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30 corporate honchos get
Rs 1 cr-plus salary
New Delhi, May 29 These include JSW Energy’s Sajjan Jindal, Hindustan Construction’s Ajit Gulabchand, Raymond’s Gautam Hari Singhania, ICICI Bank’s Chanda Kochhar, Axis Bank’s Shikha Sharma, as also Infosys’ S Gopalakrishnan and SD Shibulal. Companies are currently in the process of disclosing top management salaries for the financial year ended March 31, 2011, through their annual reports for the period. Just about a month in the process since the annual reports of listed companies began trickling in late April, as many as 30 top corporate executives have been found to have received annual compensation exceeding Rs 1 crore. So far, figures are available for 32 companies, out of which executives at 13 companies received salaries in excess of Rs 1-crore mark in 2010-11, an analysis of information available with financial data aggregator Capitalline shows. Besides RIL’s chairman and MD Mukesh Ambani, there are four more top executives from the company - Nikhil Meswani, Hital Meswani, PMS Prasad and Pawan Kumar Kapil - in the elite league. The list of executives with salaries exceeding Rs 1 crore includes a total of four executives from ICICI Bank, including its chief, and five from IT major Infosys, including TV Mohandas Pai and K Dinesh, who recently left the company. The total list of executives with such salaries would grow further as more companies reveal their figures in the coming days.— PTI
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