Business & Economy Current Affairs 2017

Anand Mahindra first Indian to be honoured with Harvard Medal

Mahindra Group Chairman Anand G Mahindra became the first Indian to be honoured with the prestigious Harvard Medal for his ‘dedication, generosity and service’ to the university. In 1977, Mahindra is an alumnus of the HarvardUniversity. He graduated with Honours (Magna Cum Laude) from Harvard College, Cambridge, Massachusetts. He completed his MBA from the Harvard Business School, Boston, Massachusetts in 1981.

Mahindra is the Co-founder of the Harvard Business School (HBS) Association of India and he is also a instituting member of the university’s South Asia Institute (SAI), the HBS India Research Center, and the SAI field office in Mumbai, India. In 2010, Mahindra made a gift of $10 million to the Humanities Centre which was then renamed the Mahindra Humanities Center in honor of his mother, Indira Mahindra.


SBI’s Arundhati Bhattacharya amongst Forbes’ most powerful women

SBI Chairperson Arundhati Bhattacharya is amongst the 5 Indian women who featured in this year’s Forbes’ 100 most powerful women in the world list. The list was topped by German Chancellor Angela Merkel.

Indian women in the list:-

  • Indra Nooyi (Pepsi Co – 13th) (Indian Born but US Citizen now)
  • Arundhati Bhattacharya (SBI – 36th)
  • Chanda Kocchar (ICICI Bank– 43rd)
  • Padamshree Warrior (Cisco – 71st)
  • Kiran Mazumdar (Biocon – 92nd) (Indian Born but US Citizen now)

Top 10 Most Powerful Women in the World:

  1. Angela Merkel (Germany – Politics)
  2. Janet Yellen (US – Finance)
  3. Melinda Gates (US – Philanthropy/NGO)
  4. Dilma Rousseff (Brazil – Politics)
  5. Christine Lagarde (France – Philanthropy/NGO)
  6. Hillary Clinton   (US –   Politics)
  7. Mary Barra (US – Business)
  8. Michelle Obama (US – Politics)
  9. Sheryl Sandberg (US – Technology)
  10. Virginia Rometty (US – Technology)