Home Business Nirmala Sitharaman, 5 other Indians among Forbes' 100 most powerful women

Nirmala Sitharaman, 5 other Indians among Forbes’ 100 most powerful women

In 2021, Nirmala Sitharaman was ranked 37th in the list. (File)

New York:

Finance Minister Nirmala Sitharaman, Biocon executive chairperson Kiran Mazumdar-Shaw and Nykaa founder Falguni Nair are among six Indians who have featured in Forbes’ annual list of the world’s 100 most powerful women.

Nirmala Sitharaman, ranked 36th, has made it to the list for the fourth time in a row. In 2021, the 63-year-old minister was ranked 37th in the list, while she was 41st in 2020 and 34th in 2019.

Other Indians to feature in the list are HCLTech Chairperson Roshni Nadar Malhotra (Rank: 53), Securities and Exchange Board of India (SEBI) Chairperson Madhabi Puri Buch (Rank: 54), and Steel Authority of India The chairperson is Soma Mondal (Rank: ). 67).

Roshni Nadar Malhotra, Kiran Mazumdar-Shaw and Falguni Nair had made it to the coveted list last year as well at the 52nd, 72nd and 88th positions respectively.

According to the list released by Forbes on Tuesday, Kiran Mazumdar-Shaw is ranked 72nd this year, while Falguni Nair is ranked 89th.

The list includes 39 CEOs; 10 heads of state; And the total assets of 11 billionaires is 115 billion dollars.

Highlighting Falguni Nair’s profile, the Forbes list mentions that the 59-year-old businesswoman “worked as an investment banker for two decades, leading IPOs and helping other entrepreneurs achieve their dreams”. In 2012, she decided to work for herself by investing USD 2.00 million of her own savings to launch beauty and retail company Nykaa. She took it public in 2021 and became India’s richest self-made became a woman.

Roshni Nadar Malhotra, 41, is responsible for all strategic decisions of the $12 billion technology company, according to the Forbes website.

“Founded in 1976 by his father, Shiv Nadar, HCL became a central player in India’s rise as an IT hub,” it noted.

On March 1, 56-year-old Madhabi Puri Buch became the first woman chairperson of SEBI, which oversees India’s over $3 trillion stock market ecosystem.

59-year-old Soma Mondal, the first woman to chair the state-run Steel Authority of India (SAIL) in January 2021, has led the company to record financial growth since taking charge. According to the Forbes website, the company’s profit tripled in its first year to 120 billion rupees.

This made 69-year-old Mazumdar-Shaw one of the richest self-made women in India. He founded India’s largest listed biopharmaceutical firm by revenue in 1978. The firm has successfully entered the lucrative US market. The company has Asia’s largest insulin factory in the Johor region of Malaysia.

The list was determined by four main metrics: money, media, influence and sphere of influence. For political leaders, we weighed gross domestic products and population; for corporate leaders, revenue and number of employees; and media mentions. and accessible to all. The result is a collection of women fighting the status quo,” according to the website.

For her leadership during the Ukraine war, as well as her handling of the COVID-19 pandemic, European Commission President Ursula von der Leyen topped the 19th annual Forbes list of the world’s 100 most powerful women.

“Her influence is unparalleled – no one else on the list formulates policy on behalf of 450 million people – but her commitment to a free and democratic society is not. Von der Leyen is just one face of the biggest story of 2022: women Veterans for Democracy Acting,” the website underlined.

While European Central Bank President Christine Lagarde has been placed at the second position, US Vice President Kamala Harris is at the third position in the list.

At rank 100, Zina “Mahsa” Amini of Iran has made it to the influential list posthumously. Her death in September sparked an unprecedented female-led revolution for their rights in the Islamic nation.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)

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