Three Indians make it to Forbes' 100 powerful women list

Yoshita Singh
Boston, Oct 7 (PTI) Three Indian women, including ICICI
Bank chief Chanda Kochhar, on Thursday made it to the world's
100 most powerful women list compiled by Forbes magazine which
has put America's first lady Michelle Obama on top.
Indra Nooyi, the Chennai-born CEO of food and beverage
major PepsiCo, is ranked 6th, while Axis Bank's Chief
Executive Shikha Sharma is placed at 89th position and Kocchar
is at 92.
However, Sonia Gandhi, head of the the Congress Party
that leads the ruling coalition in the country, surprisingly
does not figure in this year's list released on Thursday.
In the annual list published last year, Forbes had ranked
Gandhi at the 13th position and had said that "Gandhi, the
Italian-born leader of India's most powerful political party,
the Indian National Congress Party, is still the country's
dominant force since she reluctantly entered politics in the
1990s."
This year, Forbes divided the 100 power women candidates
into four groups of politics, business, media and lifestyle.
It ranked the women in each group, and then group against
group.
Nooyi, Sharma and Kocchar have also been ranked
separately under the 'business' category. Nooyi is the second
most powerful woman in the world in the field of business
after Kraft Foods Chief Executive Irene Rosenfeld.
Out of the 39 women listed in the business category,
Sharma's rank is 33 and Kocchar's is 35.
Nooyi, whose total annual compensation package last year
was USD 10.6 million, nudged a USD 20 million slice of the
company's USD 616-million-a-year ad budget away from
traditional to social media spends.
Forbes said Pepsi's worldwide campaign, Pepsi Refresh,
allocates USD 1.3 million each month for a US project, such
as the recent 'Do Good For the Gulf,' which offers stipends to
build a shelter for animals whose owners lost their homes to
the oil spill and to provide mental health services and job
training.
"Brands have to speak to millenniums; young people want
to make a difference," Forbes quoted 54-year old Nooyi as
saying.
Referring to Sharma, Forbes said with the first year of
her three-year term as CEO of India's third-largest private
bank behind her, "it's time look forward" for the 49-year-old.
For Sharma, "much of the tough transitional work is
over, including fighting the very public opposition to her
getting the job from outgoing Axis chairman P J Nayak." PTI
YAS
EKA


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