TCS CEO's salary up 14% to Rs 21.2 crore

N Chandrasekaran, chief executive officer and managing director of Tata Consultancy Services, saw his salary package going up by about 14 per cent to Rs 21.28 crore (Rs 212.8 million) in the 2014-15 fiscal from the year-ago period.

The head of India's largest software services firm had taken home a package of Rs 18.68 crore (Rs 186.8 million) in the 2013-14 financial year.

According to the company's annual report, Chandrasekaran received Rs 1.79 crore (Rs 17.9 million) in salary, Rs 2.62 crore (Rs 26.2 million) in value of perquisites, Rs 16 crore (Rs 160 million) in commission and Rs 86.61 lakh (Rs 8.66 million) under other heads and allowances.

Besides, he holds 88,528 shares in the Tata group firm.

TCS chief financial officer Rajesh Gopinathan took home a package of Rs 2.14 crore (Rs 21.4 million) in the 2014-15 fiscal.

Meanwhile, Infosys chief executive officer Vishal Sikka's pay package stood at Rs 4.56 crore (Rs 45.6 million) in the said year, while T K Kurien -- CEO of

India's third-largest software services firm Wipro -- received over 33 per cent hike to $1.46 million (about Rs 9.3 crore) in 2014-15 fiscal.

Image: N Chandrasekaran; Photograph: Reuters