MOSTPOWERFUL WOMEN

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Mira Kulkarni, 

Chairman and MD
age: 58
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Kulkarni has opened seven new stores in Kolkata, Hyderabad, Mumbai, Goa, and Kochi, as well as at the Mumbai and Delhi airports, bringing the tally to 45. She says two showpiece locations—Khan Market in Delhi and Palladium Mall in Mumbai—earn around a million dollars a year each. Forest Essentials, the company’s flagship brand, recently entered the fragrances space. It continues to be the largest player in the hotel amenities and spa business. One big corporate action that fell through: the additional 19% stake sale to Estée Lauder planned for last year.
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