Ad Here  
Celebrating 180 years of relevance Steel loses its sheen AirAsia India infuses funds to fight out competition Big-ticket investments march towards Punjab Flexible labour laws… Indian Bank – global businesses crosses Rs 3 lakh crore... TN budget pragmatic and moderate on fiscal deficit Secured NCDs from Shriram City ISRO's 100th mission Veritas Finance- financing the unfinanced Waste, a gold mine Dynamic e-commerce scenario Hyundai excites again Industry-well poised to invest on expansion Realising double digit growth in Tamil Nadu Business Breif Nothing to hide... Striking cords for 25 years… - Climate change may change the way businesses work... Brand leaders come forward... Automotive Vision Plan II... Need to focus on ease of doing business... Smart controls for cooling large multi-zone spaces ... Research needs more funding Indigo stays leader with 40 per cent share Three more leather clusters… Rating of states to be released soon Celebration time at MS Chola Holiday Inn opens in OMR Chennai Bridging the skill deficit in pharma industry Airlines wage price war TVS Logistics – another acquisition to sharpen the business model Downsizing spree... Connecting the unconnected Backpack laboratory Sun Edison launches solar pumps Tata Steel commence operations at Kalinganagar IFCI to raise NCDs upto Rs 2000 crore ALL-two launches in a row Scoot offers just Rs.13,500 to ANZ... World labour laws at a glance Towards peace of mind Murugappa- a year of consolidation Economic issues take a back seat at G20 summit ALL to launch electric busses Applauding enterprise... OBO Bettermann for better lightning protection Gem of social service... TII’s single largest investment at Thiruthani Schwing Stetter India joins hands with US-based Gomaco Economic, business and social sustainability STFC raises money Nigeria comes nearer Business Briefs Four daughters and a proud father Chola MS net crosses 100 crores TII-challenging year with flat growth WABCO’s second Chennai plant TiE applauds innovative entrepreneurs Purdue and IIT-M sign the dotted line Chennai to get a roundabout Metro Inclusive and forward moving... An aerospace-defence cluster in Tamil Nadu… Strategy war escalates between Hero and Honda Placing the right shoe forward... Apple maps – finding its way LVB gears to become a financial supermarket Realty sector takes a break... ECGC expands operations Curbing steel imports will hurt small business... The new look- 4s Verna More gensets and diesel engines from TAFE Adding Zest to Scooty Techies trip to India A global plastic event in India Housing Innovation Challenge, 2015 On the ‘milky’ way Auto test tracks launched at GARC Oragadam campus People Flow Day- Safety TOP 10 CEO Compensation Time to fast-pace the logistics sector Investor friendly Japan Chennai will soon get its World Trade Centre An American alliance in the chemical industry? When Centre visits the state Durga - India’s largest blast furnace; now operational Focus on self-certification and third party inspection CUB: towards card-less withdrawal SumInfra- corridor based development... Illicit markets a concern to growing economy Innovation that helped Chennai port TCS’ revenues cross Rs 100,000 crore Blue Star plans a new plant in south Carrefour’s quick exit Chola MS launches motor app Make way for the new and dynamic railways Chennai Port is at last decongested! Reality bytes Changing dynamics in human resource management Is Indian telecom industry heading for a monopoly? Hero Motocorp - smooth ride Well-refined – RIL’s refinery margins zoom European crisis is a global crisis! Pharma market dozes ALL – truck industry is recovering from degrowth Ridley marathon to India BRICS development bank Digital retail transactions stabilise at higher level… Creating Tamil Nadu Banana brand
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.
1 2
Author :
Reported On :
Sector :
IE, the business magazine from south was launched in 1968 and pioneered business journalism in south. Through the 45 years IE has been focusing on well-presented and well-researched articles. When giants in the industry stumbled to keep pace with the digital revolution, IE stayed affixed embracing technology.
Read more
Economist Communications Ltd is committed to ensuring that your privacy is protected.
Read more
You agree that your use of this Website and the purchase of the magazine will be governed by these terms and conditions.
Read more
S-15, Industrial Estate,
Chennai - 600 032.
PHONE: +91 44 22501236