Business Today

No Headstart

Most CEOs started with modest salaries which pale in comparison with what they earn today.

When Anil Manibhai Naik joined the engineering and infrastructure behemoth Larsen and Toubro in 1965 as a junior engineer, his ambition was to earn at least Rs 1,000 a month before he retired.

Naik's first monthly salary in the company was Rs 670 and he had no idea then that he would retire from the company 52 years later as one of its most celebrated top bosses and as one of

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