From ISRO to IT, India loves ‘Chandra’
Tech Mahindra boss pointed out that if one wants to be in IT in India, one’s name should be Chandra.
In fact, a couple of years ago, Tech Mahindra CEO CP Gurnani even pointed out that there was a saying in NASSCOM — that if one wants to be something in IT in India, one’s name should ideally be Chandra. He went on to list the many Chandras of IT at that point: N Chandrasekaran (former TCS CEO and current Tata Sons chairman), R Chandrashekhar (former president of NASSCOM) and himself , Chander Prakash Gurnani. There are many more, he had said. But the point was made at the time, and Chandras shine on.
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.
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