Photographs: Rupak De Chowdhuri/Reuters
Despite the slowdown in the economy, Indian CEOs compensation is still on a rise. Majority of the companies have seen directors’ and CEOs’ pay hike in financial year 2013 compared to a year earlier.
Mukesh Ambani is the only CEO who’s compensation has remained the same.
The CEO who has the highest compensation in the country, took home a total of Rs 56.25 crore. Want to know who it is? Read on to know the person.
Click NEXT to see the annual compensation of CEOs.
India's highest paid CEOs
Image: N Srinivasan of India Cements.Photographs: Charlie Crowhurst/Getty Images
N Srinivasan
Rank: 30
Annual Compensation in FY2012- 13: Rs 13.37 crore
Annual Compensation in FY2011- 12: Rs 14.86 crore
N Srinivasan is the vice-chairman and managing director of India Cements.
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India's highest paid CEOs
Image: Cipla chairman Y K Hamied.Photographs: Vivek Prakash/Reuters
Y K Hamied
Rank: 29
Annual Compensation in FY2012- 13: Rs 13.55 crore
Annual Compensation in FY2011- 12: Rs 6.65 crore
Y K Hamied is the chairman (Non- Executive) of Cipla.
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India's highest paid CEOs
Image: M B Parekh.Photographs: Courtesy, Pidilite Industries
M B Parekh
Rank: 28
Annual Compensation in FY2012- 13: Rs 13.62 crore
Annual Compensation in FY2011- 12: Rs 10.41 crore
M B Parekh was the chairman and managing director of Pidilite Industries.
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India's highest paid CEOs
Image: N V Ramana.Photographs: Courtesy, Divis Laboratories
N V Ramana
Rank: 27
Annual Compensation in FY2012- 13: Rs 13.71 crore
Annual Compensation in FY2011- 12: Rs 11.89 crore
N V Ramana is the executive director of Divis Laboratories.
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India's highest paid CEOs
Image: Braja K Mishra.Photographs: Courtesy, Welspun Corp
Braja K Mishra
Rank: 26
Annual Compensation in FY2012- 13: Rs 13.80 crore
Annual Compensation in FY2011- 12: NA
Braja K Mishra is the managing director of Welspun Corp.
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India's highest paid CEOs
Image: Ramachandra N Galla.Photographs: Courtesy, Amara Raja Batteries
Ramachandra N Galla
Rank: 25
Annual Compensation in FY2012- 13: Rs 14.09 crore
Annual Compensation in FY2011- 12: Rs 10.40 crore
Ramachandra N Galla is the chairman of Amara Raja Batteries.
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India's highest paid CEOs
Image: K Venkataramanan.Photographs: Courtesy, Larsen & Toubro.
K Venkataramanan
Rank: 24
Annual Compensation in FY2012- 13: Rs 14.28 crore
Annual Compensation in FY2011- 12: Rs 1.59 crore
Navin Agarwal managing director and CEO of Larsen & Toubro.
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India's highest paid CEOs
Image: Navin Agarwal.Photographs: Courtesy, Sesa Sterlite
Navin Agarwal
Rank: 23
Annual Compensation in FY2012- 13: Rs 14.88 crore
Annual Compensation in FY2011- 12: Rs 12.51 crore
Navin Agarwal is the executive vice chairman of Sesa Sterlite.
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India's highest paid CEOs
Image: Mukesh AmbaniPhotographs: Reuters
Mukesh Ambani
Rank: 22
Annual Compensation in FY2012- 13: Rs 15 crore
Annual Compensation in FY2011- 12: Rs 15 crore
Mukesh Ambani is the chairman and managing director of Reliance Industries.
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India's highest paid CEOs
Image: Managing Director of Bajaj Auto Rajiv Bajaj speaks during a news conference in New Delhi.Photographs: Tanushree Punwani/Reuters
Rajiv Bajaj
Rank: 21
Annual Compensation in FY2012- 13: Rs 15.27 crore
Annual Compensation in FY2011- 12: Rs 10.17 crore
Rajiv Bajaj is the managing director of Bajaj Auto.
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India's highest paid CEOs
Image: Prathap C Reddy.Photographs: Asian Business Leadership Forum/Creative Commons
Prathap C Reddy
Rank: 20
Annual Compensation in FY2012- 13: Rs 15.63 crore
Annual Compensation in FY2011- 12: Rs 17.16 crore
Prathap C Reddy is executive chairman of Apollo Hospitals Enterprises.
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India's highest paid CEOs
Image: Markand Bhatt.Photographs: Courtesy, Torrent Power
Markand Bhatt
Rank: 19
Annual Compensation in FY2012- 13: Rs 15.67 crore
Annual Compensation in FY2011- 12: Rs 12.54 crore
Markand Bhatt is the Wholetime director at Torrent Power.
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India's highest paid CEOs
Image: Jignesh Shah.Photographs: Reuters
Jignesh Shah
Rank: 18
Annual Compensation in FY2012- 13: Rs 18.03 crore
Annual Compensation in FY2011- 12: Rs 15.51 crore
Jignesh Shah is the chairman and managing director of Financial Technologies.
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India's highest paid CEOs
Image: H M Bangur.Photographs: Courtesy, Shree Cement
H M Bangur
Rank: 17
Annual Compensation in FY2012- 13: Rs 18.34 crore
Annual Compensation in FY2011- 12: Rs 13.66 crore
H M Bangur is the managing director of Shree Cement.
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India's highest paid CEOs
Image: D Bhattacharya.Photographs: Courtesy, Hindalco
D Bhattacharya
Rank: 16
Annual Compensation in FY2012- 13: Rs 20.61 crore
Annual Compensation in FY2011- 12: Rs 19.50 crore
D Bhattacharya is the managing director of Hindalco.
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India's highest paid CEOs
Image: A M Naik.Photographs: Reuters
A M Naik
Rank: 15
Annual Compensation in FY2012- 13: Rs 21.06 crore
Annual Compensation in FY2011- 12: Rs 2.68 crore
A M Naik is the chairman and managing director of Larsen & Toubro.
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India's highest paid CEOs
Image: D B Gupta.Photographs: Earthbillion/Wikimedia Commons
D B Gupta
Rank: 14
Annual Compensation in FY2012- 13: Rs 21.99 crore
Annual Compensation in FY2011- 12: Rs 15 crore
D B Gupta is the chairman of Lupin.
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India's highest paid CEOs
Image: Jayadev Galla.Photographs: Courtesy, Amara Raja Batteries
Jayadev Galla
Rank: 13
Annual Compensation in FY2012- 13: Rs 23.48 crore
Annual Compensation in FY2011- 12: Rs 17.36 crore
Jayadev Galla is the Vice- chairman & managing director of Amara Raja Batteries.
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India's highest paid CEOs
Image: Onkar S Kanwar.Photographs: Courtesy, Apollo Tyres
Onkar S Kanwar
Rank: 12
Annual Compensation in FY2012- 13: Rs 24.17 crore
Annual Compensation in FY2011- 12: Rs 13.96 crore
Onkar S Kanwar si the chairman and managing director Apollo Tyres.
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India's highest paid CEOs
Image: Sunil Bharti Mittal.Photographs: Reuters
Sunil Bharti Mittal
Rank: 11
Annual Compensation in FY2012- 13: Rs 24.33 crore
Annual Compensation in FY2011- 12: Rs 21.29 crore
Sunil Bharti Mittal is the executive chairman of Bharti Airtel.
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India's highest paid CEOs
Image: Murali K Divi.Photographs: Courtesy, Divis Laboratories
Murali K Divi
Rank: 10
Annual Compensation in FY2012- 13: Rs 26.46 crore
Annual Compensation in FY2011- 12: Rs 23.15 crore
Murali K Divi is the chairman and managing director of Divis Laboratories.
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India's highest paid CEOs
Image: Sajjan Jindal.Photographs: Reuters
Sajjan Jindal
Rank: 9
Annual Compensation in FY2012- 13: Rs 27.50 crore
Annual Compensation in FY2011- 12: Rs 25.33 core
Sajjan Jindal is the chairman and managing director of JSW Steel.
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India's highest paid CEOs
Image: P R Ramasubrahmaneya Rajha.Photographs: Courtesy, Madras Cement
P R Ramasubrahmaneya Rajha
Rank: 8
Annual Compensation in FY2012- 13: Rs 30.96 crore
Annual Compensation in FY2011- 12: Rs 29.34 crore
P R Ramasubrahmaneya Rajha is the chairman and managing director of Madras Cement.
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India's highest paid CEOs
Image: Sunil Kant Munjal.Photographs: Courtesy, Hero Motocorp
Sunil Kant Munjal
Rank: 7
Annual Compensation in FY2012- 13: Rs 31.51 crore
Annual Compensation in FY2011- 12: Rs 21.14 crore
Sunil Kant Munjal is the Joint managing director of Hero Motocorp.
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India's highest paid CEOs
Image: Brijmohan Lall.Photographs: Courtesy, Hero Motocorp
Brijmohan Lall
Rank: 6
Annual Compensation in FY2012- 13: Rs 32.73 crore
Annual Compensation in FY2011- 12: Rs 34.44 crore
Brijmohan Lall is the Chairman of Hero Motocorp.
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India's highest paid CEOs
Image: Pawan Kant Munjal.Photographs: Courtesy, Hero Motocorp
Pawan Kant Munjal
Rank: 6
Annual Compensation in FY2012- 13: Rs 32.80 crore
Annual Compensation in FY2011- 12: Rs 34.47 crore
Pawan Kant Munjal is managing director and CEO of Hero Motocorp.
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India's highest paid CEOs
Image: Kumar Mangalam Birla.Photographs: Reuters
Kumar Mangalam Birla*
Rank: 4
Annual Compensation in FY2012- 13: Rs 49.62 crore
Annual Compensation in FY2011- 12: Rs 47.11 crore
Kumar Mangalam Birla is the Chairman of Grasim Industries.
(*Include salary from Ultratech, Hindalco, Aditya Birla Nuvo)
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India's highest paid CEOs
Image: Naveen Jindal.Photographs: Reuters
Naveen Jindal
Rank: 3
Annual Compensation in FY2012- 13: Rs 54.98 crore
Annual Compensation in FY2011- 12: Rs 73.42 crore
Naveen Jindal is the managing director of Jindal Steel & Power.
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India's highest paid CEOs
Image: Kavery Kalanithi.Photographs: Courtesy, Bombardier
Kavery Kalanithi
Rank: 2
Annual Compensation in FY2012- 13: Rs 56.24 crore
Annual Compensation in FY2011- 12: Rs 57.01 crore
Kavery Kalanithi is the executive director of Sun TV Network.
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India's highest paid CEOs
Image: Kalanithi Maran.Photographs: Courtesy, Bombardier
Kalanithi Maran
Rank: 1
Annual Compensation in FY2012- 13: Rs 56.25 crore
Annual Compensation in FY2011- 12: Rs 57.01 crore
Kalanithi Maran is the executive chairman of Sun TV Network.
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