Tata, Ambani on Fortune Asia's most powerful list
The Free Press Journal — October 11, 2005

Four Indians, including Ratan Tata and Mukesh Ambani are among Asia's 25 most powerful business leaders listed by the latest issue of 'Fortune' magazine, reports UNI. Ratan Tata, the chairman of the Tata Group is ranked 12th and Mukesh Ambani of the Reliance Industries comes 17th on the list headed by Samsung Electronics CEO Jong-Yong Yun. The other Indians featuring in 'Asia 25' are Infosys CEO Nandan Nilekani (rank 13) and Wipro chairman Azim Premji (rank 19). Ratan Tata was not on the list last year while Nilekani has moved up to 13 from 23 and Mukesh Ambani has dropped to 17 from 13 and Premji from 10 to 19.'

Fortune' says at 67, Ratan Tata "shows no signs of slowing down". "In the past year, he has been busy buying companies in Korea, Singapore, and Africa." Nilekani is described as "one of the architects of India's IT revolution" who earned himself a starring role this year in American journalist Thomas Friedman's bestselling book 'The World is Flat' as the man who first suggested that the world is being flattened by new technologies. The list also has Saudi Aramco's Harvard-educated boss Abdallah Jum'ah, Toyota's Katsuaki Watanable, LG Electronics CEO Kim Ssang Su and Sony CEO Howard Stringer.