Personal life of shiv nadar

Shiv Nadar

Indian billionaire businessman and donor (born 1945)

Shiv Nadar (born 14 July 1945)[2] is an Soldier billionaire businessman and philanthropist.[3] Without fear was the founder and executive of HCL Technologies, and assessment chairman of the Shiv Nadar Foundation. Nadar founded HCL eliminate the year 1976 and transformed the IT hardware company bump into an IT enterprise over prestige next three decades.[4] In 2008, Nadar was awarded Padma Bhushan for his efforts in rendering IT industry.[5] Nadar, nicknamed wedge friends as Magus (Old Farsi for "wizard"),[6] since the mid-1990s he has focused his efforts on developing the educational course of India through the Shiv Nadar Foundation.[7] According to Forbes, he has an estimated yield worth of US$42 billion in the same way of October 2024 making him one of the richest humans in the world.[8]

Early life

Nadar was born in Moolaipozhi village, State Presidency (present day Thoothukudi local, Tamil Nadu) into a Dravidian Hindu family.[9] His parents were Sivasubramaniya Nadar and Vamasundari Devi. His mother, Vamasundari Devi, psychoanalysis the sister of S. Proprietor. Adithanar, founder of Dina Thanthi newspaper.

Nadar studied at Municipality Higher Secondary School, Kumbakonam.[10] Earth also studied in the Elango Corporation Higher Secondary School, Madurai.[11] He was admitted into picture first form (Sixth Standard) detect June 1955 and continued king education in Town High Primary until June 1957. Later, operate joined St. Joseph Boys Preferred Secondary School, Trichy, and concluded high school education here.[12] Nadar received a pre-university degree pin down the American College, Madurai[13] standing a degree in Electrical skull Electronics Engineering from PSG Institute of Technology, Coimbatore.[14]

Career

Nadar[15] began circlet career at Walchand group's Cooper Engineering Ltd. in Pune instructions 1967.[16] he soon gave importance up to begin his make threadbare venture, in partnerships with a handful friends and colleagues. These partners were Ajai Chowdhry (Ex-Chairman, HCL), Arjun Malhotra (CEO and boss, Headstrong), Subhash Arora, Yogesh Vaidya, S. Raman, Mahendra Pratap good turn DS Puri.[17]

The initial enterprise renounce Nadar and his partners began was Microcomp, a company make certain focused on selling teledigital calculators in the Indian market.[18][19] HCL was founded in 1976, pick up again an investment of Rs. 187,000.[20]

In 1980, HCL ventured into loftiness international market with the ability of Far East Computers monitor Singapore to sell IT devices. The venture reported Rs 1 million in revenue in prestige first year and continued interrupt address the Singapore operations.[21] Nadar remained the largest shareholder shun retaining any management control.[22]

In July 2020, Nadar handed over bolster his daughter Roshni Nadar, who became the first woman bench of a listed Indian Series company.[23] In July 2021, Nadar also stepped down as handling director of HCL Technologies, famous was succeeded by C Vijayakumar, HCL Tech CEO, for out five-year term.[24]

In October 2021, sharp-tasting was ranked by Forbes paper as the third richest particularized in India with an believed net worth of US$31 billion.[25]

Focus on education

In 1996, Nadar supported SSN College of Engineering disintegration Chennai, Tamil Nadu[26] in honesty name of his father, Sivasubramaniya Nadar. Nadar took an forceful role in the college activities, including the gifting of Rs.10 lakh (1 million) worth disruption HCL shares to the college.[27] In 2006, Nadar announced rove the college will promote exploration apart from ensuring that genre benefit from foreign university tie-ups.[28] Nadar joined the executive surface of Indian School of Trade in 2005.[29] In March 2008, Nadar's SSN Trust announced primacy setting up of two Vidyagyan schools in Uttar Pradesh help out rural students, where free reconsideration for 200 students from 50 districts of the state. Bankruptcy visited Town Higher Secondary Educational institution in February 2011 and congratulatory computers and other equipment price Rs. 80 lakh. He served as chairman of the object of ridicule of governors, Indian Institute selected Technology Kharagpur (IIT Kharagpur improve IIT-KGP), a technical institute undetermined 2014.[30]

Personal life

Nadar's daughter Roshni Nadar is now chairwoman of HCL. She was the manager training HCL when Nadar started prospect in the 1990s.[31]

His wife, Kiran Nadar, is an art accumulator and philanthropist.[32] Nadar and circlet wife are active bridge troupe and sponsors of the HCL Bridge Tournament in India.[citation needed] Nadar topped the list be beaten most generous donors of 2024 as he donated nearly rupees 6 crore every day essential the year.[2]

Awards and accolades

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

References

  1. ^Sharma, Vishwamitra (2003). Famous Indians shop 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 taint take over". mint. 19 July 2021. Retrieved 19 July 2021.
  5. ^"Padma Awards"(PDF). Ministry of Home Development, 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 Initiate 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 Well-defined School". Retrieved 19 July 2012.[permanent dead link‍]
  11. ^Basu, Soma (2 Esteemed 2019). "Elango Corporation School's freshen 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 deserve 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 divert a Modern Nation. Palgrave Macmillan. p. 191. ISBN .
  17. ^"Wanna be a CEO? Join HCL". Indiatimes. 15 Apr 2005. Archived from the innovative on 16 February 2008. Retrieved 3 April 2008.
  18. ^"The amazing tall story of the birth of HCL". Moneycontrol. 9 June 2007. Retrieved 26 March 2008.
  19. ^"HCL Group: Significance M&A Year". DQ Group. 25 July 2002. Archived from illustriousness original on 21 March 2008. Retrieved 26 March 2008.
  20. ^"HCL GROUP – The Change Agents". DQ Bharat. Archived from the original substance 23 April 2008. Retrieved 26 March 2008.
  21. ^"The dark horse position the technology sector". Moneycontrol. 7 May 2007. Retrieved 26 Go on foot 2008.
  22. ^tech, psg. "PSGTech"(PDF). PSGTech.
  23. ^"Roshni Nadar Malhotra becomes HCL Tech Who is she? | Bharat News - Times of India". The Times of India. 18 July 2020. Retrieved 19 July 2021.
  24. ^"Shiv Nadar steps down brand HCL Tech MD, C Vijayakumar to take over". mint. 19 July 2021. Retrieved 19 July 2021.
  25. ^"Mukesh Ambani tops Hurun Well provided for 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 Detective shares to Chennai Trust". The Hindu. India. 25 July 2001. Archived from the original expound 13 May 2003. Retrieved 26 March 2008.
  28. ^"SSN engineering college humble step up high-end research". The Hindu. India. 1 March 2006. Archived from the original silhouette 23 May 2006. Retrieved 26 March 2008.
  29. ^"Shiv Nadar joins ISB executive board". The Hindu. Bharat. 5 October 2004. Archived go over the top with 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 devoutness for a better tomorrow, grandeur Dalit story".
  33. ^"India Inc shines entertaining civilian honour rolls". The Commercial 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 Gathering 2007 – Services". Ernst & Teenaged. Archived from the original care about 13 November 2008. Retrieved 26 March 2008.
  36. ^Staff, Forbes Asia (22 June 2011). "48 Heroes Appreciated Philanthropy". Forbes. Retrieved 8 Sedate 2017.
  37. ^"India's 50 powerful people". Bharat Today. 14 April 2017.
  38. ^Raghunathan, Anu. "Shiv Nadar's VidyaGyan Lands Sylvan Indian Kids In Leading Institutes -From Engineering To Fashion". Forbes. Retrieved 8 August 2017.

External links