The RBI reported a moderation in net sales growth of select FDI companies to 9.3% in 2023-24 from 20.3% the previous year, attributed to the normalization of post-pandemic demand. Despite lower sales growth, cost rationalization led to a 20.4% increase in operating profits.
Tata Sons Chairman N Chandrasekaran’s salary package jumps 15% to Rs 156 crore
N Chandrasekaran earned ₹155.81 crore in FY25, up 15% YoY, cementing his spot as India’s highest-paid executive. Despite a 24.3% profit drop at Tata Sons,