Four Indian women among Fortune's International Power 50

Four Indians women, led by ICICI Bank CEO Chanda Kochhar(4th), have made it on Fortune magazine's global list of top-50 women business leaders, while PepsiCo chief Indra Nooyi has been ranked second in a similar list for the US. Kochhar has been ranked fourth, followed by 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 of most powerful women in business. This 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. Kochhar, MD 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 for most powerful business women. On Chitra Ramkrishna, a newcomer to the International Power 50 list, Fortune said she has made history as the first woman to head an exchange in India. The board is banking on her twenty years of experience to oversee India's largest exchange — 7th largest in the world – with a total listed market capitalisation of some US$1 trillion, it added. A separate list for most powerful business women in the US, also complied by Fortune magazine, continues to be topped by technology giant IBM's Ginni Rometty, while PepsiCo's Indian-origin CEO Nooyi has retained her second position. Fortune said to have compiled the list broadly on the basis of four criteria the size and importance of the business headed by the person in the global economy; the health and direction of the business; the arc of the business leader's career; and social and cultural influence. Fortune magazine: Fortune is a global business magazine published by Time Inc. and founded by Henry Luce in 1930. Fortune's primary competitors in the national business magazine category are Forbes, which is also published bi-weekly, and Bloomberg Businessweek. The magazine is especially known for its annual features ranking companies by revenue.

What: Four Indian Women ranked among Fortune’s fifty powerful entrepreneurs When: 20th October 2011