Football, book launch and a convocation: Mukesh & Nita Ambani had a busy weekend

The power-couple stepped out in Mumbai, on Sunday, for a book launch.

PTI
Nita Ambani opted for an ivory-gold ensemble, and Mukesh Ambani looked sharp in a tailored suit.
NEW DELHI: From book launches to convocations and football gatherings, the Ambanis had an eventful weekend.

On Sunday, the Reliance Industries chairman Mukesh Ambani and his wife Nita added glamour to the launch of celebrated surgeon-turned-author Vijay Haribhakti's new book 'A Journey Forever'.

​Mukesh Ambani (R) and wife Nita (second left) at the book launch of Dr Vijay Haribhakti's (left) 'A Journey Forever'.
Mukesh Ambani (right) and wife Nita (second left) at the book launch of Dr Vijay Haribhakti's (left) 'A Journey Forever'.


While the Reliance Foundation chairperson looked gorgeous in an ivory-gold ensemble, paired with pearl and emerald jewellery, the business magnate looked sharp in a tailored suit and a crisp white shirt.

The power-couple admired the author's writing skills. Haribhakti had originally written the book in 1979 while doing his medical internship in rural Maharashtra as a 21-year-old young man.

Earlier on Friday, football kept the 55-year-old Mrs Ambani busy. The Football Sports Development Limited (FSDL) chairperson met with Indian Super League club owners - John Abraham, Abhishek Bachchan and Ranbir Kapoor - and All India Football Federation chief Praful Patel to discuss two key initiatives in Mumbai.

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​FSDL Chairperson Nita Ambani (second left) flanked by ISL club owners - John Abraham (right), Abhishek Bachchan (second left) and Ranbir Kapoor (left), and AIFF chief Praful Patel (C)​ in a group photo at their meeting in Mumbai.
FSDL Chairperson Nita Ambani (second left) flanked by ISL club owners - John Abraham (right), Abhishek Bachchan (second left) and Ranbir Kapoor (left), and AIFF chief Praful Patel (C) in a group photo at their meeting in Mumbai.

The sports enthusiast, dressed in a peach top and white trousers, announced that FSDL will kick off a four-team Under-17 women's tournament and organise children's leagues starting 2019-20 season.

The same day, the 62-year-old business tycoon was busy inspiring the younger generation in Gujarat. On Friday, during the convocation ceremony at the Pandit Deendayal Petroleum University in Gandhinagar, the RIL Chairman, wearing a purple -and-gold convocation robe, urged students to dream big and never lower the barrier of ambitions.

Mukesh Ambani & Amit Shah (second in right bottom pic) was seen wearing a purple-gold graduation robe on his suit.
Mukesh Ambani & Amit Shah (second in right bottom pic) was seen wearing a purple-gold graduation robe on his suit.

According to a news agency, Ambani said, "Never lower the barrier of your ambitions. Never be hesitant to dream big. Ever be hopeful that India of tomorrow will create ample opportunities to fulfil your ambitions and dreams".

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During his speech, he also hailed Union Home Minister Amit Shah, who was the chief guest at the ceremony, as a 'karmyogi'. He also backed the Narendra Modi government's ambitious goal of making India a $5-trillion economy.

Mukesh Ambani's Rs 15 Cr Salary Isn't As Interesting: These Top Bosses Earn More Than Him
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Mukesh Ambani
Chairman and MD, RIL
Pay package: Rs 15 crore

When your net worth is approximately $50 billion, a no pay hike isn’t a major cause for concern. In fact, at that level, an annual salary figure of Rs 15 crore itself could feel like pocket change — even though this compensation includes salary and allowances, perquisites, retiral benefits and commission.

“Compensation of Shri Mukesh D. Ambani, chairman and managing director, has been set at Rs 15 crore, reflecting his desire to continue to set a personal example for moderation in managerial compensation levels,” says RIL’s annual report for 2018-19.

Reliance promoters also received a dividend of Rs 1,778 crore (approx).

Here are some top ranking C-suite members (within the non-promoter group), and are still higher on the salary front in FY19.

Mukesh Ambani Chairman and MD, RIL Pay package: Rs 15 crore When your net worth is approximately $50 billion, a no pay hike isn’t a major cause for concern. In fact, at that level, an annual s..
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SN Subrahmanyan
MD of Larsen & Toubro
Pay package: Rs 48.45 crore (FY19)

SNS or SN, as he is popularly known in industry circles, took over the reins of the company in July 2017. With a degree in civil engineering and post-graduation in business management, SNS commenced his professional journey with L&T in 1984 as a project planning engineer.
SN Subrahmanyan MD of Larsen & Toubro Pay package: Rs 48.45 crore (FY19) SNS or SN, as he is popularly known in industry circles, took over the reins of the company in July 2017. With a degree in ci..
Read More
R Shankar Raman
CFO of Larsen & Toubro
Pay package: Rs 25.08 crore (FY19)

He joined L&T Group in November 1994 to set up L&T Finance Limited, a wholly owned subsidiary. Shankar Raman is a qualified chartered accountant and a cost accountant, and has worked for leading listed corporates in varied capacities in the field of finance over the past 35 years.
R Shankar Raman CFO of Larsen & Toubro Pay package: Rs 25.08 crore (FY19) He joined L&T Group in November 1994 to set up L&T Finance Limited, a wholly owned subsidiary. Shankar Raman is a qualified ..
Read More
Hital Meswani
ED of RIL
Pay package: Rs 20.57 crore (FY19)

He is the son of Rasiklal Meswani, one of the founder directors of RIL. In an earlier interview, Mukesh Ambani had referred to ‘Rasikbhai’ as his first boss. Hital joined RIL in 1990 and was designated as the executive director, RIL, since August 4, 1995.
Hital Meswani ED of RIL Pay package: Rs 20.57 crore (FY19) He is the son of Rasiklal Meswani, one of the founder directors of RIL. In an earlier interview, Mukesh Ambani had referred to ‘Rasikbhai’ ..
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Nikhil Meswani
ED of RIL
Pay package: Rs 20.57 crore (FY19)

Hital’s brother Nikhil is also a key part of Mukesh Ambani’s core team. He joined Reliance in 1986, and since July 01, 1988, he has been a whole-time director, designated as executive director, on the board of the company. He is also involved in the affairs of Reliance-owned Indian Premier League cricket franchise Mumbai Indians and other sports initiatives of the company, as per his bio on the company website.
Nikhil Meswani ED of RIL Pay package: Rs 20.57 crore (FY19) Hital’s brother Nikhil is also a key part of Mukesh Ambani’s core team. He joined Reliance in 1986, and since July 01, 1988, he has been a..
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Salil Parekh
CEO of Infosys
Pay package: Rs 17.03 crore (FY19)

He is only the second non-promoter CEO of Infosys after Vishal Sikka, who occupied the position for three years. Parekh stepped into the corner office early last year. Before Infosys, Parekh was a member of the group executive board at Capgemini, where he held several leadership positions for 25 years.
Salil Parekh CEO of Infosys Pay package: Rs 17.03 crore (FY19) He is only the second non-promoter CEO of Infosys after Vishal Sikka, who occupied the position for three years. Parekh stepped into th..
Read More
Rajesh Gopinathan
CEO of Tata Consultancy Services
Pay package: Rs 16.03 crore (FY19)

Gopinathan had huge shoes to fill with former TCS CEO N Chandrasekaran being elevated to the role of Tata Sons chairman. He was elevated to the role of chief executive in February 2017 after serving as the Chief Financial Officer since 2013.

Now, check out the peers who rank lower than Ambani on the billionaire list, but have a better pay package than him.
Rajesh Gopinathan CEO of Tata Consultancy Services Pay package: Rs 16.03 crore (FY19) Gopinathan had huge shoes to fill with former TCS CEO N Chandrasekaran being elevated to the role of Tata Sons c..
Read More
Pawan Munjal
CMD of Hero MotoCorp
Pay package: Rs 80.41 crore (FY19)

Munjal’s professional commitments go beyond his role at Hero MotoCorp’s helm. He is also on the board of other companies like Hero FinCorp and Hero InvestCorp Private, and a director at the Indian School of Business. An avid golfer, Munjal had said in the past that golf is a great game that teaches a lot about integrity and strategy.
Pawan Munjal CMD of Hero MotoCorp Pay package: Rs 80.41 crore (FY19) Munjal’s professional commitments go beyond his role at Hero MotoCorp’s helm. He is also on the board of other companies like Her..
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Rajiv Bajaj
MD of Bajaj Auto
Pay package: Rs 32.31 crore (FY19)

Apart from the market, Bajaj knows how to strike moves on the yoga mat. In an earlier interview, Bajaj shared that he spends 5.5 hours a week on yoga, of which he dedicates a full hour and 45 minutes to the discipline on Sunday alone. "A posture without a sound position is a monkey on the mat. (Similarly) a brand without a sound position is a commodity in the market," he said at the time.
Rajiv Bajaj MD of Bajaj Auto Pay package: Rs 32.31 crore (FY19) Apart from the market, Bajaj knows how to strike moves on the yoga mat. In an earlier interview, Bajaj shared that he spends 5.5 hours..
Read More
Sunil Mittal
Chairman of Bharti Airtel
Pay package: Rs 31 crore (FY19)

According to reports, Mittal’s remuneration for FY 2018-19 “was Rs21.19 crore more than the ceiling of 11% of the company's net profit.” At the AGM held on August 14 in Delhi, shareholders voted in majority, approving a proposal for Mittal to retain the “excess” remuneration.
Sunil Mittal Chairman of Bharti Airtel Pay package: Rs 31 crore (FY19) According to reports, Mittal’s remuneration for FY 2018-19 “was Rs21.19 crore more than the ceiling of 11% of the company's net..
Read More

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