Anand Mahindra’s salary rises 16.38% to Rs7.67 crore in FY17 - News Summed Up

Anand Mahindra’s salary rises 16.38% to Rs7.67 crore in FY17


M&M chairman Anand Mahindra. Photo: Pradeep Gaur/MintNew Delhi: Mahindra and Mahindra Ltd (M&M) chairman Anand Mahindra took home a salary of Rs7.67 crore during 2016-17, an increase of 16.38% from the previous fiscal, said the company’s annual report. In terms of ratio of his remuneration to that of the median remuneration of employees, it was 108:27, the report added. The ratio of Goenka’s remuneration to that of the median remuneration of employees was 104:43. “In the financial year, there was an increase of 0.43% in the median remuneration of employees,” it added.


Source: Mint August 07, 2017 10:17 UTC



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