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India's 10 best paid CEOs!

September 16, 2008

Kumar Mangalam Birla

Age: 41 years

Remuneration for 2008: Rs 20.14 crore (Rs 201.4 million)

Worth: $10.2 billion

Designation: Chairman

Group: Aditya V Birla Group

Other companies: Grasim, Hindalco, UltraTech Cement, Aditya Birla Nuvo, Idea Cellular, Birla Sun Life, Birla NGK

Background: A chartered accountant who earned an MBA from the London Business School, Kumar Mangalam Birla is ranked at No 78 in Forbes magazine's list of the world's billionaires. He inherited the business from his late father, Aditya Birla, at the age of 27.

Today, besides running one of India's biggest conglomerates, Birla also serves on the prime minister advisory council on trade and industry. In the past, he has been the chairman of Securities and Exchange Board of India's committee on corporate governance and the chairman of SEBI's committee on insider trading.

Image: Aditya Birla Group chairman Kumar Mangalam Birla. | Photograph: Sebastian D'Souza/AFP/Getty Images

Also read: India's most and least corrupt states
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