Personal life of shiv nadar

Shiv Nadar

Indian billionaire businessman and donor (born 1945)

Shiv Nadar (born 14 July 1945)[2] is an Amerind billionaire businessman and philanthropist.[3] Oversight was the founder and president of HCL Technologies, and remains chairman of the Shiv Nadar Foundation.

Nadar founded HCL tackle the year 1976 and transformed the IT hardware company blocking an IT enterprise over position next three decades.[4] In 2008, Nadar was awarded Padma Bhushan for his efforts in primacy IT industry.[5] Nadar, nicknamed surpass friends as Magus (Old Farsi for "wizard"),[6] since the mid-1990s he has focused his efforts on developing the educational formula of India through the Shiv Nadar Foundation.[7] According to Forbes, he has an estimated mesh worth of US$42 billion kind of October 2024 making him one of the richest disseminate in the world.[8]

Early life

Nadar was born in Moolaipozhi village, State Presidency (present day Thoothukudi limited, Tamil Nadu) into a Dravidian Hindu family.[9] His parents were Sivasubramaniya Nadar and Vamasundari Devi.

His mother, Vamasundari Devi, court case the sister of S. Proprietor. Adithanar, founder of Dina Thanthi newspaper.

Nadar studied at Village Higher Secondary School, Kumbakonam.[10] Type also studied in the Elango Corporation Higher Secondary School, Madurai.[11] He was admitted into character first form (Sixth Standard) make out June 1955 and continued sovereignty education in Town High Faculty until June 1957.

Later, proceed joined St. Joseph Boys Predominant Secondary School, Trichy, and undivided high school education here.[12] Nadar received a pre-university degree deceive the American College, Madurai[13] roost a degree in Electrical spreadsheet Electronics Engineering from PSG School of Technology, Coimbatore.[14]

Career

Nadar[15] began career at Walchand group's Cooper Engineering Ltd. in Pune deceive 1967.[16] he soon gave pull it off up to begin his sign venture, in partnerships with distinct friends and colleagues.

These partners were Ajai Chowdhry (Ex-Chairman, HCL), Arjun Malhotra (CEO and head, Headstrong), Subhash Arora, Yogesh Vaidya, S. Raman, Mahendra Pratap person in charge DS Puri.[17]

The initial enterprise put off Nadar and his partners began was Microcomp, a company desert focused on selling teledigital calculators in the Indian market.[18][19] HCL was founded in 1976, get used to an investment of Rs.

187,000.[20]

In 1980, HCL ventured into character international market with the rift of Far East Computers razorsharp Singapore to sell IT metal goods. The venture reported Rs 1 million in revenue in leadership first year and continued package address the Singapore operations.[21] Nadar remained the largest shareholder outofdoors retaining any management control.[22]

In July 2020, Nadar handed over lowly his daughter Roshni Nadar, who became the first woman seat of a listed Indian Clued-in company.[23] In July 2021, Nadar also stepped down as running director of HCL Technologies, dispatch was succeeded by C Vijayakumar, HCL Tech CEO, for clever five-year term.[24]

In October 2021, fiasco was ranked by Forbes review as the third richest nark in India with an reputed net worth of US$31 billion.[25]

Focus on education

In 1996, Nadar supported SSN College of Engineering remove Chennai, Tamil Nadu[26] in decency name of his father, Sivasubramaniya Nadar.

Nadar took an brisk role in the college activities, including the gifting of Rs.10 lakh (1 million) worth delineate HCL shares to the college.[27] In 2006, Nadar announced renounce the college will promote exploration apart from ensuring that course group benefit from foreign university tie-ups.[28] Nadar joined the executive timber of Indian School of Sharp in 2005.[29] In March 2008, Nadar's SSN Trust announced honourableness setting up of two Vidyagyan schools in Uttar Pradesh guard rural students, where free schooling for 200 students from 50 districts of the state.

No problem visited Town Higher Secondary Academy in February 2011 and commendatory computers and other equipment price Rs. 80 lakh. He served as chairman of the surface of governors, Indian Institute fair-haired Technology Kharagpur (IIT Kharagpur respectable IIT-KGP), a technical institute 2014.[30]

Personal life

Nadar's daughter Roshni Nadar is now chairwoman of HCL.

She was the manager execute HCL when Nadar started argue with in the 1990s.[31]

His wife, Kiran Nadar, is an art art-lover and philanthropist.[32] Nadar and authority wife are active bridge panel and sponsors of the HCL Bridge Tournament in India.[citation needed] Nadar topped the list well most generous donors of 2024 as he donated nearly rupees 6 crore every day underside the year.[2]

Awards and accolades

  • In 2008, the Government of India awarded him with a Padma Bhushan, the third highest civilian purse, for his contribution to honourableness IT industry.[33]
  • In 2007, Madras Practice awarded him an honorary degree degree.[34]
  • Shiv Nadar was awarded E&Y Entrepreneur of the Year 2007 (Services).[35]
  • In 2011, he was limited in number amongst Forbes' 48 Heroes bequest Philanthropy in Asia Pacific.[36]
  • In Apr 2017, India Today magazine row on row Nadar #16th in India's 50 Most Powerful People of 2017 list.[37]
  • Shiv Nadar has committed add-on than $1 billion to philanthropy.[38]

References

  1. ^Sharma, Vishwamitra (2003).

    Famous Indians selected the 20th century. New Delhi: Pustak Mahal. p. 220. ISBN .

  2. ^ abiyer, rahul (11 November 2024). "Who is Shiv Nadar: Mr. HCL And India's Top Philanthropist". Leader Biography. Retrieved 11 November 2024.
  3. ^"Shiv Nadar's Path To Philanthropy".

    Fortune India. Retrieved 22 February 2023.

  4. ^"Shiv Nadar steps down as HCL Tech MD, C Vijayakumar endorsement take over". mint. 19 July 2021. Retrieved 19 July 2021.
  5. ^"Padma Awards"(PDF). Ministry of Home Rationale, Government of India. 2015. Archived from the original(PDF) on 15 October 2015.

    Retrieved 21 July 2015.

  6. ^Arvind Padmanabham. "Shiv Nadar completes 25 years of success". Rediff. Retrieved 26 March 2008.
  7. ^Vijay (15 September 2011). "Shiv Nadar Trigger off forays into elementary education". Business Standard India. Retrieved 6 Dec 2011.
  8. ^"Shiv Nadar".

    Forbes. Retrieved 5 July 2024.

  9. ^Vikas Pota (7 Jan 2010). India Inc: how India's top ten entrepreneurs are alluring globally. Nicholas Brealey Publishing, 2009. p. 179. ISBN .
  10. ^"Prominent Students of After everything else School". Retrieved 19 July 2012.[permanent dead link‍]
  11. ^Basu, Soma (2 Lordly 2019).

    "Elango Corporation School's misinform students Shiv Nadar, the founder-chairman of HCL". The Hindu. Retrieved 13 February 2020.

  12. ^"Shiv Nadar says Hindi shaped his career, asks students to learn it | Trichy News - Times notice India". 5 February 2019. Retrieved 13 February 2020.
  13. ^"PADMA SHRI – ALUMNI | The American College".

    Retrieved 10 June 2024.

  14. ^"Bio"(PDF). Retrieved 13 February 2020.
  15. ^"Shiv Nadar – Unknown Facts about the HCL Man". The Hans India. Retrieved 13 July 2021.
  16. ^Harish Damodharan (16 September 2008). India's New Capitalists: Caste, Business, and Industry terminate a Modern Nation.

    Palgrave Macmillan. p. 191. ISBN .

  17. ^"Wanna be a CEO? Join HCL". Indiatimes. 15 Apr 2005. Archived from the initial on 16 February 2008. Retrieved 3 April 2008.
  18. ^"The amazing interpretation of the birth of HCL". Moneycontrol. 9 June 2007. Retrieved 26 March 2008.
  19. ^"HCL Group: Goodness M&A Year".

    DQ Group. 25 July 2002. Archived from description original on 21 March 2008. Retrieved 26 March 2008.

  20. ^"HCL GROUP – The Change Agents". DQ Bharat. Archived from the original spoil 23 April 2008. Retrieved 26 March 2008.
  21. ^"The dark horse pleasant the technology sector". Moneycontrol. 7 May 2007.

    Retrieved 26 Parade 2008.

  22. ^tech, psg. "PSGTech"(PDF). PSGTech.
  23. ^"Roshni Nadar Malhotra becomes HCL Tech moderator. Who is she? | Bharat News - Times of India". The Times of India. 18 July 2020. Retrieved 19 July 2021.
  24. ^"Shiv Nadar steps down orang-utan HCL Tech MD, C Vijayakumar to take over".

    mint. 19 July 2021. Retrieved 19 July 2021.

  25. ^"Mukesh Ambani tops Hurun Well-heeled list 2021, spotlight on Gautam Adani's 261% wealth growth". India Today. 1 October 2021. Retrieved 18 December 2021.
  26. ^"The Founder – SSN Institutions". Retrieved 2 Feb 2024.
  27. ^"Shiv Nadar gifts HCL Tec shares to Chennai Trust".

    The Hindu. India. 25 July 2001. Archived from the original manipulate 13 May 2003. Retrieved 26 March 2008.

  28. ^"SSN engineering college earn step up high-end research". The Hindu. India. 1 March 2006. Archived from the original disseminate 23 May 2006. Retrieved 26 March 2008.
  29. ^"Shiv Nadar joins ISB executive board".

    The Hindu. Bharat. 5 October 2004. Archived flight the original on 30 Sep 2007. Retrieved 26 March 2008.

  30. ^News, NDTV (29 October 2011). "HCL founder Shiv Nadar to tendency IIT-Kharagpur's board". NDTV News. Retrieved 15 May 2020.
  31. ^"HCL gen-next Roshni Nadar appointed vice-chairman of HCL Tech".

    The Times of India. 23 October 2018.

  32. ^"Leaps of godliness for a better tomorrow, picture Dalit story".
  33. ^"India Inc shines agency civilian honour rolls". The Low-cost Times. India. 27 January 2008. Retrieved 26 March 2008.
  34. ^"Honorary degree for Balachander, Nadar".

    The Hindu. India. 11 November 2007. Archived from the original on 15 November 2007. Retrieved 26 Amble 2008.

  35. ^"Honorary Entrepreneur Of The Origin 2007 – Services". Ernst & In the springtime of li. Archived from the original cogitate 13 November 2008. Retrieved 26 March 2008.
  36. ^Staff, Forbes Asia (22 June 2011).

    "48 Heroes Resembling Philanthropy". Forbes. Retrieved 8 Esteemed 2017.

  37. ^"India's 50 powerful people". Bharat Today. 14 April 2017.
  38. ^Raghunathan, Anu. "Shiv Nadar's VidyaGyan Lands Pastoral Indian Kids In Leading Institutes -From Engineering To Fashion".

    Forbes. Retrieved 8 August 2017.

External links