The richest person of India, Mukesh Ambani of the Reliance group, has capped his annual salary at 15 crores, from his Reliance Industries NSE -0.28%, and this is happening for the 10th consecutive year.
Since 2008, the business tycoon has kept his salary and allowances along with the commission and other benefits fixed at 15 crores, letting go off 24 cores. This is happening even as other directors of the company including Mukesh's cousins Hital and Nikhil Meswani's salaries were hiked.
This has been done as a managerial
compensation move, it is said. For 2017-18, he will be receiving 4.49 crores,
while this is higher slightly than 4.16 crores in 2016-17/ Nikhil and Hital's
salaries have increased to 19.99 crores. Mukesh's wife Nita Ambani who is the non
executive director gets a sitting fee of 6 lakhs.
Wife doesn't allow Husband to watch World Cup Football - His Friends carry his Cardboard Cut-Out to 'All Games' Mexico is on cloud nine as they won against the defending champions Germany 1-0 in their World Cup opening game. So, when you plan to travel for such a big tournament you definitely need advance planning. So, that's what was done by 5 Mexican friends as they decided to go all the way to watch FIFA World Cup games in 2014 itself.
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