Last year, Prime Minister Manmohan Singh ruffled quite a few feathers when he commented on soaring executive salaries and said the rich must give back to the society and not show off wealth.
Some in corporate India took umbrage to those remarks and justified their salaries. The jury is still out on whether huge CEO compensation leads to better company performance.
However, in private sector companies in India, CEO compensation is impressively high. By contrast, public sector bosses get a pittance: in some cases, not even one per cent of what the top private sector CEOs get.
So who are India's highest paid CEOs? Here's a list. . .
Image: The Indian flag flies high. | Photograph: Simon Cross/Getty Images
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