N. Chandrasekaran's Pay Rises to Rs 135 Crore
N. Chandrasekaran's Pay Rises to Rs 135 Crore

N. Chandrasekaran's Pay Rises to Rs 135 Crore

News summary

N. Chandrasekaran, the chairman of Tata Sons, earned Rs 135 crore in FY24, a 20% increase from the previous year, solidifying his position as India's highest-paid corporate executive. His compensation package included Rs 122 crore in commissions from company profits alongside Rs 13 crore in salary and perquisites. Saurabh Agrawal, Tata Sons' CFO, ranked second with Rs 30 crore, while TCS CEO K. Krithivasan earned Rs 25 crore. Other notable earnings included Puneet Chhatwal of IHCL at Rs 19 crore and T.V. Narendran of Tata Steel at Rs 17 crore. In contrast, former Wipro CEO Thierry Delaporte received Rs 167 crore, largely due to severance payments. The overall executive compensation growth across India's top companies slowed to 3.9% in FY24, reflecting a broader trend in executive pay.

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