MUMBAI: Tata Sons<\/a> chairman N Chandrasekaran<\/a>’s remuneration nearly doubled in FY17-18 after he joined the holding company of the Tata group from Tata Consultancy Services.

In the year to March 2018, the 56-year old Tata group lifer earned Rs 55.11crore as remuneration — about 85% of which was in the form of commission and percentage of profit, Tata Son’s latest annual report showed.

Chandrasekaran got the top job at the $103 billion salt-tosoftware group in February 2017. The new chairman had received Rs 30.15 crore for 11 months he served as
TCS<\/a> managing director.

Chandrasekaran’s annual payout is nearly three times more than his predecessor
Cyrus Mistry<\/a>, who earned Rs 16 crore as remuneration before being ousted by the board through a vote of no-confidence in October 2016.

Tata Sons was unavailable for comment.

Insiders say that as a Tata Sons nominee on board, Mistry chose to cap his remuneration with the holding company’s profitability.

Cyrus, scion of the Pallonji Mistry family, is Tata Sons’ largest individual shareholder along with his brother Shapoor Mistry, with 18.4%.

Chandrasekaran took charge as the first non-Parsi chairman of the Indian conglomerate and has been successful in maintaining a good equation with all Tata stakeholders, top group officials said.

The Tata group is restructuring its businesses with an emphasis on margins, to become a leaner and more agile corporate structure with reportedly 32 holding companies through a strategy of consolidation and synergy. The group is creating business verticals such as aerospace and defence, scaling up core businesses like steel and shutting those that cannot be scaled up.

“Chandrasekaran’s salary increase probably justifies the responsibilities that have been thrust upon him. That is no easy task,” said an investment analyst at a foreign brokerage firm.

“Having said that, salary increases usually have to be looked at along with group performance. Especially given the huge write-offs and limited improvement of Tata Sons at operating level. One needs to take a look at how the next year pans out,” he added.

Meanwhile, group chief financial officer Saurabh Agrawal earned Rs 13.46 crore as remuneration for nine months starting June 27, 2017 when he was appointed.

Agrawal was an investment banker and former head of strategy at the Birla group before joining the Tatas.
<\/p><\/body>","next_sibling":[{"msid":66310559,"title":"Facebook logs in, Bengaluru now hosts all big five tech firms","entity_type":"ARTICLE","link":"\/news\/facebook-logs-in-bengaluru-now-hosts-all-big-five-tech-firms\/66310559","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[{"msid":"66309763","title":"nchandrasekharan-bccl","entity_type":"IMAGES","seopath":"tech\/ites\/n-chandrasekarans-salary-almost-doubles-in-leap-from-tcs-to-tata-sons\/nchandrasekharan-bccl","category_name":"N Chandrasekaran\u2019s salary almost doubles in leap from TCS to Tata Sons","synopsis":"Chandrasekaran took charge as the first non-Parsi chairman of the Indian conglomerate and has been successful in maintaining a good equation with all Tata stakeholders.","thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-174056\/66309763.cms?width=150&height=112","link":"\/image\/tech\/ites\/n-chandrasekarans-salary-almost-doubles-in-leap-from-tcs-to-tata-sons\/nchandrasekharan-bccl\/66309763"}],"seoschemas":false,"msid":66313275,"entity_type":"ARTICLE","title":"N Chandrasekaran\u2019s salary almost doubles in leap from TCS to Tata Sons","synopsis":"Chandrasekaran\u2019s annual payout is nearly three times more than his predecessor Cyrus Mistry, who earned Rs 16 crore as remuneration before being ousted by the board.","titleseo":"telecomnews\/n-chandrasekarans-salary-almost-doubles-in-leap-from-tcs-to-tata-sons","status":"ACTIVE","authors":[{"author_name":"Kala Vijayraghavan","author_link":"\/author\/4411\/kala-vijayraghavan","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/4411.cms?width=250&height=250","author_additional":{"thumbsize":false,"msid":4411,"author_name":"Kala Vijayraghavan","author_seo_name":"kala-vijayraghavan","designation":"Editor","agency":false}},{"author_name":"Sagar Malviya","author_link":"\/author\/479215157\/sagar-malviya","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/479215157.cms?width=250&height=250&imgsize=33053","author_additional":{"thumbsize":true,"msid":479215157,"author_name":"Sagar Malviya","author_seo_name":"sagar-malviya","designation":"Sr Asst Editor","agency":false}}],"Alttitle":{"minfo":""},"artag":"ET Bureau","artdate":"2018-10-22 12:11:21","lastupd":"2018-10-22 12:11:21","breadcrumbTags":["Tata Sons","n chandrasekaran package","tcs","N Chandrasekaran salary","cyrus mistry","N Chandrasekaran","Enterprise IT"],"secinfo":{"seolocation":"telecomnews\/n-chandrasekarans-salary-almost-doubles-in-leap-from-tcs-to-tata-sons"}}" data-authors="[" kala vijayraghavan","sagar malviya"]" data-category-name="" data-category_id="" data-date="2018-10-22" data-index="article_1">

N Chandrasekaran的薪水几乎翻从塔塔,塔塔的儿子

Chandrasekaran年度支出几乎是三倍比他的前任居鲁士Mistry,获得16个卢比的薪酬由董事会被推翻之前。

卡拉Vijayraghavan Sagar Malviya
  • 2018年10月22日发表在十二11点坚持

孟买:塔塔的儿子主席N Chandrasekaran在FY17-18薪酬几乎翻了一番后,他加入了塔塔集团的控股公司塔塔咨询服务公司。

在2018年3月,现年56岁的塔塔集团要获得55.11卢比报酬——大约85%的佣金的形式和比例的利润,塔塔儿子的最新年度报告中显示。

Chandrasekaran得到的最高职位salt-tosoftware集团2017年2月的1030亿美元。新主席收到了11个月他担任30.15卢比TCS董事总经理。

Chandrasekaran年度支出比他的前任将近三倍之多塞勒斯Mistry获得16个卢比的薪酬由董事会被推翻之前2016年10月通过的不信任投票。

广告
Tata Sons置评。

内部人士表示,作为塔塔桑候选人,Mistry选择限制他的报酬与控股公司的盈利能力。

隆吉公司Mistry家族的子孙,塞勒斯是塔塔儿子的最大个人股东与他的弟弟Shapoor Mistry, 18.4%。

Chandrasekaran负责第一non-Parsi印度集团主席已经成功地保持良好的方程与塔塔所有利益相关者,集团高层官员说。

塔塔集团重组企业强调利润,成为更精简、更敏捷的企业结构,据报道,32个控股公司通过战略的整合和协同作用。该组织创建业务垂直航空和国防等扩大核心业务像钢铁和关闭那些无法扩大。

“Chandrasekaran加薪可能证明的责任推在他身上。这并不是一件容易的事,”一个说国外经纪公司投资分析师。

“话虽如此,加薪通常必须看着连同组的性能。特别是考虑到巨额减记和改善塔塔桑在操作水平有限。需要看看明年如何发展,”他补充道。

与此同时,集团首席财务官Saurabh Agrawal获得13.46卢比为九个月薪酬从6月27日开始,2017年,他被任命为。

广告
Agrawal策略主管是一个投资银行家,早前博拉集团之前加入了再见。

  • 2018年10月22日发表在十二11点坚持
是第一个发表评论。
现在评论

加入2 m +行业专业人士的社区

订阅我们的通讯最新见解与分析。乐动扑克

下载ETTelec乐动娱乐招聘om应用

  • 得到实时更新
  • 保存您最喜爱的文章
扫描下载应用程序

MUMBAI: Tata Sons<\/a> chairman N Chandrasekaran<\/a>’s remuneration nearly doubled in FY17-18 after he joined the holding company of the Tata group from Tata Consultancy Services.

In the year to March 2018, the 56-year old Tata group lifer earned Rs 55.11crore as remuneration — about 85% of which was in the form of commission and percentage of profit, Tata Son’s latest annual report showed.

Chandrasekaran got the top job at the $103 billion salt-tosoftware group in February 2017. The new chairman had received Rs 30.15 crore for 11 months he served as
TCS<\/a> managing director.

Chandrasekaran’s annual payout is nearly three times more than his predecessor
Cyrus Mistry<\/a>, who earned Rs 16 crore as remuneration before being ousted by the board through a vote of no-confidence in October 2016.

Tata Sons was unavailable for comment.

Insiders say that as a Tata Sons nominee on board, Mistry chose to cap his remuneration with the holding company’s profitability.

Cyrus, scion of the Pallonji Mistry family, is Tata Sons’ largest individual shareholder along with his brother Shapoor Mistry, with 18.4%.

Chandrasekaran took charge as the first non-Parsi chairman of the Indian conglomerate and has been successful in maintaining a good equation with all Tata stakeholders, top group officials said.

The Tata group is restructuring its businesses with an emphasis on margins, to become a leaner and more agile corporate structure with reportedly 32 holding companies through a strategy of consolidation and synergy. The group is creating business verticals such as aerospace and defence, scaling up core businesses like steel and shutting those that cannot be scaled up.

“Chandrasekaran’s salary increase probably justifies the responsibilities that have been thrust upon him. That is no easy task,” said an investment analyst at a foreign brokerage firm.

“Having said that, salary increases usually have to be looked at along with group performance. Especially given the huge write-offs and limited improvement of Tata Sons at operating level. One needs to take a look at how the next year pans out,” he added.

Meanwhile, group chief financial officer Saurabh Agrawal earned Rs 13.46 crore as remuneration for nine months starting June 27, 2017 when he was appointed.

Agrawal was an investment banker and former head of strategy at the Birla group before joining the Tatas.
<\/p><\/body>","next_sibling":[{"msid":66310559,"title":"Facebook logs in, Bengaluru now hosts all big five tech firms","entity_type":"ARTICLE","link":"\/news\/facebook-logs-in-bengaluru-now-hosts-all-big-five-tech-firms\/66310559","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[{"msid":"66309763","title":"nchandrasekharan-bccl","entity_type":"IMAGES","seopath":"tech\/ites\/n-chandrasekarans-salary-almost-doubles-in-leap-from-tcs-to-tata-sons\/nchandrasekharan-bccl","category_name":"N Chandrasekaran\u2019s salary almost doubles in leap from TCS to Tata Sons","synopsis":"Chandrasekaran took charge as the first non-Parsi chairman of the Indian conglomerate and has been successful in maintaining a good equation with all Tata stakeholders.","thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-174056\/66309763.cms?width=150&height=112","link":"\/image\/tech\/ites\/n-chandrasekarans-salary-almost-doubles-in-leap-from-tcs-to-tata-sons\/nchandrasekharan-bccl\/66309763"}],"seoschemas":false,"msid":66313275,"entity_type":"ARTICLE","title":"N Chandrasekaran\u2019s salary almost doubles in leap from TCS to Tata Sons","synopsis":"Chandrasekaran\u2019s annual payout is nearly three times more than his predecessor Cyrus Mistry, who earned Rs 16 crore as remuneration before being ousted by the board.","titleseo":"telecomnews\/n-chandrasekarans-salary-almost-doubles-in-leap-from-tcs-to-tata-sons","status":"ACTIVE","authors":[{"author_name":"Kala Vijayraghavan","author_link":"\/author\/4411\/kala-vijayraghavan","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/4411.cms?width=250&height=250","author_additional":{"thumbsize":false,"msid":4411,"author_name":"Kala Vijayraghavan","author_seo_name":"kala-vijayraghavan","designation":"Editor","agency":false}},{"author_name":"Sagar Malviya","author_link":"\/author\/479215157\/sagar-malviya","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/479215157.cms?width=250&height=250&imgsize=33053","author_additional":{"thumbsize":true,"msid":479215157,"author_name":"Sagar Malviya","author_seo_name":"sagar-malviya","designation":"Sr Asst Editor","agency":false}}],"Alttitle":{"minfo":""},"artag":"ET Bureau","artdate":"2018-10-22 12:11:21","lastupd":"2018-10-22 12:11:21","breadcrumbTags":["Tata Sons","n chandrasekaran package","tcs","N Chandrasekaran salary","cyrus mistry","N Chandrasekaran","Enterprise IT"],"secinfo":{"seolocation":"telecomnews\/n-chandrasekarans-salary-almost-doubles-in-leap-from-tcs-to-tata-sons"}}" data-news_link="//www.iser-br.com/news/n-chandrasekarans-salary-almost-doubles-in-leap-from-tcs-to-tata-sons/66313275">