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Here's how much the top bosses of major Indian companies are earning
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Here's how much the top bosses of major Indian companies are earning
Jun 14, 2019 3:27 AM

Here's how much the top bosses of major Indian companies are earning

SUMMARY

Top Indian companies have declared the annual pay packages of their CEOs. Here's a list of the top bosses of major Indian companies with their incomes, as released in the firms' annual reports and exchange filings.

By CNBC-TV18Aug 9, 2019 12:50:51 PM IST (Updated)

Rajesh Gopinathan, Tata Consultancy Services CEO, took home a pay package of over Rs 16 crore in FY19, an increase of almost 28 percent compared to the previous fiscal. Gopinathan's compensation included Rs 1.15 crore in salary, Rs 1.26 crore in perquisites, Rs 13 crore in commission and over Rs 60 lakh in other allowances.

Salil Parekh, Infosys CEO, took home a pay package of Rs 24.67 crore in FY19. He received Rs 6.07 crore in fixed salary, Rs 10.96 crore in bonus, incentives and variable pay and Rs 7.64 crore in perquisites on account of exercise of 1,03,604 restricted stock units (RSUs) during the FY.

In a regulatory filing, Wipro said Abidali Neemuchwala’s salary jumped nearly 41 percent to $3.95 million (approx Rs 27 crore) in FY19, with variable pay forming a large chunk as it is paid to him annually.

The newly-appointed CEO and MD of Yes Bank, Ravneet Gill, will get a salary of Rs 6 crore per year, apart from perquisites and employee stock options worth Rs 67.50 lakh. Gill was officially appointed on January 24, 2019, replacing founder Rana Kapoor. (stock image)

ITC Chairman & MD Sanjiv Puri's package has gone up by over 51 percent to Rs 6.16 crore in 2018-19. Puri had a takehome salary of Rs 4.06 crore in FY 2017-18.

Asian Paints MD KBS Anand took home a total remuneration of Rs 11.8 crore in FY19. His salary nearly doubled from Rs 6.1 crore in five years.

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