No salary hike for Mukesh Ambani for 10 years; but how much does he get?

Nita Ambani, the chairman's wife, who is a non-executive and non-independent director on the board saw her compensation rise Rs 15.6 mn

Reliance Industries' (RIL) chairman and managing director Mukesh Ambani has again forgone a salary hike, according to the company's annual report. It is 10 years since he took one.

"(Annual) Compensation of Mukesh Ambani has been set at Rs 150 million, reflecting his desire to continue to set a personal example for moderation in managerial compensation levels," the company said in its latest annual report, for 2017-2018.

Ambani's pay comprises Rs 44.9 mn as salary and allowances, Rs 2.7 mn as perquisites, Rs 7.1 mn as retiral benefits and another Rs 95.3 mn as commission payable, according to details shared in the