Latest news with #Indian-owned
Time of India
19 hours ago
- Business
- Time of India
CEO pay in India averaged Rs 7.2 crore in FY24, MNCs offer higher salaries than Indian firms: Report
Advt Advt Join the community of 2M+ industry professionals. Subscribe to Newsletter to get latest insights & analysis in your inbox. All about ETHRWorld industry right on your smartphone! Download the ETHRWorld App and get the Realtime updates and Save your favourite articles. The average compensation for Chief Executive Officers (CEOs) in India's listed companies touched Rs 7.2 crore, growing at an annual rate of 9 per cent over the last decade, according to a report by executive search firm Resource report observed that Chief Financial Officers (CFOs), by comparison, drew an average of Rs 2.3 crore, with compensation levels rising 1.7 times over the same report indicates that CEO compensation has doubled in the last 10 years, while CFO pay has registered a significant, though relatively moderate, growth."CEO's compensation more than doubled, from Rs 3.3 crore in FY15, to Rs 7.2 crore in FY24 - a 9 per cent CAGR growth over a 10-year period," the report CEOs in the manufacturing sector continue to command some of the highest pay packages, while CFOs in service-led industries have emerged as top earners among their peers.A notable regional disparity also comes through in the data as CEOs and CFOs in northern India command the highest compensation across the country, while those based in the east consistently earn the east. The trend holds across sectors and company structure also plays a decisive role in executive compensation. Multinational corporations, according to the report, continue to outpace Indian-owned firms in terms of pay at the top levels. Additionally, companies that cross critical turnover thresholds of Rs 5,000 crore, Rs 50,000 crore and Rs 1 lakh crore show a sharp upward inflexion in executive observation also shows a stark difference in pay between multinational firms and Indian firms. According to the report, multinational companies (MNCs) in India pay their employees about 10-11 per cent more than similar-sized Indian CEO Compensation Report 2025 and CFO Compensation Report 2025 are the outcome of a three-month analysis of annual reports from nearly 1,000 listed companies, coupled with open-source financial data in the public over 20 industry sectors and backed by data from FY15 to FY24, the report positions itself as one of the most comprehensive compensation studies for top leadership roles in the country.
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Business Standard
20 hours ago
- Business
- Business Standard
Zepto FY25 revenue increases 149% to ₹11,110 crore ahead of IPO plans
The revenue of quick commerce unicorn Zepto rose 149.4 per cent in the financial year 2025 (FY25) to ₹11,110 crore. The company's revenue stood at ₹4,454 crore in FY24. The growth numbers come as Elcid Investments, a Mumbai-headquartered non-banking financial company, invested ₹7.5 crore in the firm as part of its ongoing funding round. As a result, Elcid Investments has acquired a 0.039 per cent stake in the company. With this investment, Zepto said its valuation remains more than $5 billion. In May this year, Motilal Oswal and Raamdeo Agrawal, the founders of Motilal Oswal Financial Services Limited, bought shares worth $100 million in Zepto, investing $50 million each in their personal capacity. Edelweiss and Hero FinCorp were also due to participate in the round. Zepto is currently finalising a $500 million secondary funding round, according to a media report. Lately, Zepto has been increasing the shareholding of domestic investors in the company, and it plans to have over 50 per cent domestic ownership before its initial public offering, a source had earlier said. Zepto is planning to go public either in late 2025 or in early 2026. In January this year, the company also shifted its domicile from Singapore to India to align with listing regulations. Before the release of FY24's results, Zepto co-founder and chief executive officer, Aadit Palicha, said in a media interview: 'We are willing to commit that within the next financial year, sometime in FY26, we will become a full Indian-owned company.' Compared to Zepto, its rival Blinkit's revenue in Q1FY26 touched ₹2,400 crore, up 154.7 per cent from the corresponding quarter last year. Overall, in FY25, Eternal's revenue from operations (the parent company of Blinkit) rose to ₹20,243 crore from ₹12,114 crore in FY24.
Time of India
a day ago
- Business
- Time of India
CEO salary at listed firms doubles to Rs 7.2 crore in a decade; CFO pay lags with 1.7x rise — Manufacturing, MNCs drive the hike: Report
AI-generated image The average salary for CEOs of listed companies in India reached Rs 7.2 crore, reflecting a compound annual growth rate (CAGR) of 9 per cent over the past decade, according to a new study by Resource Bridge, cited by ANI. In comparison, CFOs earned an average of Rs 2.3 crore, with their pay increasing 1.7 times during the same period. While CEO remuneration has doubled since FY15, CFO pay has shown more moderate but meaningful growth. "CEO's compensation more than doubled, from Rs 3.3 crore in FY15, to Rs 7.2 crore in FY24 — a 9 per cent CAGR growth over a 10-year period," the report claimed. Sectoral trends reveal that CEOs in the manufacturing sector enjoy the highest compensation packages, whereas CFOs in service-oriented industries lead in terms of earnings. A regional breakdown shows that executives based in northern India receive the highest compensation nationwide, while those in eastern India earn the least- regardless of sector or company size. The study also points to the impact of corporate ownership on executive pay. Multinational companies operating in India tend to offer significantly higher compensation than Indian-owned firms at the senior leadership level. Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Villas Prices In Dubai Might Be More Affordable Than You Think Villas In Dubai | Search Ads Get Quote Undo by Taboola by Taboola Companies with revenue above Rs 5,000 crore, Rs 50,000 crore, and Rs 1 lakh crore show notable increases in executive salaries. The report adds that multinational companies in India offer around 10–11 per cent higher compensation than Indian firms of comparable scale. The CEO and CFO Compensation Reports 2025 are based on a detailed analysis of the annual reports of approximately 1,000 listed companies, along with publicly available financial data. Covering more than 20 industries and a ten-year span from FY15 to FY24, the study is among the most comprehensive examinations of senior executive pay in the country. Stay informed with the latest business news, updates on bank holidays and public holidays . Discover stories of India's leading eco-innovators at Ecopreneur Honours 2025
Mint
a day ago
- Business
- Mint
CEO pay in India averaged ₹7.2 crore in FY24, MNCs offer higher salaries than Indian firms: Report
New Delhi [India], July 30 (ANI): The average compensation for Chief Executive Officers (CEOs) in India's listed companies touched ₹ 7.2 crore, growing at an annual rate of 9 per cent over the last decade, according to a report by executive search firm Resource Bridge. The report observed that Chief Financial Officers (CFOs), by comparison, drew an average of ₹ 2.3 crore, with compensation levels rising 1.7 times over the same period. The report indicates that CEO compensation has doubled in the last 10 years, while CFO pay has registered a significant, though relatively moderate, growth. "CEO's compensation more than doubled, from ₹ 3.3 crore in FY15, to ₹ 7.2 crore in FY24 - a 9 per cent CAGR growth over a 10-year period," the report finds. Interestingly, CEOs in the manufacturing sector continue to command some of the highest pay packages, while CFOs in service-led industries have emerged as top earners among their peers. A notable regional disparity also comes through in the data as CEOs and CFOs in northern India command the highest compensation across the country, while those based in the east consistently earn the east. The trend holds across sectors and company sizes. Ownership structure also plays a decisive role in executive compensation. Multinational corporations, according to the report, continue to outpace Indian-owned firms in terms of pay at the top levels. Additionally, companies that cross critical turnover thresholds of ₹ 5,000 crore, ₹ 50,000 crore and ₹ 1 lakh crore show a sharp upward inflexion in executive pay. The observation also shows a stark difference in pay between multinational firms and Indian firms. According to the report, multinational companies (MNCs) in India pay their employees about 10-11 per cent more than similar-sized Indian companies. The CEO Compensation Report 2025 and CFO Compensation Report 2025 are the outcome of a three-month analysis of annual reports from nearly 1,000 listed companies, coupled with open-source financial data in the public domain. Spanning over 20 industry sectors and backed by data from FY15 to FY24, the report positions itself as one of the most comprehensive compensation studies for top leadership roles in the country. (ANI)
Mint
a day ago
- Business
- Mint
CEO pay in India averaged ₹7.2 crore in FY24, MNCs offer higher salaries than Indian firms: Report
New Delhi [India], July 30 (ANI): The average compensation for Chief Executive Officers (CEOs) in India's listed companies touched ₹ 7.2 crore, growing at an annual rate of 9 per cent over the last decade, according to a report by executive search firm Resource Bridge. The report observed that Chief Financial Officers (CFOs), by comparison, drew an average of ₹ 2.3 crore, with compensation levels rising 1.7 times over the same period. The report indicates that CEO compensation has doubled in the last 10 years, while CFO pay has registered a significant, though relatively moderate, growth. "CEO's compensation more than doubled, from ₹ 3.3 crore in FY15, to ₹ 7.2 crore in FY24 - a 9 per cent CAGR growth over a 10-year period," the report finds. Interestingly, CEOs in the manufacturing sector continue to command some of the highest pay packages, while CFOs in service-led industries have emerged as top earners among their peers. A notable regional disparity also comes through in the data as CEOs and CFOs in northern India command the highest compensation across the country, while those based in the east consistently earn the east. The trend holds across sectors and company sizes. Ownership structure also plays a decisive role in executive compensation. Multinational corporations, according to the report, continue to outpace Indian-owned firms in terms of pay at the top levels. Additionally, companies that cross critical turnover thresholds of ₹ 5,000 crore, ₹ 50,000 crore and ₹ 1 lakh crore show a sharp upward inflexion in executive pay. The observation also shows a stark difference in pay between multinational firms and Indian firms. According to the report, multinational companies (MNCs) in India pay their employees about 10-11 per cent more than similar-sized Indian companies. The CEO Compensation Report 2025 and CFO Compensation Report 2025 are the outcome of a three-month analysis of annual reports from nearly 1,000 listed companies, coupled with open-source financial data in the public domain.
