8 Indians in Fortune list of powerful Asia-Pacific women

Chanda Kochhar and Kiran Mazumdar-ShawAs many as eight Indian women, led by ICICI Bank chief Chanda Kochhar, have made it to the Fortune list of 25 most powerful women "shaping the new world order" in the Asia-Pacific region.
Kochhar, ranked highest among Indian women, has been ranked second across the region, while three others -- SBI's Arundhati Bhattacharya (4th), HPCL's Nishi Vasudeva (5th) and Axis Bank's Shikha Sharma (10th) -- have also made it to the top-10.
The list is topped by Australian banking major Westpac's chief Gail Kelly.
Other Indians on the top-25 list include Biocon chief Kiran Mazumdar-Shaw (19th), National Stock Exchange CEO Chitra Ramkrishna (22nd), HSBC's Naina Lal Kidwai (23rd) and TAFE Chairman and CEO Mallika Srinivasan (25th).
Releasing the latest rankings, the Fortune magazine said that women around the world are continuing to win the top jobs, so much so that more than a third of the women on this Asia-Pacific list are making their debut in the coveted list, including two from India.
The two Indian new entrants are Bhattacharya and Vasudeva.
"More and more businesswomen are taking tougher jobs and helming bigger firms. More than a third of the women on our Asia-Pacific list are making their MPW (most powerful women) debut," Fortune said.
Among Indians, Bhattacharya is ranked second after Kochhar and is the first woman to hold the three-year post at SBI, who oversees a 208-year-old institution with $400 billion in assets and 218,000 employees dispersed among 16,000 bank branches across India.
On the other hand, Vasudeva, 58, became the first woman to head an Indian oil company and is "and one of only four women to helm a Global Fortune 500 firm in the Asia-Pacific region".
NSE's Ramakrishna is the only woman on the list heading a stock exchange.
Meanwhile, PepsiCo's India-born CEO Indra Nooyi has been ranked third among world's most powerful business woman by Fortune in its worldwide list. Nooyi is only Indian-origin woman on this year's global list, which has been topped by IBM Chairman and CEO Ginni Rometty and General Motors CEO Mary Barra.

Read more at: http://indiatoday.intoday.in/story/8-indians-fortune-list-chanda-kochhar-powerful-women/1/384127.html

5 Life Lessons To Learn From Azim Premji

Azim Premj, the fourth richest person in India, is credited for diversifying Wipro, which was originally a manufacturer of vegetable and refined oils in Amalner, district Jalgaon in Maharashtra. The 69 year old business tycoon took charge at a young age of 21 and since then has been imparting many of the lessons he learnt during his career with India's youth. BI India puts together 5 life lessons that every budding entrepreneur can learn from him.


Know Your Strength

While it is important to know one's weaknesses, it is equally important to know one's strengths as well. Azim Premji has followed this throughout his life and turned what was then a $2 million hydrogenated cooking fat company into the $ 7 billion company, with a presence in 60 countries. At an event organized by AIMA and Bombay Management Association, he had said that it important to cherish the good in us because it is only our strengths that helps us correct our weaknesses.

Stay Grounded

Every entrepreneur can become successful. But what is important is to not let success go to your head. Or so says Premji. He has always advised young entrepreneurs to remain down to earth because the moment one lets success get into the head, he is already on his way to failure. He has also stressed on the fact that failure is as much a natural phenomenon as success is. So, when you encounter failure, always learn your lessons and move on!

Be Far-Sighted!

The 69 year old philanthropist believes change is inevitable. And so he advises everyone to develop their own early warning system, which sets the alarm and prepares one for the changes ahead. He believes 'being forewarned is being forearmed' even when things are going right.

Stick To Your Values! 

He has believed that one's value system forms the core of the business. Premji has time and again emphasized on the need for sticking to values because he firmly believes that success in business eventually but inevitably follows. He has said that once you stand by what you believe and don't compromise with it under any circumstances; he becomes resilient to stand up to crisis, a quality much adored in entrepreneurs!

Have Faith!

Azim Premji has always believed that it is important to have faith in one's own ideas, even when everyone around tells you it is impossible. It is this faith that has helped him diversify Wipro and make it an IT giant, not just in the country but across the globe.

Source:BusinessInsider

Indra Nooyi is world's third most powerful woman in business

PepsiCo's India-born CEO Indra Nooyi has been ranked third most powerful businesswoman by Fortune, the only Indian-origin woman on the 2014 list topped by IBM Chairman and CEO Ginni Rometty and General Motors CEO Mary Barra.

Fortune said nearly half the women on 'The Most Powerful Women in Business 2014' list run huge companies, which is a record and "all are working hard to transform their businesses."

Nooyi, 58, dropped from the second position she held last year to third.

PepsiCo CEO Indra Nooyi poses for a portrait by products at the Tops SuperMarket in Batavia, New York. Photograph: Don Heupel/Reuters

Fortune said her innovation push is paying off at PepsiCo, which has increased research and development spending by 25 per cent since 2011.

In 2013, of 50 bestselling new food and beverage products in the US, nine came from PepsiCo -- Starbucks Iced Coffee, Muller Quaker Yogurt, and Mountain Dew Kickstart.

"In July the company raised its profit growth forecast for the year, which should help Nooyi counter calls by activist investor Nelson Peltz to break up the food and beverage giant," the publication said.

Topping the list for the third time is Rometty, whose strategy of investing in new technologies is showing results.

Virginia Rometty. Photograph: Courtesy, IBM

Even though IBM's revenue declined for the second consecutive year, falling nearly 5 per cent to $99.8 billion in fiscal 2013, its revenue rose 69 per cent for each division last year.

Rometty has also signed strategic partnerships, such as a deal with Apple to provide IBM's services on the iOS platform. Rometty has also pledged to invest $1 billion in the development and commercialisation of the cognitive computing system, another future growth area for the company.

General Motors CEO Mary Barra. Photograph: Reuters

Making a huge jump in the rankings is General Motors CEO Mary Barra, who is ranked second this year up from the 29th position last year.

Barra became the auto industry's first female CEO in January and promptly faced GM's largest vehicle recall ever, 29 million so far from a faulty ignition switch linked to at least 13 deaths since 2005.

Lockheed Martin's Chairman, CEO, and President Marillyn Hewson

The list also includes aerospace and defence giant Lockheed Martin's Chairman, CEO, and President Marillyn Hewson at number 4.

DuPont CEO Ellen Kullman

Bioscience firm DuPont CEO Ellen Kullman is ranked at rank 5.

Hewlett-Packard Chairman and CEO Meg Whitman on the 6th position.

Facebook's Sandberg slipped in the rankings from fifth postion to 10th.

Fortune said last year was all about Sandberg as her bestselling book 'Lean In' helped her become the face of corporate gender equality.

Facebook Chief Operating Officer Sheryl Sandberg meets Prime Minister Narendra Modi.

"This year is all about Facebook. Its 2013 profits jumped an astounding 2,730 per cent, mainly because of increased revenue from mobile ads, and it announced huge deals in early 2014 to acquire virtual-reality company Oculus VR for over $2 billion and buzzy messaging platform WhatsApp for $19 billion," Fortune said.

As CEO Mark Zuckerberg's number two, Sandberg remains "crucial to the company's long-term strategy". She's also the best-paid woman on the list, making $38 million last year.

The list also includes aerospace & defence company General Dynamics's CEO Phebe Novakovic on rank 11, Oracle Co-president Safra Catz (14), Xerox Chairman and CEO Ursula Burns (17), Procter & Gamble Group President, North America Melanie Healey

(18), YouTube CEO Susan Wojcicki (19), Intel President Renée James (21), Avon CEO Sheri McCoy (27), Apple Senior Vice President, Retail and Online Stores Angela Ahrendts (29) and CEO, Asset Management at JP Morgan Chase Mary Erdoes (32). 

5 highest paid Indian IT CEOs

#1.Francisco D’Souza

Francisco D’Souza

Salary: Rs 73 crore ($12.2 million)

Francisco D'Souza has more than 20 years of experience in the information technology industry, in both operational and advisory roles. Effective 1 January 2007, D'Souza was appointed President and Chief Executive Officer and a member of the Board of Directors of Cognizant. He oversees much of the operations and business development of the company, working closely with Cognizant clients who are using offshore resources to execute large software development and maintenance projects

#2.Vishal Sikka

Vishal Sikka

CEO, Infosys

Salary: Rs 30 crore ($5.08 million)

Vishal Sikka, chief executive officer of Infosys has become the highest-paid professional CEO (promoter CEOs have higher salaries) in India.

He is the highest paid executive in the Indian information technology (IT) sector. 

Sikka’s total annual remuneration would be up to $5.08 million (Rs 30 crore), in addition to stock options worth $2 million, the company said in a regulatory filing on Wednesday.

#3.N Chandrasekharan

N Chandrasekharan

N Chandrasekharan

CEO, Tata Consultancy Services

Salary: Rs 18.68 crore ($3.2 mn)

#4.Ashok Vemuri

Ashok Vemuri

Ashok Vemuri

CEO, iGate

Salary: Rs 16.2 crore ($2.7 mn) 

#5.T K Kurien

T K Kurien

More

T K Kurien

CEO, Wipro

Salary: Rs 6.55 crore ($1.1 mn)

Source:http://www.rediff.com/business/slide-show/slide-show-1-special-tech-5-highest-paid-indian-it-ceos/20140703.htm#6

Satya Nadella CEO of MICROSOFT

 

1.  Satya Nadellawas born in Hyderabad, India, in a Telugu-speaking family from Anantapur district in Andhra Pradesh.His father was a civil servant in the Indian Administrative Service, Nadella attended the Hyderabad Public School in Begumpet before attaining a bachelor of engineering in Electronics and Telecommunications from the Manipal Institute of Technology in 1987 (then affiliated to Mangalore University), Manipal, Karnataka.
2. Nadella subsequently traveled to the US on a student visa to study for an MS degree in Computer Science at the University of Wisconsin–Milwaukee, receiving his degree in 1990. Later he received an MBA from the University of Chicago Booth School of Business. 
3. Nadella said he "always wanted to build things."He knew that computer science was what he wanted to pursue.But that emphasis was not available at Manipal University. "And so it [electronic engineering] was a great way for me to go discover what turned out to become a passion," he says.

4. Born	Satya Nadella 1967 (age 46–47) Hyderabad, Andhra Pradesh, India
   Residence	Washington, US
   Ethnicity	Indian
   Citizenship	United States
   Education	B.Tech, M.S., M.B.A.
   Alma mater	Hyderabad Public School Mangalore University (B.Tech) University of Wisconsin–Milwaukee (M.S.) University of Chicago Booth School of Business (M.B.A.)
   Occupation	CEO of Microsoft
   Employer	Microsoft
   Salary	$1.2 million
   Predecessor	Steve Ballmer
   Spouse(s)	Anupama Nadella	For more details click here

Rajeev Suri CEO of NOKIA

• Rajeev Suri (Hindi:1967) is the chief executive officer (CEO) of the multinational communications and information technology corporation Nokia. 
•  Before the current assignment in May 2014, he was the CEO of Nokia Solutions and Networks since 2009 and held various positions in Nokia since 1995.Suri became the CEO of Nokia when the sale of Nokia's phone division to Microsoft Mobile was completed. 
• He has a Bachelor of Engineering from Manipal Institute of Technology and worked for multinational corporations in India and Nigeria before joining Nokia.

• Rajeev Suri
  Born	October 10, 1967 (age 46) New Delhi, India
  Residence	Espoo, Finland
  Nationality	Singaporean
  Education	Bachelor of Engineering (Electronics and Communications), Manipal Institute of Technology, Karnataka, India
  Occupation	CEO
  Employer	Nokia
  Home town	Kuwait
  Spouse(s)	Nina Alag Suri (married 1992)
  Children	2

   For more details click here