Top Crorepati CEOs of India

By SiliconIndia   |   Thursday, 02 February 2012, 12:21 Hrs   |    4 Comments
Printer Print Email Email


Bangalore: These successful CEOs are the head of some of the India’s top companies and earns in crore in a year. Altogether these CEOs earned 2,500 crore a year, which accounts as 1.53 percent of the net profit earned by their companies in 2011, states B.G. Shirshat and Ashok Divase of Business Standard. These CEOs’ remuneration consists of 9 percent of perquisites, 11 percent as performance bonus and others, 39 percent of annual compensation of salary and 41 percent via commission or share in profit. Naveen Jindal, the CEO of Jindal Steel and Power, retains the top position by pursuing the highest remuneration, like 2010, while Kalanithi Maran of Sun TV makes his place to the second position. Mukesh Ambani, the Chairman of Reliance Industries, ranks 15th position. His compensation is the same for last three years, i.e. 15 crore. As per Business Standard, the top earning CEOs of India are as follows:



1. Navin Jindal: Born on 9th March, 1970, Jindal is the CEO, Executive Vice Chaiman and Managing Director of Jindal Steel and Power Limited. He is also a politician and Member of Parliament from the Kurukshetra Lok Sabha constituency of Haryana. Naveen did his graduation at Delhi, and further pursued MBA in University of Texas at Dellas. Earlier this year, in a study conducted by INSEAD, Jindal is ranked as the top performing CEO of India. He is highly ambitious and passionate about his work and says, “We have no aspirations to be number one. It’s more important to be profitable and efficient than big”.



In 2010, his income was 69.76 crore which made him the top earning CEO of India. This year, his annual remuneration fall to 67.21 crore but still he retains his top position.



next new
SPOTLIGHT
GST rate cut to spur Bengaluru
The realty market in India's tech hub is set to grow as lower Goods and Services Tax (GST) rate..
Fossil Group sells smartwatch
Global watch and accessories maker Fossil Group has announced to sell its smartphone technolog..
Ola raises Rs 400 cr for electric
Leading ride-hailing cab aggregator Ola on Friday said it raised Rs 400 crore from its early in..
SpiceJet plans aggressive
Budget passenger carrier SpiceJet plans to aggressively expand its international networks to fl..