It’s salary this time...
The gap between the two Ambani brother
s widens considerably once again. Not on the personal front, but in terms of salaries this time. When the two were together, they both took home a package of Rs.0.2 billion each from Reliance Industries (FY 2004-05). Anil was all smiles when the two went their own ways but the smile seems to be fading now with Mukesh being paid 10 times more with an annual package of about Rs.0.2 billion as compared to a meager Rs.0.02 billion that Anil gets (FY 2006-07). Well, the other top shots of India Inc. don’t seem behind too. Ahead of Mukesh is Sun TV CMD Kalanidhi Maran & Joint MD Kavery Kalanidhi, with salaries close to Rs.0.23 billion each, followed by Sunil Mittal (Rs.0.15 billion) & K. Anji Reddy (Rs.0.14 billion).
For Complete IIPM Article, Click on IIPM Article
The gap between the two Ambani brother
s widens considerably once again. Not on the personal front, but in terms of salaries this time. When the two were together, they both took home a package of Rs.0.2 billion each from Reliance Industries (FY 2004-05). Anil was all smiles when the two went their own ways but the smile seems to be fading now with Mukesh being paid 10 times more with an annual package of about Rs.0.2 billion as compared to a meager Rs.0.02 billion that Anil gets (FY 2006-07). Well, the other top shots of India Inc. don’t seem behind too. Ahead of Mukesh is Sun TV CMD Kalanidhi Maran & Joint MD Kavery Kalanidhi, with salaries close to Rs.0.23 billion each, followed by Sunil Mittal (Rs.0.15 billion) & K. Anji Reddy (Rs.0.14 billion).For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2007
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative
