Page 2 - Shiv Nadar

Gautam Adani now Asia's second richest, earns Rs 1,000 crore daily

The tenth Hurun India rich list has Mukesh Ambani topping it for the 10th year in a row with Rs 7.18 trillion wealth - only 9 per cent up over 2020

USIBC to present Global Leadership Award to Shiv Nadar, Mallika Srinivasan

Prominent Indian industrialists Shiv Nadar and Mallika Srinivasan have been chosen by a top India-centric business advocacy group as the recipients of its 2021 Global Leadership Award. The US India Business Council (USIBC) on Thursday announced the selection of Nadar, founder and chairman emeritus, HCL Technologies and Srinivasan, chair and managing director, Tractors and Farm Equipment Limited (TAFE), for the award. The two top leaders will be honoured at the 2021 India Ideas Summit to be held on October 6-7, a media release said. Given annually since 2007, the Global Leadership Awards recognise top corporate executives from the United States and India who have demonstrated exemplary leadership and played a major role in advancing the strategic and economic partnership between the countries, it said. In conferring these awards, we recognise the outstanding contributions of both Shiv Nadar and Mallika Srinivasan, USIBC said. Under Shiv Nadar's leadership HCL has transitioned from

HCL Tech Q1 net up 9.9% to Rs 3,214 cr on cloud, digital shift deals

Shiv Nadar to move on and take over as chairman emeritus and strategic advisor to the Board for five years. C Vijayakumar, president and CEO, named managing director

Top headlines: Dow tanks 750 points; Shiv Nadar resigns as MD of HCL Tech

Here are the top news stories of the day

Shiv Nadar resigns as MD of HCL Technologies, named Chairman Emeritus

HCL Technologies on Monday said its founder Shiv Nadar will take on the role of Chairman Emeritus and Strategic Advisor to the company's board. Nadar, Chief Strategy Officer and Managing Director of the company, on completing 76 years of age, has tendered his resignation as the MD as well as the Director with effect from close of business hours on July 19, according to a regulatory filing. "In order to continue to benefit from his vast knowledge, experience, and wisdom in an advisory role, the Board of Directors in its meeting held today, after considering the recommendations of the Nomination & Remuneration Committee, has approved the appointment of Shri Shiv Nadar as the 'Chairman Emeritus and Strategic Advisor to the Board' for a term of five years with effect from July 20, 2021," it added. The payment of remuneration or providing any facilities under this role will be subject to the approval of the shareholders. The company has appointed C Vijayakumar - President and CEO of ...

HCL Tech Q4 net dips 6%, expects FY22 revenue to grow in double digits

The IT firm's EBIT margin in FY22 is expected to be between 19%-21%

HCL Tech Q4 preview: PAT may drop 26-31% QoQ on one-time bonus impact

FY22 guidance update, outlook on ER&D and products business, deal TCVs and pipeline, and recent acquisitions are some of the key monitorables

Hurun Global Rich List 2021: World adds 8 billionaires a week in 2020

Hurun Global Rich List 2021: Country-wise, China leads with the most number of billionaires at 1058, followed by the US (696), India (177), Germany, the United Kingdom and Switzerland at over 100 each

India's super-rich club sees 10 new entrants in 2020; wealth up 33%

Ramdev, partner see biggest jump in wealth in percentage terms

After Greater Noida, Shiv Nadar Foundation launches university in Chennai

First private university to be legislated in Tamil Nadu after 90 Years to start admissions by mid-2021

Forbes India Rich List 2020: Ambani dominance continues; see full list

With a global health crisis raging, listed pharma entrepreneurs fared well while those with interests in real estate suffered

Adopt high-end tech across all processes: Billionaires' mantra for future

Analysts expect in the coming years, the Indian rich list to be dominated by new age companies as the Corona pandemic has made adoption of latest, cutting age technology inevitable

Dassault, Shiv Nadar University set up research centre in Greater Noida

Shiv Nadar University Vice Chancellor Rupamanjari Ghosh said the SDC's emphasis is on fostering research and innovation to develop real-life, sustainable solutions of 21st century

IIT-B, Shiv Nadar University develop environment friendly lithium batteries

Researchers at the Indian Institute of Technology (IIT) Bombay and Shiv Nadar University claim to have developed a technology for production of environment friendly Lithium-Sulfur (Li-S) batteries

The family way

Dynastic governance constrains India Inc

End of an era at HCL Tech: Nadar challenged global giants at their own game

He was the last founder chairman in the Indian IT services industry to step down.

Shiv Nadar steps down as HCL Tech chairman, daughter Roshni takes over

Daughter Roshni Nadar Malhotra succeeds him to the top job

HCL Tech likely to grow 1.5-2.5%; Q1 net profit up 31.7% at Rs 2,925 cr

In the quarter ended Q1FY21, the company on Friday reported a profit before tax (PBT) of Rs 3,862 crore, up 31.7 per cent year on year (YoY), while it remained flat on a sequential basis.

Top headlines: 271 mn Indians out of poverty, Shiv Nadar retires & more

Here are the top headlines of the day

Shiv Nadar retires, daughter Roshni becomes HCL Technologies chairperson

Nadar will continue as managing director and hold the designation of Chief Strategy Officer