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CEO-worker pay gap keeps widening

Amara Raja Batteries has topped the list of Indian Nifty 500 companies with the widest gap between CEO and median employee salaries, paying its CMD over ₹52 cr, 1,872 times the median employee salary. Small and mid-cap promoter-driven companies, such as Amber Enterprises and JK Paper and Balkrishna Ind, were also featured. The CEO pay hike across some firms was higher than that seen in employee remuneration.
United States Jayadev Galla Mphasis Corp Balaji Telefilms Amber Enterprises Balkrishna Industries

Kinetic Engineering sets up new firm to make EV motors, controllers and batteries

The new company will also get into the powertrains for EVs, with the primary focus on three key things -- motor, controller and battery, Firodia said, noting that the domestic EV players today do not have an integrated solution for motors, controllers and batteries.
United States Ajinkya Firodia Sulajja Firodia Motwani Kinetic Communications Kinetic Engineering Kinetic Watts

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