CEOs in India’s top privately owned businesses multiplied in the previous two years


The normal pay for the major recorded firms is around Rs 20 crore, as against the past Rs 10 crore.

BSE changes Factor records strategy

The Chief Executive Officers of India’s significant privately owned businesses gain twofold the compensation they did in 2013-2014, PTI gave an account of Sunday. The report depended on divulgences by 20 organizations recorded on the Bharat Stock Exchange Sensex for 2015-16. While the CEOs were gaining a normal of Rs 10 crore in 2013-2014, they now make around Rs 19 crore, the report said. The figure incorporates the salary and all additional items, including commissions, stocks and stipends.

The most generously compensated among these organizations were AM Naik, of Larsen and Toubro, who procures Rs 66 crore, Vishal Sikka of Infosys at Rs 48.73 crore, and Desh Bandhu Gupta of Lupin at Rs 44.8 crore. The CEOs of open area banks make a great deal less, be that as it may. The top worker among them is Arundhati Bhattacharya, the director of the State Bank of India, who has compensation of Rs 31.1 lakh. The normal pay for CEOs at open division firms is Rs 25 lakh to Rs 30 lakh.

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