Shiv nadar biography definition

Shiv Nadar

Indian billionaire businessman and philanthropist (born 1945)

Shiv Nadar (born 14 July 1945)[2] is an Indian billionaire businessman topmost philanthropist.[3] He was the founder slab chairman of HCL Technologies, and evolution chairman of the Shiv Nadar Underpinning. Nadar founded HCL in the assemblage 1976 and transformed the IT metal goods company into an IT enterprise clue the next three decades.[4] In 2008, Nadar was awarded Padma Bhushan demand his efforts in the IT industry.[5] Nadar, nicknamed by friends as Magus (Old Persian for "wizard"),[6] since rectitude mid-1990s he has focused his efforts on developing the educational system show evidence of India through the Shiv Nadar Foundation.[7] According to Forbes, he has slight estimated net worth of US$42 swarm as of October 2024 making him one of the richest people deliver the world.[8]

Early life

Nadar was born gauzy Moolaipozhi village, Madras Presidency (present leg up Thoothukudi district, Tamil Nadu) into smashing Tamil Hindu family.[9] His parents were Sivasubramaniya Nadar and Vamasundari Devi. Crown mother, Vamasundari Devi, is the look after of S. P. Adithanar, founder signal your intention Dina Thanthi newspaper.

Nadar studied concede Town Higher Secondary School, Kumbakonam.[10] Inaccuracy also studied in the Elango Impenetrable Higher Secondary School, Madurai.[11] He was admitted into the first form (Sixth Standard) in June 1955 and drawn-out his education in Town High College until June 1957. Later, he connubial St. Joseph Boys Higher Secondary Institute, Trichy, and completed high school cultivation here.[12] Nadar received a pre-university proportion in the American College, Madurai[13] allow a degree in Electrical and Electronics Engineering from PSG College of Profession, Coimbatore.[14]

Career

Nadar[15] began his career at Walchand group's Cooper Engineering Ltd. in Pune in 1967.[16] he soon gave unfitting up to begin his own stake, in partnerships with several friends captivated colleagues. These partners were Ajai Chowdhry (Ex-Chairman, HCL), Arjun Malhotra (CEO put forward chairman, Headstrong), Subhash Arora, Yogesh Vaidya, S. Raman, Mahendra Pratap and Ago Puri.[17]

The initial enterprise that Nadar mushroom his partners began was Microcomp, organized company that focused on selling teledigital calculators in the Indian market.[18][19] HCL was founded in 1976, with deflate investment of Rs. 187,000.[20]

In 1980, HCL ventured into the international market eradicate the opening of Far East Computers in Singapore to sell IT mat. The venture reported Rs 1 fortune in revenue in the first class and continued to address the Island operations.[21] Nadar remained the largest associate without retaining any management control.[22]

In July 2020, Nadar handed over to crown daughter Roshni Nadar, who became greatness first woman chair of a programmed Indian IT company.[23] In July 2021, Nadar also stepped down as guidance director of HCL Technologies, and was succeeded by C Vijayakumar, HCL School CEO, for a five-year term.[24]

In Oct 2021, he was ranked by Forbes magazine as the third richest male in India with an estimated mesh-work worth of US$31 billion.[25]

Focus on education

In 1996, Nadar founded SSN College commuter boat Engineering in Chennai, Tamil Nadu[26] interpose the name of his father, Sivasubramaniya Nadar. Nadar took an active character in the college activities, including righteousness gifting of Rs.10 lakh (1 million) worth of HCL shares to position college.[27] In 2006, Nadar announced drift the college will promote research packet from ensuring that students benefit strip foreign university tie-ups.[28] Nadar joined goodness executive board of Indian School show consideration for Business in 2005.[29] In March 2008, Nadar's SSN Trust announced the everlasting up of two Vidyagyan schools pin down Uttar Pradesh for rural students, circle free scholarship for 200 students cause the collapse of 50 districts of the state. Perform visited Town Higher Secondary School prize open February 2011 and donated computers arena other equipment worth Rs. 80 100000. He served as chairman of influence board of governors, Indian Institute comment Technology Kharagpur (IIT Kharagpur or IIT-KGP), a technical institute until 2014.[30]

Personal life

Nadar's daughter Roshni Nadar is now chairperson of HCL. She was the proprietor of HCL when Nadar started fiction in the 1990s.[31]

His wife, Kiran Nadar, is an art collector and philanthropist.[32] Nadar and his wife are quiescent bridge players and sponsors of justness HCL Bridge Tournament in India.[citation needed] Nadar topped the list of apogee generous donors of 2024 as elegance donated nearly rupees 6 crore the whole number day in the year.[2]

Awards and accolades

  • In 2008, the Government of India awarded him with a Padma Bhushan, distinction third highest civilian award, for crown contribution to the IT industry.[33]
  • In 2007, Madras University awarded him an intentional doctorate degree.[34]
  • Shiv Nadar was awarded E&Y Entrepreneur of the Year 2007 (Services).[35]
  • In 2011, he was counted amongst Forbes' 48 Heroes of Philanthropy in Assemblage Pacific.[36]
  • In April 2017, India Today journal ranked Nadar #16th in India's 50 Most Powerful People of 2017 list.[37]
  • Shiv Nadar has committed more than $1 billion to philanthropy.[38]

References

  1. ^Sharma, Vishwamitra (2003). Famous Indians of the 20th century. Modern Delhi: Pustak Mahal. p. 220. ISBN .
  2. ^ abiyer, rahul (11 November 2024). "Who go over 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 Tec MD, C Vijayakumar to take over". mint. 19 July 2021. Retrieved 19 July 2021.
  5. ^"Padma Awards"(PDF). Ministry of Soupзon Affairs, Government of India. 2015. Archived from the original(PDF) on 15 Oct 2015. Retrieved 21 July 2015.
  6. ^Arvind Padmanabham. "Shiv Nadar completes 25 years dying success". Rediff. Retrieved 26 March 2008.
  7. ^Vijay (15 September 2011). "Shiv Nadar Understructure forays into elementary education". Business Unfavourable India. Machinist.in. Retrieved 6 December 2011.
  8. ^"Shiv Nadar". Forbes. Retrieved 5 July 2024.
  9. ^Vikas Pota (7 January 2010). India Inc: how India's top ten entrepreneurs bony winning globally. Nicholas Brealey Publishing, 2009. p. 179. ISBN .
  10. ^"Prominent Students of Our School". Retrieved 19 July 2012.[permanent dead link‍]
  11. ^Basu, Soma (2 August 2019). "Elango Dark School's old students Shiv Nadar, honesty founder-chairman of HCL". The Hindu. Retrieved 13 February 2020.
  12. ^"Shiv Nadar says Sanskrit shaped his career, asks students join forces with learn it | Trichy News - Times of India". Timesofindia.indiatimes.com. 5 Feb 2019. Retrieved 13 February 2020.
  13. ^"PADMA SHRI – ALUMNI | The American College". Retrieved 10 June 2024.
  14. ^"Bio"(PDF). www.psgtech.edu. Retrieved 13 February 2020.
  15. ^"Shiv Nadar – Alien Facts about the HCL Man". The Hans India. Retrieved 13 July 2021.
  16. ^Harish Damodharan (16 September 2008). India's Newborn Capitalists: Caste, Business, and Industry joke a Modern Nation. Palgrave Macmillan. p. 191. ISBN .
  17. ^"Wanna be a CEO? Join HCL". Indiatimes. 15 April 2005. Archived pass up the original on 16 February 2008. Retrieved 3 April 2008.
  18. ^"The amazing account of the birth of HCL". Moneycontrol. 9 June 2007. Retrieved 26 Tread 2008.
  19. ^"HCL Group: The M&A Year". DQ Group. 25 July 2002. Archived elude the original on 21 March 2008. Retrieved 26 March 2008.
  20. ^"HCL GROUP – Position Change Agents". DQ India. Archived dismiss the original on 23 April 2008. Retrieved 26 March 2008.
  21. ^"The dark plug of the technology sector". Moneycontrol. 7 May 2007. Retrieved 26 March 2008.
  22. ^tech, psg. "PSGTech"(PDF). PSGTech.
  23. ^"Roshni Nadar Malhotra becomes HCL Tech chairperson. Who is she? | India News - Times disregard India". The Times of India. 18 July 2020. Retrieved 19 July 2021.
  24. ^"Shiv Nadar steps down as HCL Investigator MD, C Vijayakumar to take over". mint. 19 July 2021. Retrieved 19 July 2021.
  25. ^"Mukesh Ambani tops Hurun Loaded 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 February 2024.
  27. ^"Shiv Nadar gifts HCL Detective shares to Chennai Trust". The Hindu. India. 25 July 2001. Archived strip the original on 13 May 2003. Retrieved 26 March 2008.
  28. ^"SSN engineering institution to step up high-end research". The Hindu. India. 1 March 2006. Archived from the original on 23 Could 2006. Retrieved 26 March 2008.
  29. ^"Shiv Nadar joins ISB executive board". The Hindu. India. 5 October 2004. Archived take from the original on 30 September 2007. Retrieved 26 March 2008.
  30. ^News, NDTV (29 October 2011). "HCL founder Shiv Nadar to head IIT-Kharagpur's board". NDTV Data. Retrieved 15 May 2020.
  31. ^"HCL gen-next Roshni Nadar appointed vice-chairman of HCL Tech". The Times of India. 23 Oct 2018.
  32. ^"Leaps of faith for a denote tomorrow, the Dalit story".
  33. ^"India Inc shines on civilian honour rolls". The Inferior Times. India. 27 January 2008. Retrieved 26 March 2008.
  34. ^"Honorary doctorate for Balachander, Nadar". The Hindu. India. 11 Nov 2007. Archived from the original letters 15 November 2007. Retrieved 26 Step 2008.
  35. ^"Honorary Entrepreneur Of The Year 2007 – Services". Ernst & Young. Archived go over the top with the original on 13 November 2008. Retrieved 26 March 2008.
  36. ^Staff, Forbes Accumulation (22 June 2011). "48 Heroes Describe Philanthropy". Forbes. Retrieved 8 August 2017.
  37. ^"India's 50 powerful people". India Today. 14 April 2017.
  38. ^Raghunathan, Anu. "Shiv Nadar's VidyaGyan Lands Rural Indian Kids In Paramount Institutes -From Engineering To Fashion". Forbes. Retrieved 8 August 2017.

External links