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HEG boss Ravi Jhunjhunwala's fat pay raises eyebrows

Friday, July 26, 2019, 1:04 PM

Ravi Jhunjhunwala, CEO of HEG, zoomed to the top of the remuneration rankings in FY19 with an almost threefold jump in compensation from the previous year, based on data that's available so far. He took home Rs 121.27 crore in the last financial year, 180% more than in the previous fiscal, after the company posted record profit following a surge in graphite prices.
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Mukesh Ambani keeps salary capped at Rs 15 cr for 11th yr in a row

Saturday, July 20, 2019, 4:04 PM

Richest Indian Mukesh Ambani has kept his annual salary from his flagship firm Reliance Industries capped at Rs 15 crore for the eleventh year on the trot. Ambani voluntarily capped his compensation at Rs 15 crore in October 2009 amid a debate over right-sizing of CEO salaries. The salary cap continued even as all other executive directors saw their remunerations go up.
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More than 2,000 crorepatis in Infosys ranks abroad

Monday, July 8, 2019, 10:56 AM

Infosys has more than 2,200 employees outside India who earned more than Rs 1 crore last fiscal, a jump of over 500 since FY17, said the source, highlighting the high-cost nature of the firm's move to hire in its major markets. In FY17, Infosys had over 1,700 employees who earned more than Rs 1 crore, said the source.

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