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