This document lists the names and positions of 96 business executives in India along with their compensation for fiscal years 2013-14 and 2014-15. It shows that the compensation amounts generally increased from 2013-14 to 2014-15 for these top executives at major Indian companies spanning various industries. The highest compensated executives received over Rs. 60 crores while the lowest on the list received around Rs. 3 crores.
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Indias 100 highest paid ce os
1. 1 Kalanithi Maran
Sun TV Network, Executive
Chairman
>FY 2013-14 59.89
>FY 2014-15 61.27
2 Kavery Kalanithi
Sun TV Network, Executive
Director
>FY 2013-14 59.89
>FY 2014-15 61.26
3 Pawan Kant Munjal
Hero MotoCorp, CMD & CEO
>FY 2013-14 37.88
>FY 2014-15 44.62
4 Kumar Mangalam Birla
Grasim Industries, Ultratech
Cement, Hindalco, Aditya Birla
Nuvo, Idea Cellular, Chairman
>FY 2013-14 38.97
>FY 2014-15 44.56
5 Brijmohan Lall Munjal
Hero MotoCorp, Chairman
>FY 2013-14 36.98
>FY 2014-15 44.19
6 Sunil Kant Munjal
Hero MotoCorp, Joint MD
>FY 2013-14 35.978
>FY 2014-15 42.46
7 Onkar S Kanwar
Apollo Tyres, CMD
>FY 2013-14 30.41
>FY 2014-15 41.71
8 D B Gupta
Lupin, Chairman
>FY 2013-14 37.15
>FY 2014-15 37.58
9 Murali K Divi
Divis Laboratories, CMD
>FY 2013-14 33.39
>FY 2014-15 35.41
10 Sajjan Jindal
JSW Steel, JSW Energy, CMD
>FY 2013-14 26.11
>FY 2014-15 35.28
11 Jayadev Galla
Amara Raja Batteries,
Vice-chairman & MD
>FY 2013-14 29.33
>FY 2014-15 33.60
12 Arvind Poddar
Balkrishna Industries, CMD
>FY 2013-14 16.20
>FY 2014-15 27.84
13 A M Naik
Larsen & Toubro,
Group Chairman
>FY 2013-14 28.41
>FY 2014-15 27.31
14 Neeraj Kanwar
Apollo Tyres, Vice-chairman
& Joint MD
>FY 2013-14 14.21
>FY 2014-15 27.30
15 Sunil Bharti Mittal
Bharti Airtel, Chairman
>FY 2013-14 23.88
>FY 2014-15 27.18
16 H M Bangur
Shree Cement, MD
>FY 2013-14 22.59
>FY 2014-15 26.25
17 Sameer Gehlaut
Indiabulls Financial Services,
Whole-time Director
>FY 2013-14 29.61
>FY 2014-15 24.49
18 D Bhattacharya
Hindalco Industries, MD
>FY 2013-14 21.06
>FY 2014-15 21.59
19 Chandrasekaran N
TCS, MD & CEO
>FY 2013-14 18.69
>FY 2014-15 21.28
20 Rajiv Bajaj
Bajaj Auto, MD
>FY 2013-14 18.36
>FY 2014-15 20.49
21 Ramachandra N Galla
Amara Raja Batteries,
Chairman
>FY 2013-14 17.60
>FY 2014-15 20.16
22 Rajiv Poddar
Balkrishna Industries,Joint MD
>FY 2013-14 10.15
>FY 2014-15 19.70
23 Chirayu R Amin
Alembic Pharma, CMD
>FY 2013-14 16.87
>FY 2014-15 19.63
24 P R Ramasubrahmaneya
Rajha
The Ramco Cement, CMD
>FY 2013-14 8.12
>FY 2014-15 18.38
25 N V Ramana
Divis Laboratories,
Executive Director
>FY 2013-14 17.18
>FY 2014-15 18.20
26 Rahul Khosla
Max India, Chairman
>FY 2013-14 8.50
>FY 2014-15 18.10
27 B N Kalyani
Bharat Forge, CMD
>FY 2013-14 12.53
>FY 2014-15 17.65
28 Shiv Nadar
HCL Technologies, CMD
>FY 2013-14 12.07
>FY 2014-15 16.63
29 Kamal K Sharma
Lupin, Vice-chairman
>FY 2013-14 13.47
>FY 2014-15 16.61
30 Prathap C Reddy
Apollo Hospitals
Enterprises,
Executive Chairman
>FY 2013-14 15.05
>FY 2014-15 15.28
31 Mohit Gujral
DLF, Whole-time Director & CEO
>FY 2013-14 1.92
>FY 2014-15 15.22
32 Mukesh Ambani
Reliance Industries, CMD
>FY 2013-14 15
>FY 2014-15 15
33 Pankaj R Patel
Cadila Healthcare, CMD
>FY 2013-14 12
>FY 2014-15 15
34 M B Parekh
Pidilite Industries,
Executive Chairman
>FY 2013-14 14.09
>FY 2014-15 14.90
35 Naveen Jindal
Jindal Steel & Power, Chairman
>FY 2013-14 36.96
>FY 2014-15 14.78
36 Sanjiv Mehta
Hindusthan Unilever,
MD & CEO
>FY 2013-14 6.14
>FY 2014-15 14.17
37 Navin Agarwal
Vedanta, Executive Chairman
> FY 2013-14 6.25
> FY 2014-15 14.12
38 Yogesh Chander Deveshwar
ITC, Chairman
> FY 2013-14 11.28
> FY 2014-15 13.85
39 K Venkataramanan
Larsen & Toubro, MD & CEO
> FY 2013-14 13.12
> FY 2014-15 13.59
40 Subhanu Saxena
Cipla, MD & CEO
> FY 2013-14 21.69
> FY 2014-15 13.31
41 Adi B Godrej
Godrej Consumer Products,
Chairman & Whole-time
Director
> FY 2013-14 9.46
> FY 2014-15 13.18
42 G V Prasad
Dr Reddy's Laboratories,
Vice-chairman, MD & CEO
> FY 2013-14 10.95
> FY 2014-15 12.93
43 Vivek Gambhir
Godrej Consumer Products, MD
> FY 2013-14 6.72
> FY 2014-15 12.89
44 S N Subrahmanyan
Larsen & Toubro, Whole-time
Director
> FY 2013-14 13.27
> FY 2014-15 12.83
45 S C Mehta
Deepak Fertilisers, CMD
> FY 2013-14 12.72
> FY 2014-15 12.72
46 Vijaylaxmi Poddar
Balkrishna Industries,
Non-executive Director
> FY 2013-14 8.38
> FY 2014-15 12.67
47 Premschand Godha
Ipca Laboratories, CMD
> FY 2013-14 13.46
> FY 2014-15 12.56
48 Kiran S Divi
Divis Laboratories,
President & Director
> FY 2013-14 11.77
> FY 2014-15 12.44
49 Bharat Hari Singhania
JK Lakshmi Cement,
JK Tyres & Industries, CMD
>FY 2013-14 8.76
>FY 2014-15 12.22
50 Raghupati Singhania
JK Tyres & Industries, CMD
>FY 2013-14 7.74
>FY 2014-15 12.20
51 Satish Pai
Hindalco Industries, Deputy MD
>FY 2013-14 0.0000
>FY 2014-15 12.17
52 Nikhil R Meswani
Reliance Industries,
Executive Director
>FY 2013-14 12.12
>FY 2014-15 12.03
53 Hital R Meswani
Reliance Industries,
Executive Director
>FY 2013-14 12.11
>FY 2014-15 12.03
54 Ajay G Piramal
Piramal Enterprises,
Chairman
>FY 2013-14 6.30
>FY 2014-15 11.72
55 Rajnikant D Shroff,
UPL, CMD
>FY 2013-14 9.39
>FY 2014-15 11.34
56 Rahul Bajaj
Bajaj Auto, Chairman
>FY 2013-14 11.23
>FY 2014-15 11.21
57 Ajit Gulabchand
HCC, CMD
>FY 2013-14 10.66
>FY 2014-15 10.66
58 Sanjiv Bajaj
Bajaj Auto,Bajaj Holdings,
Bajaj Finserv, Director
>FY 2013-14 8.77
>FY 2014-15 10.47
59 Malay Mahadevia
Adani Ports, Whole-time
director
>FY 2013-14 3.44
>FY 2014-15 10.39
60 Pawan Goenka
M & M, Executive Director
>FY 2013-14 2.36
>FY 2014-15 10.38
61 R Shankar Raman
Larsen & Toubro, Whole-time
Director & CEO
>FY 2013-14 10.79
>FY 2014-15 10.37
62 Samir Mehta
Torrent Pharma, Executive
Vice-chairman
>FY 2013-14 7.53
>FY 2014-15 10.02
63 Sharvil P Patel
Cadila Healthcare, Deputy MD
>FY 2013-14 8
>FY 2014-15 10
64 Ravi PNC Menon
Sobha, Chairman
>FY 2013-14 8.99
>FY 2014-15 9.75
65 Satish Reddy
Dr Reddy's Laboratories,
Chairman
>FY 2013-14 11.46
>FY 2014-15 9.66
66 Shri Paul Oswal
Vardhman Textiles, CMD
>FY 2013-14 18.69
>FY 2014-15 9.60
67 Prashant Bangur
Shree Cement, Whole-time
Director
>FY 2013-14 7.46
>FY 2014-15 9.52
68 M V Kotwal
Larsen & Toubro, Whole-time
Director
>FY 2013-14 9.50
>FY 2014-15 9.25
69 Akhil Gupta
Bharti Infra, Chairman
>FY 2013-14 10.58
>FY 2014-15 9.20
70 Rajiv Verma
H T Media, Whole-time
Director & CEO
>FY 2013-14 5.01
>FY 2014-15 9.17
71 Venu Srinivasan
TVS Motor Company, CMD
>FY 2013-14 7.31
>FY 2014-15 9.15
72 T K Kurien
Wipro, Executive Director &
CEO
>FY 2013-14 6.57
>FY 2014-15 9.11
73 Tarun Jain
Vedanta
Whole-time Director
>FY 2013-14 0.0000
>FY 2014-15 9.03
74 Ravi Uppal
Jindal Steel & Power, MD & CEO
>FY 2013-14 5.05
>FY 2014-15 9.01
75 Balu Ganesh Ayyar
Mphasis, CEO
>FY 2013-14 4.44
>FY 2014-15 8.88
76 R R Mandawewala
Welspun India, MD
>FY 2013-14 1.75
>FY 2014-15 8.86
77 Gautam Hari Singhania
Raymond, CMD
>FY 2013-14 1.77
>FY 2014-15 8.83
78 Himanshu Kapania
Idea Cellular, MD
>FY 2013-14 9.33
>FY 2014-15 8.78
79 Sunil D Mathur
Siemens, MD & CEO
>FY 2013-14 7.14
>FY 2014-15 8.69
80 Dipali Goenka
Welspun India, Joint MD
>FY 2013-14 1.50
>FY 2014-15 8.61
81 Zubair Ahmed
GSK Consumer Healthcare, MD
>FY 2013-14 10.79
>FY 2014-15 8.58
82 Glenn Saldanha
Glenmark Pharma, CMD
>FY 2013-14 7.27
>FY 2014-15 8.37
83 Madhur Bajaj
Bajaj Auto, Vice-chairman
>FY 2013-14 8.36
>FY 2014-15 8.35
84 Arvind Uppal
Whirlpool India, CMD
>FY 2013-14 5.06
>FY 2014-15 8.34
85 Anil Gupta
Havells India, CMD
>FY 2013-14 4.83
>FY 2014-15 8.26
86 Sanjay Jayavarthanavelu
Lakshmi Machine Works, CMD
>FY 2013-14 7.31
>FY 2014-15 8.24
87 Nilesh Gupta
Lupin, MD
>FY 2013-14 6.07
>FY 2014-15 8.24
88 Keki M Mistry
HDFC, Vice-chairman, MD &
CEO
>FY 2013-14 7.78
>FY 2014-15 8.12
89 K K Maheshwari
Grasim Industries, MD
>FY 2013-14 8.35
>FY 2014-15 8.05
90 Bharat K Sheth
Great Eastern Shipping,
Deputy Chairman & MD
>FY 2013-14 6.36
>FY 2014-15 8.02
91 Vikrampati Singhania
JK Tyre & Industries, Deputy
MD
>FY 2013-14 4.60
>FY 2014-15 7.99
92 Deepak Parikh
Clariant Chemicals,
Vice-chairman & MD
>FY 2013-14 4.89
>FY 2014-15 7.91
93 Shailendra Roy
Larsen & Toubro, Whole-time
Director
>FY 2013-14 7.98
>FY 2014-15 7.90
94 Ashok Chaturvedi
Uflex , CMD
>FY 2013-14 6.98
>FY 2014-15 7.77
95 Mohit Talwar
Max India, MD
>FY 2013-14 3.64
>FY 2014-15 7.66
96 Henricus Petrus Van Zon
United Breweries, Director &
CFO
>FY 2013-14 5.40
>FY 2014-15 7.58
97 Bhagirath Arya
JBF Industries, Executive
Chairman
>FY 2013-14 5.05
>FY 2014-15 7.58
98 Sabu M Jacob
Kitex Garments, CMD
>FY 2013-14 4.46
>FY 2014-15 7.49
99 P D Narang
Dabur India, Whole-time
Director
>FY 2013-14 6.45
>FY 2014-15 7.48
100Sunil Duggal
Dabur India, Executive Director
>FY 2013-14 6.43
>FY 2014-15 7.45
Source: Capitaline. The figures of CEO salary includes salary, commissions, incentives and other benefit s as recorded by CapitaLine; Compiled by BS Research Bureau
Highest paid CEOs(Annual compensation, ~ crore)