Nita Ambani tops most powerful businesswomen in Asia list

first_imgReliance Industries director Nita Ambani and State Bank of India chairman Arundhati Bhattacharya have been ranked top two in Forbes’ “Asia 50 Power Businesswomen 2016″ list, which acknowledges the inroads women are making in the business world.Including Ambani and Bhattacharya, eight Indian businesswomen made the cut in the list.”In a country where billionaire wives tend to remain in the shadow of their husbands, Nita’s rising profile in the Reliance empire is unusual and earns her a debut spot on our Power Businesswomen ranking this year,” said Forbes, which also ran a separate story on her.Incidentally, a Reliance Group entity is a licensee for publishing Forbes India.”As Reliance’s non-executive director, Nita has no formal operational role in the conglomerate that her husband runs as chairman and managing director. But it’s no secret that ‘Bhabhi’ — Hindi for brother;s wife — as she is called by insiders, is a power near the throne.”Mukesh Ambani, her husband, is the group chairman.Among her achievements, the magazine said an accidental entry into sports made her the face of her group after Reliance spent $112 million for a cricket team, snatching such icons as Sachin Tendulkar. The team went on to win two titles after her induction.On the flip side, the magazine said the Ambanis have been criticised for not having personally been givers, commensurate with Mukesh’s $22-billion wealth, and for moving into a 27-storey sky palace in south Mumbai, billed as the world’s most expensive home for its $1 billion tag.advertisementOn State Bank of India chairman Arundhati Bhattacharya , the magazine said, “She is facing her most challenging test yet with the State Bank of India, the country’s biggest. Mounting bad loans, which stood at $11 billion in December, caused net profit to plunge more than 60 percent to 190 million in a recent quarter.””The days of promoters gaming the banking system are over,” she warned in February, before urging the arrest of liquor baron Vijay Mallya, whose defunct Kingfisher Airlines owes more than $1.3 billion to state-run banks.last_img read more

Go back to the enewsletter Sofitel Luxury Hotel

first_imgGo back to the e-newsletter >Sofitel Luxury Hotels has announced the opening of the latest in its award-winning, global So SPA collection at Sofitel Queenstown Hotel & Spa, following the launch of the French spa brand in 2013 at Queenstown’s sister property Sofitel Auckland Viaduct HarbourWouter de Graaf, Area General Manager of Sofitel Luxury Hotels New Zealand, says, “We are thrilled to unveil our global spa concept to provide hotel guests and local residents with a world-class spa experience in Queenstown.“Wellness is a growing focus for Sofitel Luxury Hotels, and our comprehensive range of deluxe treatments, together with high-end products and stylish treatment rooms are in line with So SPA’s across the world.”So SPA’s selection of therapies is categorised in a similar way to a French gourmet restaurant menu. Guests can indulge themselves and tailor their spa experience by combining different treatments listed under ‘Starters’, ‘Mains’, ‘Specials’ and ‘Desserts’.Treatments listed under ‘Starters’ last 30 minutes and are designed for busy urbanites seeking rest and relaxation. ‘Mains’ and ‘Desserts’ last an hour and feature full body massages, facial care and other luxurious treatments intended to revitalise and nourish the body and soul.Treatments use French cosmetology brand THÉMAÉ, designed around the natural, healing benefits of tea. Other beauty brands on offer include Sothys and Pure Fiji.On arrival, spa guests are treated to a complimentary fragrant foot bath, followed by a private consultation with a So SPA therapist to ensure guests’ individual needs are met.All 5 treatment rooms boast individual showers and steam rooms, with a couples’ suite complete with cedar wood Jacuzzi. Notably, the So SPA now features a new and unique infra-red room as well as serene relaxation rooms in addition to a discovery bar, where guests are encouraged to further unwind following their treatment over a freshly brewed tea and healthy snack.Crafted Kiwi sculptures, local artworks with influences of traditional Maori greenstone have been incorporated into the spa decor to reflect the hotel’s unique location near the shores of Lake Wakatipu.  Go back to the e-newsletter >last_img read more