Chanda Kochhar most powerful in business

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ICICI Bank managing director and CEO Chanda Kochhar has been named as the most powerful woman in business in India for the second consecutive year by Fortune Magazine.

Mallika Srinivasan of TAFE and Aruna Jayanthi of Capgemini India follow ed Ms Kochhar in the second and third place, respectively.

In the Fortune list of 50 most powerful businesswomen, there are six new entrants. While 19 have moved up their places, 17 have witnessed a decline in their rankings.

“Despite surprises and upsets, what hasn’t changed is the overwhelming influence women have on India Inc,” Fortune India editor Dibyendra Nath Mukerjea said.

The six new entrants this year includes Colgate-Palmolive India MD Prabha Parameswaran, Morgan Stanley India Investment Banking MD Aisha De Sequeira, Intel South Asia Sales & Marketing Group MD Debjani Ghosh, Diageo India country head Abanti Sankaranarayanan, Spen-cer Stuart managing partner Anjali Bansal, and Tupperware India MD Asha Gupta.

The other women who figured in the top 10 of the Fortune India’s 50 most powerful women in business are Axis Bank MD and CEO Shikha Sharma, Britannia Industries managing director Vinita Bali, Apollo Hospital Enterp-rises MD Preetha Reddy, AZB Partners co-founder Zia Mody, NSE joint MD Chitra Ramkrishna, and CRISIL MD and CEO Roopa Kudva.

Others in the top 15 of the Fortune India’s 50 most powerful women in business, include Kirthiga Reddy, India head, Facebook; Naina Lal Kidwai, group general manager and country head, HSBC India; Harshbeena Zaveri, MD and president, NRB Bearings; Amrita Patel, chairman, National Dairy Development Board and Kalpana Morparia, CEO, JP Morgan India.