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| caption =
| caption =
| birth_date = {{Birth date and age|df=yes|1945|07|14}}<ref>{{cite book|title=Famous Indians of the 20th century|publisher=Pustak Mahal|last=Sharma|first=Vishwamitra|year=2003|location=New Delhi |isbn=81-223-0829-5|pages=220}}</ref>
| birth_date = {{Birth date and age|df=yes|1945|07|14}}<ref>{{cite book|title=Famous Indians of the 20th century|publisher=Pustak Mahal|last=Sharma|first=Vishwamitra|year=2003|location=New Delhi |isbn=81-223-0829-5|pages=220}}</ref>
| birth_place = [[Tamil Nadu]], India
| birth_place = [[Thoothukudi]], [[Tamil Nadu]], India
| residence = [[Delhi]], [[Chennai]]
| residence = [[Delhi]], [[Chennai]]
| nationality = Indian
| nationality = Indian

Revision as of 04:48, 31 October 2012

Shiv Nadar
Born (1945-07-14) 14 July 1945 (age 79)[1]
Thoothukudi, Tamil Nadu, India
NationalityIndian
Alma materPSG College of Technology
Occupation(s)Founder and chairman of the HCL
Founder of SSN Trust
SpouseKiran Nadar
ChildrenRoshni Nadar
Parent(s)Sivasubramaniyan Nadar
Vamasundari Devi
WebsiteOfficial Biography

Shiv Nadar (born 14 July 1945) is an Indian industrialist and philanthropist. He is the founder and chairman of HCL and the Shiv Nadar Foundation. As of 2012, his personal wealth is US$ 6.5 billion. Shiv 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. In 2008, Nadar was awarded Padma Bhushan for his efforts in the IT industry. Nadar, nicknamed by friends as Magus (Old Persian for Wizard),[3] since mid-1990s has focused his efforts in developing the educational system of India through the Shiv Nadar Foundation.[4]

Early life

Shiv Nadar hails from Moolaipozhi village in the Thoothukudi district about 10 KM from Tiruchendur town in Tamil Nadu, India and was born in the Nadar community to Sivasubramaniya Nadar and Vamasundari Devi in 1945.[5]

His mother, Vamasundari Devi and S. P. Adithanar, founder of Dina Thanthi were siblings. He was a student of Town Higher Secondary School, Kumbakonam.[6] Shiv Nadar received a pre-University degree in The American College, Madurai and degree in Electrical And Electronics Engineering from PSG College of Technology, Coimbatore. He began his career at Walchand group's Cooper Engineering in Pune in 1967.[7]

HCL – 3 decades of evolution

Along with Ajai Chowdhry (Chairman, HCL Infosystems), Arjun Malhotra (CEO and Chairman, Headstrong), Subhash Arora, Yogesh Vaidya, S. Raman, Mahendra Pratap and DS Puri,[8] Shiv Nadar started Microcomp to sell teledigital calculators in the Indian market[9] under the brand name "Televista".[10] HCL was founded later in 1976 with an investment of Rs 187,000[11].

In 1980, HCL ventured into the international market with the opening of Far East Computers in Singapore to sell IT hardware. The venture reported Rs 1 million revenue in the first year and continued to address the Singapore operations.[12] Nadar remained the largest shareholder without retaining any management control.

Second decade – Transition to software services business

By early 1998, Nadar had consolidated his business into five entities – HCL Technologies (global IT service company), HCL Infosystems (Indian IT hardware leader), HCL comnet (network services company), HCL Perot (IT applications) and NIIT (education services).[citation needed]

Focus on Education & Healthcare

In 1996, Shiv Nadar founded SSN College of Engineering in Chennai, Tamil Nadu in the name of his father – Sri Sivasubramaniya Nadar. Shiv Nadar takes active role in the college activities including gifting of Rs. 1 million worth of HCL shares to the college.[13] In 2006, Nadar announced that the college will promote research apart from ensuring that students benefit from foreign university tie-ups.[14] Nadar joined the Executive Board of Indian School of Business in 2005.[15] In March 2008, Nadar's SSN Trust announced setting up of Seven Vidyagyan schools in UP for rural students where free scholarship will be provided for 100 students from 10 districts of Uttar Pradesh.[16]

In April 2011, he was appointed the chairman of the board of governors of the Indian Institute of Technology, Kharagpur.[17]

Awards and accolades

In 2008, Government of India awarded Shiv Nadar with Padma Bhushan, the third highest civilian award, for his contribution to IT industry.[18]

In 2007, Madras University awarded him honorary doctorate degree (D Sc) for his contributions in promoting software technology.[19] Nadar was also recognised as E&Y Entrepreneur of the Year 2007 (Services).[20]

In October 2006, Shiv Nadar received an honorary fellowship from All India Management Association – AIMA[21]

References

  1. ^ Sharma, Vishwamitra (2003). Famous Indians of the 20th century. New Delhi: Pustak Mahal. p. 220. ISBN 81-223-0829-5.
  2. ^ Shiv Nadar topic page. Forbes.com. Retrieved September 2010.
  3. ^ Arvind Padmanabham. "Shiv Nadar completes 25 years of success". Rediff. Retrieved 26 March 2008.
  4. ^ Vijay (15 September 2011). "Shiv Nadar Foundation forays into elementary education". Machinist.in. Retrieved 6 December 2011.
  5. ^ Vikas Pota. India Inc: how India's top ten entrepreneurs are winning globally. Nicholas Brealey Publishing, 2009. p. 179. ISBN 1-85788-524-4.
  6. ^ "Prominant Students of Our School". Retrieved 19 July 2012.
  7. ^ Harish Damodharan (16 September 2008). India's New Capitalists: Caste, Business, and Industry in a Modern Nation. Palgrave Macmillan. p. 191. ISBN 978-0-230-20507-9.
  8. ^ "Wanna be a CEO? Join HCL". Indiatimes. 15 April 2005. Retrieved 3 April 2008.
  9. ^ "The amazing story of the birth of HCL". Moneycontrol. 9 June 2007. Retrieved 26 March 2008.
  10. ^ "HCL Group: The M&A Year". DQ Group. 25 July 2002. Retrieved 26 March 2008.
  11. ^ "HCL GROUP – The Change Agents". DQ India. Retrieved 26 March 2008.
  12. ^ "The dark horse of the technology sector". Moneycontrol. 7 May 2007. Retrieved 26 March 2008.
  13. ^ "Shiv Nadar gifts HCL Tech shares to Chennai Trust". The Hindu. India. 25 July 2001. Retrieved 26 March 2008.
  14. ^ "SSN engineering college to step up high-end research". The Hindu. India. 1 March 2006. Retrieved 26 March 2008.
  15. ^ "Shiv Nadar joins ISB executive board". The Hindu. India. 5 October 2004. Retrieved 26 March 2008.
  16. ^ "Seven Vidyagyan schools in UP for rural students". Hindustan Times. India. 12 March 2008. Retrieved 26 March 2008. [dead link]
  17. ^ "HCL founder to head IIT-Kharagpur's board". The Times of India. India. 8 April 2011. Retrieved 26 August 2011.
  18. ^ "India Inc shines on civilian honour rolls". The Economic Times. India. 27 January 2008. Retrieved 26 March 2008.
  19. ^ "Honorary doctorate for Balachander, Shiv Nadar". The Hindu. India. 11 November 2007. Retrieved 26 March 2008.
  20. ^ "Honorary Entrepreneur Of The Year 2007 – Services". Ernst & Young. Retrieved 26 March 2008. [dead link]
  21. ^ "Shiv Nadar conferred 'Honorary Fellowship' by AIMA – All India Management Association" (PDF). HCL Press Release. 9 October 2007. Retrieved 29 March 2008. [dead link]

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