Fortune lists Nooyi among US top ten businesswomen
New York: Chennai-born Indra Nooyi, president and CFO of PepsiCo, has been ranked the 10th most powerful businesswoman in the United States by Fortune magazine.

She was promoted president of PepsiCo last year. She is chief executive Steve Reinemunds partner in running the $25-billion soft drink giant. A mother of two children aged 8 and 17, Nooyi has been described by the Fortune magazine as a pragmatic and careful leader.

Prior to being appointed president at PepsiCo, Nooyi had been senior vice-president and CFO for PepsiCo and her responsibilities included corporate strategy, treasury, tax, control, audit, global mergers and acquisitions, information technology and purchasing.

She holds a bachelor of science degree from Madras University, a masters in business administration from the Indian Institute of Management, Kolkata, and a masters in public and private management from Yale University.
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Nicholas Piramal CFO quits
Mumbai: Mahesh S Gupta, chief financial officer of Nicholas Piramal India, has put in his papers, due to "personal reasons."

Prior to joining Nicholas Piramal, Gupta was general manager (corporate planning) of Morarjee Goculdas Spinning, another Piramal company. He joined the group flagship in 1993.
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Nagarajan to take over as IDBI's Dy MD
Mumbai: IDBIs TM Nagarajan will take over as deputy managing director (DMD) of the institution after S K Kapur retires on October 31. Nagarajan, the senior-most executive director has close to a year to go before he retires.
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