RIL chief Mukesh Ambani draws nil salary
New Delhi, Jun 3: Richest Indian Mukesh Ambani drew no salary from his flagship firm Reliance Industries Ltd in the fiscal year ended March 31 as he voluntarily gave up remuneration in light of the pandemic hitting the business and the economy.
In its latest annual report, Reliance said Ambani's remuneration for financial year 2020-21 was "nil."
In the previous fiscal year, he drew a Rs 15 crore salary from the company - the same as in the previous 11 years.
Ambani has kept salary, perquisites, allowances and commission together at Rs 15 crore since 2008-09, forgoing over Rs 24 crore per annum.
"In light of the COVID-19 outbreak in India, which has exacted a huge toll on the societal, economic and industrial health of the nation, Mukesh D. Ambani, the Chairman and Managing Director, has voluntarily decided to forego his salary," the company had said in June last year.
Remuneration of his cousins Nikhil and Hital Meswani remained unchanged at Rs 24 crore but this time it included Rs 17.28 crore commission.
Executive Directors P M S Prasad and Pawan Kumar Kapil saw their remuneration go up after they got performance-linked incentives for two years.
While Prasad drew Rs 11.99 crore in 2020-21, up from Rs 11.15 crore in the previous year, Kapil got Rs 4.24 crore as against Rs 4.04 crore in 2019-20.
The payment of Prasad and Kapil included "performance-linked incentives for FY 2019-20 and FY 2020-21," the annual report said.
Ambani's wife Nita, a non-executive director on the company's board, earned Rs 8 lakh sitting fee and another Rs 1.65 crore commission for the year.
Apart from Ambani, the RIL board has Meswani brothers, Prasad and Kapil as wholetime directors.
Besides Nita Ambani, other non-executive directors include Yogendra P Trivedi, Dipak C Jain, Raghunath A Mashelkar, Adil Zainulbhai, Raminder Singh Gujral, Shumeet Banerji, former SBI chairperson Arundhati Bhattacharya and former CVC K V Chowdary.
All independent directors got a Rs 1.65 crore commission for the year besides a sitting fee of up to Rs 36 lakh.
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Actor Rajpal Yadav walks out of Tihar Jail after HC suspends sentence in cheque bounce cases
New Delhi (PTI): Actor Rajpal Yadav walked out of Tihar Jail on Tuesday evening after the Delhi High Court permitted his temporary release from jail in cheque bounce cases.
After all formalities were completed, Rajpal Yadav walked out of Tihar jail around 4.50 pm, a source said. He was granted relief after submitting Rs 1.5 crore to the complainant.
Speaking to reporters outside the jail, Yadav said he has received unwavering support from across the country.
“In 2027, I will have completed 30 years of working in Bollywood. Everyone has been with me. That is why I could do 200-250 films,” Yadav said.
The actor said he has always complied with the directions of the high court and would continue to do so, adding that he was available whenever required.
"The love and backing of people from across the nation remain with him, and that if there are any allegations, he is ready to respond fully and transparently," Yadav said.
“If anyone wanted legal details, they could speak to my advocate,” he added.
Justice Swarana Kanta Sharma granted interim suspension of the six-month sentence after noting that Yadav had deposited Rs 1.5 crore to the complainant, M/s Murali Projects Pvt Ltd.
"We are granting you an interim suspension of sentence... It is till the next date of hearing," the court said, while directing Yadav to surrender his passport and not leave the country without prior permission. The court also ordered him to remain present, either physically or virtually, on the next date of hearing on March 18.
Yadav had sought suspension of his sentence citing a marriage in his family on February 19.
Delhi: Actor Rajpal Yadav has been released from Tihar Jail pic.twitter.com/4iz1Jdbsi9
— IANS (@ians_india) February 17, 2026
