Queen Nooyi rocks American business world
PepsiCo CEO Indra Nooyi continues to reign as the most powerful businesswoman in the US, according to Fortune magazine. Reliance recipe of creating wealth
Nooyi, the first woman chief executive of food and beverages giant Pepsico, made it to the top of the list last year. She continues her reign, while beating competition from familiar foes - Xerox's Anne Mulcahy and eBay's Meg Whitman.
Her Indian cousins made a commendable apperance in Fortune's international list of 50 most powerful women in business, making it to the 33rd, 38th and 50th positions.
ICICI Bank's Chanda Kochhar jumped four ranks from last year to 33rd in this year's list. Likewise, HSBC India chief executive Naina Lal Kidwai improved her ranking by two positions to 38, but Biocon chief Kiran Mazumdar Shaw slipped two spots to land at 50.
Earlier, Nooyi said multinationals were creating the atmosphere for women to work, but this has to trickle down to maintain growth and development. "Women entering the workforce is imperative (for growth)".
HSBC India CEO Naina Lal Kidwai, who also participated in the discussion, said the time has come for India "to embrace the message that women are out to conquer".
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