Ratan Tata is named as India’s most powerful CEO

                The Chairman of Tata Sons Ratan Tata tops the ET-Corporate Dossier ranking of India Inc’s Most Powerful CEOs list for the fourth year running, which simply implied that he is one of the wealthiest people of India.

                 He is all set to retire by the end of this year only, so Mr. Ratan Tata will leave a vacancy at the top when he will be no longer a CEO, just like the former Infosys Chairman N.R. Narayana Murthy dropped off the list of the Most Powerful CEOs, only when he retired from his post of Chief Executive Officer.

                 One thing must be mentioned here that this year’s ranking list includes Cyrus Mistry for the very first time. He is ranked 15^th, by virtue of his newly appointment as vice-chairman and chairman-designate of Tata Sons.

                  The list includes a few other dramatic changes as well. The reason may be the tumultuous environment of recent times which has eventually left many renowned business houses severely mauled.

                    Mukesh Ambani though has managed to retain his position at the second place, but his brother Anil Ambani has fallen six positions to number 11. Another powerful CEO Sunil Mittal has had an even more severe downfall. He is ranked 16^th, while he was at the 3^rd position last year. It is mirroring the state of the telecom sector.

                      However Kumar Mangalam Birla has not let his problems over the 2G spectrum issue eclipse his success in the other important sectors, like retail. He has managed to improve his ranking to the 3^rd position this year compare to the 7^th position in the last year only. Eventually 500 senior executives are interviewed by IMRB for the survey, which is the most essential part of this ranking list.

                      Another important thing is that Vijay Mallya has been ejected from the top 10, along with fellow MP Naveen Jindal. Mallya and Jindal have now been ranked at 43^rd and 17^th positions, respectively.