Dravida Munnetra Kazhagam's Lok Sabha MP Dayanidhi Maran has accused his brother Kalanithi Maran of "financial crimes," and asked him to restore the entire shareholding position of Sun TV and related companies to their original state or face legal and regulatory action.
Kavery Kalanithi of Sun TV Group has retained her position as country's top paid business woman although her pay package declined to Rs 57 crore in 2012, according to Fortune magazine.
India's richest businessman, Mukesh Ambani is ranked at 33 with a salary of Rs 15 crore (Rs 150 million) annually.
Assets include Kalanithi Maran's shares worth Rs 139 cr in Sun Direct.
Media tycoon Kalanithi Maran and his wife Kavery Kalanithi have retained the top two slots among the highly paid executives in the country.
Despite Covid downturn, CEO salaries went up by an average of 19% in FY21.
Earlier, SC had given two weeks to prove Chidambaram deliberately granted FIPB clearance in 2006
The difficult period created by some "legacy issues" are over.
The analysis covers BSE 200 Index's 171 companies for which data on the compensation to the boards of directors for FY14 and FY13 are available.
Board has also accepted the resignations of Marans.
Officials said the agency had issued a notice to Karti to present himself in person or through an authorised representative and submit personal financial documents and those related to a firm this week.
Impact of the slowdown is most visible among promoter/owner-CEOs
The probe pertains to firms identified as Advantage Strategic Consulting Private Limited and Chess Global Advisory Services Pvt Ltd, where Karti had been a director
The combined pay for India Inc's top management was up 30 per cent in FY16, growing at the fastest pace in nine years
A majority of India's billionaires gained wealth in the last one year in spite of the stock market decline.
Few top honchos of India Inc did very well in 2014.
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