Bandi Vijayakumar of HCL is India's highest paid IT firm CEO

HCL Technologies Ltd’s chief executive C Vijayakumar (Bandi) earned ₹123.13 crore ($16.52 million) last year, with three-fourths of his income in long-term benefits, making him the highest-paid boss among Indian software services firms.

Vijayakumar’s annual base salary totaled $2 million, $2 million in variable pay and $0.02 million in perquisites and other benefits for the year ended 31 March.  Mr Vijayakumar, Chief Executive Officer, did not receive any remuneration from the company. However, he received $4.13 million (equivalent to Rs 30.60 crores) as remuneration from HCL America Inc., a wholly-owned step-down subsidiary of the company, during the financial year 2020-21,

Vijayakumar was elevated as the managing director on July 20 last year after HCL founder Shiv Nadar stepped down.