News makers:

09 November 2004

Two Indian rank among top 50 businesswomen
Washington: Two Indians have been included in a list of the world's top 50 businesswomen announced by the Wall Street Journal's "Women to watch" survey. These include Indra Nooyi, president and CEO of Pepsico in India on the 16th position and deputy CEO of HSBC in India Naina Lal Kidwai at 34th position.
Nooyi has been nominated for being one of the lead negotiators of the $13.9-billion acquisition of Quaker Oats and its prized Gatorade brand.

Naina Lal Kidwai is at the 34th position for helping Indian companies raise billions at home and abroad.

50 women globally were selected by a team of Wall Street Journal reporters and editors from 550 nominations world-wide.
The list, which placed Carly Fiorina of Hewlett Packard on the top, also included seven other Asians. Xie Qihua, chairwoman of China's Shanghai Baosteel group was the top ranking Asian in the list.

StanChart India officials appointed to global positions
Mumbai: Standard Chartered Bank has promoted three of its key top management representatives in India to global positions. These include Vishu Ramachandran, regional head of consumer banking, as chief financial officer, group consumer banking.
Murali M Natarajan, who joined the bank in 2002 as general manager (mortgage and auto business for South East Asia), will succeed Ramachandran.

Shyam Srinivasan, general manager (unsecured business), has been moved to head the consumer banking division in Malaysia.