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The median compensation for non-promoter or professional CEOs rose 5 per cent year-on-year to Rs 10.5 crore in FY26, according to a Deloitte report. According to the survey, further noted that the median CEO compensation of Rs 10.5 crore marks the slowest growth since COVID-19, alongside evolving structures around incentives, stock-linked pay and the rising prominence of roles such as the Chief Digital Officer. "CXO compensation decisions in India have shown great maturity. Given the ongoing underperformance of Indian equity markets over the past 12-18 months, it is natural that pay increases were lower last year. "Market volatility and downside risks have only increased recently due to the ongoing geopolitical risks. We do not expect any knee-jerk reactions from Boards and Remuneration Committees, and they are likely to change course depending on how domestic and external events unfold," said Anandorup Ghose, Partner, Deloitte India. Among CXOs, CFOs witnessed the highest ...
Prime Minister Narendra Modi has met defence major Lockheed Martin's CEO Jim Taiclet and lauded its commitment to "Make in India, Make for World". The meeting took place on Thursday. "CEO of @LockheedMartin, Jim Taiclet met Prime Minister @narendramodi. Lockheed Martin is a key partner in India-US Aerospace and Defence Industrial cooperation. We welcome its commitment towards realising the vision of 'Make in India, Make for the World'," the Prime Minister's Office (PMO) said in a post on X. Sharing pictures of the meeting on X, Lockheed Martin in a post said, "CEO Jim Taiclet joined Hon'ble @narendramodi. As a trusted partner of over three decades, we recognize the promising talent and capabilities of the local industry and remain committed to strengthening the defense and industrial ties between our two nations.