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Cover story | August 16, 2015

Are Indian CEOs overpaid?

Are Indian CEOs overpaid?

Corner-office salaries are moving northwards even as junior and mid-level pay remains stagnant, widening the compensation divide among ranks.

August 16, 2015

Editor's Note

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C-Suite Salary

Our cover story finds out whether Indian CEOs are overpaid or underpaid - vis-a-vis their global counterparts.

Book

Book review: Managing India By S.L. Rao

The book dwells on the problems confronting India but only skims the surface.

The Tale of a Resilient Nation

Despite its length, the book is well worth a read for lay readers and scholars alike.

People

PeopleBusiness

Newsmakers: Featuring Amitabh Bachchan, N.R. Narayana Murthy, Ginni Rometty, Kim Ki-Wan, C. Sivasankaran

Leadership Spotlight

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'Eduskills will become India's mainstay'

Globsyn Group's Founder and Executive Chairman Bikram Dasgupta shares his views on Skill India.

Trends

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Social networks will play key role in our finances

As Facebook Messenger's payment service goes live in the US, and Ping Pay takes off in India, it's clear that social networks will play a role in our finances. However, security is the biggest concern.

Features

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Iran nuclear deal could help India boost business

Sanctions on Iran are set to be lifted following the historic deal. India sees this as a 'golden opportunity', not just for investments within Iran, but also to strengthen the connectivity towards Afghanistan and subsequently to Central Asia, circumventing Pakistan.

HLC provides quality education to poor kids

Hippocampus Learning Centre, started by IIT Madras alumnus Umesh Malhotra, runs a chain of rural schools which focus only on nursery school education and operates in towns and villages with less than 15,000 people.

'We're an ethically driven value-based company'

Frank Stangenberg-Haverkamp, the chief of E. Merck KG, shares his views with P.B. Jayakumar on the company's plans to focus on cancer research and their recipe for growth. Excerpts-

A sneak peek into India's first zero-energy building

Indira Paryavaran Bhawan in New Delhi is India's first zero-energy building. A zero-energy building uses much less energy than conventional buildings.

Firms bank on innovative technology to save water

While the Netherlands-based Dutch Rainmaker is capturing fresh water droplets through wind turbines, Proklean Technologies, which operates out of Chennai, is bringing about a revolution by replacing water-polluting toxins with biodegradable solutions.

Cleantech could help us tackle global warming

Realising that clean technologies will be its primary weapon to win the battle against global warming, India has put in place certain measures. Supercritical thermal power plants and technology to convert garbage into fuel are some of them.

Marching Towards Sustainable Agriculture

The development and application of environmentally benign clean technologies is an area where business houses can help through their CSR programmes

How Shell India plans to make fuel from garbage

A catalyst being developed by Shell Technology Centre Bangalore (STCB), one of the three tech hubs of Shell besides the ones in Houston and Amsterdam, holds out the promise of converting agricultural and municipal waste into liquid transport fuel.

How the world of big data is saving resources

Welcome to the world of big data, which is helping governments, global corporations and municipal bodies address resource challenges and drive the use of clean technologies.

Firms bank on next-gen tech for green vehicles

Automakers are also working to reduce the size of engines and weight of the car's body to lower fuel usage. Compact engines mean lesser displacement, lower friction and so lesser loss of energy.

Firms adopt cutting-edge tech for green energy

Hundreds of companies across the world are spending a lot of time and money to make production of renewable energy more efficient to close the price gap with energy from conventional sources such as coal.

Letters

Letters to the Editor

Business Today readers share their feedback on the magazine's coverage.

Technology

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HTC One E9+ offers a powerful performance

The HTC One E9+ has the features of a flagship smartphone, with a mid-segment price tag. It is sleek at 7.9 mm and has a bright 5.5-inch 2K display (1,440x2,560 pixel) that offers crisp, clear text and great viewing angles.

Best personal assistant apps for everyday chores

From buying grocery and seeking the help of a locksmith, to lodging a complaint or towing a car at the dead of the night, convenience service apps help you get everything done.

Focus

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For PSUs, disinvestment programme remains a non-starter

According to the Public Enterprises Survey (2012/13), 79 lossmaking PSUs, including bigwigs like Air India and BSNL, are bleeding cash and have survived only on budgetary allocations.

Amaravati - the proposed new capital of Andhra - faces funding crisis

The entire project will be around Rs 1.5 lakh crore.  State officials expect the Centre to release at least Rs 1,000 crore annually for the next three years, but a big funding gap will still remain.

Ranbaxy deal poses big challenge to Sun Pharma

After the merger with Ranbaxy, Sun's profit margins have fallen from 32-35 per cent to 18 per cent. Also, its Founder Dilip Shanghvi has said that the 2015/16 consolidated revenues would remain flat.

DoT report on net neutrality spells tough times for OTT players

The DoT panel's recommendations have opened a Pandora's box instead of clearing the air around simmering feud between telecom operators and over-the-top service players, led by WhatsApp, Skype and Viber.

Fall in commodity prices hurting Corporate India

Prices of most commodities are expected to keep falling in 2015, according to a report released by the World Bank early this year. On the consumption side, subdued growth in rural wages have impacted demand in rural areas.

Academic freedom must for quality education

"What is required is not to impose more controls and take away autonomy but give greater freedom hand in hand with greater accountability", writes ISB's Kavil Ramachandran.

Chiaroscuro

Upfront

Events to look out for in August.

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