MS Chola Adding Zest to Scooty TOP 10 CEO Compensation Curbing steel imports will hurt small business... Waste, a gold mine Realising double digit growth in Tamil Nadu TCS’ revenues cross Rs 100,000 crore Pharma market dozes Chennai to get a roundabout Metro Carrefour’s quick exit Connecting the unconnected CUB: towards card-less withdrawal ALL to launch electric busses Chola MS launches motor app Housing Innovation Challenge, 2015 Towards peace of mind Sun Edison launches solar pumps LVB gears to become a financial supermarket Chennai Port is at last decongested! Hyundai excites again More gensets and diesel engines from TAFE An American alliance in the chemical industry? Celebrating 180 years of relevance OBO Bettermann for better lightning protection Strategy war escalates between Hero and Honda ALL-two launches in a row IFCI to raise NCDs upto Rs 2000 crore Smart controls for cooling large multi-zone spaces ... Veritas Finance- financing the unfinanced Four daughters and a proud father Illicit markets a concern to growing economy ALL – truck industry is recovering from degrowth Secured NCDs from Shriram City TVS Logistics – another acquisition to sharpen the business model Placing the right shoe forward... Indian Bank – global businesses crosses Rs 3 lakh crore... Realty sector takes a break... Applauding enterprise... The new look- 4s Verna A global plastic event in India Purdue and IIT-M sign the dotted line Investor friendly Japan Chennai will soon get its World Trade Centre Scoot offers just Rs.13,500 to ANZ... TII-challenging year with flat growth WABCO’s second Chennai plant Well-refined – RIL’s refinery margins zoom Is Indian telecom industry heading for a monopoly? Backpack laboratory
 
TOP 10 CEO Compensation
How much money is enough money? What do people do with tons of money? Should corporate CEOs get the kind of compensation package that they in fact get?
THESE ARE CONTROVERSIAL questions. While there is no denying that in a market economy every man should earn what he can by means that are right and legal, there is the larger issue of comparing that with men who are equally talented but not fortunate enough. There is also the point that too much of disparity between the CEO and the Janitor can over time lead to social turbulence.
 Here’s a look at the compensation of some of our hotshot CEOs.

His name is Jindal, Naveen Jindal. The chairman and managing director of Jindal Steel and Power Limited, who in recent times was in news over a reverse sting, reportedly draws Rs 6.12 crore a month. That’s about Rs 73 crore per annum . For sure, it’s aggressive even if he is leading the charts, second time running.

Kalanithi Maran: Executive Chairman Sun TV Network and Kaveri Maran, Executive Director at Sun TV network. With a pay check of 57.01 crore each per annum the Marans came second in the sweep stake. Unbelievable is the fact that this despite a fall of 11.5 per cent in their earnings. But remember the duo have built the media empire from scratch.

Pawan Munjal, MD and CEO of Hero MotoCorp Limited, was instrumental in bringing about technological and managerial excellence in the company’s operations. An avid golfer, Pawan Munjal took home Rs 34.47 crore last year. His latest mission is to steer the company ahead after parting ways with Honda.

Padma Bhushan B M Munjal co-founded Hero Cycles. By 1975 it had become India’s largest bicycle manufacturer and by 1986 had become the world’s top producer of bicycles. In 1984 Munjal started Hero Honda to produce motorcycles and by June 2012 the Hero Group reported record sales of over half a million units per month sold. For his efforts he draws Rs 34.44 crore annually. That’s no small change for sure.

P R Ramasubrahmaneya Rajha, CMD, Madras Cements Limited and the grand old captain of south Tamil Nadu industry, attributes his success to God’s grace, state-of-the-art technology, excellent relations with employees and the experience he gained in the two British companies at the start of his career. He raked home an impressive Rs 29.34 crore.
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