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Four Indian women among Fortune's International Power 50

Washington, Oct 20 (IANS) Four Indians led by ICICI Bank CEO Chanda Kochhar figure among Fortune magazine’s list of world’s top 50 women business leaders, while India-born PepsiCo chief Indra Nooyi is ranked second in a separate US list.

Kochhar has been ranked fourth, followed by National Stock Exchange (NSE) chief Chitra Ramkrishna at 17th, Axis Bank’s Shikha Sharma at 32nd and HSBC’s Naina Lal Kidwai at 42nd place among the Indians on the international list.

Kochhar, managing director and CEO of India’s largest private sector bank, has moved up one position from her fifth position on the 2012 list, while NSE’s Ramkrishna has made it to the list for the first time.

Shikha Sharma and Naina Lal Kidwai were ranked 37th and 40th, respectively, on Fortune’s international list of most powerful business women last year.

On Chitra Ramkrishna, who figures among 12 women newcomers “changing the face of global power”, Fortune said she made history as the first woman to head an exchange in India.

“The National Stock Exchange lifer, who was part of the core five-member team selected by the government to create a screen-based exchange in 1993, has shattered the glass ceiling, making history as the first woman to head an exchange in India,” Fortune said.

The board is banking on her 20 years of experience to oversee India’s largest exchange – seventh largest in the world – with a total listed market capitalisation of some $1 trillion, it added.

About Nooyi, who retains her second position on the US list, the magazine said “the largest food and beverage company in the US saw shares hit an all-time high earlier this year”.

“Nooyi has expanded beyond the flat domestic soda business, entering fast-growing categories like yogurt and hummus,” it said noting that “Pepsi today boasts 22 billion-dollar brands”.

The international list is topped by Brazilian energy giant Petrobras’ CEO Maria Das Gracas Foster, followed by Turkish conglomerate Sabanci Holding’s Guler Sabanci at the second and Australian banking giant Westpac’s CEO Gail Kelly at the third.

The US list continues to be topped by technology giant IBM’s Ginni Rometty. DuPont’s Ellen Kullman is ranked third, followed by Lockheed Martin’s Marillyn Hewson and Facebook’s Sheryl Sandberg at the fourth and fifth positions, respectively.

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