India's highest paid CEOs

Naveen Jindal, Chairman and Managing Director of Jindal Steel and Power Ltd (JSPL), has topped the executive pay charts in India.

Naveen Jindal (Rank 1)
Salary FY 2010-11: Rs 67.21 crore (Rs 672.1 million)

Salary FY 2011-12: Rs 73.42 crore (Rs 734.2 million)

Note: The figures of CEO salary includes salary, commissions, incentives and other benefits as recorded by CapitaLine.

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Kalanithi Maran (Rank 2)
Executive Chairman, Sun TV Network

Salary FY2010-11: Rs 64.40 crore (Rs 644 million)
Salary FY2011-12: Rs 57.01 crore (Rs 570 million)

Kavery Kalanithi (Rank 2)
Executive Director, Sun TV Network

Salary FY2010-11: Rs 64.40 crore (Rs 644 million)
Salary FY2011-12: Rs 57.01 crore (Rs 570 million)

...

Kumar Mangalam Birla  (Rank 3)

Chairman, UltraTech Cement, Hindalco,
Grasim Industries, Aditya Birla Nuvo

Salary FY2010-11: Rs 47.12 crore (Rs 471.2 million)
Salary FY2011-12: Rs 47.11 crore (Rs 471.1 million)

...

Pawan Kant Munjal (Rank 4)
MD & CEO, Hero MotoCorp

Salary FY2010-11: Rs 26.47 crore (Rs 264.7 million)
Salary FY2011-12: Rs 34.47 crore (Rs 344.7 million)

...

Brijmohan Lall Munjal (Rank 5)
Chairman, Hero MotoCorp

Salary FY2010-11: Rs 26.75 crore (Rs 267. 5 million)
Salary FY2011-12: Rs 34.44 crore (Rs 344.4 million)

...

P R Ramasubrahmenya Rajha (Rank 6)
CMD, Madras Cement

Salary FY2010-11: Rs 15.63 crore (Rs 156.3 million)
Salary FY2011-12: Rs 29.34 crore (Rs 293.4 million)

...

B G Raghupathy (Rank 7)
CMD, BGR Energy

Salary FY2010-11: Rs 25.92 crore (Rs 259.2 million)
Salary FY2011-12: Rs 25.98 crore (Rs 259.8 million)

...

Sajjan Jindal (Rank 8)
CMD, JSW Steel, JSW Energy

Salary FY2010-11: Rs 26.83 crore (Rs 268.3 million)
Salary FY2011-12: Rs 25.33 crore (Rs 253.3 million)

...

Murali K Divi (Rank 9)
CMD, Divi's Laboratories

Salary FY2010-11: Rs 16.29 crore (Rs 162.9 million)
Salary FY2011-12: Rs 23.15 crore (Rs 231.5 million)

...

Sunil Bharti Mittal (Rank 10)
Executive Chairman, Bharti Airtel

Salary FY2010-11: Rs 27.51 crore (Rs 275.1 million)
Salary FY2011-12: Rs 21.29 crore (Rs 212.9 million)

...

Sunil Kant Munjal (Rank 11)

Joint Managing Director, Hero MotoCorp

Salary FY2011-12: Rs 21.14 crore (Rs 211.4 million)

...

D Bhattacharya (Rank 12)
Managing Director, Hindalco

Salary FY2010-11: Rs 17.31 crore (Rs 173.1 million)
Salary FY2011-12: Rs 19.50 crore (Rs 195 million)

...

Jayadev Galla (Rank 13)
Managing Director, Amara Raja Batteries

Salary FY2010-11: Rs 15.10 crore (Rs 151 million)
Salary FY2011-12: Rs 17.36 crore (Rs 173.6 million)

...

Prathap C Reddy (Rank 14)
Executive Chairman, Apollo Hospitals Enterprise

Salary FY2010-11: Rs 13.71 crore (Rs 137.1 million)
Salary FY2011-12: Rs 17.16 crore (Rs 171.6 million)

...

Sameer Gehlaut (Rank 15)
Wholetime Director, Indiabulls Financial Services

Salary FY2010-11: Rs 11.36 crore (Rs 113.6 million)
Salary FY2011-12: Rs 16.58 crore (Rs 165.8 million)

...

Jignesh Shah (Rank 16)
CMD, Financial Technologies

Salary FY2010-11: Rs 9.66 crore (Rs 96.6 million)
Salary FY2011-12: Rs 15.51 crore (Rs 155.1 million)

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D B Gupta (Rank 17)
Chairman, Lupin

Salary FY2010-11: Rs 11.37 crore (Rs 113.7 million)
Salary FY2011-12: Rs 15 crore (Rs 150 million)

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Mukesh Ambani (Rank 18)
CMD, Reliance Industries

Salary FY2010-11: Rs 15 crore (Rs 150 million)
Salary FY2011-12: Rs 15 crore (Rs 150 million)

...

N Srinivasan (Rank 19)
VC & MD, India Cements

Salary FY2010-11: Rs 8.99 crore (Rs 89.9 million)
Salary FY2011-12: Rs 14.86 crore (Rs 148.6 million)

...

Onkar S Kanwar
CMD, Apollo Tyres

Salary FY2010-11: Rs 14.07 crore (Rs 140.7 million)
Salary FY2011-12: Rs 13.96 crore (Rs 139.6 million)

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H M Bangur (Rank 21)
Managing Director, Shree Cement

Salary FY2010-11: Rs 4.36 crore (Rs 43.6 million)
Salary FY2011-12: Rs 13.66 crore (Rs 136.6 million)

...

M A M R Muthiah (Rank 22)
Managing Director, Chettinad Cement

Salary FY2011-12: Rs 13.22 crore (Rs 132.2 million)

...

D K Jain (Rank 23)
Chairman, Gujarat Fluorochemicals

Salary FY2010-11: Rs 3.58 crore (Rs 35.8 million)
Salary FY2011-12: Rs 12.77 crore (Rs 127.7 million)

...

Ashok Chaturvedi (Rank 24)
CMD, Uflex

Salary FY2010-11: Rs 8.65 crore (Rs 86.5 million)
Salary FY2011-12: Rs 12.64 crore (Rs 126.4 million)

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Markand Bhatt (Rank 25)
Wholetime Director, Torrent Power

Salary FY2010-11: Rs 10.02 crore (Rs 100.2 million)
Salary FY2011-12: Rs 12.54 crore (Rs 125.4 million)

...

Samir Mehta (Rank 26)
Executive Vice-chairman, Torrent Power, Torrent Pharma

Salary FY2010-11: Rs 10.13 crore (Rs 101.3 million)
Salary FY2011-12: Rs 12.53 crore (Rs 125.3 million)

...

Sudhir Mehta (Rank 27)
Chairman, Torrent Power, Torrent Pharma

Salary FY2010-11: Rs 10 crore (Rs 100 million)
Salary FY2011-12: Rs 12.51 crore (Rs 125.1 million)

Navin Agrawal (Rank 27)
Executive Vice-chairman, Sterilite Industries

Salary FY2010-11: Rs 9.57 crore (Rs 95.7 million)
Salary FY2011-12: Rs 12.51 crore (Rs 125.1 million)

...

Rahul Khosla (Rank 28)
Managing Director, Max India

Salary FY2011-12:  Rs 12.41 crore (Rs 124.1 million)

...

Abhijit Rajan (Rank 29)
CMD, Gammon India

Salary FY2010-11: Rs 4.28 crore (Rs 42.8 million)
Salary FY2011-12: Rs 12.22 crore (Rs 122.2 million)

...

Pankaj R Patel
CMD, Cadilla Healthcare

FY2010-11: Rs 25 crore (Rs 250 million)
FY2011-12: Rs 12.03 crore (Rs 120.3 million)