The FORTUNE list of The Global 50 Most Powerful Women In Business is out with the new head of General Motors, Mary Barra, who has made it to the top of Fortune’s first list of the most powerful women in global business. We have PepsiCo’s Indra Nooyi, who is third on the list and ICICI’s Chanda Kochhar who moved from the 33rs rank in 2007 to the 18th spot this year are the only two Indian women on the list for 2014.

U.S. based Indra Nooyi -58, the Chairman, CEO of  PepsiCo , who  dropped from the second rank last  year to No 3 this time has  the distinction of doubling up  outside sales the company in her seven years of her run in PepsiCo . The international markets now make up about half of the company's $65.5 billion in revenue which have increased the product and consumer base of the company.

Fifty two year old Chanda Kochhar, the Managing Director, CEO of ICICI Bank who leads the second-largest bank in India, with  over $124 billion in assets, $1.5 billion in profit, and 3,588 branches across the country and with offices spread over 19 countries across the world making her the only Indian woman to be featured in the list for 2014.