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