Mr Nadar would continue to be MD of Company with designation as Chief Strategy Officer," the filing said. All rights reserved. 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… Originally a research and development division of HCL, it emerged as an independent company in 1991 when HCL entered into the software services business. HCL has been one of the most prolific acquirers among India’s software services companies. "... Shiv Nadar, who expressed his desire to step down from the position of Chairman. Shiv Nadar is an Indian entrepreneur, billionaire industrialist founder of HCL Technologies, an innovative technology solutions company in India, headquartered in Noida, Uttar Pradesh. Facebook Twitter LinkedIn Pinterest Reddit WhatsApp Telegram. 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. Roshni established The Habitats Trust in 2018. 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. 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. Also, she is the only daughter of Shiv Nadar; an Indian billionaire and founder of HCL Technologies Ltd. By: ABP News Bureau | 17 Jul 2020 01:36 PM (IST) Shiv Nadar steps down as Chairman of HCL Technologies. Their firstborn, Armaan, is over three years old. Shiv Nadar (born 14 July 1945) is an Indian billionaire industrialist and philanthropist. 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. 15-05-2014. Roshni Nadar Malhotra is also engaged in various humanitarian initiatives. Know from Shahnaz Husain, Worried about your skin in winters? MIT magazine rates Aarogya app. 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. 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 founder and Chairman of HCL technologies, Shiv Nadar has stepped down and his daughter Roshini Nadar Malhotra is set to take his place. She is married to Shikhar Malhotra, who is the executive director of HCL Corporation and the vice chairperson and CEO of HCL Healthcare. FIRST POSTER, Sunil Gavaskar claims R Ashwin, T Natarajan subject to 'different rules' within Team India. 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. 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. The 38-year-old Roshni Nadar is the only daughter of HCL founder Shiv Nadar. He added that the company had healthy bookings, enabled by 11 new transformational deal wins. She is also a chairperson of VidyaGyan Leadership Academy, a leadership academy for economically underprivileged. We are seeing a robust demand environment and a strong pipeline which gives us confidence in our growth trajectory going forward," he said. It has struck almost a dozen deals in India and overseas since 2015, according to VCCEdge, the data research arm of Mosaic Digital. The company was initially set up in 1976. 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. She is responsible for all strategic decisions for the $8.9 billion IT … Shiv Nadar will continue to be the managing director of the company and will also hold the title of chief strategy officer. Recognized by Horasis, an internationally renowned think tank, as the Indian Business Leader of the Year 2019. 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. The 38-year-old succeeds her father Shiv Nadar. Roshni Nadar before joining HCL, worked employed in various companies as a producer. Shiv Nadar, an industrialist and philanthropist, is the founder and chairman of the multi billion firm HCL Enterprises. 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. Shiv Nadar is the Founder of HCL Enterprise, a $9.9 billion global organization with over 153,000 professionals operating from 50 countries. The new year is set to bring joy to HCL founder Shiv Nadar's household. She graduated with a Masters in Business Administration having a focus on Social Enterprise Management and Strategy from the Kellogg School of Management. In fact, DWS is not the only major overseas investment since Roshni's elevation. 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. Lewis Institute Community Changemaker Award by Babson College in 2017. Roshni is also the Trustee of the Shiv Nadar Foundation, that is working towards nation building by driving transformational leadership through education. Nadar's daughter, Roshni Nadar Malhotra, ... Roshni is the only child of HCL's founder, Shiv Nadar. Roshni Nadar is an Indian MBA professional and chairperson of HCL Technologies. 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. Roshni is the only child of HCL's founder, Shiv Nadar. 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 Nadar Malhotra succeeds Shiv Nadar as HCL Technologies Chairman. 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. 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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. Roshni married Shikhar Malhotra in 2010. HCL Technologies has announced a dividend of Rs 2 per share. Some of these acquisitions include advanced technology design services provider Sankalp Semiconductor Pvt. Her mother, Kiran, is an Indian art collector and founder of Kiran Nadar Museum of Art. 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. Indian industrialist and the founder of HCL Shiv Nadar stunned everybody at Vijaya Dashami event of the Rashtriya Swayamsevak Sangh (RSS) in Nagpur. googletag.cmd.push(function () { googletag.display('div-gpt-ad-1494579592958-0'); }); Big fraud! 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. Time for some expert tips by Shahnaz Husain, Bigg Boss 14 HIGHLIGHTS: Nikki Tamboli confesses her feelings for Aly Goni; Vikas & Sonali enter. Earlier in July this year, HCL founder and Chairperson Shiv Nadar handed over the reins of his empire to his daughter Roshni. He is the founder and chairman of HCL Technologies Limited and the Shiv Nadar Foundation. Nadar and wife Kiran will be grandparents for the second time. Nadar is an alumnus of Northwestern University and the Kellogg School of Management. Interestingly, Roshni Nadar Malhotra’s appointment comes a little over a year after HCL Tech peer Wipro Ltd appointed Azim Premji’s son, Rishad Premji, to replace him as company chairperson. Nadar-Malhotra is the daughter of 75 year old Shiv Nadar who founded HCL along with Ajai Chowdhry, Arjun Malhotra and five others. Oct 8, 2019, 10:23 pm IST. Last week, HCL founder and Chairperson Shiv Nadar handed over the reins of his empire to his daughter Roshni Nadar Malhotra. HCL Technologies announced its June quarter (Q1) results today. He is also the Chief Strategy Officer of HCL Technologies, a group company and India’s third largest IT services organization. She set up 'The Habitats' trust in 2018 to protect India's natural habitats and indigenous species. In 1970, he founded HCL and transformed the IT hardware company into an IT enterprise. As per her bio on the HCL Tech website, Roshni is also passionate about wildlife and conservation. On a sequential basis, the topline was lower by 4 per cent from Rs 18,590 crore in the March quarter. As Shiv Nadar will step down as the chairman, he will continue to be the Managing Director and Chief Strategy Officer of the company. 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"The adverse conditions during this quarter had an anticipated negative impact on our revenue. Earlier, she was the Executive Director and the CEO of HCL Enterprise. Roshni is an alumni of Northwestern University majoring in Communication with a focus on Radio/TV/Film. Roshni Nadar Malhotra will take over as the Chairperson of the HCL board of directors from July 17, 2020. 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. According to IIFL Wealth Hurun India Rich List (2019), Roshni Nadar is the richest woman in India. Roshni has been associated with work including brand building across the HCL Group. Within a year of her joining HCL, she was elevated as executive director and CEO of HCL Corporation. ‘My daughter did something you won’t like’: HCL founder Shiv Nadar reveals at RSS headquarters. 'My Daughter Did Something You Won’t Like': What Chief Guest Shiv Nadar Said at RSS Dussehra Function 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. 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. The couple's only daughter and the CEO of HCL Corp, Roshni, is expected to deliver early this year. Direct link to apply, Class 10, 12 board exams to be held in June in THIS state, Regular classes for Karnataka SSLC, PUC 2nd year students from January 1, Anupamaa actress Madalsa Sharma's fiery photos will leave your jaws dropped. 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. 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. Nadar's daughter, Roshni Nadar Malhotra, will succeed him with immediate effect. Parents : She is the only daughter of parents – Shiv (father) and Kiran Nadar (mother). Business tycoon Shiv Nadar has stepped down as HCL Technologies Chairman, handing over the reins to his daughter Roshni Nadar Malhotra. Its attrition for IT services (on last 12 month basis) was at 14.6 per cent. Nadar will take over from her father, who has decided to step down, HCL Tech said in a stock-exchange filing on Friday. Roshni Nadar is also a trained classical musician and is the Chairperson of HCL Technologies. In 2019, she was ranked 54th on the Forbes World's 100 Most Powerful Women list. 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. Ltd. 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