Remunerations

Median salary of Indian unicorn founders rises to Rs 1.5 cr overall in FY23

Female founders had a median salary of Rs 1 cr, while their male counterparts earned a median of Rs 1.8 cr: Study

FirstCry CEO Supam Maheshwari's salary cut in half to Rs 8.6 crore a month

Founder and CEO of FirstCry Supam Maheshwari's overall earnings amounted to Rs 77.5 crore during the first three quarters of FY24, in comparison to Rs 200.7 crore for the entirety of FY23

Wipro's CEO Srinivas Pallia set to get annual remuneration of about $6 mn

Wipro's new CEO Srinivas Pallia will receive an annual remuneration of up to USD 6 million (about Rs 50 crore), according to a regulatory filing by the Bengaluru-headquartered IT company. Earlier in April, Wipro announced the appointment of Pallia as its new CEO and MD, following the sudden resignation of Thierry Delaporte. Delaporte's annual salary of over Rs 80 crore at Wipro had made headlines last year. According to a Wipro filing related to notice of postal ballot, Pallia's remuneration will range between USD 3.5 million to USD 6 million per annum (at the lower and upper end of basic and target variable pays). "... the consent of the members be and is hereby accorded for the appointment of Srinivas Pallia as the Chief Executive Officer and Managing Director of the company, to hold office for a period of five years with effect from April 7, 2024 to April 6, 2029, on the terms and conditions of appointment, including payment of remuneration with effect from April 7, 2024...," the

What is a living wage?

Inflation has hit the poor most. It is one of the reasons why the government is now mulling 'living wage' over the existing 'minimum wage'. Living wage is indexed to inflation. Here's more about it

With 31% jump, HDFC Bank's Aditya Puri top gainer in salary hike

Axis Bank's Shikha Sharma came in second, whose compensation package jumped 28% to Rs 5.50 crore

Shikha Sharma gets 22% hike in remuneration

This is double the hike of 11 per cent Sharma had received in FY15