48. Kiran Mazumdar-Shaw
Chairman and Managing Director, Biocon
2005 rank: 44
Mazumdar-Shaw, 53, the founder of India's largest biotech company, increased research-and-development spending by 76% last year and built a $250 million facility to produce Biocon's first proprietary drug, for head and neck cancer. Sales rose 9%, to $170 million, but profits were down. Now India's richest self-made woman must convince investors she can deliver profits as well as innovation. One strategy: break into the U.S. generics market.
Call it the year of the Most Powerful Woman CEO. In fact the top seven positions on the 2006 list are held by chief executives.) (more)
Which corporate women raked it in - and how much did they earn? (more)