Tag: hcl chairperson

  • Roshni Nadar: The First Chairwoman of a Listed Indian IT Firm

    Roshni Nadar Malhotra, a name that reminds us of innovation and leadership, stands as a model of empowerment in the corporate world. As the Chairperson of HCL Technologies, one of India’s leading global IT services companies, she has not only shattered glass ceilings but also redefined the paradigms of business leadership.

    Her ascent to the top of a predominantly male-dominated industry is proof of her determined spirit and visionary approach. Under her stewardship, HCL has seen unprecedented growth, cementing its position as a global technology leader.

    Roshni’s journey from a media enthusiast to a corporate magnate is nothing short of inspiring. Let’s go through her inspiring journey in this article.

    Roshni Nadar Biography

    Name Roshni Nadar Malhotra
    Birthplace Delhi, India
    Born 16 September, 1982
    Nationality Indian
    Education MBA, Kellogg School of Management
    Bachelor of Arts/Science, Northwestern University
    Position Chairperson, HCL Technologies
    Parents Shiv Nadar, Kiran Nadar

    Roshni Nadar – Early life & Education
    Roshni Nadar – Career
    Roshni Nadar – HCL Technologies
    Roshni Nadar – Personal Life
    Roshni Nadar – Awards and Recognitions
    Roshni Nadar – Interesting Facts
    Roshni Nadar – Philanthropy
    Roshni Nadar – Quotes

    Roshni Nadar – Early life & Education

    Born and brought up in Delhi, Roshni Nadar did her schooling at the Vasant Valley School. She graduated from NorthWestern University in the US, majoring in Communication and a focus on media. Further, she went on to do her Master’s in Business Administration with a major in Social Enterprise Management from the Kellogg School of Management.

    Her educational background has played a crucial role in shaping her strategic thinking and leadership capabilities in the corporate world.

    Roshni Nadar – Career

    Though she is the heiress of her dad’s empire, she didn’t take a direct leap into managing his business. Instead, before joining HCL Corp in 2009, she worked with Sky News UK and CNN America as a news producer.

    At the age of 28, she then joined her family’s business, HCL Technologies, where she quickly rose through the ranks. Starting as the CEO of HCL Corporation in 2009, she was deeply involved in making important business decisions. Her hard work and innovative ideas led to her becoming the Chairperson of HCL Technologies in 2020, making her one of the most powerful women in the tech industry.

    In March 2025, Roshni Nadar Malhotra became India’s richest woman and the third wealthiest person in the country. Her father, Shiv Nadar, transferred a 47% stake in HCL Corporation and Vama Sundari Investments to her through a gift deed. This has increased her net worth significantly. As Chairperson of HCL Technologies, she continues to lead the company’s growth.

    Roshni Nadar – HCL Technologies

    HCL Technologies, originally known as Hindustan Computers Limited, found its inception in the minds of a few young colleagues at the Delhi Cloth Mills discussing their idea in the canteen. One among them was Shiv Nadar.

    After deliberations, these young men quit their jobs in 1976 and thus, with their collective contribution, the tech company HCL was born.

    With little funding and a small staff at first, the business quickly expanded, specializing in manufacturing personal computers and being the inaugural company in India to introduce a range of IT goods.

    Over the decades, HCL transitioned from hardware manufacturing to providing comprehensive IT services and software solutions. By the 1990s, it had expanded its operations globally, offering software services, infrastructure management, and digital transformation solutions to clients worldwide.

    Today, HCL Technologies is a leading global IT services company with a presence in over 50 countries, serving major industries such as finance, healthcare, and manufacturing. The company’s growth story is marked by continuous innovation, strategic acquisitions, and a relentless focus on customer satisfaction, making it a formidable player in the global technology landscape.


    HCL Enterprises: A Case Study | Growth | Subsidiaries
    HCL Enterprises is an IT services company growing with its subsidiaries. Here is a case study on HCL Enterprise, history, growth, & Subsidiaries.


    Roshni Nadar – Personal Life

    Roshni Nadar is the only child of Shiv Nadar, founder of the IT giant HCL. She is married to Shikhar Malhotra, Vice-Chairman of HCL Healthcare, and the couple has two sons — Armaan and Jahaan.

    Beyond her corporate achievements, Roshni is a passionate philanthropist and environmental advocate. Her multifaceted role extends to various philanthropic initiatives, where she focuses on education, healthcare, and sustainable development. Roshni’s commitment to social causes reflects her belief in inclusive growth and responsible leadership.


    Roshni Nadar – Awards and Recognitions

    Roshni Nadar has numerous awards and recognitions to her name for her work both in business and philanthropy and for her will to make the world a better place.

    • In 2014, Roshni Nadar won the NDTV Young Philanthropist of the Year Award.
    • Roshni Nadar was conferred with the Lewis Institute Community Changemaker Award by Babson College in 2017.
    • She was recognized as the ‘Indian Business Leader of the Year 2019 by a think tank called Horasis.
    • She was featured among the ‘25 Most Powerful Businesswomen in Asia’ in 2020 by Forbes.
    • She was also featured in ‘The World’s 100 Most Powerful Women’ list, released by Forbes in 2022 for the 6th consecutive year.
    • Fortune India recognized Roshni Nadar with the Most Powerful Women Award 2022.
    • Roshni Nadar also won the Business Today Most Powerful Women in Business Award 2023.

    Roshni Nadar – Interesting Facts

    Some of the interesting facts about Roshni are:

    • Roshni is a trained classical musician.
    • She produced a children’s film, Halkaa, in 2018, which talks about a slum child’s dreams & aspirations.
    • She has also been producing a TV series for Discovery/Animal Planet called ‘On the Brink’. This is based on the most endangered wildlife species in India.
    • Roshni is an alumnus of the World Economic Forum’s ‘Forum of Young Global Leaders (2014-19), ’ a distinguished and varied group of the most talented young leaders in the world.

    Roshni Nadar – Philanthropy

    • Roshni Nadar is the trustee of the Shiv Nadar Foundation. This foundation was established in 1994. The Shiv Nadar Foundation focuses on creating a merit-based society by empowering individuals through transformational education.
    • She also serves as the chairperson of VidyaGyan, a leadership academy for meritorious rural students in Uttar Pradesh.
    • Being a wildlife and conservation enthusiast, Roshni founded The Habitats Trust in 2018. The Foundation works to create and conserve sustainable ecosystems through strategic partnerships and collaborations to safeguard India’s natural habitats and indigenous species.

    This is what she says about her passion for philanthropy:

    “To me, giving is much, much more than just charity or signing a cheque. We make long-term investments in people’s lives, through education and arts. I’m in this because I get to be a part of someone else’s life, someone else’s journey of becoming what they have the potential to become.”

    Roshni Nadar – Quotes

    💡
    To make a difference, you have to have large aspirations.

    FAQs

    Who is Roshni Nadar?

    Roshni Nadar Malhotra is an Indian billionaire businesswoman and philanthropist, serving as the chairperson of HCL Technologies. She is the first woman to lead a publicly traded IT company in India.

    Where did Roshni Nadar work before joining HCL?

    Before joining HCL Corp in 2009, Roshni worked with Sky News UK and CNN America as a news producer.

    Who is Roshni Nadar’s husband?

    Roshni Nadar is married to Shikhar Malhotra, CEO of HCL Healthcare.

    What is Roshni Nadar’s education?

    Roshni Nadar graduated from Northwestern University with a degree in Communication and a focus on media. She later earned an MBA in Social Enterprise Management from the Kellogg School of Management.

    Who is Roshni Nadar’s husband?

    Roshni Nadar Malhotra is married to Shikhar Malhotra, Vice-Chairman of HCL Healthcare, and the couple has two sons — Armaan and Jahaan.

  • History and Growth of HCL Enterprises – A Case Study

    Hindustan Computers Limited(HCL) is a multinational IT services and consulting company headquartered in Noida, Uttar Pradesh, India. HCL is a pioneer of modern computing with many firsts to its credit, including the introduction of the 8-bit microprocessor-based computer in 1978, well before its global peers.

    Today, the HCL enterprise has a presence across varied sectors that include technology, healthcare, and talent management solutions, and comprises three subsidiaries- HCL Infosystems, HCL Technologies, and HCL Healthcare.

    HCL – History
    HCL – Growth
    HCL – Subsidiaries & Acquisitions

    About HCL Business Empire

    HCL – History

    HCL was established in 1976, as one of India‘s original IT startups. Originally started for making personal computers, the company was established by a group of six engineers, all former employees of Delhi Cloth & General Mills, led by Shiv Nadar.

    HCL Group has formed its first three subsidiaries:

    • HCL Technologies
    • HCL Infosystems
    • HCL Healthcare

    Although the company has tried to stay focused on hardware, via HCL Technologies, software and services are the main focus. In November 1991, a company called HCL Overseas Limited was incorporated as a provider of technology development services. It received the certificate of commencement of business on 10 February 1992 after which it began its operations. Two years later, in July 1994, the company name was changed to HCL Consulting Limited and eventually to HCL Technologies Limited in October 1999.

    HCL TalentCare is the fourth and latest venture of HCL Corporation.

    HCL – Growth

    Revenue distribution of HCL

    In the year 2022, HCL Enterprises generated a revenue of $1,1.48 billion. The company’s revenue from operations for Q4 FY22 is $2.9 billion. HCL employed more than 208,877 professionals in 52 countries.

    The company went public on 10 November 1999, with an issue of 1.42 crore shares, valued at Rs4 each.

    During 2000, the company set up an offshore development center in Chennai, India, for KLA-Tencor Corporation.

    In 2002, it acquired Gulf Computers Inc. On 1 July 2019, HCL Technologies acquired a few IBM products selectively. In the areas of R&D, sales, delivery, marketing, and support, HCL Technologies took full ownership of BigFix, AppScan, Commerce, Connections, Digital Experience, Notes Domino, and Unica.

    HCL announced on 16 June 2020 that it had commenced operations in Sri Lanka. The company created 1,500 jobs in the country within the first 18 months of operations.

    HCL – Subsidiaries & Acquisitions

    Operational revenue of HCL Technologies
    Operational revenue of HCL Technologies

    HCL Technologies is currently a subsidiary of Vamasundari through a chain of intermediary companies. Vamasundari (Delhi) is owned by Shiv Nadar and in turn holding the majority of shares in most companies in the HCL group.

    Between 1991 and 1999, the company expanded its software development capacities to US, European and APAC markets. In July 2018 US-based Actian was acquired by HCL Technologies and Sumeru Equity Partners for $330 million.

    On 23 July 2015, CSC (NYSE: CSC) and HCL Technologies announced a joint venture agreement to form a banking software and services company, Celeriti FinTech.

    In October 2017, IBM struck a strategic partnership with HCL Technologies that had the latter firm take over the development of the IBM Lotus Software’s Notes, Domino, Sametime, and Verse collaboration tools.

    In May 2018, HCL Technologies announced that it has joined hands with Transportation Alliance (BITA), known for incorporating blockchain in the transportation industry, to implement blockchain.

    Today, HCL Technologies operate in 52 countries, including its headquarters in Noida, India.

    • It has establishments in Australia, China, Hong Kong, India, Indonesia, Israel, Japan, Malaysia, New Zealand, Saudi Arabia, Singapore, South Africa, the United Arab Emirates, and Qatar.
    • In Europe, it covers Belgium, Czech Republic, Denmark, Estonia, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Sweden, Switzerland, Portugal, and the United Kingdom.
    • In the Americas, the company has offices in Brazil, Canada, Mexico, Puerto Rico, Guatemala, and the United States.

    HCL Technologies

    HCL Technologies is a next-generation global technology company that helps enterprises reimagine their businesses for the digital age. Through its worldwide network of R&D facilities and co-innovation labs, global delivery capabilities, and over 150,000+ ‘Ideapreneurs’ across 49 countries, HCL delivers holistic services across industry verticals to leading enterprises, including 250 of the Fortune 500 and 650 of the Global 2000.

    HCL Technologies began as the R&D Division of HCL Enterprise, a company that was a contributor to the development and growth of the IT and computer industry in India. HCL Enterprise developed an indigenous microcomputer in 1978, and a networking OS and client-server architecture in 1983. On 12 November 1991, HCL Technologies was spun off as a separate unit to provide software services.

    HCL Infosystems

    HCL Infosystems is a Small Cap company, having a market cap of Rs 251.85 Crore operating in the IT – Hardware sector. It is a System Integration and Distribution company. It provides the distribution of technology, mobility, and consumer products. This part of HCL was formed in 1976 to produce calculators.

    In June 2015, PC maker Dell announced a strategic distribution partnership with HCL Infosystems. For the quarter ended 30-06-2020, the company has reported a Consolidated sales of Rs 105.69 Crore, down 53.59 % from last quarter Sales of Rs 227.71 Crore and down 84.48 % from last year same quarter Sales of Rs 680.87 Crore Company has reported net profit after tax of Rs 36.86 Crore in the latest quarter.

    HCL Healthcare

    HCL Healthcare, in affiliation with Johns Hopkins Medicine International, is the healthcare delivery arm of HCL Group. Starting with the country’s first nationwide networked multispecialty clinics, HCL Healthcare aims to provide the whole continuum of care for chronic and acute diseases.

    HCL Healthcare is determined to be the trusted long term care partner for people in health or illness.


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    HCL TalentCare

    HCL TalentCare is the newest business venture of the HCL Corporation. It is a global talent-solutions company offering integrated products and services to meet the growing demand for quality talent. The company’s focus is to create development solutions that offer a career launch pad for students and a ready pool of employable talent for enterprises in the IT, Banking, Insurance and Healthcare sectors. HCL TalentCare is headquartered in Chennai and operates world-class training campuses in Hyderabad and Chennai.

    HCL has also been involved in criticism and litigation for a long time, involving the H-1B visa program to replace U.S. workers with cheaper foreign labor, including the Disney collusion lawsuit, and the heavily reported case of replacing the University of California’s San Francisco Medical Center IT workers.

    Conclusion

    HCL was once a garage start-up and today it’s a global conglomerate. HCL was established in the year 1976 as one of India’s original IT garage start-ups. HCL is a proud corporation for its long and exciting journey from startup to become a corporation in the IT industry. It is also confident of reaching new heights in the future. All these years HCL was the face of the Indian IT industry by conscientiously setting high business standards. The goal of providing sustainable, world-class products, solutions, and services; a feat that has helped the corporation touch the lives of millions in Indian and abroad.

    FAQs

    What is full form of HCL?

    HCL stands for Hindustan Computers Limited.

    What HCL company do?

    HCL Technologies Ltd is a leading global IT services company. The company is primarily engaged in providing a range of software services business process outsourcing and infrastructure services.

    What is the rank of HCL in India?

    HCL Technologies is 8th most valued IT services company in India.

    Where is the headquarters of HCL?

    HCL Technologies is headquartered in Noida, India.

    Who is the founder of HCL Technologies?

    Shiv Nadar and Arjun Malhotra are the founders of HCL Technologies.

    When was HCL Enterprise founded?

    HCL Enterprise was founded in 1976.

    Who is the CEO of HCL Technologies?

    C Vijayakumar is the President and Chief Executive Officer of HCL Technologies.

  • Shiv Nadar—Founder & Chairman of HCL Corporation

    Shiv Nadar is an Indian billionaire tycoon who founded the IT company, HCL Enterprise and serves as its Chairman. He is also the Founder and Chairman of the Shiv Nadar Foundation, through which he made efforts for the development of educational system in India. He is the founder of SSN College of Engineering and Shiv Nadar University. In 2008, the Government of India awarded him Padma Bhushan for his outstanding efforts in the IT industry. As of January 2021, Forbes named him as the third richest person in India with a net worth of $26 billion.

    Shiv Nadar- Biography

    Name Shiv Nadar
    Born 14 July, 1945
    Birthplace Moolaipozhi, Tamil Nadu, India
    Age 76 (2021)
    Nationality Indian
    Education PSG College of Technology
    Profession Entrepreneur
    Position Founder & Chairman, HCL Enterprise; Shiv Nadar Foundation
    Founder of SSN College of Engineering; Shiv Nadar University
    Net worth $26 billion (January 2021)
    Father Sivasubramaniya Nadar
    Mother Vamasundari Devi
    Spouse Kiran Nadar
    Children Roshni Nadar Malhotra
    Cousin Ramanichandran (Tamil Novelist)
    Awards Padma Bhushan

    Shiv Nadar- Personal Life
    Shiv Nadar- Education
    Shiv Nadar- Professional Life
    Shiv Nadar- Startup
    Shiv Nadar- Founder of HCL
    Shiv Nadar- Philanthropy
    Shiv Nadar- Honors & Awards
    Shiv Nadar- FAQ’s
    Shiv Nadar- Conclusion

    Shiv Nadar- Personal Life

    Shiv was born to Sivasubramaniya Nadar and Vamasundari Devi in Moolaipozhi Village, Tamil Nadu. S.P Adithanar, who is the founder of Dina Thanthi newspaper, is the sister of Shiv’s mother. His cousin, Ramanichandran is a Tamil romance novelist.

    He is married to Kiran Nadar and the couple has a daughter named, Roshni Nadar Malhotra, who currently serves as the Chairperson of HCL Technologies.

    Shiv Nadar- Education

    Shiv completed her elementary education from Town Higher Secondary, Kumbakonam. After completing his 6th standard, he was admitted in St. Joseph Boys Higher Secondary School, Trichy. He further studied from Elango Corporation Higher Secondary School, Madurai.

    He received a pre-university degree from the American College, Madurai. He pursued a degree in Electrical and Electronics Engineering from PSG College of Technology, Coimbatore.

    Shiv Nadar- Professional Life

    Shiv started his professional career from Walchand group’s College of Engineering, Pune (COEP) in 1967. He soon left the job to start his own business with the partnership of his friends and colleagues. He is the founder of the IT firm, HCL Enterprise, and the philanthropic firm, Shiv Nadar Foundation.

    Shiv Nadar- Startup

    Shiv initially launched a company, Microcomp, which sold teledigital calculators in the Indian market. He started the business with his partners, Ajai Chowdhry (Ex-Chairman, HCL), Arjun Malhotra (CEO & Chairman, Headstrong), Subhash Arora, S. Raman, Yogesh Vaidya, Mahendra Pratap and DS Puri.

    He founded HCL in 1976 with an investment of INR 187,000. After four years, the company set forth into the international market with the opening of Far East Computers in Singapore to sell IT hardware. The company reported a revenue of INR 1 million within the first year, in continuation of the Singapore operations.


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    Shiv Nadar- Founder of HCL

    HCL Logo

    Shiv founded Hindustan Computers Limited (HCL) Enterprise in 1976 and serves as the Chairman of the company. The company has successfully established three of its subsidiaries including, HCL Technologies Limited, HCL Infosystems and HCL Healthcare. He is the largest shareholder in the company without perpetuating any management control.

    HCL Technologies Limited is an Indian multinational information technology (IT) firm based in Noida, Uttar Pradesh, India. It was originally HCL’s R&D division and emerged as a subsidiary of HCL Enterprise in 1991. The company has its offices in 44 countries including, United States, United Kingdom, France and Germany.

    Shiv Nadar- Philanthropy

    Shiv founded SSN College of Engineering in Chennai, Tamil Nadu in 1996. He named SSN college under his father’s name, Sivasubramaniya Nadar. He has played a vital role in the college activities, like gifting INR 1 million worth shares of HCL to the college.

    Logo of SSN College

    In 2005, he joined the executive board of Indian School of Business and his Shiv Nadar Foundation declared the establishment of two Vidyagyan schools for students of rural areas with a offer of free scholarships for 200 students from 50 districts of Uttar Pradesh.

    He also served as the Chairman of the board of governors at Indian Institute of Technology Kharagpur. He has donated computers and other equipment’s of worth INR 80 lakhs. He established Shiv Nadar University in Noida, Uttar Pradesh, India. He funds the university through his philanthropic firm, Shiv Nadar Foundation.


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    Shiv Nadar- Honors & Awards

    • In April 2017, he was ranked #16th in India’s 50 most powerful people list by India Today.
    • In 2011, he was named among Forbes’ 48 Heroes of Philanthropy in Asia Pacific.
    • In 2010, he was conferred with the Dataquest Lifetime Achievement Award.
    • In 2008, he received the third highest civilian award, Padma Bhushan from the government of India.
    • In 2007, he received an honorary doctorate degree from Madras University.
    • He was recognized as E&Y Entrepreneur of the Year in 2007.
    • In 2006, he received an honorary fellowship from the All India Management Association.
    • In 2005, he received the CNBC Business Excellence Award.
    • In 1995, he was declared the Dataquest IT Man of the year.

    Shiv Nadar- FAQ’s

    Who is the owner of HCL?

    Shiv Nadar is the Founder of HCL Enterprise, a $9.9 billion global organization with over 153,000 professionals operating from 50 countries. He is also the Chief Strategy Officer of HCL Technologies, a group company, and India’s third-largest IT services organization.

    Where is Shiv Nadar from?

    Shiv Nadar is from Thiruchendur, Tamil Nadu.

    What is Net Worth of Shiv Nadar?

    He is the third richest person in India with a net worth of US$26 billion as of January 2021, according to Forbes.

    What do HCL Technologies do?

    HCL Technologies Ltd is a leading global IT services company that helps global enterprises re-imagine and transform their businesses through Digital technology transformation. The company is primarily engaged in providing a range of software services, business process outsourcing and infrastructure services.

    What is Shiv Nadar’s Education?

    Nadar received a pre-university degree in the American College, Madurai and a degree in Electrical and Electronics Engineering from PSG College of Technology, Coimbatore.

    Shiv Nadar- Conclusion

    Shiv Nadar has always focused on quality education and he credits his success to the education and scholarships that he has received during his early years. He has always believed that access to quality education is the most potent tool of transformation which led him to establish the philanthropic Shiv Nadar Foundation. The Shiv Nadar Foundation endeavors to create institutions of transformational education that will continue to influence and nurture the country’s youth for decades to come. All the institutions established by Shiv Nadar Foundation aim to address the issue of quality in education, create lasting partnerships, and have a strong research orientation.