Mukesh Ambani caps salary at ₹15cr for 8th year
Reliance Industries’ Chairman Mukesh Ambani kept his annual salary capped at ₹15 crore for the eighth consecutive year, even as other executive directors took pay hikes. Notably, the Reliance board has approved a salary of ₹38.75 crore for Mukesh Ambani. Mukesh, the richest Indian, seeks to set a personal example for "moderation in managerial compensation levels", the company said.