NEWS
No salary hike for Mukesh Ambani this year!
  • Story Crux Team
  • NEWS

Reliance Industries’ chairman and managing director Mukesh Ambani kept his annual salary capped at Rs. 15 crore for the ninth year in a row and did not even take stock options that were given to other board directors. Despite not being the highest paid CEO in India, he has topped the Forbes list of India’s richest persons for 10 successive years. Read on to know who the other highest paid CEOs in India are…

AM Naik (L&T, Rs. 66.14 crore)

Image: Scoopnest.com

Naik ranks first on the list of the highest paid CEOs in India. He takes home a whopping Rs. 66.14 crore as his salary per month! He joined as a junior engineer at L&T in 1965 and worked his way up to the chair of CEO over the years. Naik is also the chairman of IIM-Ahmedabad.

Vishal Sikka (Infosys, Rs. 48.73 crore)

Image: OfficeChai

Sikka’s basic salary is Rs. 5.96 crore, which amounts to Rs. 48.73 crore inclusive of variable pay (Rs. 14 crore) and bonuses.

Chandrasekaran (TCS, Rs. 25.6 crore)

Image: The Better India

Chandra started his career with TCS in 1987 and slowly worked his way up the corporate ladder to become the IT giant’s CEO in 2009. His salary amounts to Rs. 25.6 crore.

Rahul Bajaj (Bajaj Group, Rs. 22.32 crore)

Image: Alchetron

Bajaj is one of the richest billionaires in the world with a net worth of $2.4 billion. He took over Bajaj Group in 1965 and is currently its top-most executive with a salary of Rs. 22.32 crore.

Yogesh Chander Deveshwar (ITC Ltd., Rs. 15.15 crore)

Image: IB Times India

A Padma Bhushan awardee, Deveshwar has been the CEO and Chairman of Indian conglomerate ITC Ltd. since 1996. He was also listed as the Best Performing CEO in India by Harvard Business Review.

Bajaj Business CEO Infosys ITC Reliance Salary TCS