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Ghalla Bhansali Stock Brokers Pvt. Ltd.

1st July, 2010

Women Entrepreneurs in India


Theeducatedwomendonotwanttolimittheirlivesinthefourwallsofthe house. They demand equal respect from their partners. However, Indian women havetogo along waytoachieveequalrights and position because traditionsare deeprootedinIndiansociety. Despiteallthesocialhurdles,manywomenhavebecomesuccessfulintheir works. These successful women have made name & wealth for themselves with theirhardwork,diligence,competenceandwillpower.Followingisthelistoffew topWomenEntrepreneursinIndia: IndraNooyi Indian born American businesswoman, Indra Krishnamurthy Nooyi born October 28, 1955 is the ChairpersonandChiefExecutiveOfficer (CEO) of PepsiCo, one of the worlds leading food and beverage companies. On August 14, 2006, Nooyi was named the successor to Steven Reinemund as chief executive officer of the company effectiveOctober1,2006.OnFebruary5, 2007, she was named Chairperson, effectiveMay2,2007. NooyijoinedPepsiCoin1994andwasnamedpresidentandCFOin2001. Nooyi has directed the companys global strategy for more than decade and led PepsiCos restructuring, including the 1997 divestiture of its restaurants into Tricon,nowknownasYum!Brands.Nooyialsotooktheleadintheacquisitionof Tropicana in 1998, and merger with Quaker Oats Company, which also brought Gatorade to PepsiCo. In 2007 she became the fifth CEO in PepsiCos 44year history. Nooyis key contributions include promoting and supporting socially responsible business practices, including taking on one of the planets most pressing problems, climate change. Her commitment to global citizenship is evidencedbyhermultiyeargrowthstrategy,PerformancewithPurpose. NooyiwasnamedonWallStreetJournalslistof50womentowatchin2007 and2008,andwaslistedamongTimes100MostInfluentialPeopleinTheWorld in 2007 and 2008. Nooyi has been named 2009 CEO of the Year by the Global SupplyChainLeadersGroup(GSCLG). www.ghallabhansali.com 1

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1st July, 2010 Dr.KiranMazumdarShaw EntrepreneurDr.KiranMazumdar Shaw, Chairman & Managing Director of BioonLtd.ShewaseducatedattheBishop Cotton Girls School and Mount Carmel CollegeinBangalore. She founded Biocon India with a capitalofRs.10,000inhergaragein1978 the initial operation was to extract an enzyme from papaya. Her application for loans were turned down by banks then onthreecountsbiotechnologywasthena newword,thecompanylackedassets,and (most importantly) women entrepreneurs were still a rarity. Today, her company is the biggest biopharmaceutical firm in the country. In2004,BioconwentforanIPOandtheissuewasoversubscribedbyover 30 times. PostIPO, Shaw held close to 40% of the stock of the company and was regardedasIndiasrichestwomanwithanestimatedworthofRs.2,100crore(~U.S. $480million). AnuAga This woman became the Chairperson of Thermax Engineering after the death of her husband Rohinton Aga. The companys condition was critical at that time.ItssharepricedippedtoRs.36from Rs. 400. Anu Aga, the then Director of Human Resource, Thermax, was compelledtotakechargeofthecompany. In order to make the company profitable, she brought a consultant from abroadandrestructuredthecompany.Thestrategyworkedandthecompanysaw profit again. She stepped down from the post of chairperson in 2004. Now, she spends most of her time in social activities. Bombay Management Association awardedherManagementWomanAchieveroftheYearAward20022003. After retiring from Thermax, she took to social work, and 2010 was awardedthePadmaShri(SocialWork)byGovt.ofIndia.

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1st July, 2010 SulajjaFirodiaMotwani Sulajja Firodia Motwani is Joint Managing Director of Kinetic Engineering Ltd,sheistheinchargeoftheCompanys overall business developmental activities. Sheisalsoverywellperformingtheroleof the Director of Kinetic Motor Company Limited and Kinetic Marketing Services Limited. She as made an incredible contribution in making the firm reach heightsofsuccess. PriortojoiningKineticCompany,Sulajjaworkedforaperiodoffouryears withawellknowninvestmentanalyticscompany,BARRAInternational,basedin California. She has been an active participant in setting the operations of the company in India. Throughout her studies, she has been a rank holder. She has alwaysclearedexamswithmerit.HernameappearedinthetopperslistintheSSC examinations and HSC examinations. She graduated from the Pune University. Thereafter, she went to the United States for pursuing further studies. She is an MBAdegreeholderfromthereputedCarnegieMellonUniversityatPittsburgh. She is an epitome of boldness and courage. With her strong determination and courage, she has been able to establish a niche for the firm in the business world. The Company has witnessed tremendous expansion during her tenure. From being a mere moped manufacturer, today, it has set its foothold in the industry as a manufacturer offering a complete range of two wheelers right from mopeds,scooterstomotorcycles. EktaKapoor Ekta Kapoor, creative head of Balajji Telefilms, is the daughter of actor Jeetendra, and sister of actor Tushar Kapoor. She has been synonymous with the rage of soap operas on Indian TV, after her most famous venture Kyunki Saas Bhi Kabhi Bahu Thi, whichstartedairingonSTARPlusin2000. EktadominatesIndiantelevision,producingmorethaneighttelevisionsoaps. Atthe6thIndianTellyAwards2006,shebaggedtheHallofFameawardforher contributions.MostofhercreationsbeginwiththeletterKduetohersuperstition thatitbringshergoodluck. She is `a smart woman with a definite agenda` and has also been appropriatelytermedasAsia`smostpowerfulcommunicatorandtheladyno.1in Hindiserialsandmovies www.ghallabhansali.com 3

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1st July, 2010 SimoneTata With her visions, she changed a small unknown cosmetics company, one of the subsidiaries of Tata Oil Mills, into oneoftheleading cosmeticcompanies of India. Lakme changed the face of Indian fashion and cosmetics forever. For her success,SimoneN.Tataisalso knownas CosmeticCzarinaofIndia.Simonejoined Lakme in 1961 and became Chairperson in1982. Eyeinggrowthintheretailssector, in1996TatasoldoffLakmtoHindustan Lever Limited (HLL), and created Trent fromthemoneyitmadethroughthesale. All shareholders of Lakm were given, quivalent share in Trent. The Westside brandandstoresbelongstoTrent.SimoneTatawasthewifeoflateNavalH.Tata andisstepmothertocurrentTatagroupchairmanSriRatanNavalTata. VidyaManoharChhabria The wife of late Manohar Rajaram Chhabria,isnowleadingJumboGroup,a Dubai based $1.5 billion business conglomerate. She became chairperson of the company after the death of her husband in 2002. She runs the business with the helpofherthreedaughters. She was ranked 38th most powerful women bytheFortunemagazinein2003. The interests of the Jumbo Group include consumer electronics and durables, tyres and tubes, brewing and distilling products, chemicals, machinery and equipment. The groups Indian companies have interests in brewing and supplychainmanagement. She manages to also attend to household chores and spend time with her daughters. A great lover of Indian cuisineand music, at present, her dream is to developJumboasafocusedglobalentity. www.ghallabhansali.com 4

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1st July, 2010 PriyaPaul Priya Paul (born 1967), is a prominent woman entrepreneur of India, and currentlytheChairperson ofAppeejay The Park Hotels chain of boutique hotels. She joined the company, after finishing her studies in Economics at the Wellesley College (US) working under her father, as Marketing Manager at the Park Hotel, Delhi,attheageof22. After the death of Surrendra Paul, she succeeded him in 1990 as the ChairpersonoftheHospitalityDivisionoftheApeejaySurendraGroup. Her contributions to industry and commerce, particularly in the field of HospitalityIndustryhavebeenrepeatedlyrecognizedandshehasreceivedseveral awardsandcitations,includingthefollowing: TheFederationofHotelsandRestaurantsAssociationofIndiaconferred onherYoungEntrepreneuroftheYearaward(19992000), She was nominated for The Economic Times Awards as the Businesspersonoftheyear(20022003),and UKs Tatler magazine rated The Park (Bangalore, India), a part of her Group,asoneofthe101BestHotelWorldwidein2003.

Conclsion: Indiaisbrimmingwiththesuccessstoriesofwomen.Theystandtallfrom therestofthecrowdandareapplaudedfortheirachievementsintheirrespective field.Thesewomenleadersareassertive,persuasiveandwillingtotakerisks.They managed to survive and succeed in this cut throat competition with their hard work,diligenceandperseverance. Abilitytolearnquicklyfromherabilities,herpersuasiveness,openstyleof problemsolving,willingnesstotakerisksandchances,abilitytomotivatepeople, knowing how to win and lose gracefully are the of the Indian women entrepreneurs. InarecentsurveyitisrevealedthatthefemaleentrepreneursfromIndiaare generating more wealth than the women in any part of the world. The basic qualities required for entrepreneurs and the basic characters of Indian women, reveal that, much potential is available among the Indian women on their entrepreneurialability.Thispotentialistoberecognized,broughtoutandexposed forutilizationinproductiveandservicesectorsforthedevelopmentofthenation.

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1st July, 2010 MaheshBabaria maheshb@ghallabhansali.com MittalChheda mittald@ghallabhansali.com Disclaimer:
This document has been prepared by Ghalla Bhansali Stock Brokers Pvt. Limited (Ghalla Bhansali). This documentdoesnotconstituteanofferorsolicitationforthepurchaseorsaleofanyfinancialinstrumentoras anofficialconfirmationofanytransaction.Theinformationcontainedhereinisfrompubliclyavailabledataor othersourcesbelievedtobereliable,butwedonotrepresentthatitisaccurateorcompleteanditshouldnotbe reliedonassuch.GhallaBhansalioranyofitsaffiliates/groupcompaniesshallnotbeinanywayresponsible foranylossordamagethatmayarisetoanypersonfromanyinadvertenterrorintheinformationcontainedin this report. This document is provided for assistance only and is not intended to be and must not alone be taken as the basis for an investment decision. The user assumes the entire risk of any use made of this information.Eachrecipientofthisdocumentshouldmakesuchinvestigationasitdeemsnecessarytoarriveat an independent evaluation of an investment in the securities of companies referred to in this document (including the merits and risks involved), and should consult his own advisors to determine the merits and risks of such investment. The investment discussed or views expressed may not be suitable for all investors. This information is strictly confidential and is being furnished to you solely for your information. This informationshouldnotbereproducedorredistributedorpassedondirectlyorindirectlyinanyformtoany otherpersonorpublished,copied,inwholeorinpart,foranypurpose.Thisreportisnotdirectedorintended fordistributionto,oruseby,anypersonorentitywhoisacitizenorresidentoforlocatedinanylocality,state, countryorotherjurisdiction,wheresuchdistribution,publication,availabilityorusewouldbecontrarytolaw, regulation or which would subject Ghalla Bhansali and affiliates/ group companies to any registration or licensingrequirementswithinsuchjurisdiction.Thedistributionofthisdocumentincertainjurisdictionsmay berestrictedbylaw,andpersonsinwhosepossessionthisdocumentcomes,shouldinformthemselvesabout andobserve,anysuchrestrictions.Theinformationgiveninthisdocumentisasofthedateofthisreportand therecanbenoassurancethatfutureresultsoreventswillbeconsistentwiththisinformation.Thisinformation is subject to change without any prior notice. Ghalla Bhansali reserves the right to make modifications and alterations to this statement as may be required from time to time. However, Ghalla Bhansali is under no obligationtoupdateorkeeptheinformationcurrent.Nevertheless,GhallaBhansaliiscommittedtoproviding independentandtransparentrecommendationtoitsclientandwouldbehappytoprovideanyinformationin responsetospecificclientqueries.NeitherGhallaBhansalinoranyofitsaffiliates,groupcompanies,directors, employees, agents or representatives shall be liable for any damages whether direct, indirect, special or consequential including lost revenue or lost profits that may arise from or in connection with the use of the information. Past performance is not necessarily a guide to future performance. The disclosures of interest statementsincorporatedinthisdocumentareprovidedsolelytoenhancethetransparencyandshouldnotbe treated as endorsement of the views expressed in the report. Ghalla Bhansali Stock Brokers Pvt. Limited generally prohibits its analysts, persons reporting to analysts and their family members from maintaining a financialinterestinthesecuritiesorderivativesofanycompaniesthattheanalystscover.Theanalystforthis reportcertifiesthatalloftheviewsexpressedinthisreportaccuratelyreflecthisorherpersonalviewsabout thesubjectcompanyorcompaniesanditsortheirsecurities,andnopartofhisorhercompensationwas,isor willbe,directlyorindirectlyrelatedtospecificrecommendationsorviewsexpressedinthisreport.

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