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