Asia's 50 most powerful businesswoman list topped by Nita Ambani

Posted on:08 Apr 2016 09:20:57
Asia's 50 most powerful businesswoman list topped by Nita Ambani
08 April 2016 Current Affairs: Reliance Foundation Chairperson Nita Ambani has been named the most powerful businesswoman in Asia by Forbes, leading a list of 50 women leaders from the region that includes eight from India.SBI Chairman and Managing Director Arundhati Bhattacharya has been ranked second on the 2016 'Asia's 50 Power Businesswomen' list that features trailblazing women from China, Indonesia, Australia, Vietnam, Thailand, Hong Kong, Japan, Singapore, the Philippines and New Zealand. Apart from Ambani and Bhattacharya, six women from India have made to the list, including Mu Sigma CEO Ambiga Dhiraj (14), Welspun India CEO Dipali Goenka (16), Lupin CEO Vinita Gupta (18), ICICI Bank Managing Director & CEO Chanda Kochhar (22), VLCC Health Care Founder and vice chairman Vandana Luthra (26) and Biocon Founder, Chairman & Managing Director Kiran Mazumdar-Shaw (28).Describing her as the "first lady of Indian business", Forbes said Ambani, 52, is a "power near the throne" and makes her debut on the list because of her rising profile in Reliance Industries .Dhiraj, 40, became the first female boss of an Indian-owned tech unicorn when she took over as CEO of Mu Sigma, a provider of data-analytics services, from husband Dhiraj Rajaram, who founded the firm in 2004. Goenka, 46, took charge of home textiles maker Welspun India (part of her family's USD 3 billion in revenue Welspun Group) five years ago. Goenka has doubled down to disprove that. Revenue and earnings are up severalfold, with net profit of USD 81 million on revenue of USD 790 million in the year ended March 2015 .Gupta, 48, runs India's third-largest pharmaceutical company, with USD 2 billion in revenue. In the past year she has spearheaded USD 1.2 billion in acquisitions, the biggest of which was the USD 880 million purchase of Gavis Pharma, giving Lupin its first manufacturing facility in the US, a market that contributes nearly half its total revenue, Forbes .largest private-sector lender, Kochhar has to contend with the current bane of India's banking system: bad loans.Mazumdar-Shaw, 63, a "self-made" leader, has positioned Biocon as a large player in insulin .

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