₹137 crore, April 21 -- that was the targeted pay package for Cognizant's CEO in FY24. However, according to a filing with the United States Securities and Exchange Commission (US SEC), Ravi Kumar S earned Rs.70 crore.

We take a look at why the realised pay was lower than targeted, the breakdown of his pay package components, and how his salary compares to other chiefs of Indian information technology companies including Infosys, TCS and Wipro.

According to the company filing, Cognizant CEO Ravi Kumar's annual pay for FY24 rose to more than Rs.70 crore ($8.2 million), up 14 per cent from the previous year's salary, as per a Times of India (TOI) report.

It, however, noted that the realised compensation was lower than the target co...