The Hindu : Business : BusinessWeek names Sonia, Tata as `Stars of Asia'

Online edition of India's National Newspaper
Tuesday, Jul 06, 2004

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Business

BusinessWeek names Sonia, Tata as `Stars of Asia'

NEW DELHI, JULY 5. Congress President Sonia Gandhi, noted industrialist Ratan Tata and IT specialist Kiran Karnik were named among 25 `Stars of Asia' by the U.S.-based magazine BusinessWeek for being in the `forefront of change'.

Describing Ms. Sonia as the "power behind the throne", the Asian edition of the magazine in its latest issue listed her as the top star of Asia in policymakers category for "turning down the top office and setting a new tone for India".

Mr. Ratan Tata, Chairman of Tata Sons, was given the pride of place in the category of Managers for building up the Tata empire as a global player."For decades, Tata Sons was the archetypal conservative Indian conglomerate: honest and solid but risk-averse... It's that late-career spurt of dynamism that makes Tata a star — and could catapult his 136-year-old company into the global big league," the weekly wrote about this scion of Tata family. Recognising the lobbying skills backed by strong technological credentials of Mr. Karnik that earned a place among the Stars of Asia in the category of Opinion shapers, the magazine credited him with handling successfully the controversial outsourcing issue with the U.S. — PTI

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