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The 21 Leading Businesswomen in India [ Images ] *
1
Akhila Srinivasan, Managing Director, Shriram Investments Ltd
2
Chanda Kocchar, Executive Director, ICICI Bank [ Get Quote ]
3
Ekta Kapoor [ Images ], Creative Director, Balaji Telefilms [ Get Quote ]
4
Jyoit Naik, President, Lijjat Papad
5
Kiran Mazumdar-Shaw, Chairman and Managing Director, Biocon [ Get Quote ]
6
Lalita D Gupte, Joint Managing Director, ICICI Bank
7
Naina Lal Kidwai [ Images ], Deputy CEO, HSBC
8
Preetha Reddy, Managing Director, Apollo Hospitals [ Get Quote ]
9
Priya Paul, Chairman, Apeejay Park Hotels
10 Rajshree Pathy, Chairman, Rajshree Sugars and Chemicals Ltd 11 Ranjana Kumar [ Images ], Chairman, NABARD 12 Ravina Raj Kohli, Media personality and ex-President, STAR News 13 Renuka Ramnath, CEO, ICICI Ventures 14 Ritu Kumar [ Images ], Fashion Designer 15 Ritu Nanda, CEO, Escolife 16 Shahnaz Hussain, CEO, Shahnaz Herbals 17 Sharan Apparao, Proprietor, Apparao Galleries 18 Simone Tata, Chairman, Trent Ltd [ Get Quote ] 19 Sulajja Firodia Motwani, Joint MD, Kinetic Engineering [ Get Quote ] 20 Tarjani Vakil, former Chairman and Managing Director, EXIM Bank 21 Zia Mody, Senior Partner, AZB & Partners
SALARIES
AT
THE
TOP
Do CEOs earn their salaries? Annual Name
Designation
pay* (Rs crore)
Sunil
Salary hike (%)
Co's
Co's
sales
profit
growth growth (%)
(%)
Bharti CMD, Bharti
Mittal
[ Airtel
Images ]
Pawan
[
Get12.68
78.34
58.47
100.45
Hero 15.22
15.74
13.61
-11.68
Quote ]
Kant MD,
Munjal
Honda MD,
Rajiv Bajaj
Auto
Bajaj [
Get2.08
362.20 24.16
10.13
248.00 36.00
23.00
13.40
15.36
20.41
35.51
60.73
22.45
Get1.28
-1.50
53.93
31.08
R CMD, Cadila9.93
32.40
13.47
24.14
Quote ]
EVP
Naveen
MD,
Jindal
and Jindal13.54
Steel MD,
B Muthuraman
Steel
Tata [
Quote ]
MD
and
K V Kamath [ CEO, Images ]
Get2.20
Bank
[
ICICI 2.48 Get
Quote ]
Aditya Puri
MD,
HDFC
Bank
[
Quote ]
Pankaj Patel
Healthcare [
Get Quote ]
Malvinder
CEO, [2.62
-2.23
15.13
70.11
Azim Premji [ CMD, Wipro 2.53 Images ] [ Get Quote ]
-1.93
33.49
40.66
26.58
13.96
5.84
Mohan Singh
Gajendra Patni
Ranbaxy Get Quote ]
ED,
Patni 2.00 Computer
Notes: The payments are according to the 2005-06 annual report; The sales and profit growth figures are for 2006-07
Top ten ceos
Lakshmi N Mittal [ IMAGE NOT SHOWN - GUESTS CANNOT VIEW ATTACHED IMAGES ] Steel tycoon Lakshmi Niwas Mittal is the richest Indian in the world, with an estimated wealth of $25 billion. He resides in London, has his company registered in the Netherlands, but still holds an Indian passport. Although Mittal Steel was already the world's biggest steel company, his king-sized ambitions were evident when he took over steel giant Arcelor to create a new steel behemoth -Arcelor-Mittal. L N Mittal left India in the mid-1970s to start his career. He was sent to Indonesia by his father to
shut down the family's ailing steel plant and sell the land. Instead, young Mittal saw an opportunity and turned the plant around. To prove that this was no fluke, Mittal acquired a 1.3 million tonne, Iscot Steel plant in Trinidad & Tobago, which was losing $100,000 a day. One year of Mittal-style management and it was making profits, the LN Mittal legend was born. That move helped him get into America. The Mexican government seeing the success that Mittal made of Iscot, asked him to take over their ailing steel plants in 1992. But it was not all that smooth. In 1994 Mittal had differences with his brothers and father, and went on to form his own company. The following year Mittal entered the European market, acquiring the 5 million tonne Kazakh steel plant, Karmet. Meanwhile, Mittal had listed Ispat International on the New York and Amsterdam Stock Exchanges in 1997. Eight years later Mittal Steel became the world's largest steel maker when he took over the US's largest steel producer -- the International Steel Group. He then consolidated all his steel holdings into Mittal Steel ------------------------------------------------------------------------------Ratan Tata [ IMAGE NOT SHOWN - GUESTS CANNOT VIEW ATTACHED IMAGES ]
Ratan Naval Tata, a bachelor, is the chairman of the Tata Group, India's most respected conglomerate. He was born into a Parsi family in Mumbai (then called Bombay) to Soonoo and Naval Hormusji Tata on December 28, 1937. He did a short stint with Jones and Emmons in Los Angeles, California, before returning to India in 1962. He had earlier turned down an IBM job offer. He joined the family business in 1962 and worked with many of his group's companies. He took over as group chairman from the legendary J R D Tata in 1991. Since then, he has been instrumental in boosting the fortunes of the Tata Group, which has amongst the largest market capitalisations in the Indian stock markets. Tata Motors developed the Tata Indica in 1998. This was the first 'entirely Indian' passenger car. Ratan Tata's dream now is to manufacture a car costing just Rs 100,000. Ratan Tata holds a degree in Architecture and Structural Engineering from Cornell University. He has also done the Advanced Management Program from Harvard Business School in 1974-1975. Ratan Tata was honoured with one of India's highest civilian awards, the Padma Bhushan, on January 26, 2000. ---------------------------------------------------------------------
----------Mukesh D Ambani [ IMAGE NOT SHOWN - GUESTS CANNOT VIEW ATTACHED IMAGES ]
Mukesh Ambani, the chairman and managing director of India's largest private sector enterprise -- Reliance Industries Limited -- was born on April 19, 1957. His father, the legendary Dhirubhai Ambani, was then a small businessman who later on rose to become one of the legends of Indian industry. Mukesh joined Reliance Industries in 1981 and was the brain behind Reliance's backward integration from textiles into polyester fibres and into petrochemicals. During the process of backward integration, Mukesh Ambani led the creation of 51 new, world-class manufacturing facilities involving diverse technologies that raised Reliance's manufacturing capacities manifold. The world's largest grassroots petroleum refinery at Jamnagar is his brainchild. He was also the incharge of Dhirubhai's dream project Reliance Infocomm. But after the split in the Reliance Empire, Reliance Infocomm went to his brother Anil. Mukesh Ambani is now planning to enter retail
sector in a big way and will launch a chain of 'Reliance Fresh' retail stores. He also entered into an agreement with the Haryana government to establish a Special Economic Zone with an investment running into billions of rupees. He has a bachelor's degree in Chemical Engineering from University of Bombay and a master's in Business Administration from Stanford University, USA. ------------------------------------------------------------------------------Azim H Premji [ IMAGE NOT SHOWN - GUESTS CANNOT VIEW ATTACHED IMAGES ]
Azim Hashim Premji, the chairman of Wipro Technologies, is one of the richest Indians. He is an icon among Indian businessmen, especially in the software industry. Born on July 24, 1945, Premji was studying Electrical Engineering at Stanford University, USA when due to the sudden demise of his father, he was called upon to handle the family business at the age of 21. Wipro was then Western Indian Vegetable Products, a small cooking oil company. Premji diversified into bakery fats, ethnic ingredient based toiletries, hair care soaps, baby toiletries, lighting products and hydraulic cylinders. And
then shifted focus from soaps to software. He transformed Wipro into one of India's most successful IT companies. Under Azim Premji's stewardship, Wipro has grown from a fledgling Rs 70 million oil company into an IT giant with a turnover of $2.4 billion and an employee strength of 57,000. Azim Premji has regularly featured in the Forbes' list of the world's richest people. He was also rated among the world's 100 most influential people by the Time magazine. In 2005, the Indian government honoured him with Padma Bhushan, one of the nation's highest civilian awards. ------------------------------------------------------------------------------Sunil Mittal [ IMAGE NOT SHOWN - GUESTS CANNOT VIEW ATTACHED IMAGES ]
Sunil B Mittal is chairman and managing director of Bharti group. Bharti is India's largest GSMbased mobile phone service. Son of a politician, he built his Bharti group, along with two siblings, into India's largest mobile phone operator in just ten years. Vodafone and
SingTel both own stakes in recently renamed flagship Bharti Airtel. The group also has partnerships with Axa for insurance and with the Rothschild family for exporting fruits and vegetables. He plans to go into retailing along with the world's largest retailer Wal-Mart. The 49-year-old has always been a pioneer. A first generation entrepreneur, he started his first business in 1976 with a capital investment of Rs 20,000. He decided not to be a politician and set up a small bicycle business in Ludhiana. By 1979, Sunil Mittal realised that his ambitions could not be fulfilled in Ludhiana, so he moved out to Mumbai. He initially founded a number of trading concerns, and established the first company to manufacture push button telephones in India. In 1982, Mittal started a full-fledged business selling portable generators imported from Japan. He was one of the first entrepreneurs to identify the mobile telecom business as a major growth area and launched services in Delhi in 1995. Under his leadership the company has gone from strength to strength. -------------------------------------------------------------------------------
1
Akhila Srinivasan, Managing Director, Shriram Investments Ltd
2
Chanda Kocchar, Executive Director, ICICI Bank [ Get Quote ]
3
Ekta Kapoor [ Images ], Creative Director, Balaji Telefilms [ Get Quote ]
4
Jyoit Naik, President, Lijjat Papad
5
Kiran Mazumdar-Shaw, Chairman and Managing Director, Biocon [ Get Quote ]
6
Lalita D Gupte, Joint Managing Director, ICICI Bank
7
Naina Lal Kidwai [ Images ], Deputy CEO, HSBC
8
Preetha Reddy, Managing Director, Apollo Hospitals [ Get Quote ]
9
Priya Paul, Chairman, Apeejay Park Hotels
10 Rajshree Pathy, Chairman, Rajshree Sugars and Chemicals Ltd 11 Ranjana Kumar [ Images ], Chairman, NABARD 12 Ravina Raj Kohli, Media personality and ex-President, STAR News 13 Renuka Ramnath, CEO, ICICI Ventures 14 Ritu Kumar [ Images ], Fashion Designer 15 Ritu Nanda, CEO, Escolife 16 Shahnaz Hussain, CEO, Shahnaz Herbals 17 Sharan Apparao, Proprietor, Apparao Galleries 18 Simone Tata, Chairman, Trent Ltd [ Get Quote ] 19 Sulajja Firodia Motwani, Joint MD, Kinetic Engineering [ Get Quote ] 20 Tarjani Vakil, former Chairman and Managing Director, EXIM Bank 21 Zia Mody, Senior Partner, AZB & Partners
SALARIES
AT
THE
TOP
Do CEOs earn their salaries? Annual Name
Designation
pay* (Rs crore)
Sunil
Salary hike (%)
Co's
Co's
sales
profit
growth growth (%)
(%)
Bharti CMD, Bharti
Mittal
[ Airtel
Images ]
Pawan
[
Get12.68
78.34
58.47
100.45
Hero 15.22
15.74
13.61
-11.68
Quote ]
Kant MD,
Munjal
Honda MD,
Rajiv Bajaj
Auto
Bajaj [
Get2.08
362.20 24.16
10.13
248.00 36.00
23.00
13.40
15.36
20.41
35.51
60.73
22.45
Get1.28
-1.50
53.93
31.08
R CMD, Cadila9.93
32.40
13.47
24.14
Quote ]
EVP
Naveen
MD,
Jindal
and Jindal13.54
Steel MD,
B Muthuraman
Steel
Tata [
Quote ]
MD
and
K V Kamath [ CEO, Images ]
Get2.20
Bank
[
ICICI 2.48 Get
Quote ]
Aditya Puri
MD,
HDFC
Bank
[
Quote ]
Pankaj Patel
Healthcare [
Get Quote ]
Malvinder
CEO, [2.62
-2.23
15.13
70.11
Azim Premji [ CMD, Wipro 2.53 Images ] [ Get Quote ]
-1.93
33.49
40.66
26.58
13.96
5.84
Mohan Singh
Gajendra Patni
Ranbaxy Get Quote ]
ED,
Patni 2.00 Computer
Notes: The payments are according to the 2005-06 annual report; The sales and profit growth figures are for 2006-07
Top ten ceos
Lakshmi N Mittal [ IMAGE NOT SHOWN - GUESTS CANNOT VIEW ATTACHED IMAGES ] Steel tycoon Lakshmi Niwas Mittal is the richest Indian in the world, with an estimated wealth of $25 billion. He resides in London, has his company registered in the Netherlands, but still holds an Indian passport. Although Mittal Steel was already the world's biggest steel company, his king-sized ambitions were evident when he took over steel giant Arcelor to create a new steel behemoth -Arcelor-Mittal. L N Mittal left India in the mid-1970s to start his career. He was sent to Indonesia by his father to
shut down the family's ailing steel plant and sell the land. Instead, young Mittal saw an opportunity and turned the plant around. To prove that this was no fluke, Mittal acquired a 1.3 million tonne, Iscot Steel plant in Trinidad & Tobago, which was losing $100,000 a day. One year of Mittal-style management and it was making profits, the LN Mittal legend was born. That move helped him get into America. The Mexican government seeing the success that Mittal made of Iscot, asked him to take over their ailing steel plants in 1992. But it was not all that smooth. In 1994 Mittal had differences with his brothers and father, and went on to form his own company. The following year Mittal entered the European market, acquiring the 5 million tonne Kazakh steel plant, Karmet. Meanwhile, Mittal had listed Ispat International on the New York and Amsterdam Stock Exchanges in 1997. Eight years later Mittal Steel became the world's largest steel maker when he took over the US's largest steel producer -- the International Steel Group. He then consolidated all his steel holdings into Mittal Steel ------------------------------------------------------------------------------Ratan Tata [ IMAGE NOT SHOWN - GUESTS CANNOT VIEW ATTACHED IMAGES ]
Ratan Naval Tata, a bachelor, is the chairman of the Tata Group, India's most respected conglomerate. He was born into a Parsi family in Mumbai (then called Bombay) to Soonoo and Naval Hormusji Tata on December 28, 1937. He did a short stint with Jones and Emmons in Los Angeles, California, before returning to India in 1962. He had earlier turned down an IBM job offer. He joined the family business in 1962 and worked with many of his group's companies. He took over as group chairman from the legendary J R D Tata in 1991. Since then, he has been instrumental in boosting the fortunes of the Tata Group, which has amongst the largest market capitalisations in the Indian stock markets. Tata Motors developed the Tata Indica in 1998. This was the first 'entirely Indian' passenger car. Ratan Tata's dream now is to manufacture a car costing just Rs 100,000. Ratan Tata holds a degree in Architecture and Structural Engineering from Cornell University. He has also done the Advanced Management Program from Harvard Business School in 1974-1975. Ratan Tata was honoured with one of India's highest civilian awards, the Padma Bhushan, on January 26, 2000. ---------------------------------------------------------------------
----------Mukesh D Ambani [ IMAGE NOT SHOWN - GUESTS CANNOT VIEW ATTACHED IMAGES ]
Mukesh Ambani, the chairman and managing director of India's largest private sector enterprise -- Reliance Industries Limited -- was born on April 19, 1957. His father, the legendary Dhirubhai Ambani, was then a small businessman who later on rose to become one of the legends of Indian industry. Mukesh joined Reliance Industries in 1981 and was the brain behind Reliance's backward integration from textiles into polyester fibres and into petrochemicals. During the process of backward integration, Mukesh Ambani led the creation of 51 new, world-class manufacturing facilities involving diverse technologies that raised Reliance's manufacturing capacities manifold. The world's largest grassroots petroleum refinery at Jamnagar is his brainchild. He was also the incharge of Dhirubhai's dream project Reliance Infocomm. But after the split in the Reliance Empire, Reliance Infocomm went to his brother Anil. Mukesh Ambani is now planning to enter retail
sector in a big way and will launch a chain of 'Reliance Fresh' retail stores. He also entered into an agreement with the Haryana government to establish a Special Economic Zone with an investment running into billions of rupees. He has a bachelor's degree in Chemical Engineering from University of Bombay and a master's in Business Administration from Stanford University, USA. ------------------------------------------------------------------------------Azim H Premji [ IMAGE NOT SHOWN - GUESTS CANNOT VIEW ATTACHED IMAGES ]
Azim Hashim Premji, the chairman of Wipro Technologies, is one of the richest Indians. He is an icon among Indian businessmen, especially in the software industry. Born on July 24, 1945, Premji was studying Electrical Engineering at Stanford University, USA when due to the sudden demise of his father, he was called upon to handle the family business at the age of 21. Wipro was then Western Indian Vegetable Products, a small cooking oil company. Premji diversified into bakery fats, ethnic ingredient based toiletries, hair care soaps, baby toiletries, lighting products and hydraulic cylinders. And
then shifted focus from soaps to software. He transformed Wipro into one of India's most successful IT companies. Under Azim Premji's stewardship, Wipro has grown from a fledgling Rs 70 million oil company into an IT giant with a turnover of $2.4 billion and an employee strength of 57,000. Azim Premji has regularly featured in the Forbes' list of the world's richest people. He was also rated among the world's 100 most influential people by the Time magazine. In 2005, the Indian government honoured him with Padma Bhushan, one of the nation's highest civilian awards. ------------------------------------------------------------------------------Sunil Mittal [ IMAGE NOT SHOWN - GUESTS CANNOT VIEW ATTACHED IMAGES ]
Sunil B Mittal is chairman and managing director of Bharti group. Bharti is India's largest GSMbased mobile phone service. Son of a politician, he built his Bharti group, along with two siblings, into India's largest mobile phone operator in just ten years. Vodafone and
SingTel both own stakes in recently renamed flagship Bharti Airtel. The group also has partnerships with Axa for insurance and with the Rothschild family for exporting fruits and vegetables. He plans to go into retailing along with the world's largest retailer Wal-Mart. The 49-year-old has always been a pioneer. A first generation entrepreneur, he started his first business in 1976 with a capital investment of Rs 20,000. He decided not to be a politician and set up a small bicycle business in Ludhiana. By 1979, Sunil Mittal realised that his ambitions could not be fulfilled in Ludhiana, so he moved out to Mumbai. He initially founded a number of trading concerns, and established the first company to manufacture push button telephones in India. In 1982, Mittal started a full-fledged business selling portable generators imported from Japan. He was one of the first entrepreneurs to identify the mobile telecom business as a major growth area and launched services in Delhi in 1995. Under his leadership the company has gone from strength to strength. -------------------------------------------------------------------------------
