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145228
Fri, 10/08/2010 - 10:03
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FORBES-INDIA Three Indian women figure in Forbes' powerful women list Yoshita Singh Boston, Oct 7 (PTI) Three Indian women, including Pepsi Co's head Indra Nooyi, figure in the Forbes' 1

FORBES-INDIA
Three Indian women figure in Forbes' powerful women list
Yoshita Singh
Boston, Oct 7 (PTI) Three Indian women, including
Pepsi Co's head Indra Nooyi, figure in the Forbes' 100 most
powerful women in the world topped by US First Lady Michelle
Obama.
India's southern region Chennai-born Nooyi, ranks 6th on
the list.
The other Indian women giving her company on the list
are Axis Bank's Chief Executive Shikha Sharma and ICICI Bank's
Chanda Kocchar.
Sharma is ranked 89 while Kocchar comes in at the 92nd
spot.
This year, Forbes has 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 PJ Nayak." (More)
PTI YAS
PRI


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