N Srinivasan
Rank: No 16
Company: India Cements Limited
Designation: Vice chairman and managing director
Compensation: Rs 12.13 crore (Rs 121.3 million)
India Cements market cap: Rs 3,027.61 crore (Rs 30.28 billion)
About: N Srinivasan is the son of India Cements founder T S Narayanaswami. Established in 1946, ICL set up its first plant in Tamil Nadu in 1949. Today, it has about seven cement manufacturing plants that can produce over 9 million tons per annum. Its activities span cement, sugar, shipping, power, trading and finance.
Coromandel Infotech India Limited, owned by ICL, is a software services company with over 275 staff, both in India and North America.
Srinivasan is on the board of several leading companies.
His passion for sports is reflected in the fact that IC paid $91 million to buy the Indian Premier League cricket team, Chennai Super Kings. He is also the treasurer of the Board of Control for Cricket in India. He is president, Tamil Nadu Golf Federation, Tamil Nadu Cricket Association and the All India Chess Federation.
Some of the other posts Srinivasan holds include:
~ Executive committee member, Federation of Indian Chambers and Commerce and Industry
~ Member, Tirumala Tirupati Devasthanam Board
~ Trustee, India Cements Educational Trust
~ President, India Cements Educational Society
Posts he has held in the past include
~ President, Cement Manufacturers' Association, for five terms
~ Chairman, National Council for Cement and Building Materials, for four terms
~ Chairman, Development Council for Cement Industry, constituted by the Government of India, for two terms
~ President, All India Organisation of Employers
~ Member, Prime Minister's High Profile Council of Trade and Industry
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