Tata Group increased salary of senior employees, increased from 16 to 62%

Tata Group has increased the salary of its senior executives category officers by 16 to 62 percent. Due to which he has got great relief.

While companies all over the world are taking decisions like layoffs and salary cuts amid rising inflation, Tata Group has given great news to its employees. Due to which he has got great relief. Country giant Tata Group has increased the salary of its senior executives by 16 to 62 percent. In this way, the Rs 22 lakh crore Tata Group has given a wonderful gift to its top executives. The salaries of senior officers of Tata group companies Indian Hotels, Tata Power, Trent and Tata Consumer have been increased from 16 to 62%. Please tell that Tata Group operates about 30 companies in 10 verticals.

Know how much was paid to the CEO

According to media reports, Tata Group has paid Rs 5.12 crore as salary to P Venkateshalu, CEO of Trent Limited this year, which is about 62% more than the previous year. On the other hand, his counterpart Puneet Chatwal in Indian Hotels was given an annual salary of Rs 18.23 crore. In this way, an increase of 37% was recorded in his salary. Sunil D'Souza and Pradeep Bakshi, who are the CEOs of Tata Consumer and Voltas, were paid around Rs 9.5 crore and Rs 3.8 crore annually. Their salaries have been increased by 24% and 22% respectively.

Tata Power CEO's salary increased by 16%

The salary of the CEO of Tata Chemicals and Tata Power has been increased by 16 percent. The salaries of Tata Chemicals CEO R Mukundan and Tata Power CEO Praveer Sinha have increased by 16%. This year they were paid Rs 8 crore and Rs 9 crore respectively. According to the report, former CEO of Tata Consultancy Services (TCS) Rajesh Gopinathan has also been paid Rs 29.1 crore as remuneration.

Tata Group was established in 1868

The Tata Group was founded in the year 1868 by Jamshedji Tata. Its headquarter is located in the city of Mumbai and it is the largest business group in India. Its business is spread over 100 countries in 6 continents. During the year 2021-2022, the revenue of Tata Group companies was $ 128 billion i.e. about Rs 9.6 trillion. About 9,35,000 people work in 30 companies of Tata Group.