salary of cio in india: Meet Sriharsha Majety, IIM alumnus, founder and CEO of Rs 87,500 crore company
Kalanithi Maran with his contribution has made Sun Group a successful salary of cio in india that deals with media and now is one of the highest-paid CEO of a company in India. He and his wife took R 87.5 crore each in FY22, which included ex-gratia and bonus. Ajay Srinivasan is the CEO of Aditya Birla Group, he joined the company in 2007. Prior to that he was also the chief executive fund management at Prudential Corporation Asia.
Om, as he’s fondly called, has a bachelor’s degree in veterinary science and a PGDM from IIM Ahmedabad. Om Manchanda’s salary was last reported at more than Rs 33.20 crore in FY22. CEO of Tech Mahindra – C P Gurnani SalaryThe MD and CEO of Tech Mahindra spearheaded the aggregation of Mahindra Satyam with Tech Mahindra. C P Gurnani has been a part of many big shots such as HCL Corporation and Petrot Systems. He was the E&Y ‘Entrepreneur of the Year’, and CNBC Asia’s ‘India Business Leader of the Year’ in 2013.
The base salary of the Chief Information Technology Officer may get paid difference by industry, location, and factors. Kunal Mehta joins retail brand Fabindia Overseas as its group chief technology officer. Mehta brings in 20 years of experience, 16 of which he spent in retail and the manufacturing sector where his primary responsibilities were enterprise IT operations and IT strategy. Vishwanathan’s career as an IT leader started at GE in Fairfield, Connecticut, where she moved into IT project management from her initial role in audit.
Mohit Malhotra took the charge of CEO in 2019 and is working tirelessly to bring the company to the peak of success since then. Malhotra received Rs 14.60 crore as his salary in FY22, which mounted by 42.85% from the Rs 10.22 crore in remuneration he received in FY21. Mukesh Ambani – Highest paid CEO in IndiaOne of the richest people in India and also the world, Mukesh Ambani is the CEO of one of India’s most valuable companies Reliance Industries.
T. V. Narendran is the CEO of Tata Steel, on eof the world’s largest steel producer. He took the charge in the year 2017 and has done his MBA from IIM Calcutta. The steel making company is situated in Jamshedpur, India, although its headquarters is situated in Mumbai, India. He received a salary of INR 15.58 Crore when last reported in FY21.
Therefore, if the basic salary is too high, it will result in increased tax and PF liabilities, and if it is kept too low, it could violate the minimum wage norms. The CTC, or cost-to-company, is the total salary package that the company offers an employee during recruitment. Having said that, it is essential to note that CTC is never equal to the take-home pay received at the end of the month. Nithin Kamath receives a monthly base salary of Rs. 4.16 crore, according to a salary breakup by Hindu Business Line. Additional compensation includes Rs 2 crore for housing rent, Rs 1.6 crore for other perks, and Rs 41 lakh for extra allowances.
How can Chief Information Security Officers increase their salary?
Not only that, in 2017 he was ranked 8th by India Today magazine on India’s Most Powerful People 2017. He has contributed to the pharmaceutical industry immensely for which the Government of India honoured him with Padma Shri in 2016. Sanghvi drew a salary of Re 1 during FY18-19, which made him one of the lowest-paid CEOs in the pharmaceutical industry. Kalanithi Maran – CEO, Sun Group | Highest paid CEO in IndiaKalanithi Maran founded Sun Group in the year 1993, a media conglomerate company, the headquarters are in Chennai, India. The organization consists of 48 FM Radio stations two newspapers, five magazines, one DTH satellite service, and an IPL franchise.
Most recently, he was group CTO at Aakash Educational Services where he developed capabilities in-house for faster and sustainable growth. He has also held CTO roles at Policy Bazaar and Lava International, and led engineering at IndiaHomes.com and Tyroo Media, and Vriti Infocom. Ramamoorthy has more than 30 years of experience in the BFSI technology space. He was previously senior VP of payments at FIS, where he led the financial technology provider for Europe, Asia-Pacific, Middle East, and Africa.
What is the Titan CEO salary?
Along with Amit Goenka, the president of Zee’s digital businesses and platforms, he will also work on enhancing customer experience across ZEE5, the company’s on-demand internet streaming platform. Previously, he was head of IT at PNB Housing Finance Ltd., where he led digitization of company’s processes and systems, and before that worked at Nucleus Software Exports and ICICI Bank. He has 20 years’ experience in IT strategy, architecture, implementation, and governance, and is a qualified Chartered Accountant with a certification in contemporary business analytics practices from IIM Kolkata. Sumit Chadha has joined India Mortgage Guarantee Corp. as chief information officer, where he will spearhead technology initiatives and strengthen competitive capabilities. At Reliance Entertainment, he designed the first private cloud Infrastructure-as-a-service model and hybrid cloud, driving the digital business profitability.
Professionals with experience of more than five years tend to earn on average 36% more than those with five years or less of work experience. The median salary is 29,500 INR per month, which means that half (50%) of people working in Information Technology are earning less than 29,500 INR while the other half are earning more than 29,500 INR. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary. His father used to own a restaurant while his mother was a doctor. Majety pursued engineering far from home at the prestigious Birla Institute of Technology and Sciences in Rajasthan’s Pilani.
He went on to spearhead IT for Unilever’s sales function and to drive digitization for the newly acquired nutrition https://1investing.in/. Formerly head of digital at Hindustan Coca-Cola Beverages, Annapurna Vishwanathan has joined Cummins India as CIO. Formerly CTO at jewellery retailer Tribhovandas Bhimji Zaveri , Jaiswal has over 20 years of experience in IT.
Apollo Tyres appoints Kuldeep Goyal as head of global IT infrastructure and cybersecurity
The increased demand for experienced IT leaders has made the space extremely dynamic. CIO India is here with a regularly updated list of the latest CIO movements across the country. An updated list of information technology executives moving to new chief information officer roles at organisations in India.
- He makes the company one of the strongest ones in the country by his leadership and since then it has never looked back.
- These allowances depend on the location, designation and your job role and are provided over and above the basic salary.
- Previously, he held CIO positions at CMS Infosystems and Allied Blenders and Distillers.
- Quickly search for salaries in other careers and locations in our salary database.
- Agrawal was recenty promoted to the position of the CEO of Twitter on November 29, 2021, replacing Jack Dorsey, who stepped down.
Suggest a salary that is slightly higher than your target, this will give you room to negotiate a lower amount but still meet your needs. Most hiring managers in India expect job candidates to negotiate salary. By doing this you will demonstrate that you are confident in your abilities and comfortable taking initiative which are traits that are beneficial for almost any role. You should try to negotiate the highest starting salary of the Chief Information Technology Officer position that you can in India. This starting salary of the Chief Information Technology Officer position will become the basis for all future increases while you are employed at the firm. A lower starting salary will result in smaller raises, even if the % increase is large, so try to maximize that starting base salary amount.
After getting master’s degrees in both India and the U.S., Chandrashekar worked as COO for the Sterling Infotech Group of companies. He joined Manpower in 2008 and in 2012 was put in charge of IT, with the goal of improving operational performance with a metric-oriented framework. The national average salary for a CIO is ₹12,00,000 per year in India.
Salary Comparison By Gender in India for all Careers
Zomato, the company founded by Goyal, logged a loss of Rs 346.6 crore in the December 2022 quarter. However, despite the losses, Goyal thinks he can make Zomato a billion dollar plus company in the next 7-8 years. He recently said Zomato wants to continue to stay focussed on the long-term growth goals without worrying much about near-term growth pressures. At State level, employees of State Special Bureau will be reporting to Central Intelligence Officer. At National level, lot of intelligence collection is carried out by the Grade II employee.
In his previous role, Wagh was the group CTO of JM Financial, where he worked for over 12 years. He then moved to JP Morgan Stanley Securities, following which he served as director of information technology at UBS Securities. Rohilla has 30 years’ experience in IT management, a great deal of it involving SAP systems, and has worked at companies including Pidilite Industries, Azure Power, Tata Power, Cairn Energy, BSES Delhi, and Tata Chemicals. Somani has over 20 years of experience in the media and broadcasting and BFSI domains wherein he has led several complex transformation mandates and diverse technology operations.
Chandegara has over 20 years’ experience in managing IT and communication systems. He has assisted the top management in planning IT strategies and leveraging technologies for rationalizing manpower, enhancing organizational productivity, and improving the efficiency of operations. With more and more companies undertaking the journey of digital transformation, the role of the CIO has become critical.
The realised earnings from this component could drop to zero in case of poor share price and/or fundamental company performance. Nearly 25% of pay for CEOs was in the form of long-term incentives. Zomato CTO Gunjan Patidar earns Rs 1.5 crore and CFO Akshant Goyal earns a salary package of Rs 3.2 crore. The company’s food delivery CEO Rahul Ganjoo earns a salary package of Rs 2.9 crore. Zomato founder and CEO, Deepinder Goyal, has resigned from the board of Urban Company. He took the decision as Blinkit — a company owned by Zomato — has decided to enter the home services category, which is the core business of Urban Company.
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