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Shiv nadarhcl
1. Shiv Nadar
From Wikipedia, the free encyclopedia
Shiv Nadar
Born
14 July 1945 (age 68)[1]
Thoothukudi, Tamil Nadu, India
Residence
Delhi, Chennai
Nationality Indian
Alma mater PSG College of Technology, The American College in
Madurai
Occupation Founder and chairman of the HCL
Founder of SSN Trust
Net worth
$6.2 billion (2012)[2]
Spouse(s)
KiranNadar
Children
RoshniNadar
Parents
SivasubramaniyanNadar
Vamasundari Devi
Dr. Shiv Nadar (born 14 July 1945) is an Indian industrialist and philanthropist. He is the founder and chairman
of HCL and the Shiv Nadar Foundation. As of 2012, his personal wealth is US$ 6.2 billion. Nadar
founded HCL in the mid-1970s and transformed the IT hardware company into an IT Enterprise over the next
three decades by constantly reinventing his company's focus. In 2008, Nadar was awarded Padma
Bhushan for his efforts in the IT industry. Nadar, nicknamed by friends as Magus (Old
Persian for Wizard),[3] since mid-1990s has focused his efforts in developing the educational system of India
through the Shiv Nadar Foundation.[4]
Contents
2. [hide]
1 Early life
2 Career
3 Focus on education and healthcare
4 Awards and accolades
5 References
6 External links
Early life[edit source | editbeta]
Nadar was born in 1945 in Moolaipozhi village, about 10 kilometres (6.2 mi) from Tiruchendur in Thoothukudi
district, Tamil Nadu, India. His parents were SivasubramaniyaNadar and Vamasundari Devi.[5]
His mother, Vamasundari Devi and S. P. Adithanar, founder of Dina Thanthi were siblings. He was a student
of Town Higher Secondary School, Kumbakonam.[6] Nadar received a pre-University degree in The American
College, Madurai and degree in Electrical And Electronics Engineering from PSG College of
Technology, Coimbatore. He began his career at Walchand group's Cooper Engineering in Pune in 1967.[7]
Career[edit source | editbeta]
Along with AjaiChowdhry (Ex-Chairman, HCL Infosystems), ArjunMalhotra (CEO and Chairman, Headstrong),
SubhashArora, YogeshVaidya, S. Raman, MahendraPratap and DS Puri,[8]initially Nadar started Microcomp to
sell teledigital calculators in the Indian market.[9][10] HCL was founded later in 1976 with an investment of Rs
187,000.[11]
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 revenue in the first year and continued to address the
Singapore operations.[12] Nadar remained the largest shareholder without retaining any management control.
Focus on education and healthcare[edit source | editbeta]
In 1996, Nadar founded SSN College of Engineering in Chennai, Tamil Nadu in the name of his father,
SivasubramaniyaNadar. Nadar takes active role in the college activities including gifting of Rs. 1 million worth
of HCL shares to the college.[13] In 2006, Nadar announced that the college will promote research apart from
ensuring that students benefit from foreign university tie-ups.[14]Nadar joined the Executive Board of Indian
School of Business in 2005.[15] In March 2008, Nadar's SSN Trust announced setting up of two Vidyagyan
schools in UP for rural students where free scholarship will be provided for 200 students from 50 districts
of Uttar Pradesh.[16]
Awards and accolades[edit source | editbeta]
3. In 2008, Government of India awarded Nadar with Padma Bhushan, the third highest civilian award, for his
contribution to IT industry.[17]
In 2007, Madras University awarded him honorary doctorate degree (D Sc) for his contributions in promoting
software technology.[18] Nadar was also recognised as E&Y Entrepreneur of the Year 2007 (Services).[19]
References[edit source | editbeta]
1.
Jump up^ Sharma, Vishwamitra (2003). Famous Indians of the 20th century. New Delhi: PustakMahal.
p. 220. ISBN 81-223-0829-5.
2.
Jump up^ Shiv Nadar topic page. Forbes.com. Retrieved September 2010.
3.
Jump up^ ArvindPadmanabham. "Shiv Nadar completes 25 years of success". Rediff. Retrieved 26 March
2008.
4.
Jump up^ Vijay (2011-09-15). "Shiv Nadar Foundation forays into elementary education". Machinist.in.
Retrieved 2011-12-06.
5.
Jump up^ VikasPota. India Inc: how India's top ten entrepreneurs are winning globally. Nicholas Brealey
Publishing, 2009. p. 179. ISBN 1-85788-524-4.
6.
Jump up^ "Prominant Students of Our School". Retrieved July 19, 2012.
7.
Jump up^ Harish Damodharan (16 September 2008). India's New Capitalists: Caste, Business, and
Industry in a Modern Nation. Palgrave Macmillan. p. 191. ISBN 978-0-230-20507-9.
8.
Jump up^ "Wanna be a CEO? Join HCL". Indiatimes. 15 April 2005. Retrieved 3 April 2008.
9.
Jump up^ "The amazing story of the birth of HCL". Moneycontrol. 9 June 2007. Retrieved 26 March 2008.
10. Jump up^ "HCL Group: The M&A Year". DQ Group. 25 July 2002. Retrieved 26 March 2008.
11. Jump up^ "HCL GROUP – The Change Agents". DQ India. Retrieved 26 March 20
2. HCL Technologies Limited (HCL) (BSE: 532281, NSE: HCLTECH) is a global IT services
company. It made its IPO in 1999 offers services including software-led IT solutions, remote
infrastructure management, engineering and R&D services, and business process outsourcing
(BPO). HCL has offices in 31 countries and 90,000 employees. HCL Technologies, along with its
subsidiaries, had consolidated revenues of US$ 6.3 bn as on 14th September, 2013.
3. Acquisitions and Joint Ventures[edit]
4. The company acquired Capital stream, a US BFSI product company for US$40 million in
February 2008. Capital stream's Finance Center product is an obligation to HCL's current product
addressing the BFSI market - Pen stock, the product that HCL has launched in 2007. HCL sold its
product Capital steam to French applications software provider Line data for a consideration of
[1]
$45 million in Feb 2013.
5. On 15 December 2008, HCLT acquired the UK based AXON Group for US$658 million, which
was renamed HCL Axon.
4. Currentstatus:
Today, HCL sells more PCs in India than any other brand, runs Northern Ireland's largest BPO operation, and
manages the network for Asia's largest stock exchange network apart from designing zero visibility landing
systems to land the world's most popular airplane. And this it does across 31 countries and across 505 points
of presence in India.
LEADERSHI
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ALSO
SEE
Select another leader
Shiv Nadar
On Recession's Effect on IT
-
Click here to see the video
Shiv Nadar was born and raised in mofussil Tamil Nadu, in an
India awakening to its first Prime Minister, Jawaharlal Nehru‟s
“Tryst with Destiny”. Studying his way through the Indian
schooling and graduate system, a scholastically-gifted Nadar
confronted both the harsh realities and the opportunities of a
struggling Indian state before he saw his first big town,
Chennai, at the age of 21. His story is both a reflection of the
times he lived in as well as the future that he always dreamt of
shaping.
On Satyam's Lasting Impact
Founder & Chairman
HCL,
Shiv Nadar Foundation
Nadar was part of the elite DCM management trainee system
where he met several of the people with whom he was soon to
impact an entire industry as a pioneer of modern computing. In
1976, eight young men left DCM to create HCL in a Delhi
Barsati “akin to a garage startup” with a compelling vision – that
the microprocessor would change the world.
Click here to see the video
Shiv Nadar among Forbes 48 Heroes of Philanthropy
- Read More.
Shiv Nadar receives the Padma Bhushan
- Complete Report.
Interview of Shiv Nadar with CNN for Talk Asia
program
Click here to see the
video
Exclusive Interview of Shiv Nadar for Times Now
10th Aug 06
Click here to see the video
5. Interview of Shiv Nadar with CNN for Talk Asia
program
Click here to see the
video
A visionary, Nadar made HCL an engine of invention turning dreams into reality. HCL, under Nadar‟s leadership,
revolutionized Indian technology and product innovation with many world firsts to its credit – the first 8-bit
microprocessor-based computer in 1978, the first Relational Database Management System in 1983 before some of its
global peers, client- server architecture in 1984, world‟s first fine-grained multi-processor UNIX installation in 1989,
among others. A pioneer in Remote Infrastructure Management, HCL was instrumental in implementing and managing
the infrastructure backbone of one of India‟s tallest financial institutions – the National Stock Exchange. HCL played a
key role in supporting India‟s telecom revolution through the creation of the largest mobile distribution network with
Nokia. HCL Technologies, which spun out of HCL‟s R&D unit, is currently a top IT services company in India and a
global
leader
in
Engineering
&
R&D
Services
with
a
game
changing
business
model.
Nadar has made daring forays based on his conviction of the future. HCL created several valuable Joint Ventures and
alliances with marquee partners such as Hewlett Packard, Cisco, Perot Systems, Deutsche Bank and Toshiba among
others, to emerge as a global technology enterprise. In the last three decades, HCL has evolved into a $6.3-billion
global enterprise with over 100,000 professionals from 102 diverse nationalities, and addresses customers in 70
countries,
including
over
500
points
of
presence
in
India.
In 1994, Nadar established what he believed was closest to his heart - the philanthropic Shiv Nadar Foundation and
created its first initiative in Chennai, the SSN Institutions, that is a top ranked engineering college. Today the
Foundation is a significant driver of social change and transformational education through its landmark institutions
spanning the entire education spectrum from schools to universities. VidyaGyan, an innovation in school education,
reaches out to the „top of the bottom of the pyramid‟ and creates leaders from across the cross-section of the society. A
young and a unique research-led interdisciplinary university, the Shiv Nadar University has been identified as India‟s
first
Ivy
League
institution.
In recognition of his pioneering role in business and philanthropy in India and across the globe, Nadar has received
several honours and accolades, notable being the Padma Bhushan from the President of India.
Shiv Nadar often says that he is a product of education. He is restless, passionate and a creative institution builder who
also
likes
to
quote
Andy
Grove
by
stating
“Only
the
Paranoid
Survive”.
Nadar stays in Delhi with his wife Kiran. KiranNadar, an internationally renowned bridge player and an avid art collector,
has established the iconic KiranNadar Museum of Art, India‟s largest private philanthropic art museum.
chevement: Chief Executive Officer of Hindustan Computers Limited (HCL), India's largest infotech conglomerate
Shiv Nadar is the Chief Executive Officer of Hindustan Computers Limited (HCL), India's largest infotech
conglomerate. He figures in the Forbes list of Indian billionaires.
Originally hailing from MoolaipozhiVillage,Trichendur,Tutocorin District, Tamil Nadu, Shiv Nadar moved to Delhi in
1968. He worked as an engineer with DCM Ltd. But the entrepreneur in Shiv Nadar wanted to set up his own
business. Therefore, he along with six of his colleagues launched a firm making office products like copiers.
In late 1970s, when IBM quit India, Shiv Nadar's HCL stepped in to fill the vacuum. In 1982, HCL came out with its
first computer. Today, HCL derives 80% of its revenue from computers and office equipment. HCL has also been
spreading its global reach. Its Singapore subsidiary, Far East Computers, achieved a breakthrough in imaging
technology, which, among other applications, enables computers to read handwritten tax returns.
6. HCL has adopted innovative practices to achieve growth. In the U.S, a software subsidiary, HCL America, has reaped
huge dividends by taking advantage of global time zones. Every morning, the company's Chennai office receives
software assignments from the U.S, just after work stops there for the night. A team of Indian engineers, with salaries
much lower than those of their American counterparts, complete the jobs and send them back in the evening