Saturday, May 8, 2010

India's 10 best paid Business Leaders ! & their kingdom


Anil Ambani

Age: 49 years


Remuneration : Rs 48.01 crore (Rs million) (includes Rs 34.65-crore

(Rs million) proposed commission for FY08 by Reliance Comm)

Worth: $42 billion


Designation: Chairman


Group: Reliance - Anil Dhirubhai Ambani Group


Other companies: Reliance Natural Resources Ltd, Reliance Capital Ltd,

Reliance Energy Ltd, Reliance Communications Ltd, Reliance
Infrastructure, Reliance Entertainment, Reliance Power, Reliance
Health, Mudra Communications, Reliance BPO Private Ltd, Dhirubhai
Ambani Institute of Information and Communications Technology

Background: Anil Ambani, the flamboyant younger son of the late

Dhirubhai Ambani (who founded one of India's largest businesses,
Reliance Industries) is an MBA from the Wharton School of Business,
University of Pennsylvania. He earlier completed his BSc from the
University of Mumbai.

After Dhirubhai's death, the two brothers found they could not work

together. To solve the problem, the Reliance companies were divided
into two groups ? one went to elder brother Mukesh, while the other
went to younger brother Anil who formed Reliance ADAG.

Under his chairmanship, the constituent companies of Reliance ADAG

have raised nearly $3 billion from global financial markets in a
period of less than 15 months.

Reliance ADAG has a market capitalisation of Rs 325,000 crore ($81

billion), net assets in excess of Rs 115,000 crore ($29 billion), and
net worth to the tune of Rs 55,000 crore ($14 billion).



Mukesh Ambani


Age: 50 years


Remuneration : Rs 44.02 crore (Rs 440.2 million)


Worth: $43 billion


Designation: Chairman and managing director


Group: Reliance


Other companies: Reliance Industries Ltd, Reliance Petroleum Ltd,

Reliance Retail Ltd, Reliance Industrial Infrastructure Ltd, Reliance
Europe Ltd, Reliance Jamnagar Infrastructure Ltd, Reliance Ventures
Ltd, Reliance Global Management Services Private Ltd, Reliance Fresh
Ltd

Background: A chemical engineer from Stanford University, he earned

his MBA degree from Stanford University. He joined Reliance in 1981.
Among his many achievements include the company's backward integration
into petrochemicals, petroleum refining and oil and gas exploration
and production. One of his biggest achievements is the setting up of
the world's largest grassroots petroleum refinery in Jamnagar.

Shyer than younger brother Anil, Mukesh limits his presence in the

media. Incidentally, his only daughter, Isha, who is just a teenager,
has been listed by Forbes as the second richest heiress in the world.

The Reliance Group's annual revenues are in excess of $34 billion. RIL

is a Fortune 500 listed company.




Kalanidhi Maran


Age: 43 years


Remuneration : Rs 32.41 crore (Rs million)


Worth: $2.6 billion


Designation: Chairman and managing director


Group: Sun TV Network


Other companies: Sun Pictures, Sun Direct, 20 television channels

including Sun TV, Udaya TV, Gemini TV, Surya TV and Surjo TV, 45 FM
radio stations including Surya FM, S FM and Red FM, two Tamil
newspapers including Dinakaran and four weekly Tamil magazines
including Kungumum. It also runs a philanthropic organisation, Sun
Foundation.

Background: Despite coming from a hardcore political background -- his

father is the late Union Industries minister Murasoli Maran, his
brother Dayanidhi Maran was the former communication and IT minister,
his great-uncle is Tamil Nadu's veteran politician M Karunanidhi ?
Kalanidhi was more interested in television. He began his independent
career in 1991 with the monthly Tamil video news magazine, Poomalai.
He was just 27 had had, under his belt, an MBA from the University of
Scranton, USA.

He went on to launch Sun TV, the first privately owned Tamil

television channel, on April 14, 1993. Today, Sun TV is one of the
largest broadcasters in India. Its footprint includes programming and
channels in all the southern languages. It has also launched a DTH arm
and recently forayed into film production.

Sun TV was listed on the Bombay Stock Exchange on April 24, 2006.

After the listing, Maran was mentioned in Forbes's list of the world's
billionaires; this year, he features on the list at No 446.



Kaveri Kalanidhi


Age: 37 years


Remuneration : Rs 32.41 crore (Rs million)


Designation: Joint managing director, Sun TV Network


Group company: Sun TV Network


Other companies: Sun Pictures, Sun Direct, 20 television channels

including Sun TV, Udaya TV, Gemini TV, Surya TV and Surjo TV, 45 FM
radio stations including Suryan FM, S FM and Red FM, two Tamil
newspapers including Dinakaran and four weekly Tamil magazines
including Kungumum. It also runs a philanthropic organisation, Sun
Foundation

Background: Kaveri Kalanidhi responsible for deciding the content mix

on Sun TV's various channels and monitoring viewer feedback. She
assists in the selection of anchors and newscasters. She is on the
board of trustees of Sun Foundation and supervises its day-to-day
functioning.

Kaveri has a bachelor's degree in arts from University of Madras,

Chennai. She was appointed joint managing director of the company on
December 15, 2005. Kalanidhi and Kaveri were married in 1991.




P R Ramasubrahmaneya Rajha


Age: 76 years


Remuneration : Rs 32.39 crore (Rs 323.9 million)


Designation: Chairman and managing director


Group: Ramco Group


Other companies: Madras Cements Ltd, Ramco Industries Ltd, Ramco

Systems Ltd, Rajapalayam Mills Ltd, Sudarshan Spinning Mills, Sri
Vishni Shankar Mills Ltd, Rajapalayam Spintext, Sri Ramco Spinners,
Rajapalayam Textiles, Sandhya Spinning Mills, Tanjavur Spinning Mills
Ltd, Ramaraju Surgical Cotton Mills Ltd, Sri Ramco Biotech, Ramco Wind
Farm and Ramco Lanka Private Ltd. Some of the charitable institutions
it includes Raja Charity Trust, P A C Ramasamy Raja Education Charity
Trust, Shri Abhinava Vidyatheertha Seva Trust, Ramco Industrial
Training Centre and P A Chinnaih Raja Memorial Higher Secondary School

Background: Rajha took over Madras Cements and the Ramco Group in 1962

from his ailing father and company founder, P A C Ramasamy Raja. Under
his stewardship, the group has established a national presence and
seen its turnover multiply ten-fold. Madras Cements is the sixth
largest producer of cement in India. It is also one of the largest
wind energy producers in the country.



Kumar Mangalam Birla


Age: 41 years


Remuneration : Rs 20.14 crore (Rs 201.4 million)


Worth: $10.2 billion


Designation: Chairman


Group: Aditya V Birla Group


Other companies: Grasim, Hindalco, UltraTech Cement, Aditya Birla

Nuvo, Idea Cellular, Birla Sun Life, Birla NGK

Background: A chartered accountant who earned an MBA from the London

Business School, Kumar Mangalam Birla is ranked at No 78 in Forbes
magazine's list of the world's billionaires. He inherited the business
from his late father, Aditya Birla, at the age of 27.

Today, besides running one of India's biggest conglomerates, Birla

also serves on the prime minister advisory council on trade and
industry. In the past, he has been the chairman of Securities and
Exchange Board of India's committee on corporate governance and the
chairman of SEBI's committee on insider trading.




Malvinder Mohan Singh


Age: 34 years


Remuneration : Rs 19.58 crore (Rs 195.8 million)


Designation: CEO and managing director Group company: Ranbaxy

Laboratories Ltd

Background: Singh graduated in economics from St Stephen's college,

New Delhi and earned his MBA from the Fuqua School of Business, Duke
University, USA.

Before taking charge as MD and CEO, he was president, pharmaceuticals,

and executive director responsible for the global operations covering
pharmaceuticals, API and manufacturing across Ranbaxy's global
footprint of 49 countries.

He is a member of the National Council for the Confederation of Indian

Industries and co-chairman of CII's national committee on Intellectual
Property Rights (IPR), CII.

In June 2008, Ranbaxy reached an agreement with Daiichi through which

it will acquire a majority stake in the former. Singh will continue as
CEO for some time




Sunil Bharti Mittal


Age: 51 years (October 23, 1957)


Remuneration : Rs 19.55 crore (Rs 195.5 million)


Designation: Chairman and managing director


Group: Bharti Group


Other companies: Bharti Enterprises, Bharti Airtel Ltd, Bharti

TeleTech Ltd, Telecom Seychelles Ltd, Bharti Telesoft Ltd, Bharti Del
Monte India Pvt Ltd, Bharti Retail Pvt Ltd, Bharti Retail Pvt Ltd,
Bharti Axa General Insurance Company, Bharti Axa Life Insurance
Company, Bharti Axa Life Insurance Company, Bharti AXA Investment
Managers Pvt Ltd, Bharti Resources, Jersey Airtel Ltd, Bharti
Foundation

Background: Mittal started his first business at the age of 18,

financed by a loan of Rs 20,000 from his father. Moving from one
business to another, this first generation entrepreneur Mittal built
the Bharti Group into India's largest mobile phone operator in just 10
years.

He was awarded the Padma Bhushan in 2007.


Mittal is an alumnus of the Harvard Business School. He has been

awarded the Doctor of Science (Honoris Causa) degree by the G B Pant
University of Agriculture & Technology. He is an honorary fellow of
The Institution of Electronics and Telecommunication Engineers.



Sajjan Jindal


Age: 48 years (December 5, 1959)


Remuneration : Rs 16.73 crore (Rs 167.3 million)


Designation: Vice chairman and managing director


Group: Jindal South West Holding Group


Other companies: JSW Steel Ltd, JSW Energy Ltd, JSW Holdings Ltd, JSW

Infrastructure and Logistics Ltd, Vijayanagar Minerals Pvt Ltd, Jindal
Praxair Oxygen Co Ltd, JSoft Solutions Ltd, JSW Aluminium Ltd, JSW
Bengal Steel Ltd, JSW Energy Ratnagiri Ltd, Raj Westpower Ltd, JSW
Cement Ltd, JSW Jharkhand Steel Ltd

Background: The second son of the late O P Jindal, joined the Jindal

organisation after his graduation from Bangalore University in 1982.
Today, JSW Steel is the third largest manufacturer of steel in India.

Earlier this year, he took over as the president of the Associated

Chambers of Commerce and Industry. He is also director of the Indian
Institute of Management, Indore and the National Shipping Board.




Onkar S Kanwar

Age: 66 years


Designation: Chairman and managing director


Remuneration : Rs 15.54 crore (Rs 155.4 million)


Group: Apollo


Other companies: Apollo Tyres Ltd, Apollo Tyres KFT, Dunlop Tyres

International

Background: Kanwar has successfully led Apollo Tyres (he inherited the

initial business from his father Raunaq Singh) for over 27 years.
Under his leadership, Apollo has not only witnessed a turn around but
has also emerged as a market leader.

A science and administration graduate from the University of

California, Kanwar is also immediate past president, Federation of
Indian Chambers of Commerce & Industry, and past president,
International Chamber of Commerce, Automotive Tyre Manufacturers'
Association and former director, Export Credit Guarantee Corporation
of India.


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