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by Rahul 30 Mar 2008, 03:45
ImageAzim Premji

The remuneration of as many as 15 executives stood at more than Rs 10 crore (Rs 100 million). These included Cadila Health chairman and managing director Pankaj R Patel (Rs 12.43 crore or Rs 124.3 million); Dr Reddy's managing director and chief operating officer Satish Reddy (Rs 10.87 crore or Rs 108.7 million); Dr Reddy's chief executive officer G V Prasad (Rs 10.87 crore) ; Mercator Lines chairman and managing director Harish Kumar Mittal (Rs 10.07 crore or Rs 100.7 million); and Mercator Lines joint managing director Atul J Agarwal (Rs 10.07 crore).

Other CEOs who draw hefty sums include Rajiv Bajaj, managing director, Bajaj Auto, gets Rs 2.08 crore (Rs 20.8 million); B Muthuraman, managing director, Tata Steel has a compensation package of Rs 2.20 crore (Rs 22 million); K V Kamath, managing director and chief executive, ICICI Bank, gets Rs 2.48 crore (Rs 24.8 million); Aditya Puri, managing director, HDFC Bank, gets Rs 1.28 crore (Rs 12.8 million); Malvinder Singh, chief executive, Ranbaxy gets Rs 2.62 crore (Rs 26.2 million); and Azim Premji, chairman and managing director, Wipro, draws Rs 2.53 crore (Rs 25.3 million) as salary.