Fortune ranks Pepsi CEO Indra Nooyi 3rd most powerful women in business

mangalore@coastaldigest.com (PTI)
September 19, 2014

New York, Sep 19: PepsiCo's India-born CEO Indra Nooyi has been ranked third most powerful businesswoman by Fortune, the only Indian-origin woman on the 2014 list topped by IBM Chairman and CEO Ginni Rometty and General Motors CEO Mary Barra.

Pepsi CEO
Fortune said nearly half the women on 'The Most Powerful Women in Business 2014' list run huge companies, which is a record and "all are working hard to transform their businesses."

Nooyi, 58, dropped from the second position she held last year to third.

Fortune said her innovation push is paying off at PepsiCo, which has increased research and development spending by 25 per cent since 2011.

In 2013, of 50 bestselling new food and beverage products in the US, nine came from PepsiCo -- Starbucks Iced Coffee, Muller Quaker Yogurt, and Mountain Dew Kickstart.

"In July the company raised its profit growth forecast for the year, which should help Nooyi counter calls by activist investor Nelson Peltz to break up the food and beverage giant," the publication said.

Topping the list for the third time is Rometty, whose strategy of investing in new technologies is showing results.

Even though IBM's revenue declined for the second consecutive year, falling nearly 5 per cent to USD 99.8 billion in fiscal 2013, its revenue rose 69 per cent for each division last year.

Rometty has also signed strategic partnerships, such as a deal with Apple to provide IBM's services on the iOS platform.

Rometty has also pledged to invest USD 1 billion in the development and commercialisation of the cognitive computing system, another future growth area for the company.

Making a huge jump in the rankings is General Motors CEO Mary Barra, who is ranked second this year up from the 29th position last year.

Barra became the auto industry's first female CEO in January and promptly faced GM's largest vehicle recall ever, 29 million so far from a faulty ignition switch linked to at least 13 deaths since 2005.

The list also includes aerospace and defence giant Lockheed Martin's Chairman, CEO, and President Marillyn Hewson at number 4, bioscience firm DuPont CEO Ellen Kullman at rank 5 and Hewlett-Packard Chairman and CEO Meg Whitman on the 6th position.

Facebook's Sandberg slipped in the rankings from fifth postion to 10th.

Fortune said last year was all about Sandberg as her bestselling book 'Lean In' helped her become the face of corporate gender equality.

"This year is all about Facebook. Its 2013 profits jumped an astounding 2,730 per cent, mainly because of increased revenue from mobile ads, and it announced huge deals in early 2014 to acquire virtual-reality company Oculus VR for over USD 2 billion and buzzy messaging platform WhatsApp for USD 19 billion," Fortune said.

As CEO Mark Zuckerberg's number two, Sandberg remains "crucial to the company's long-term strategy".

She's also the best-paid woman on the list, making USD 38 million last year.

The list also includes aerospace & defence company General Dynamics's CEO Phebe Novakovic on rank 11, Oracle Co-president Safra Catz (14), Xerox Chairman and CEO Ursula Burns (17), Procter & Gamble Group President, North America Melanie Healey (18), YouTube CEO Susan Wojcicki (19), Intel President Renée James (21), Avon CEO Sheri McCoy (27), Apple Senior Vice President, Retail and Online Stores Angela Ahrendts (29) and CEO, Asset Management at JP Morgan Chase Mary Erdoes (32).

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News Network
May 13,2025

baraka.jpg

Barakah International School & College continues its tradition of academic excellence, achieving a remarkable 100% pass rate in the CBSE Class 10 and 12 examinations for the year 2025.

Top Performers:

Grade 10:

Mehrish Haleema – 96.4%
Daughter of Mr. Mohammed Musthafa & Mrs. Munawar

Hamnah Nafeesa – 96.2%
Daughter of Mr. Mohammed Kunhi & Mrs. Gulnaz Fathima

Bushra Suha – 92.2%
Daughter of Dr. Mohammed Ashfaque & Dr. Aisha Suha

Anum Nafeesa Ashfaq – 91.3%
Daughter of Mr. Abdul Khader Ashfaq & Mrs. Suhana

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From left to right: Mehrish Haleema, Hamna Nafeesa, Bushra Suha, Anum Nafisa Ashfaq

 

Grade 12 (Science Stream):

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Tisha Reem – 93%
Daughter of Mr. Rayees Mohammed & Mrs. Tabsira Nakhuda

Several other students across all streams also secured outstanding results, reflecting the institution’s commitment to academic rigor and student success.

As a leading educational institution in Mangalore, Barakah International School & College offers holistic education from Pre-KG through to Degree level, nurturing well-rounded individuals equipped for future challenges.

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News Network
May 10,2025

Mangaluru, May 10: A new chapter in Mangaluru’s infrastructure story unfolds on May 16, as Chief Minister Siddaramaiah arrives to inaugurate two transformative projects: the newly built Deputy Commissioner’s Office at Padil and a world-class indoor stadium at Urwa.

These developments signal a strong push toward better governance and enhanced urban amenities in the coastal city.

₹75 Crore DC Office

The new DC Office, spread across a modern campus at Padil, comes with a price tag of ₹75 crore. Initially budgeted at ₹55 crore, the project received an additional ₹20 crore under the Smart City Mission, aimed at integrating technology and convenience in public administration.

“This facility reflects our vision of a centralized, people-friendly government. With 23 departments under one roof, citizens can now access services more efficiently,” said District In-charge Minister Dinesh Gundu Rao.

The phased relocation of departments will begin on the day of inauguration and be completed over the next 2 to 3 weeks.

₹35 Crore Indoor Stadium Opens Doors

Also on the agenda is the grand opening of Mangaluru’s new indoor sports complex in Urwa, built for ₹35 crore. This ultra-modern facility is equipped to host national-level indoor events and will offer quality training infrastructure for emerging sports talent in the region.

Initiated during Siddaramaiah’s previous term, both the stadium and DC Office projects are now ready for public use and are expected to create lasting impact.

“These projects are not just buildings. They are investments in governance, youth, and the future of Mangaluru,” said Rao.

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News Network
May 15,2025

Udupi, May 15: A routine surgery turned tragic at a private hospital in Udupi’s Karkala on Wednesday evening when a 54-year-old woman died during a procedure to remove a suspected abdominal lump. 

The incident triggered immediate outrage from the deceased’s family, leading to a protest outside the hospital premises.

The deceased has been identified as Zubaida, a resident of Sanur, who had been living in a rented house near the hospital. She was admitted after complaining of severe abdominal pain, and doctors advised surgical intervention to remove a lump believed to be the cause of her discomfort.

However, Zubaida reportedly passed away mid-surgery, sparking anger and grief among her relatives and local residents. A crowd soon gathered outside the hospital, demanding an explanation from the medical staff and questioning the circumstances surrounding her death.

As tensions rose, police personnel from the Karkala Town Station were called in to pacify the situation and prevent further escalation. Authorities managed to restore calm and are reportedly investigating the incident.

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