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Category Archives: 25th Nov 2012

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Are Indian CEOs Overpaid?

25th Nov 2012, Business Today, EditorialBy Chaitanya KalbagJuly 31, 2024Leave a comment

The day before this issue of Business Today hits news stands, America will vote for a new president. The day after you invest less than 80 US cents in our quality journalism (in the event that you paid its full cover price), the Chinese Communist Party will meet to anoint a new leadership. Both transitions…

CEO Compensation

25th Nov 2012, Business Today, InterviewBy Chaitanya KalbagJune 25, 2024Leave a comment

Until July 1991, directors at Indian companies could not be paid more than ₹15,000 a month. Commissions as a percentage of net profits were permitted but capped at half the annual salary. Today, the top-paid director in India, steel tycoon Naveen Jindal, takes home more than ₹6 crore a month, and scores of Indian CEOs…

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