Roshni Nadar

​
Roshni Nadar Malhotra (born 1982) is an Indian billionaire businesswoman and
philanthropist and the chairperson of HCL Technologies. She is the first woman to
[2][3]
lead a listed IT company in India. She is the only child of HCL Group founder
[4] [5] [6]
and billionaire businessman Shiv Nadar. In 2024 and 2019, she was ranked
60th and 54th respectively on the Forbes World's 100 Most Powerful Women.
According to IIFL Wealth Hurun India Rich List (2019), she is the richest woman in
[7]
India.

In 2023, Roshni ranked 60th in the Forbes list of World's 100 Most Powerful
[8]
Women. She is also the CEO of HCL Corporation, the holding company of all HCL
Group entities.

Early life[edit]
Roshni Nadar grew up in Delhi and studied in Vasant Valley School and graduated
from Northwestern University majoring in communication with a focus on
[9]
Radio/TV/Film. She earned an MBA from the Kellogg School of Management.

Career[edit]
[10]
She worked in various companies as a producer before joining HCL. Within a
year of her joining HCL, she was elevated as executive director and CEO of HCL
[11][12]
Corporation. She subsequently became the chairperson of HCL Technologies,
[13]
after her father Shiv Nadar stepped down.

Prior to becoming CEO of the HCL Corporation, Roshni Nadar was a trustee of the
Shiv Nadar Foundation, which runs the not-for-profit Sri Sivasubramaniya Nadar
[14]
College of Engineering in Chennai. She is the chairperson of VidyaGyan
Leadership Academy, a leadership academy for the economically
[15][16]
underprivileged. She set up 'The Habitats' trust that aims at protecting India's
natural habitats and indigenous species in a bid to create and conserve sustainable
[3
ecosystems.
Indra Nooyi
Indra Nooyi (née Krishnamurthy; born October 28, 1955) is an Indian-born
American business executive who was the chairman and chief executive officer
[3][4][5]
(CEO) of PepsiCo from 2006 to 2018.

[6]
Nooyi has consistently ranked among the world's 100 most powerful women. In
2014, she was ranked at number 13 on the Forbes list, and the second most
[7][8][9]
powerful woman on the Fortune list in 2015 and 2017. She sits on the boards
[10][11]
of Amazon and the International Cricket Council, among other organizations.

Early life[edit]
Nooyi was born on October 28, 1955, in a Tamil Brahmin family in Madras (now
[12][13][14]
known as Chennai), Tamil Nadu, India. Nooyi did her schooling in Holy
[15]
Angels Anglo Indian Higher Secondary School in T. Nagar.

Nooyi's mother was a home maker. While not having a formal education herself, her
[16]
mother devised strategic games at dinner for her daughters. When Nooyi and her
sister were between eight and 11 years old, their mother instructed them to write a
speech about what they would do if they held a position of power such as president
or prime minister. If Nooyi fell short in a task, her paternal grandfather (a judge)
[17]
would make her write, "I will not make excuses" 200 times on a piece of paper.

Education[edit]
While completing her studies, Nooyi played guitar in a band, and excelled at
[17]
cricket. Nooyi received bachelor's degrees in physics, chemistry and mathematics
from Madras Christian College of the University of Madras in 1975, and a Post
Graduate Programme Diploma from Indian Institute of Management Calcutta in
[18]
1976.

In 1978, Nooyi was admitted to Yale School of Management and moved to the
United States, where she earned a master's degree in public and private
[19]
management in 1980.
Career[edit]
Nooyi began her career in India with product manager positions at Johnson &
Johnson and the textile firm Beardsell Ltd. While attending Yale School of
[19]
Management, Nooyi completed a summer internship with Booz Allen Hamilton. In
[20]
1980, Nooyi joined the Boston Consulting Group (BCG) as a strategy consultant,
and then worked at Motorola as vice president and Director of Corporate Strategy
[20] [21]
and Planning, followed by a stint at Asea Brown Boveri.

PepsiCo[edit]
[22]
Nooyi joined PepsiCo in 1994, and was named CEO in 2006, replacing Steven
[23]
Reinemund, becoming the fifth CEO in PepsiCo's 44-year history. She started as
PepsiCo's senior vice president for strategic planning from 1994 until 1996, then
became senior vice president for corporate strategy and development from 1996
until 2000. Next, she became senior vice president and chief financial officer of
PepsiCo from February 2000 to April 2001, moving then to president and chief
financial officer, beginning in 2001, and was also named to PepsiCo's board of
directors.

Nooyi directed the company's global strategy for more than a decade and led
PepsiCo's restructuring, including the 1997 divestiture of Tricon, now known as Yum!
Brands. Tricon included companies like Pizza Hut, KFC, and Taco Bell under its
[24]
umbrella. The financial gains from this spinoff allowed the company to increase
the pace of its share buyback strategy, thereby giving it more leverage to pursue
[25]
future acquisitions without as much shareholder backlash. Nooyi also worked on
[26]
the acquisition of Tropicana in 1998, and the merger with Quaker Oats Company,
[27]
which also brought Gatorade in 2001. The $3.3 billion acquisition of Tropicana
[28]
initially faced opposition from other PepsiCo executives and Wall Street critics.
The Quaker Oats Company's ownership of Gatorade was a lucrative move for
PepsiCo, since Gatorade was responsible for 80% of sports drink sales at the
[29]
time. Similar to the Tropicana acquisition, this strategic move gave PepsiCo
leverage against Coca-Cola, owner of Powerade – second in the sports drink
[30] [31][32]
segment. PepsiCo's annual net profit rose from $2.7 billion to $6.5 billion.

Nooyi was named on Wall Street Journal's list of 50 women to watch in 2007 and
[33][34]
2008, and was listed among Time's 100 Most Influential People in The World
[35]
in 2007 and 2008. Forbes named her the #3 most powerful woman in 2008. In
[7]
2014, she was ranked #13 by Forbes. Fortune ranked her the #1 in the list of Most
Powerful Women in Business in 2009 and 2010. On October 7, 2010, Fortune
[36][37]
magazine ranked her the 6th most powerful woman in the world. In Fortune's
[38]
Most Powerful Women List of 2015, Nooyi ranked second.

[39]
Nooyi's strategic redirection of PepsiCo was called "Performance with a Purpose,"
focused on creating long-term growth while leaving a positive impact on society and
[40]
the environment. She reclassified PepsiCo's products into three categories: "fun
for you" (such as potato chips and regular soda), "better for you" (diet or low-fat
versions of snacks and sodas), and "good for you" (items such as oatmeal). She
moved corporate spending away from junk foods and into the healthier alternatives,
[32][41]
with the aim of improving the healthiness of even "fun" offerings. In 2015,
Nooyi removed aspartame from Diet Pepsi, although in 2016 aspartame was
[38]
reintroduced due to public backlash.

Nooyi also focused on environmental concerns and sustainability, redesigning

packaging to reduce waste, conserving water, switching to renewable energy
[42]
sources, and recycling. She also worked on creating a culture of employee
[43]
retention. As one example, Nooyi wrote to the parents of her leadership team and
[44]
visited their homes to create a more personal connection.

In 2018, Nooyi stated an intent to develop a line of snacks marketed specifically for
women, feeling that it was a hitherto unexplored category. In a radio interview, Nooyi
stated that PepsiCo was getting ready to launch products designed and packaged as
per women's preferences, and based on behavioral differences in the way men and
[45]
women consume snacks.

At one point, PepsiCo even considered changing its name and move away from its
[46]
namesake cola, but the health push faltered. On August 6, 2018, Nooyi stepped
down as CEO, and Ramon Laguarta, a 22-year veteran of PepsiCo, replaced her on
October 3, as well as becoming a member of the board of directors. However, Nooyi
[47]
continued as the chair of the company until early 2019. Nooyi was CEO for 12
years, seven years longer than the average CEO tenure at large companies
[48]
according to an Equilar study.

Remuneration[edit]

While CEO of PepsiCo in 2011, Nooyi earned $17 million, which included a base
salary of $1.9 million, a cash bonus of $2.5 million, pension value and deferred
[52]
remuneration of $3 million. By 2014, her total remuneration had grown to
[53]
$19,087,832, including $5.5 million of equity.
In 2017, Nooyi's last full year at the helm of PepsiCo, she earned more than $31
[54]
million in total compensation. Nooyi earned $87 million between 2015 and
[55] [56]
2017. She claims to have never asked for a pay raise while at PepsiCo.

Awards and recognition[edit]

In January 2008, Nooyi was elected chairwoman of the U.S.-India Business Council
(USIBC). Nooyi leads USIBC's Board of Directors, an assembly of more than 60
[57][58]
senior executives representing a cross-section of American industry.

In 2008, Nooyi was elected to the Fellowship of the American Academy of Arts and
[59]
Sciences. She was also named one of America's Best Leaders by U.S. News &
[60]
World Report.

Nooyi was named CEO of the Year by the Global Supply Chain Leaders Group in
[61]
July 2009. That year, she was also Nooyi was considered one of "The TopGun
[62][63]
CEOs" by Brendan Wood International, an advisory agency.

Fortune magazine has named Nooyi number one on its annual ranking of Most
[64][65][66][67]
Powerful Women in business for 2006, 2007, 2008, 2009 and 2010.

Nooyi was named to Institutional Investor's Best CEOs list in the All-America
[68]
Executive Team Survey in 2008 to 2011. After five years on top, PepsiCo's Indian
American chairman and CEO Indra Nooyi has been pushed to the second spot as
[69]
most powerful woman in US business by Kraft's CEO, Irene Rosenfeld.

Forbes magazine ranked Nooyi on the 2008 through 2017 lists of The World's 100
[7][70]
Most Powerful Women. In 2016, Nooyi was the winner of the Academy of
[71]
International Business (AIB) The International Executive of the Year Award. She
was named one of the "Best CEOs In The World" by the CEOWORLD magazine in
[72]
2018.

In February 2020, Nooyi was honored with the Outstanding Woman in Business
[73]
award by the League of Women Voters of Connecticut. In 2021, Nooyi was
[74]
inducted into the National Women's Hall of Fame. In 2022, she was honored with
[75]
Golden Book Awards.
Savitri Jindal
[3]
Savitri Devi Jindal (born 20 March 1950 ) is an Indian businesswoman and
[4]
politician. She is the chairperson emeritus the O.P. Jindal Group. She is also the
president of Maharaja Agrasen Medical College, Agroha. As of June 2024, the Jindal
[5]
family's net worth is estimated at $40 billion.

In October 2024, Saviri Jindal and her family was ranked third on the Forbes list of
[6]
India’s 100 richest tycoons, with a net worth of $43.7 billion.

Biography[edit]
Jindal was born in Tinsukia, Assam in a Hindu Marwari family. She married Om
Prakash Jindal in the 1970s, who had founded the Jindal Group, a steel and power
conglomerate. Jindal was a Minister in the Haryana Government and a member of
the Haryana Vidhan Sabha (Legislative Assembly) from Hisar constituency. She lost
the seat in elections held in 2014 for the Haryana assembly. She became the
chairperson of the group after her husband, O.P. Jindal, passed away in a helicopter
[7]
crash in 2005. She is now an independent MLA serving in the Haryana Legislative
[8]
Assembly.Previously she held membership of both INC and BJP.

Savitri Jindal is the richest woman in India as of 3 March 2024, and the 50th richest
[9]
person in the world. She is the world's seventh-richest mother and contributes to
[10]
the public work her husband started. She was conferred with Acharya Tulsi
[11]
Kartritva Puraskar in 2008 by Akhil Bhartiya Terapanth Mahila Mandal.

Political life[edit]
In 2005, Jindal was elected to the Haryana Vidhan Sabha from Hisar constituency,
which was earlier represented by her late husband Om Prakash Jindal for a long
time. In 2009, she was re-elected to the constituency and was appointed the cabinet
[12]
minister in the Haryana Government on 29 October 2013.

In the previous cabinet, she had served as the Minister of State for Revenue and
Disaster Management, Consolidation, Rehabilitation and Housing and also the
[citation needed]
Minister of State for Urban Local Bodies and Housing.
The revenue of the company quadrupled after she took charge of the company. With
a background and history from the state of Haryana, she served as a member of the
Haryana Legislative Assembly and held the office of Minister of Power till 2010. O.P.
Jindal group was started in 1952 by O.P. Jindal, an engineer by profession. It
became the conglomerate of steel, power, mining, oil and gas. Each of these four
divisions of her business is run by her four sons, Prithviraj, Sajjan, Ratan and
[13]
Naveen Jindal. Jindal Steel is the third-largest producer of steel in India.

In March 2024, she joined Bharatiya Janata Party ahead of 2024 Indian general
election. Her son and politician, Naveen Jindal won the 2024 general election on
BJP ticket from Kurukshetra. In October 2024, she contested independently in
[14]
Haryana State Assembly elections from Hisar and won.
Falguni Nayar
Falguni Sanjay Nayar (born 19 February 1963) is an Indian billionaire
[3]
businesswoman, who is the founder and CEO of the beauty and lifestyle retail
company Nykaa, formally known as FSN E-Commerce Ventures which is an
[4][5]
acronym of her own name. Nayar is one of two self-made female Indian
billionaires.

As per Forbes list of India’s 100 richest tycoons, dated OCTOBER 09, 2024, Falguni
[6]
Nayar & family is ranked 89th with a net worth of $ 3.64 Billion.

Early life and education[edit]

Nayar was born and raised in a Gujarati family in Mumbai, Maharashtra. Her father
[7]
was a businessman and ran a small bearings company, assisted by her mother.
She is a graduate in B.Com from Sydenham College of Commerce and Economics
and a postgraduate from the Indian Institute of Management Ahmedabad (1985
[7][8]
batch).

Career[edit]
In 1993, Nayar joined Kotak Mahindra Group after leaving her consultant job at A. F.
Ferguson & Co. At Kotak Mahindra, she was initially the head of mergers and
acquisitions (M&A) team, before going on to open institutional equities offices in
[9][10][11]
London and New York City. In 2001, she returned to India. In 2005, she was
appointed as the managing director of Kotak Mahindra Capital, the investment
banking unit, and director of Kotak Securities, the institutional equities arm. She quit
[8][12][13]
her job in 2012.

[14]
In April 2012, at the age of 50, she founded Nykaa with $2 million of her own
[15]
money. Nykaa was worth $2.3 billion as of 2021 bringing Nayar's net worth to an
estimated $1.1 billion. Nayar is one of two self-made female Indian billionaires, the
[16]
other being Kiran Mazumdar-Shaw. Nykaa listed at $13 billion valuation on 10
November 2021. Soon after Nykaa went public, Nayar became the wealthiest
[15][17]
self-made Indian woman, with her net worth rising to $6.5 billion. In 2022,
[18]
Nayar made her debut in the Forbes India Rich List at rank 44.
Personal life[edit]
Falguni Nayar married Sanjay Nayar in the year 1987, whom she met at business
[19][20][21][7]
school. He is the CEO of Kohlberg Kravis Roberts India. They have two
[22]
children – Adwaita Nayar and Anchit Nayar, who are twins; Adwaita is the CEO of
[23]
Nykaa Fashion whereas Anchit heads the retail and e-commerce divisions.