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