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Forbes has come out with its latest list of 100 most powerful women in the world topped by German Chancellor Angela Merkel.
Five Indian business women are also featured in this list.
Take a look at the most powerful women in the corporate world…
Indra Krishnamurthy Nooyi
Chairman and CEO, PepsiCo
Rank: 13
PepsiCo's 58-year-old Indian-origin CEO Indra Krishnamurthy Nooyi joined PepsiCo in 1994 and was named president and CFO in 2001. Nooyi has directed the company's global strategy for more than ten years.
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Arundhati Bhattacharya
Chairperson, State Bank of India
Rank: 36
In October 2013, Arundhati Bhattacharya was appointed as the chairperson of State Bank of India.
She had joined SBI as a probationary officer in 1977 and later steered the bank through thick and thin. She had stints in areas such as retail, treasury and corporate finance during her 36-year career at SBI.
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Chanda Kochhar
MD and CEO, ICICI Bank
Rank:43
Chanda Kochhar, 52, oversees almost $125 billion in assets as Managing Director and CEO of ICICI Bank.
"She has been credited with leading a remarkable transformation at the firm, which experienced major setbacks after the 2008 financial crisis," Forbes said.
Her focus on "mobile banking" in rural areas to reach more clients has been praised as a model for low-cost expansion in a country with a burgeoning middle class.
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Padmasree Warrior
Chief Technology and Strategy Officer, Cisco
Rank: 71
In her five years at Cisco, Padmasree Warrior has been instrumental in getting partnerships and acquisitions for the company.
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Kiran Mazumdar-Shaw
Founder, Biocon
Rank: 92
Kiran Mazumdar-Shaw is the wealthiest self-made woman (net worth $655 million) in India.
Her firm, Biocon, which she founded in 1978 has an annual revenue of $572 million.
Click NEXT to find out more about the world's 10 most powerful women according to Forbes magazine.
Janet Yellen
Chair, Federal Reserve, United States
Rank: 2
Janet Yellen is the first woman to head the most influential central bank in the world.
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Christine Lagarde
Managing Director, International Monetary Fund, France
Rank: 5
Christine Lagarde is the first woman to run the International Monetary Fund.
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Mary Barra
CEO, General Motors, United States
Rank: 7
Mary Barra took the reins of General Motors when she became CEO earlier this year. She is known to have steered the company well in tough times.
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Virginia Rometty
CEO, IBM, United States
Rank: 10
Vrginia Rometty began her career as a systems engineer in 1981 at IBM and has risen to the ranks of the technology company by sheer hard work and leadership qualities.
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Susan Wojcicki
CEO, Youtube, United States
Rank: 12
Two months ago, Susan Wojcicki took over as the CEO of the world's largest video platform-Youtube.
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Irene Rosenfeld
CEO, Mondalez, United States
Rank: 15
Irene Rosenfeld has nearly 3 decades of experience in the food and beverage industry. Her remarkable leadership style has helped the company grow at a faster pace.
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Maria Das Gracas Silva Foster
CEO, Petrobras, Brazil
Rank: 16
After spending nearly three decades ar Petrobas, Maria Das Gracas Silva Foster has come a long way in dealing with every minute issue pertaining to her firm. Foster is the firs woman CEO of the company.
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Marissa Mayer
CEO, Yahoo, United States
Rank: 18
Marissa Mayer's net worth is estimated to be $310 million.
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Meg Whitman
CEO, Hewlett Packard (HP), United States
Rank: 20
Meg Whitman has been earning a $1 salary, but she is set to receive a $1.5M raise in 2014, says Forbes magazine.
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Marillyn Hewson
CEO, Lockheed Martin, United States
Rank: 21
Marillyn Hewson has headed various business verticles of Lockheed Martin before taking charge as the CEO. The journey so far was not an easy one for Hewson who has trained many youngsters to lead teams in the worlds largest aerospace and defense security firm.