Originally a research and development division of HCL, it emerged as an independent company in 1991 when HCL entered into the software services business. ‘My daughter did something you won’t like’: HCL founder Shiv Nadar reveals at RSS headquarters. In constant currency terms, HCL Tech's revenue in June 2020 quarter grew 1 per cent year-on-year, the filing said. Nadar will take over from her father, who has decided to step down, HCL Tech said in a stock-exchange filing on Friday. Lewis Institute Community Changemaker Award by Babson College in 2017. Bigg Boss 14: What makes Rakhi Sawant perfect for the show? As per her bio on the HCL Tech website, Roshni is also passionate about wildlife and conservation. Shiv Nadar is the Founder of HCL Enterprise, a $9.9 billion global organization with over 153,000 professionals operating from 50 countries. 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Roshni Nadar becomes HCL Tech Chairperson; first woman to chair listed Indian IT firm On Friday, HCL Technologies announced that its founder and chairman Shiv Nadar stepped down from the role and the company's Board of Directors has appointed his daughter, Roshni, as the new chairperson with immediate effect. Earlier in July this year, HCL founder and Chairperson Shiv Nadar handed over the reins of his empire to his daughter Roshni. HCL technologies were made public by Nadar in 1999, at the time of Initial Public Offering, HCL was the second largest IT company .With emergence of the Internet in 2000, HCL was left behind by its competitors because of their first crack in the Enterprise application services. The 38-year-old Roshni Nadar is the only daughter of HCL founder Shiv Nadar. The founder and Chairman of HCL technologies, Shiv Nadar has stepped down and his daughter Roshini Nadar Malhotra is set to take his place. Its attrition for IT services (on last 12 month basis) was at 14.6 per cent. All rights reserved. Roshni has been associated with work including brand building across the HCL Group. In 2019, she was ranked 54th on the Forbes World's 100 Most Powerful Women list. Roshni Nadar Malhotra will take over as the Chairperson of the HCL board of directors from July 17, 2020. HCL Technologies expects its revenue to increase quarter-on-quarter by an average of 1.5 - 2.5 per cent in constant currency for the next three quarters, it added. Also, she is the only daughter of Shiv Nadar; an Indian billionaire and founder of HCL Technologies Ltd. Shiv Nadar is an Indian entrepreneur, billionaire industrialist founder of HCL Technologies, an innovative technology solutions company in India, headquartered in Noida, Uttar Pradesh. Millions more US jobs at risk of being lost as coronavirus crisis deepens. Nadar made an effort to tie up together HCL with acquisitions in 2001. Ltd in September last year, the US-based Strong-Bridge Envision in March, and some of the software businesses from IBM Corp for $1.8 billion in December 2018. Shiv Nadar will continue to be the managing director of the company and will also hold the title of chief strategy officer. She is also a chairperson of VidyaGyan Leadership Academy, a leadership academy for economically underprivileged. The IT major had registered a net profit of Rs 2,220 crore in the April-June 2019 quarter (as per US GAAP), HCL Technologies said in a regulatory filing. HCL Technologies has announced a dividend of Rs 2 per share. Check out, Happy Birthday Karishma Tanna: An epitome of grace and glam, check pics, Happy Birthday Taimur Ali Khan: 10 pictures of our little nawab that will melt your heart, Insta Trending: Manushi Chhillar solo cruising in Maldives to Ranveer Singh's success mantra IN PICS, Monalisa breaks the internet with her viral photos in Bengali look, New Coronavirus strain in UK: Should you worry? Roshni Nadar Malhotra succeeds Shiv Nadar as HCL Technologies Chairman. Nadar Malhotra, 38 and the only child of HCL’s founder, has paid her dues before this long-planned succession. 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. Roshni Nadar was so far serving as the executive director and chief executive officer of HCL Corporation, as well as the vice-chairperson of HCL Technologies. Roshni is an alumni of Northwestern University majoring in Communication with a focus on Radio/TV/Film. Shiv Nadar, an industrialist and philanthropist, is the founder and chairman of the multi billion firm HCL Enterprises. We are seeing a robust demand environment and a strong pipeline which gives us confidence in our growth trajectory going forward," he said. Mr Nadar would continue to be MD of Company with designation as Chief Strategy Officer," the filing said. HCL Technologies, the third-largest IT services company in India, said Friday that its co-founder Shiv Nadar had stepped down as chairman of the board of directors and handed over the baton to his daughter Roshni Nadar Malhotra.. Nadar, 75, will continue as the company’s managing director, with the designation of chief strategy officer, the Noida-headquartered company said in a statement. Roshni has been working toward nurturing future leaders from rural India who can act as catalysts of change for their communities, villages, and the nation at large. Bigg Boss 14: Kashmera Shah wanted to marry someone else before meeting husband Krushna Abhishek, Bigg Boss 14: Eijaz Khan, Rakhi Sawant and Manu Punjabi display how they support the underprivileged, Bigg Boss 14: Eijaz Khan calls Rahul Vaidya 'fattu' for quitting, latter questions actor's manhood, Roshni Nadar Malhotra succeeds Shiv Nadar as HCL Chairman. Nadar and wife Kiran will be grandparents for the second time. Recognized by Horasis, an internationally renowned think tank, as the Indian Business Leader of the Year 2019. She set up 'The Habitats' trust in 2018 to protect India's natural habitats and indigenous species. Nadar will take over from her father, who has decided to step down, HCL Tech said in a stock-exchange filing on Friday. “We are living in unprecedented times where organizations and people across geographies are dealing with challenges related to the pandemic. Addressing the Vijayadashmi function of the Rashtriya Swayamsevak Sangh in Nagpur, the HCL founder-chairman urged the private sector, citizens and NGOs to come forward to resolve challenges. Daughter of HCL founder Shiv Nadar, 38-year-old Roshni Nadar Malhotra has been appointed as chairperson of India's third-largest software exporter HCL Technologies. I am happy to report that the resilience of our operating model helped us deliver stellar operating margins and cashflows," HCL Technologies President and CEO C Vijayakumar said. Nadar Malhotra is the daughter of HCL founder Shiv Nadar, and Nadar Malhotra took over the HCL Technologies chairperson’s role from his father HCL … She is also a trustee of the Shiv Nadar Foundation and a founder-trustee of the wildlife conservation-focussed The Habitats Trust. She is responsible for all strategic decisions for the $8.9 billion IT … Roshni Nadar Malhotra is also engaged in various humanitarian initiatives. Roshni Nadar Malhotra, the daughter of HCL Technologies Ltd founder Shiv Nadar, has been appointed as the chairperson of the software services company with immediate effect. He is also the Chief Strategy Officer of HCL Technologies, a group company and India’s third largest IT services organization. The 38-year-old succeeds her father Shiv Nadar. LUCKNOW, UTTAR PRADESH, 07/11/2017:HCL SAMUDAY-SHIV ROSHNI NADAR:: HCL founder, Shiv Nadar with daughter Roshni Nadar Malhotra, CEO, HCL Corporation and Chairman, CSR Committee HCL Technologiies Board, at a function to felicitate the achievers in different fields aided by HCL Samuday in the villages of state, in Lucknow on Tuesday. He is the founder and chairperson of The Shiv Nadar Foundation and HCL. In fact, DWS is not the only major overseas investment since Roshni's elevation. He added that the company had healthy bookings, enabled by 11 new transformational deal wins. Parents : She is the only daughter of parents – Shiv (father) and Kiran Nadar (mother). Shiv Nadar, Founder, HCL Technologies. The Foundation aims to work toward protecting India’s natural habitats and its indigenous species with the core mission of creating and conserving sustainable ecosystems through strategic partnerships and collaborations with all stakeholders, at every level. On Friday, HCL Technologies announced that its founder and chairman Shiv Nadar stepped down from the role and the company’s Board of Directors has appointed his daughter… The company was initially set up in 1976. She also is the driving force behind VidyaGyan, a leadership academy for the economically underprivileged, meritorious, rural students of Uttar Pradesh. HCL technologies on Friday posted 31.7 per cent rise in consolidated net profit at Rs 2,925 crore for the June 2020 quarter, and said that Shiv Nadar has stepped down from the Chairman's role. Roshni Nadar Malhotra is the new Chairman of HCL Technologies, the company announced in a regulatory filing on Friday. On Friday, HCL Technologies announced that its founder and chairman Shiv Nadar stepped down from the role and the company's Board of Directors has appointed his daughter… Some of these acquisitions include advanced technology design services provider Sankalp Semiconductor Pvt. Nadar Malhotra is the daughter of HCL founder Shiv Nadar, and took over the HCL Technologies chairperson’s role from him in July 2020. Roshni Nadar is also a trained classical musician and is the Chairperson of HCL Technologies. googletag.cmd.push(function () { googletag.display('div-gpt-ad-1494579592958-0'); }); Big fraud! Within a year of her joining HCL, she was elevated as executive director and CEO of HCL Corporation. Roshni Nadar before joining HCL, worked employed in various companies as a producer. HCL Technologies announced its June quarter (Q1) results today. HCL Technologies Co-founder Shiv Nadar has stepped down from the position of chairman of the board of directors and his daughter Roshni Nadar Malhotra, who held the position of a non-executive director, will now take over. Know from Shahnaz Husain, Worried about your skin in winters? Nadar's daughter, Roshni Nadar Malhotra, ... Roshni is the only child of HCL's founder, Shiv Nadar. Nadar-Malhotra is the daughter of 75 year old Shiv Nadar who founded HCL along with Ajai Chowdhry, Arjun Malhotra and five others. FIRST POSTER, Sunil Gavaskar claims R Ashwin, T Natarajan subject to 'different rules' within Team India. 'My Daughter Did Something You Won’t Like': What Chief Guest Shiv Nadar Said at RSS Dussehra Function Tamil Nadu grants permission to hold Jallikattu event with certain restrictions, check SOPs, Sensex rallies 437 points; Nifty reclaims 13,600, Merry Christmas 2020: How to send Christmas stickers on WhatsApp, Opinion | A victory, both for democracy and the people of Kashmir, ISL 2020/21: Igor Angulo's brilliance hands FC Goa win against Jamshedpur, Dangal turns 4: Sanya Malhotra recalls fond memories of shooting with Fatima Sana Shaikh, Aamir Khan, Babar Azam's legal counsel accuses woman of blackmailing his client. In 2019, she was ranked 54th on the Forbes World's 100 Most Powerful Women list. The couple's only daughter and the CEO of HCL Corp, Roshni, is expected to deliver early this year. It has struck almost a dozen deals in India and overseas since 2015, according to VCCEdge, the data research arm of Mosaic Digital. Oct 8, 2019, 10:23 pm IST. On a sequential basis, the topline was lower by 4 per cent from Rs 18,590 crore in the March quarter. Roshni Nadar Malhotra has also taken over as the Chairperson on the Board of HCL Technologies, a leading global technology organization with a market capitalization of $20.5 billion. Nadar is an alumnus of Northwestern University and the Kellogg School of Management. By: ABP News Bureau | 17 Jul 2020 01:36 PM (IST) Shiv Nadar steps down as Chairman of HCL Technologies. Business tycoon Shiv Nadar has stepped down as HCL Technologies Chairman, handing over the reins to his daughter Roshni Nadar Malhotra. Time for some expert tips by Shahnaz Husain, Bigg Boss 14 HIGHLIGHTS: Nikki Tamboli confesses her feelings for Aly Goni; Vikas & Sonali enter. Copyright © 2020 VCCircle.com. It reported consolidated net sales of Rs 70,676 crore for the financial year ended March 2020 and posted profit-after-tax figures of Rs 11,057 crore for the same period. He is the founder and chairman of HCL Technologies Limited and the Shiv Nadar Foundation. HCL Technologies on Friday announced that its co-founder Shiv Nadar has stepped down as the Chairman of the board of directors and will be succeeded by daughter Roshni Nadar Malhotra with immediate effect. MIT magazine rates Aarogya app. According to IIFL Wealth Hurun India Rich List (2019), Roshni Nadar is the richest woman in India. ED attaches assets worth Rs 225 crore of companies fraudulently availing agri loans, Rashmika Mandanna to make Bollywood debut opposite Sidharth Malhotra in Mission Majnu. © 2009-2020 Independent News Service. Roshni Nadar, daughter of Shiv Nadar, founder of HCL [] Coproration, has become the Executive Director and CEO, taking charge from her father, who remains Chairman. Roshni is also the Trustee of the Shiv Nadar Foundation, that is working towards nation building by driving transformational leadership through education. Shares of HCL Technologies Ltd were trading 1.59% up at Rs 637.60 at the time of writing this report. Nadar has also featured on lists including ‘The World’s 100 Most Powerful Women’ compiled by Forbes. Along with the earnings, the IT major also announced that its founder and chairman Shiv Nadar has stepped down from the role and the company’s Board of Directors has appointed his daughter Roshni Nadar Malhotra as the new chairperson with immediate effect. Roshni Nadar is an Indian MBA professional and chairperson of HCL Technologies. Co-Founder of HCL Technologies, Shiv Nadar has stepped down from the role of the Chairman of the Board of Directors (BoD) and the role will now be fulfilled by his daughter Roshni Nadar Malhotra who has held the position of a non-executive director in the past. "The adverse conditions during this quarter had an anticipated negative impact on our revenue. Property of Mosaic Media Ventures Pvt. Nadar's daughter, Roshni Nadar Malhotra, will succeed him with immediate effect. Roshni is the only child of HCL's founder, Shiv Nadar. Before Roshni Nadar took over as CEO, she had served as the trustee of the Shiv Nadar Foundation, which runs on the not-for-profit Sri  Sivasubramaniya Nadar College of Engineering in Chennai. COVID-19 Pandemic: Are children losing the voice of their own? HCL Technologies Limited, is an Indian multinational information technology (IT) services and consulting company headquartered in Noida, Uttar Pradesh, India.It is a subsidiary of HCL Enterprise. According to her profile on HCL Tech’s website, she is also an alumnus of the Forum of Young Global Leaders, which is an initiative of the World Economic Forum. Roshni married Shikhar Malhotra in 2010. Shiv Nadar (born 14 July 1945) is an Indian billionaire industrialist and philanthropist. At the end of June 2020 quarter, HCL had 150,287 employees with a gross addition of 7,005 people. "We also renewed several large deals during the quarter. Mumbai: Roshni Nadar Malhotra, the daughter of Indian billionaire Shiv Nadar, is stepping out of her father’s shadow to make a foray into healthcare. As Shiv Nadar will step down as the chairman, he will continue to be the Managing Director and Chief Strategy Officer of the company. HCL Technologies' founder Shiv Nadar's only daughter, Roshni Nadar Malhotra, is the richest woman in India On July 17, 2020, Roshni Nadar took over from her Globe Icon An icon of the world globe. "... Shiv Nadar, who expressed his desire to step down from the position of Chairman. 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The new year is set to bring joy to HCL founder Shiv Nadar's household. Last week, HCL founder and Chairperson Shiv Nadar handed over the reins of his empire to his daughter Roshni Nadar Malhotra. She is married to Shikhar Malhotra, who is the executive director of HCL Corporation and the vice chairperson and CEO of HCL Healthcare. Roshni established The Habitats Trust in 2018. Earlier, she was the Executive Director and the CEO of HCL Enterprise. HCL has been one of the most prolific acquirers among India’s software services companies. 15-05-2014. In 1970, he founded HCL and transformed the IT hardware company into an IT enterprise. Indian industrialist and the founder of HCL Shiv Nadar stunned everybody at Vijaya Dashami event of the Rashtriya Swayamsevak Sangh (RSS) in Nagpur. Ltd. 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She graduated with a Masters in Business Administration having a focus on Social Enterprise Management and Strategy from the Kellogg School of Management. Featured in Forbes' - The World's 100 Most Powerful Women- list in 2017, 2018, and 2019. Her mother, Kiran, is an Indian art collector and founder of Kiran Nadar Museum of Art. Roshni is also an alumnus of the Forum of Young Global Leaders (YGL, 2014-19), a unique and diverse community of the world’s most outstanding, next-generation leaders, an initiative of the World Economic Forum. HCL founder Shiv Nadar’s daughter seeks healthcare fortune Bhuma Shrivastava. Their firstborn, Armaan, is over three years old. Facebook Twitter LinkedIn Pinterest Reddit WhatsApp Telegram. Since founder Shiv Nadar stepped down in favour of his daughter Roshni Nadar Malhotra two months ago, HCL has been on a roll, with a series of expansions, tie-ups and buyouts, resulting in its share prices clambering on a steady upward trajectory. 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