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Forbes mentioned 4 Indian women in its list of world’s 100 Most Powerful Women. Arundhati Bhattacharya, Chairman, State Bank of India (SBI) leads the list among Indian women, considering that Arundhati leading India’s largest lender.
List of women who made it to Forbes list of world’s 100 Most Powerful Women:
Name | Organization | Global Rank |
|---|---|---|
Arundhati Bhattacharya | State Bank of India | 25 |
Chanda Kochhar | ICICI Bank | 40 |
Kiran Mazumdar-Shaw | Biocon | 77 |
Shobhana Bhartia | HT Media | 93 |
The magazine stated, "Mazumdar-Shaw's Biocon is a pioneer in the field of biopharmaceuticals and clinical research, and Bhartia's HT Media is a media house with interests ranging from newspapers and radio stations to online job portals and education."
The list was comprised based on the women tat fall in seven categories that include Billionaires, business, finance, media, politics, philanthropists and NGOs, and technology.
US-based Indra Nooyi of the Indian-origin, Chief Executive of PepsiCo was also on the list.
"While the highlight of 2015 may have been Pepsi's 50th anniversary celebration, PepsiCo's CEO Indra Nooyi is greeting a new era by pronouncing that Pepsi is no longer a soda company," said the magazine.
The magazine also mentioned the times of turmoil State Bank of India is facing and the challenges it brings for Arundhati. Bad loans that stood at $11 billion in December and caused net profit to drop more than 60 per cent to $190 million in a recent quarter has left her surrounded with problems. Kochhar was talked about in the same line of sight.
Forbes praised Mazumdar-Shaw’s effort at launching the initial public offering of Biocon's flourishing research arm, Syngene International, last August, despite of instability in stock market. The magazine said, "With a recent market cap of $1.1 billion, Syngene shares are up more than 52 per cent from its IPO."
Shobhana Bhartia was called a "media baroness" by the magazine, taking into account her that she is the chair and editorial director for India's largest listed media company, HT Media.
