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

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
December 5,2025

Mangaluru: In a significant step to curb online hate and intimidation, Mangaluru City Police have registered a suo motu case against multiple Instagram accounts accused of circulating alleged provocative and threatening content.

While monitoring social media activity on Tuesday, Kankanady Town PSI Anitha Nikkam identified the Instagram handle ‘team_targetttt_900’ for posting a hate message alongside images of lethal weapons. Another account, ‘team_nagara_900’, allegedly shared a threatening post targeting activist Bharath Kumdelu, tagging additional pages such as KARAVALI-OFFICIAL.

Several other accounts — including ‘immu_bhai.fan’, ‘target_boy_900’, ‘kings_of_manglore’, ‘team_target_boys.900’, ‘arshad_mangalore’, ‘target_ka19_ullal’, ‘team_target__’, ‘troll_tigersz_900’, ‘tr_group_900’, and ‘team_target_900’ — are also under scrutiny for spreading similar inflammatory material, police said.

Authorities have urged citizens, especially young social media users, to report suspicious pages and avoid engaging with groups that glorify violence or threaten individuals. Online hate can quickly escalate into real-world harm, and police stress that sharing or promoting such content can attract legal consequences.

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News Network
December 4,2025

Udupi: A 40-year-old NRI from Udupi has reportedly lost more than Rs 12.25 lakh in an online investment scam operated through Telegram.

According to a complaint filed at the CEN police station, Leo Jerome Mendonsa, who has been working in Dubai for the past 15 years in computer accessories sales, maintains NRI accounts in Karkala and Nitte.

On November 12, 2025, Mendonsa was added to a Telegram group called Instaflow Earnings by unknown individuals. Users identified as Priya and Dipannita persuaded him to invest in “Revenue Tasks.” Initially, Mendonsa transferred Rs 1,100 multiple times and received the promised returns, encouraging him to continue.

On November 14, another user, Nishmitha Shetty, directed him to register on a website, digitvisionuoce.cc, and invest Rs 4 lakh in various shares. Over the next few days, he made multiple transfers totaling Rs 12,25,000, including Rs 50,000 via Google Pay, believing the scheme was legitimate.

After receiving the money, the alleged handlers stopped responding, and neither the invested amount nor the promised profits were returned.

The CEN police have registered a case under Sections 66(C) and 66(D) of the IT Act and Section 318(4) of the Bharatiya Nyaya Sanhita (BNS), and investigations are ongoing.

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News Network
December 15,2025

Mangaluru, Dec 15: Educational institutions in Mangaluru that rely on the popular Mangala Stadium for their annual sports events are bracing for an inconvenience as the city's key sporting venue is set to close its gates for a significant upgrade. The stadium is expected to be unavailable for approximately two months starting from January 15, 2026.

The closure is necessitated by a proposed overhaul of the stadium's facilities, with a special focus on upgrading the synthetic track. Pradeep Dsouza, Assistant Director of the District of Youth Empowerment and Sports (DYES), Dakshina Kannada, confirmed the development.

"Experts have visited the stadium, conducted a thorough inspection, and have given the go-ahead for a complete makeover," Dsouza stated. "Funds have been allocated for the project, and we are currently awaiting the final green signal from state officials to commence the work. We anticipate that the work will likely begin in the second week of January. Consequently, we have stopped renting out the stadium to colleges and other organizations in preparation for the upgrade."

The timing presents a logistical challenge for colleges, as many schools have already concluded their sports meets.

"Colleges will now be organizing their events and will need to find alternative locations to host their sports meets," Dsouza added. He suggested a few potential venues, including the Dakshina Kannada police ground, University College grounds, Panambur grounds, Swaraj Maidan in Moodbidri, and the Mangalore University sports grounds in Konaje.

However, many institutions note that finding a comparable venue will be difficult. While the DK police ground and University College grounds are closer to the city center, they do not possess the extensive facilities and infrastructure offered by Mangala Stadium.

Dr. P Dayananda Pai - P Satisha Govt First Grade College, Carstreet, is one such institution dependent on the stadium. Principal Jayakar Bhandary expressed hope for a swift completion of the work. "We expect the work to be completed at the earliest. If not, we will be forced to look for other venues to host the sports day for our students," Bhandary said, highlighting the pressing need for the city's main sporting facility.

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