Monday, 24 June 2024

Shiv Nadar, Founder and Chairman, HCL Technologies Limited


Champion's Profile

Net Worth: $ 13.9 billion Been presented with Padma Bhushan in 2008, the third highest civilian honor in India for his great contributions to the field of Information Technology. He is the founder of Hindustan Computers Limited (HCL) and Shiv Nadar Foundation, he was instrumental in implementing and managing the infrastructure backbone of one of India’s tallest financial institutions – the National Stock Exchange. Through his organisation, he has played a key role in supporting India’s telecom revolution through the creation of the largest mobile distribution network with Nokia. HCL Technologies, which spun out of HCL’s R&D unit, is currently a top IT services company in India and a global leader in Engineering & R&D Services with a game changing business model. In 1994, he along with his wife established what he believed was closest to his heart - the philanthropic Shiv Nadar Foundation.



Description and impact

The Shiv Nadar Foundation was established in 1994 by Shiv Nadar. The Foundation is committed to the creation of a more equitable, merit-based society by empowering individuals through transformational education to bridge the socio-economic divide. To that purpose the Foundation has established institutions and programs in the underdeveloped disciplinary areas in India related to rural and urban education and art. The foundation pursues philosophy of 'Creative Philanthropy', a powerful which envisages creation of institutions that go beyond the lifetime of its founders and continue to impact future generations for many centuries to come.