per cent in last fiscal due to the downturn in the business, Forster had left Tata Motors in 2011.
Interestingly, industry titans like Mukesh and Anil Ambani, Azim Premji, Anand Mahindra and Sunil Mittal does not figure in the top 10 highest paid persons list.
While Mittal (Rs 24.33 crore) is at 11th position, Amara Raja Batteries' Jayadev Galla (Rs 23.48 crore), Larsen and Toubro's A M Naik (Rs 21.06 crore), Hindalco's D Bhattacharya (Rs 20.61 crore) and JSW Steel's Sajjan Jindal (Rs 20.25 crore) occupy the next four slots in top 15 list.
Mukesh Ambani, once the country's highest-paid executive, is at 16th position with a remuneration of Rs 15 crore, which has remained unchanged for the fifth consecutive year now.
There are only six Sensex companies, whose top executives figure among the ten top-paid executives. However, majority of the Sensex companies, considered as top-30 blue chip firms, saw their top executives' packages rise in 2012-13.