Mukesh Ambani sets 'example' by taking hefty salary cut

Gas dispute case: RNRL versus Reliance

At the same time, India's most valued corporate house also announced a new structure for salaries and remuneration of top executives wherein the pay packets would be capped, as against the prevailing system of commission linked to profits.

Ambani brothers truce seen unlikely; hurdles remain

As a result of scaling down of his package from over Rs 44 crore in 2007-08 to Rs 15 crore, Mukesh Ambani would get a lot less than many other industrialists and executives heading companies with a size less than one-tenth of RIL.

It's time to reward shareholders: Mukesh

The development comes amid debate on whether or not there should be regulation on salaries of CEOs following suggestions by Corporate Affairs Minister Salman Khursheed. The Minister had, however, felt that Boards and shareholders should decide the packages.

Reliance dispute may hit investor mood

The compensation for the RIL Chairman and Managing Director for the latest fiscal is down 66 per cent from over Rs 44 crore in the previous year 2007-08 and is 98 per cent below the limit of five per cent of the net profit of the company, as per the Companies Act, RIL said.

Gas dispute case: RNRL versus Reliance