Unfair remuneration

IN Media Watch Briefs | 18/09/2016

The Mumbai-based proxy advisory Stakeholders Empowerment Services (SES) has advised shareholders of the Chennai-based Sun TV Network Ltd to vote against Kavery Kalanithi’s re-appointment as Director at the company’s AGM next Friday, on account of the company’s unfair remuneration practices,  reports   Business Line. She and her husband Kalanithi Maran draw annual salaries of Rs 71 crore plus  each,  which is 70 times higher than what is paid to the company's managing director and CEO.