N Chandrasekaran, the executive chairman of Tata Sons, was paid a remuneration of Rs 65.52 crore for the financial year 2019. This includes a commission on profit of about Rs 54 crore that he received. Chandrasekaran got a 19 percent hike in his compensation compared with Rs 55.11 crore he got in the financial year 2018, which included a commission of Rs 47 crore, according to a report in Business Standard.
Saurabh Agarwal, the executive director of Tata Sons, took home a pay of Rs 16.45 crore, which was an increment of 22 percent from the last year. His compensation includes Rs 12 crore commission on profit.
Remuneration of other business leaders
Mukesh Ambani, the chairman of Reliance Industries Limited, took home a remuneration of Rs 15 crore. Ambani has his salary capped at Rs 15 crore which is about Rs 5 crore less than what two directors of the company gets. He has been getting the same take-home salary for the past 11 years.
Sanjiv Mehta, chairman and managing director of Hindustan Unilever Limited, has a gross salary of Rs 18.88 crore as compared with Rs 19.37 crore last year. His compensation includes a fixed salary of Rs 8.80 crore along with Rs 1.13 crore perks, a bonus of Rs 2.73 crore, stock option worth Rs 5.79 crore and Rs 0.43 crore as contribution to PF, superannuation and consultancy fees.
Deepak Parekh, the non-executive and non-independent chairman of HDFC bank, took home a remuneration of about Rs 2.5 crore.
Salil Parekh, CEO of Infosys, took home a salary package of Rs 24.67 crore in the financial year 2019. Parekh's compensation included a fixed salary component of Rs 6.07 crore, variable pay of Rs 10.96 crore and perquisites of about Rs 7.64 crore.