Shiv Nadar, an industrialist and philanthropist, is the founder and chairman of the multi billion firm HCL Enterprises. Its attrition for IT services (on last 12 month basis) was at 14.6 per cent. She also is the driving force behind VidyaGyan, a leadership academy for the economically underprivileged, meritorious, rural students of Uttar Pradesh. “We are living in unprecedented times where organizations and people across geographies are dealing with challenges related to the pandemic. 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 is the only child of HCL's founder, Shiv Nadar. 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. 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. Nadar-Malhotra is the daughter of 75 year old Shiv Nadar who founded HCL along with Ajai Chowdhry, Arjun Malhotra and five others. Bigg Boss 14: What makes Rakhi Sawant perfect for the show? 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. In 2019, she was ranked 54th on the Forbes World's 100 Most Powerful Women list. HCL Technologies announced its June quarter (Q1) results today. Nadar Malhotra, 38 and the only child of HCL’s founder, has paid her dues before this long-planned succession. Know from Shahnaz Husain, Worried about your skin in winters? 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. Business tycoon Shiv Nadar has stepped down as HCL Technologies Chairman, handing over the reins to his daughter Roshni Nadar Malhotra. Nadar made an effort to tie up together HCL with acquisitions in 2001. As Shiv Nadar will step down as the chairman, he will continue to be the Managing Director and Chief Strategy Officer of the company. googletag.cmd.push(function () { googletag.display('div-gpt-ad-1494579592958-0'); }); Big fraud! 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. 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. 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. 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. 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… Their firstborn, Armaan, is over three years old. Facebook Twitter LinkedIn Pinterest Reddit WhatsApp Telegram. Some of these acquisitions include advanced technology design services provider Sankalp Semiconductor Pvt. 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. He is the founder and chairman of HCL Technologies Limited and the Shiv Nadar Foundation. Nadar is an alumnus of Northwestern University and the Kellogg School of Management. 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. She set up 'The Habitats' trust in 2018 to protect India's natural habitats and indigenous species. Indian industrialist and the founder of HCL Shiv Nadar stunned everybody at Vijaya Dashami event of the Rashtriya Swayamsevak Sangh (RSS) in Nagpur. The 38-year-old Roshni Nadar is the only daughter of HCL founder Shiv Nadar. Time for some expert tips by Shahnaz Husain, Bigg Boss 14 HIGHLIGHTS: Nikki Tamboli confesses her feelings for Aly Goni; Vikas & Sonali enter. In fact, DWS is not the only major overseas investment since Roshni's elevation. 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. 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. 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. Roshni Nadar Malhotra will take over as the Chairperson of the HCL board of directors from July 17, 2020. Nadar's daughter, Roshni Nadar Malhotra, will succeed him with immediate effect. 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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. "The adverse conditions during this quarter had an anticipated negative impact on our revenue. Shiv Nadar, Founder, HCL Technologies. She graduated with a Masters in Business Administration having a focus on Social Enterprise Management and Strategy from the Kellogg School of Management. 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. At the end of June 2020 quarter, HCL had 150,287 employees with a gross addition of 7,005 people. Nadar Malhotra is the daughter of HCL founder Shiv Nadar, and took over the HCL Technologies chairperson’s role from him in July 2020. HCL Technologies has announced a dividend of Rs 2 per share. HCL founder Shiv Nadar’s daughter seeks healthcare fortune Bhuma Shrivastava. 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. On a sequential basis, the topline was lower by 4 per cent from Rs 18,590 crore in the March quarter. Roshni established The Habitats Trust in 2018. The company was initially set up in 1976. In 1970, he founded HCL and transformed the IT hardware company into an IT enterprise. "We also renewed several large deals during the quarter. In constant currency terms, HCL Tech's revenue in June 2020 quarter grew 1 per cent year-on-year, the filing said. As per her bio on the HCL Tech website, Roshni is also passionate about wildlife and conservation. Earlier, she was the Executive Director and the CEO of HCL Enterprise. The new year is set to bring joy to HCL founder Shiv Nadar's household. 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 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. 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. 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. 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. Property of Mosaic Media Ventures Pvt. Roshni Nadar Malhotra is also engaged in various humanitarian initiatives. Roshni Nadar Malhotra succeeds Shiv Nadar as HCL Technologies Chairman. 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. Roshni Nadar Malhotra is the new Chairman of HCL Technologies, the company announced in a regulatory filing on Friday. Shiv Nadar (born 14 July 1945) is an Indian billionaire industrialist and philanthropist. Nadar has also featured on lists including ‘The World’s 100 Most Powerful Women’ compiled by Forbes. 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