Forbes’ World’s 100 Most Powerful Women: Nirmala Sitaraman Among 5 Other Indians

Six Indians, including the finance minister Nirmala Sitharaman, the CEO of Biocon, Kiran Mazumdar-Shaw, and the founder of Nykaa, Falguni Nayar, have made it onto Forbes’ annual list of The World’s 100 Most Powerful Women

New York: Six Indians, including the finance minister Nirmala Sitharaman, the CEO of Biocon, Kiran Mazumdar-Shaw, and the founder of Nykaa, Falguni Nayar, have made it onto Forbes’ annual list of The World’s 100 Most Powerful Women.

Sitharaman, who is ranked at number 36, has appeared on the list four times in a row. The 63-year-old minister was rated 37th in the list in 2021, after placing 41st in 2020 and 34th in 2019.

Roshni Nadar Malhotra, chair of HCL Technologies, Madhabi Puri Buch, chair of the Securities and Exchange Board of India (SEBI), and Soma Mondal, chair of the Steel Authority of India, are the other Indians on the list.

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Malhotra, Mazumdar-Shaw, and Nayar all reached the elite list the previous year, landing in ranks 52, 72, and 88, respectively. According to the list published by Forbes on Tuesday, Mazumdar-Shaw is rated 72 this year while Nayar is ranked 89.

The Forbes list highlighted Nayar’s accomplishments and stated that the 59-year-old businessman “twenty years overseeing IPOs and assisting other business owners in realising their goals while working as an investment banker. She made the decision to go into business for herself in 2012 and invested USD 2 million of her own money to start the cosmetics and retail business Nykaa. She went public with it in 2021, becoming the richest self-made lady in India ”

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