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India's highest paid CEOs

March 26, 2008
Azim Premji

The remuneration of as many as 15 executives stood at more than Rs 10 crore (Rs 100 million). These included Cadila Health chairman and managing director Pankaj R Patel (Rs 12.43 crore or Rs 124.3 million); Dr Reddy's managing director and chief operating officer Satish Reddy (Rs 10.87 crore or Rs 108.7 million); Dr Reddy's chief executive officer G V Prasad (Rs 10.87 crore) ; Mercator Lines chairman and managing director Harish Kumar Mittal (Rs 10.07 crore or Rs 100.7 million); and Mercator Lines joint managing director Atul J Agarwal (Rs 10.07 crore).

Other CEOs who draw hefty sums include Rajiv Bajaj, managing director, Bajaj Auto, gets Rs 2.08 crore (Rs 20.8 million); B Muthuraman, managing director, Tata Steel has a compensation package of Rs 2.20 crore (Rs 22 million); K V Kamath, managing director and chief executive, ICICI Bank, gets Rs 2.48 crore (Rs 24.8 million); Aditya Puri, managing director, HDFC Bank, gets Rs 1.28 crore (Rs 12.8 million); Malvinder Singh, chief executive, Ranbaxy gets Rs 2.62 crore (Rs 26.2 million); and Azim Premji, chairman and managing director, Wipro, draws Rs 2.53 crore (Rs 25.3 million) as salary.
Image: Wipro chairman Azim Premji. | Photograph: AFP/Getty Images
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