That India is facing a slowdown is not something any one can dispute. But despite the slowdown, there is one class of people who still have hefty pay packages. The top ranking executives still carry home quite a moolah.
The salaries & commissions of India's highest paid executives. Mr. Naveen Jinda, CMD. Jindal Steel & Power tops the list with a salary of nearly Rs. 734 m, followed by Mr. and Mrs. Maran from Sun TV with a total salary of Rs 114 Crore(Rs 57.01 crore each).
The Munjals (Pawan, MD & CEO and Brijmohan Lall, Chairman) of Hero Motocorp raked in the highest combined figure (Salaries & Commissions) of about Rs 1.3 bn.
The reason we chose to highlight this is to allow readers to compare if the pay of the executives are commensurate with their performance as chief of the corporations they are heading. Since most of the executives are the promoters of the companies that they are heading, should minority shareholders have a say in the compensation they reward themselves with?
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