Roshni will now be the company's chairperson. HCL Technologies’ chairman Shiv Nadar has decided to step down, and his daughter Roshni Nadar Malhotra will succeed him as chairperson HCL Technologies has announced results and the company has reported a revenue growth of 1% YoY growth in constant currency came along with a significant expansion of margins on YoY basis – EBITDA at 25.6% and EBIT at 20.5% an increase of 490 bps and … Read: HCL Tech shares gain on better-than-expected profit in Q1. As Shiv Nadar will step down as the chairman, he will continue to be the Managing Director and Chief Strategy Officer of the company. ET Bureau CHENNAI: Roshni Nadar, the daughter of business tycoon Shiv Nadar, has been appointed CEO of the HCL group s holding company, giving her potential power and control over a $5-billion group with marque customers such as Boeing and Airbus and an employee base of 60,000. 'My Daughter Did Something You Won’t Like': What Chief Guest Shiv Nadar Said at RSS Dussehra Function File photo of Founder and chairman of HCL Shiv Nadar. Roshni, who returned from the US in October 2008, has been involved with HCL before taking over as ED and CEO. Roshni became the CEO of HCL at the age of 28. Shiv Nadar Steps Down as CEO of HCL, Daughter Roshni Nadar Malhotra to take over. 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 executive director of HCL Enterprise and is the only child of Shiv Nadar. 4 Shares . Indian IT pioneer Shiv Nadar cofounded HCL in a garage in 1976 to make calculators and microprocessors. [5] Nadar is … 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. She is the only child of HCL's founder, Shiv Nadar. 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 generational transfer of power is taking place at HCL tech. Nadar will continue as managing director … 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 also has an MBA in Social Enterprise Management and Strategy from the Kellogg School of Management. Shiv Nadar steps down as HCL Technologies chairman; daughter Roshni takes over Shiv Nadar will continue to be the managing Director with designation as the chief strategy officer. On Friday, HCL chairman Shiv Nadar resigned from his post. A trained classical musician, Roshni graduated from Northwestern University majoring in radio, television and film. Roshni Nadar, the daughter of business tycoon Shiv Nadar, has been appointed CEO of the HCL group’s holding company. Tech company HCL technologies will now be handled by Roshni Nadar Malhotra, the 38-year-old daughter of Shiv Nadar. Before marrying Roshni Nadar in November 2009, Shikhar Malhotra had the modest business of Distributorship of Honda cars. 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. His father was Sivasubramaniya and mother Vamasundari Devi. Founded SSN College of Engineering – Shiv Nadar Foundation. According to IIFL Wealth Hurun India Rich List (2019), Nadar is the richest woman in India. Business Jul 18, 2020 Tanurag Ghosh ( Editor: Ekta Joshi ) 4 Shares . 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. 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. Mr. Shiv Nadar would continue to be the Managing Director of the Company with the designation as the Chief Strategy Officer of the Company." He completed his graduation from The American College, Madurai and degree in Electrical and Electronics Engineering from PSG college of Technology. HCL chairman Shiv Nadar has bought a bungalow for his daughter Roshni Nadar in the Friends Colony East area of Delhi for Rs 115 crore making it one of the largest recent transactions in an area of Delhi outside of the Lutyens Bungalow Zone (LBZ), a financial daily has reported. 4 crores towards Prime Minister’s National Relief Fund to … Ananya Varma Nadar Malhotra is the daughter of HCL founder Shiv Nadar, and took over the HCL Technologies chairperson’s role from him in July 2020. His daughter Roshni Nadar Malhotra takes over effective July 17, 2020. He married the daughter of Shiv Nadar, owner of the HCL. On January 17th, 2005, Mr. Shiv Nadar and his daughter Ms. Roshni Nadar presented the cheque of Rs. Today, he chairs HCL Technologies, a $9.9 billion (revenue) company, which is … The 38-year-old succeeds her father Shiv Nadar. Shiv Nadar steps down as Chairman of Board of Directors of HCL Technologies. Nadar have a daughter called Roshni Nadar . Shiv Nadar was born in 1945, in Tiruchendur, Tamil Nadu. 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. He founded the Shiv Nadar Foundation in 1994. The 38-year-old Roshni Nadar is the only daughter of HCL founder Shiv Nadar. 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. https://www.livemint.com/Companies/lBQmGUHi2GraFJpWlpl3ZL/HCL-founde… Roshni Nadar Malhotra is the new Chairman of HCL Technologies, the company announced in a regulatory filing on Friday. By: ABP News Bureau Updated: 17 July 2020, 1:36 PM (IST) Shiv Nadar steps down as Chairman of HCL Technologies. Moneycontrol News Shiv Nadar retires, daughter Roshni takes over as HCL's chairperson. Zee Media Bureau. Post his marriage with Roshni Nadar, Shikhar Malhotra is the CEO of the Shiv Nadar Schools, a pet-project of Shiv Nadar. Shiv Nadar had expressed his desire to step down. Read more about Shiv Nadar retires, daughter Roshni becomes HCL Technologies chairperson on Business Standard. Roshni Nadar Malhotra was appointed the chairperson of HCL Technologies on Friday, the company said in a regulatory filing. Written By. She is responsible for all strategic decisions for the $8.9 billion IT major. Kiran met her husband, Shiv Nadar, at an advertising agency where she worked and the two got married. In 2019, she is 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.
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