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independent directors: India's top independent directors see a surge in compensation, with 151 in the crore-plus club in FY23

In the financial year 2023, India witnessed a notable increase in the compensation of independent directors, with 151 individuals joining the crore-plus pay club compared to 67 in FY18. The data, based on Nifty-500 companies, revealed that the ten highest-paid independent directors earned between Rs 3.21 crore and Rs 6.74 crore.

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TCS Q2 results: HDFC's Keki Mistry, two others join company's board

Keki Minoo Mistry was the CEO and Vice Chairman of HDFC Ltd since 2010. Post its merger with HDFC Bank, he joined the bank as an additional and Non- Executive Director (Non-Independent) on June 30, 2023. He is also the Non-Executive Chairman of HDFC Ergo General Insurance Company Limited.

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