Shiv Nadar Biography | Shiv Nadar Biography
Shiv Nadar Biography: Amazing Journey of a Successful Entrepreneur
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1 Shiv Nadar Biography: Amazing Journey of a Successful Entrepreneur
9.2 Q. Is Shiv Nadar a Billionaire?
9.3 Q. How rich is Shiv Nadar?
9.4 Q. Who is the owner of Shiv Nadar University?
9.5 Q. Who was the biggest donor in India?
Shiv Nadar is a renowned Indian businessman, entrepreneur and philanthropist. He is the founder of HCL Technologies, one of India’s leading IT services companies. Shiv Nadar’s story is one of hard work, persistence and innovation that has made him one of the most respected and successful business leaders in India.
Early life and education
Shiv Nadar was born on July 14, 1945 in the South Indian state of Tamil Nadu. He grew up in a middle-class family and attended Town Higher Secondary School in Kumbakonam, Tamil Nadu. After completing his schooling, he pursued a degree in Electrical and Electronics Engineering from PSG College of Technology in Coimbatore, Tamil Nadu.
livelihood
After completing his degree, Shiv Nadar started his career as a computer systems designer at Cooper Engineering of Walchand Group in Pune. Later, he worked in Delhi Cloth Mills (DCM) and then founded Shiv Nadar & Associates, a company offering computer maintenance services.
In 1976, Shiv Nadar founded Microcomp, a company that imported microcomputers to India. However, he soon realized that the high cost of maintenance was a major hindrance to the adoption of computers in India. In 1977, he founded HCL Technologies with six of his partners with the aim of providing low-cost computer maintenance services.
Initially, HCL was a small start-up with only a few employees. Shiv Nadar’s vision and leadership coupled with the company’s innovative business model helped HCL grow exponentially. Under his guidance, HCL expanded into software development and IT services, and today, it is one of India’s leading IT services companies with operations in over 50 countries.
philanthropy
Shiv Nadar is a committed philanthropist and has contributed significantly to various charitable causes. In 1994, he founded the Shiv Nadar Foundation, a non-profit organization that aims to promote education and provide opportunities for underprivileged students.
The Foundation runs several institutions including SSN College of Engineering in Chennai, Shiv Nadar University in Uttar Pradesh and VidyaGyan Schools for rural students in Uttar Pradesh. The Foundation has partnered with various organizations to promote education and research in India, including the Indian School of Business, the Indian Institute of Technology Madras and the Indian Institute of Science.
In addition to his work with the Shiv Nadar Foundation, Shiv Nadar has also been involved in several other philanthropic initiatives. He has donated large sums of money to various causes including healthcare, disaster relief and the arts. In 2020, he donated INR 100 crores (about $14 million) to help fight the COVID-19 pandemic in India.
Awards and honors
Shiv Nadar’s contribution in the field of business and philanthropy has been recognized by many awards and honours. He was awarded the Padma Bhushan, one of India’s highest civilian honours, in 2008. He has also been honored with the Dataquest Lifetime Achievement Award, CNBC Asia Business Leader Award, and Forbes Lifetime Achievement Award, among others.
net worth
According to Forbes, Shiv Nadar’s net worth has been estimated at around $23 billion. He is one of the richest people in India and is considered a leading figure in the country’s IT industry.
conclusion
Shiv Nadar’s life and achievements are an inspiration to many. He has not only achieved great success in business but has also contributed significantly in philanthropy and social welfare. Through his leadership of HCL Technologies and the Shiv Nadar Foundation, he has helped promote economic growth and educational opportunities in India. His achievements have made him one of the most respected and influential figures in India today.
Awards and Honors
Year | Award details |
1995 | Dataquest selected him as the ‘IT Man of the Year’. |
2005 | The Prime Minister conferred the ‘CNBC Business Excellence’ award on him. |
2006 | Honorary Fellowship of All India Management Association (AIMA). |
2007 | The University of Madras awarded him an Honorary Doctorate Degree (DSc) for his contribution to the promotion of software technology. |
2007 | Ernst & Young honored him with the ‘Entrepreneur of the Year 2007’ award. |
2008 | He was awarded ‘Padma Bhushan’ in the year 2008 for his contribution in public service sector including IT trade and industry. |
2009 | Forbes magazine included him among the ’48 Heroes of Philanthropy’ of the Asia Pacific region. |
2010 | Dataquest Life Time Achievement Award’. |
Shiva is currently the chairman of IIT Kanpur.
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FAQ
Q. Who is Shiv Nadar?
Ans. Founder and Chairman of HCL Technologies , and Founder of SSN Engineering College.
Q. Is Shiv Nadar a billionaire?
Ans.: Shiv Nadar (born 14 July 1945) is an Indian billionaire businessman and philanthropist . He is the founder and chairman emeritus of HCL Technologies and Shiv Nadar Foundation. Nadar founded HCL in the mid-1970s and transformed the IT sector to IT hardware company over the next three decades.
Q. How rich is Shiv Nadar?
Ans.: Shiv Nadar Net Worth 2023
Current Shiv Nadar Net Worth is around $28.7 Billion (Shiv Nadar Net Worth Rs 2.09 Lakh Crore in Indian Rupees roughly).
Q. Who is the owner of Shiv Nadar University?
Ans.: Shiv Nadar is the founder of HCL Group and Shiv Nadar Foundation. He is also the Chairman Emeritus & Strategic Advisor to the Board of HCLTech, a $12.3 billion global organization employing 222,270 professionals from 60 countries.
Q. Who was the biggest donor in India?
Ans.: He has left behind Azim Premji in donating. According to the report, Shiv Nadar donated Rs 1,161 crore for social work during the financial year 2021-22. If we look at it on a daily basis, Shiv Nadar donated 3 crore 18 crore rupees per day