Latest News

  • Home
  • National
  • Chutti, Anyone? Indian Executive Made Rs 19 Crore off the Leaves He Did Not Take
Chutti, Anyone? Indian Executive Made Rs 19 Crore off the Leaves He Did Not Take
Wednesday, January 30, 2019 IST
Chutti, Anyone? Indian Executive Made Rs 19 Crore off the Leaves He Did Not Take

The former L&T executive was $2.7 million or Rs 19 crore richer in 2018 after he enchased all the unused leaves he had accumulated in the last five decades.

 
 

There are several ways to show commitment to the job you love. Being regular is one of them.
 
However, Anilkumar Manibhai Naik, the now-retired non-executive chairman of infrastructure major L&T, took his passion for the job quite literally when he showed up on work regularly, for the last 50 years.
 
Believe it or not, Naik was $2.7 million or Rs 19 crore richer in 2018 after he enchased all the unused leaves he had accumulated in the last five decades, reported Business Insider.
 
The report further states that Naik's total payout, with a base salary of ₹27.3 million, came to ₹1.37 billion for the year.
 
Naik has recently been conferred the second-highest honour for civilians in the country - Padma Vibhushan on India's 70th Republic Day for his contribution in Trade & Industry-Infrastructure.
 
He had joined L&T in 1965 as a junior engineer and climbed the corporate ladder when he was promoted as the general manager in 1986. By 2003, Naik was the chairman of Larsen & Toubro Ltd.
 
Planning to call in sick and binge-watch that series? Think again.
 

 
 
 
 
 

Related Topics

 
 
 

Trending News & Articles

 Article
Here is the full list of 827 porn websites banned by the DoT

While the Uttarakhand High Court has asked to block 857 websites, the Ministry of Electronics and IT (Meity) found 30 portals without any pornographic content. ...

Recently posted . 61K views . 1 min read
 

 Article
Class XII Boys Raped 16-Year-old in Dehradun School After Watching Porn on Phone: Police

The four boys as well as five school officials, including the director and principal, were arrested after the incident. The minors were presented before the Juvenil...

Recently posted . 8K views . 1 min read
 

 Article
Sept 27,2001 Rahul Gandhi and his girl friend Veronique,was arrested in Logan airport in Boston

Rahul was having an Italian passport and was carrying suitcase full of dollars. Some say it was about was it $2 million. Rahul and his girl friend was th...

Recently posted . 7K views . 7 min read
 

 Article
TOP 10 GYM EQUIPMENT BRANDS IN INDIA 2017

True – Tr...

Recently posted . 6K views . 83 min read
 

 
 

More in National

 Article
VIP darshans at Tirupati temple to end soon? TTD Board willing to end system

The statement comes as the Andhra HC is hearing a plea seeking that the system be scrapped since it is discriminatory.

Recently posted. 518 views . 0 min read
 

 Article
7 things about equity mutual funds all investors may not know

Equity Mutual Funds are like a forward in a football game. Just like those offenders, equity MF not only gives a kick but also, balances your portfolio.

Recently posted. 964 views . 1 min read
 

 Article
Ratan Tata shares picture flying F18 Super Hornet on 82nd birthday; has a special message for youth

Ratan Tata, who turns 82 today, has been the most searched Indian businessman on search engine giant Google in 2019; he transformed the Tata Group from a convention...

Recently posted. 809 views . 1 min read
 

 Video
How to spy for India - RAW



Recently posted . 1K views
 

 Video
India Nepal Border Dispute



Recently posted . 596 views
 

 Article
13 children killed after school van collides with train at railway crossing in UP’s Kushinagar

The accident occurred on Thursday morning when the bus was passing an unmanned railway crossing. Chief Minister Yogi Adityanath has ordered a probe.

Recently posted. 614 views . 1 min read
 

 Article
Ram Nath Kovind wins Presidential election, to become 14th President of India

NDA  candidate Ram Nath Kovind wins the Presidential race. He will end up being the fourteenth President of India. Ram Nath Kovind collected 65.65 p...

Recently posted. 588 views . 3 min read
 

 
 
 

   Prashnavali

  Thought of the Day

“Success is simple. Do what’s right, the right way, at the right time.”
Anonymous

Be the first one to comment on this story

Close
Post Comment
Shibu Chandran
2 hours ago

Serving political interests in another person's illness is the lowest form of human value. A 70+ y old lady has cancer.

November 28, 2016 05:00 IST
Shibu Chandran
2 hours ago

Serving political interests in another person's illness is the lowest form of human value. A 70+ y old lady has cancer.

November 28, 2016 05:00 IST
Shibu Chandran
2 hours ago

Serving political interests in another person's illness is the lowest form of human value. A 70+ y old lady has cancer.

November 28, 2016 05:00 IST
Shibu Chandran
2 hours ago

Serving political interests in another person's illness is the lowest form of human value. A 70+ y old lady has cancer.

November 28, 2016 05:00 IST


ads
Back To Top