Shiv Nadar | |
---|---|
Born | [1] | 14 July 1945
Alma mater | PSG College of Technology |
Occupation(s) | Founder, HCLTech, SSN College of Engineering, Shiv Nadar University, and Shiv Nadar University, Chennai |
Spouse | Kiran Nadar |
Children | Roshni Nadar Malhotra |
Relatives | S. N. Balakrishnan (brother) |
Awards | Padma Bhushan (2008) |
Shiv Nadar (born 14 July 1945) is an Indian billionaire businessman and philanthropist. [2] He was the founder and chairman of HCL Technologies, and is chairman of the Shiv Nadar Foundation. Nadar founded HCL in the year 1976 and transformed the IT hardware company into an IT enterprise over the next three decades. [3] In 2008, Nadar was awarded Padma Bhushan for his efforts in the IT industry. [4] Nadar, nicknamed by friends as Magus (Old Persian for "wizard"), [5] since the mid-1990s he has focused his efforts on developing the educational system of India through the Shiv Nadar Foundation. [6] According to Forbes, he has an estimated net worth of US$40 billion as of August 2024 making him one of the richest people in the world. [7]
Nadar was born in Moolaipozhi village, Madras Presidency (present day Thoothukudi district, Tamil Nadu) into a Tamil Hindu family. [8] His parents were Sivasubramaniya Nadar and Vamasundari Devi. His mother, Vamasundari Devi, is the sister of S. P. Adithanar, founder of Dina Thanthi newspaper.
Nadar studied at Town Higher Secondary School, Kumbakonam. [9] He also studied in the Elango Corporation Higher Secondary School, Madurai. [10] He was admitted into the first form (Sixth Standard) in June 1955 and continued his education in Town High School until June 1957. Later, he joined St. Joseph Boys Higher Secondary School, Trichy, and completed high school education here. [11] Nadar received a pre-university degree in the American College, Madurai [12] and a degree in Electrical and Electronics Engineering from PSG College of Technology, Coimbatore. [13]
Nadar [14] began his career at Walchand group's Cooper Engineering Ltd. in Pune in 1967. [15] he soon gave it up to begin his own venture, in partnerships with several friends and colleagues. These partners were Ajai Chowdhry (Ex-Chairman, HCL), Arjun Malhotra (CEO and chairman, Headstrong), Subhash Arora, Yogesh Vaidya, S. Raman, Mahendra Pratap and DS Puri. [16]
The initial enterprise which Nadar and his partners began was Microcomp, a company which focused on selling teledigital calculators in the Indian market. [17] [18] HCL was founded in 1976, with an investment of Rs. 187,000. [19]
In 1980, HCL ventured into the international market with the opening of Far East Computers in Singapore to sell IT hardware. The venture reported Rs 1 million in revenue in the first year and continued to address the Singapore operations. [20] Nadar remained the largest shareholder without retaining any management control.[ citation needed ]
In July 2020, Nadar handed over to his daughter Roshni Nadar, who became the first woman chair of a listed Indian IT company. [21] In July 2021, Nadar also stepped down as managing director of HCL Technologies, and was succeeded by C Vijayakumar, HCL Tech CEO, for a five-year term. [22]
In October 2021, he was ranked by Forbes magazine as the third richest person in India with an estimated net worth of US$31 billion. [23]
In 1996, Nadar founded SSN College of Engineering in Chennai, Tamil Nadu [24] in the name of his father, Sivasubramaniya Nadar. Nadar took an active role in the college activities, including the gifting of Rs. 10 lakh worth of HCL shares to the college. [25] In 2006, Nadar announced that the college will promote research apart from ensuring that students benefit from foreign university tie-ups. [26] Nadar joined the executive board of Indian School of Business in 2005. [27] In March 2008, Nadar's SSN Trust announced the setting up of two Vidyagyan schools in Uttar Pradesh for rural students, where free scholarship for 200 students from 50 districts of the state. He visited Town Higher Secondary School in February 2011 and donated computers and other equipment worth Rs. 80 lakh. He served as chairman of the board of governors, Indian Institute of Technology Kharagpur (IIT Kharagpur or IIT-KGP), a technical institute until 2014. [28]
Nadar's daughter Roshni Nadar is now chairwoman of HCL. She was the manager of HCL when Siva Nadar started it in the 1990s. [29]
His wife, Kiran Nadar, is an art collector and philanthropist. [30]
Shiv Nadar and his wife Kiran Nadar are also active Bridge players and sponsors of the famous HCL Bridge Tournament in India
Azim Hashim Premji is an Indian businessman and philanthropist, who was the chairman of Wipro Limited. Premji remains a non-executive member of the board and founder chairman. He is informally known as the Czar of the Indian IT Industry. He was responsible for guiding Wipro through four decades of diversification and growth, to finally emerge as one of the global leaders in the software industry. In 2010, he was voted among the 20 most powerful men in the world by Asiaweek. He has twice been listed among the 100 most influential people by Time magazine, once in 2004 and more recently in 2011. For years, he has been regularly listed one among The 500 Most Influential Muslims. He also serves as the Chancellor of Azim Premji University, Bangalore. Premji was awarded Padma Vibhushan, India's second highest civilian award, by the Government of India.
PSG College of Technology is an autonomous, government aided, private engineering college in Coimbatore, India. It is affiliated with Anna University. It is an initiative of the PSG and Sons Charities Trust.
Aditya Birla Group is an Indian multinational conglomerate, headquartered in Mumbai, India. The group's business interests include metals, cement, fashion and retail, financial services, renewables, fibre, textiles, chemicals, real estate, trading, mining, and entertainment. The group has a presence in 36 nations and a combined annual revenue of US$62 billion, over 50% of which is derived from its overseas operations.
HCL Technologies Limited is an Indian multinational information technology (IT) consulting company headquartered in Noida. Founded by Shiv Nadar, it was spun out in 1991 when HCL entered into the software services business. The company has offices in 60 countries and over 220,000 employees.
Sri Sivasubramaniya Nadar College of Engineering (SSN), popularly known as SSN College of Engineering or simply SSN, is a private engineering college located in Chennai, Tamil Nadu, India. It is an autonomous college affiliated with Anna University founded by Shiv Nadar. The college is certified to ISO 9001:2000 standard by the National Board of Accreditation.
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Dr. Srikumar Banerjee was an Indian metallurgical engineer. He retired as the chairman of the Atomic Energy Commission of India (AECI) and the secretary of Department of Atomic Energy (DAE) on 30 April 2012. Prior to his stint as DAE chairman, he was the director of Bhabha Atomic Research Centre (BARC) from 30 April 2004 to 19 May 2010. He had also served as a DAE Homi Bhabha Chair Professor at Bhabha Atomic Research Centre, Mumbai. He was known as a great physical metallurgist.
Town Higher Secondary School is a school in Kumbakonam, a town in the Thanjavur district in the Indian state of Tamil Nadu.
Kiran Seth is Ex Professor and Professor Emeritus at Indian Institute of Technology Delhi who has done teaching and research in the field of Operations Research there since 1976. He is most known as the founder of SPIC MACAY (1977), a non-profit organisation which promotes Indian classical music, Indian classical dance, folk forms, yoga and meditation, traditional handlooms and handicrafts, cinema classics, and other aspects of Indian culture, amongst youth the world over; doing about 5000 events yearly in about 500 towns in India and about 50 abroad through conventions, baithaks, lecture demonstrations and musical fests.
Roshni Nadar Malhotra is an Indian billionaire businesswoman and philanthropist and the chairperson of HCL Technologies. She is the first woman to lead a listed IT company in India. She is the only child of HCL Group founder and billionaire businessman Shiv Nadar. In 2019, she is ranked 54th on the Forbes World's 100 Most Powerful Women list. According to IIFL Wealth Hurun India Rich List (2019), she is the richest woman in India.
K. Radhakrishnan a.k.a Koppillil Radhakrishnan is an Indian space scientist who headed the Indian Space Research Organisation (ISRO) as Chairman of Space Commission, Secretary of the Department of Space, Government of India. Under his leadership, India became the first country to reach Mars in its first attempt.
Chirayu Amin is an Indian billionaire businessman and cricket administrator. He is the chairman and managing director of Alembic Pharmaceuticals Ltd. and Alembic Group. He was the chairman of the Indian Premier League and vice president of the Board of Control for Cricket in India. He was also the chairman of the Federation of Indian Chambers of Commerce. He also served as the president of the Baroda Cricket Association. As of May 2021, Amin has a net worth of US$1.8 Billion dollars as mentioned by Forbes.
Ajai Chowdhry is one of the six founding members of HCL. He is currently the Chairman-Board of Governors at National Institute of Foundry and Forge Technology (NIFFT), Ranchi, International Institute of Information Technology, and Naya Raipur.
Kiran Shiv Nadar is an Indian art collector and philanthropist. Kiran is the wife of Shiv Nadar, the founder of HCL Technologies, and is a trustee of the Shiv Nadar Foundation and the founder of the Kiran Nadar Museum of Art. She won a bronze medal representing India in the 2018 Asian Games in the Bridge Mixed team event. She was recently awarded the Padma Shri
Shiv Nadar University is a private deemed university located in Greater Noida, in the northern Indian state of Uttar Pradesh. It was founded in 2011 by Shiv Nadar, the founder and chairman of HCL.
Thirumanilaiyur Sitapati Ramana Subramanian was an Indian bureaucrat who served as the cabinet secretary of India from August 1996 to March 1998. He was a 1961 batch Indian Administrative Service officer from Uttar Pradesh Cadre.
Mallika Srinivasan is an Indian industrialist and is the chairman and managing director of Tractors and Farm Equipment Limited, a tractor major incorporated in 1960 at Chennai, India. She is also the Chairperson of the Public Enterprises Selection Board (PESB) constituted by the Government of India. She is additionally on the Global Board of U.S.-India Business Council (USIBC), and the Boards of AGCO Corporation - United States. She is a core member of the BRICS Women's Business Alliance and a member of India-US CEO Forum. She is also the member on the Governing Body of Stella Maris College - Chennai.
C Vijayakumar is the CEO & Managing Director of HCLTech, a global technology company. He was appointed the company’s CEO in October 2016 and its Managing Director in July 2021.
Shiv Nadar University, Chennai is a private university located on SH-49A in Kalavakkam village near Thiruporur, around 20 km south of Chennai in Tamil Nadu, India.
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