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. 4 Shares . Written By. Shiv Nadar has stepped down from the chairman’s post. Roshni will succeed him with immediate effect, the IT major said in a BSE filing, adding that Shiv Nadar would continue to be the Managing Director of the company. [8] Within a year of her joining HCL, she was elevated as executive director and CEO of HCL Corporation. They have two sons, Armaan (born 2013) and Jahaan (born 2017). Shiv Nadar, an industrialist and philanthropist, is the founder and chairman of the multi billion firm HCL Enterprises. A few subsects of the Nadar community, such as the Nelamaikkarars, were traditionally wealthy landlords and money lenders. The Nadar community was not a single caste, but developed from an assortment of related subcastes, which in course of time came under the single banner Nadar. Roshni Nadar Malhotra was born in 1982 and is 38 years old as of 2020. Read more about Shiv Nadar retires, daughter Roshni becomes HCL Technologies chairperson on Business Standard. She is responsible for all strategic decisions for the $8.9 billion IT major. Wiki/Biography. Business tycoon Shiv Nadar has stepped down as HCL Technologies Chairman, handing over the reins to his daughter Roshni Nadar Malhotra. Times Internet Limited. Also, read this, Sanjay Jha. [2][3] She 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. Shiv Nadar steps down as Chairman of Board of Directors of HCL Technologies. Times Syndication Service. Kiran is known to be an avid art collector. Roshni was born in 1982 and grew up in Delhi. Roshni Nadar Age. Roshni Nadar Malhotra (born 1980/1981) is an Indian businesswoman, the chairperson of HCL Technologies and the first woman to lead a listed IT company in India. Nadar's daughter, Roshni Nadar Malhotra, will succeed him with immediate effect. Roshni Nadar Malhotra will take over as the Chairperson of the HCL board of directors from July 17, 2020. His father was Sivasubramaniya and mother Vamasundari Devi. Roshni is the only child of Shiv and Kiran Nadar. She earned an MBA from the Kellogg School of Management. Destiny's Child: Roshni Nadar - The only child of Shiv Nadar, the founder of HCL Technologies, 31-year old Roshni Nadar took over as the CEO of HCL Technologies in 2009. Addressing the Vijayadashmi function of the Rashtriya Swayamsevak Sangh (RSS) at Reshimbagh ground in Maharashtra's Nagpur, Nadar urged the … Nadar will continue as managing director … Ananya Varma [15] In 2010, she married Shikhar Malhotra, vice chairman of HCL Healthcare. [13][14] She set up 'The Habitats' trust that aims at protecting India's natural habitats and indigenous species in a bid to create and conserve sustainable ecosystems. Shiv Nadar is an industrialist and philanthropist, who is the founder and chairman of the multinational I.T. Nadar is a trained classical musician. New Delhi: IT firm HCL Technologies on Friday announced that its Chairman Shiv Nadar has stepped down and named Roshni Nadar Malhotra, Nadar's daughter as the new Chairman. Nadar climbers were the largest subsect of today's Nadar community. Mazumdar-Shaw is the founder of India’s largest listed biopharmaceutical firm Biocon. The founder and Chairman of HCL technologies, Shiv Nadar has stepped down and his daughter Roshini Nadar Malhotra is set to take his place. The 38-year-old Roshni Nadar is the only daughter of HCL founder Shiv Nadar. Copyright © 2020. [9][10] She subsequently became the chairperson of HCL Technologies, after her father Shiv Nadar stepped down. India’s richest woman Roshni Nadar Malhotra on … Roshni Nadar is known businesswomen from India. Her mother, Kiran Nadar, is an Indian art collector and founder of Kiran Nadar Museum of Art. N oida-based IT major HCL Technologies on Friday announced that Chairman Shiv Nadar was stepping down and his daughter Roshni Nadar Malhotra will succeed him with immediate effect. Roshni, who is currently the non-executive director, has been appointed as the chairperson of the board of directors with effect from July 17, 2020. The 1,930-sq yard plot will be re-built into a sprawling mansion, fulfilling the requirements of Nadar’s daughter and his son-in law, the paper reported. 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. New Delhi: HCL founder-chairman Shiv Nadar on Tuesday said the government alone could not take the country to the next level and asked all stakeholders to pitch-in for solving the problems and challenges being faced by the nation. Shiv Nadar Steps Down as CEO of HCL, Daughter Roshni Nadar Malhotra to take over. Indian IT pioneer Shiv Nadar cofounded HCL in a garage in 1976 to make calculators and microprocessors. Nadar Children – Roshni Nadar. 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. company HCL Enterprises. The couple have a daughter. Mr. Shiv Nadar would continue to be the Managing Director of the Company with the designation as the Chief Strategy Officer of the Company." They have two sons, Armaan (born 2013) and Jahaan (born 2017). She currently serves HCL as CEO and Executive Director. 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 is also the executive director of HCL Enterprise and is the only child of Shiv Nadar. HCL Technologies co-founder Shiv Nadar has stepped down from the position of the chairman of the board of directors. Shiv Nadar steps down as HCL Technologies Chairman; daughter Roshni to succeed him Shiv Nadar will be stepping down from the position of the Chairman but will retain the position of … Shiv Nadar Steps Down As Daughter Roshni Nadar Malhotra Takes Over As HCL Chairperson HCL Technologies 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. She belongs to the wealthy and well-educated family of Delhi, India. 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 … [12] She had also been involved in brand building across the HCL Group. The appointment of non-executive director Roshni Nadar Malhotra to the […] [5] Shiv Nadar was born in 1945, in Tiruchendur, Tamil Nadu. “We are living in unprecedented times where organizations and people across geographies are dealing with challenges related to the pandemic. By: ABP News Bureau | 17 Jul 2020 01:36 PM (IST) Shiv Nadar steps down as Chairman of HCL Technologies. Nadar’s daughter, believed to be India’s wealthiest woman will now be the new chairperson of HCL Technologies. [4] In 2019, she is ranked 54th on the Forbes World's 100 Most Powerful Women list. HCL chairman Shiv Nadar buys bungalow for daughter at Rs 115 crore. Nadar is chairperson of VidyaGyan Leadership Academy, a leadership academy for the economically underprivileged. Earlier in July this year, HCL founder and Chairperson Shiv Nadar handed over the reins of his empire to his daughter Roshni. Business Jul 18, 2020 Tanurag Ghosh ( Editor: Ekta Joshi ) 4 Shares . [3], Nadar is a trained classical musician. Shiv Nadar would continue to be MD of the company with designation as chief strategy officer. These are some ideas for Christmas and New Year gifts for your dear ones, Telegram rolls out new Voice Chats feature to instant messenger, Master Business Fundamentals from Wharton. Roshni Nadar, the daughter of business tycoon Shiv Nadar, has been appointed CEO of the HCL group’s holding company. Nadar will take over from her father, who has decided to step down, HCL Tech said in a stock-exchange filing on Friday. Today, he chairs HCL Technologies, a $9.9 … His daughter Roshni Nadar Malhotra takes over effective July 17, 2020. In 2010, she married Shikhar Malhotra, vice chairman of HCL Healthcare. All rights reserved.For reprint rights. According to IIFL Wealth Hurun India Rich List (2019), Nadar is the richest woman in India. She was born and brought up into the family of HCL founder Shiv Nadar. He completed his graduation from The American College, Madurai and degree in Electrical and Electronics Engineering from PSG college of Technology. Read: HCL Tech shares gain on better-than-expected profit in Q1. A … Along with that she serves as a Trustee for the Shiv Nadar Foundation and has also set up the Kiran Nadar Museum of Art. Kiran Mazumdar-Shaw, … [7], She worked in various companies as a producer before joining HCL. She is the only daughter of Shiv Nadar and Kiran Nadar. [11], Prior to becoming CEO of the HCL Corporation, Roshni Nadar was a trustee of the Shiv Nadar Foundation, which runs the not-for-profit Sri Sivasubramaniya Nadar College of Engineering in Chennai. [16], Sri Sivasubramaniya Nadar College of Engineering, "HCL Tech's Roshni Nadar Is First Woman To Lead A Listed IT Company In India", "Roshni Nadar Malhotra, India's Wealthiest Woman, New Chief Of HCL Tech", "HCL gen-next Roshni Nadar appointed vice-chairman of HCL Tech - Times of India", "Mukesh Ambani is richest Indian; Roshni Nadar tops list for women: Report", "5 young guns who will take over top indian companies", "Theindianrepublic.com | Netticasinoiden tasavalta – Markkinoiden hallitsija", "Shiv Nadar Steps Down As HCL Tech Chairman, His Daughter Roshni Nadar Malhotra To Succeed Him", "Roshni Nadar, Kiran Mazumdar among Forbes' 100 most powerful women of the world", "VidyaGyan Hosts its 2nd Graduation Ceremony", "Successfully Juggling Roles, Roshni Nadar Malhotra Is A True Woman", "Roshni Nadar Takes Over As CEO Of HCL Corp", "Roshni Nadar honored with NDTV Young philanthropist of the Year Award", "BW Most Influential Woman Of India: Roshni Nadar Malhotra, CEO, HCL", https://en.wikipedia.org/w/index.php?title=Roshni_Nadar&oldid=992810265, Northwestern University School of Communication alumni, All Wikipedia articles written in Indian English, Articles with unsourced statements from September 2020, Creative Commons Attribution-ShareAlike License, This page was last edited on 7 December 2020, at 05:59. Interesting facts about Roshni Nadar you must not miss out on, Mukesh Ambani is now the fifth richest person in the world, according to Forbes, Mukesh Ambani’s $72 billion fortune makes him richer than Elon Musk and Google’s Larry Page and Sergey Brin, This is how the Dalai Lama wants his followers to celebrate his 85th birthday, These were the highest paid YouTubers of 2020, according to Forbes estimates, This man spent almost ₹50 lakh, let go of his 3BHK dream to run a ‘Rice ATM’ for the needy in Hyderabad, ‘Pre-COVID life won’t be back in 2021’, says Deutsche Bank’s CIO⁠ — he also says Asia will continue to rise, Bharat Biotech again applies for vaccine's emergency approval, Nissan, Datsun cars to cost 5% more from Jan 1 2021, Bharat Biotech to submit additional data for vaccine's emergency approval (IANS Special), Being Santa? The generational transfer of power is taking place at HCL tech. Parents : She is the only daughter of parents – Shiv (father) and Kiran Nadar (mother). 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