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Cairn India pays outgoing CEO bonus of INR 2.51 crore

Cairn India's outgoing interim CEO was paid a bonus of INR 2.51 crore for 2013-14 but his total compensation was a third of what the firm's last full time chief executive got. P Elango, who on May 2 resigned from the post citing "personal reasons", was paid a salary of about INR 2 crore and perquisites of INR 33.56 lakh. Together with INR 2.51 crore bonus and performance incentives and INR 26.33 crore in retirement benefits, his total compensation in 2013-14 came to INR 5.11 crore, according to the company's latest annual report.

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