Tata Steel MD (India and South East Asia) TV Narendran took home ₹8.17 crore as salary in 2016-17, an 11.87% increase from the previous year. Company Secretary Parvatheesam K received a hike of 24.98% with his remuneration rising to ₹1.53 crore. Independent directors, except Nusli Wadia who was voted out from board last year, saw their remuneration rise between 6.28%-77.95%.