slot with an annual pay packet of Rs 6.9 crore, followed by Vinita Singhania, MD of JK Laksmi Cement (Rs 5.9 crore) and Vinita Bali, MD, Britannia Industries (Rs 5.7 crore).
According to Fortune, the annual salaries of highest-paid women have reduced from last year.
HDFC Managing Director Renu Sud Karnad with a pay package of Rs 5.1 crore and Suneeta Reddy Joint MD Apollo Hospitals Rs 5 crore cornered the sixth and seventh position, respectively.
ICICI Bank MD and CEO Chanda Kochhar whose annual pay package is at Rs 4.24 crore scored eighth on the chart.
Interestingly, Kochhar has been named as the most powerful woman in Indian business for the second consecutive by Fortune.
Besides, TAFE Chairperson Mallika Srinivasan and Capgemini India CEO Aruna Jayanthi are at second and third place, respectively, in the most powerful women category.
Among others in the highest paid women executives list are Sundram Fasteners Joint MD Arathi Krishna (Rs 4 crore) and Rupa Gurunath, Whole Time Director, India Cements (Rs 3.9crore).