Shiv Nadar and family donated Rs 2,708 crore (Rs 27.08 billion) in 2024-2025.
The book was scheduled to hit the stands in October 2013 but has since been aborted.
HCL Technologies on Monday said its founder Shiv Nadar will take on the role of Chairman Emeritus and Strategic Advisor to the company's board. Nadar, chief strategy officer and managing director of the company, on completing 76 years of age, has tendered his resignation as the MD as well as the Director with effect from close of business hours on July 19, according to a regulatory filing. "In order to continue to benefit from his vast knowledge, experience, and wisdom in an advisory role, the Board of Directors in its meeting held today, after considering the recommendations of the Nomination & Remuneration Committee, has approved the appointment of Shri Shiv Nadar as the 'Chairman Emeritus and Strategic Advisor to the Board' for a term of five years with effect from July 20, 2021," it added.
Last month, a Wall Street Journal report said Nadar planned to sell his stake worth $10 billion (or about Rs 61,000 crore, based on Wednesday's stock price of Rs 1,458.95) and was scouting for potential buyers.
To start with, the foundation is coming up with two schools in Noida and Gurgaon.
Roshni, also a trained classical musician, came on the board of HCL Technologies in 2013 and was vice chairperson. Shiv Nadar would continue to be MD of the company with designation as chief strategy officer.
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.
HCL's founder and chairman Shiv Nadar is making a second foray into university education having sought 300 acres of land in Noida, near New Delhi, to set up a Rs 300-crore (Rs 3 billion) multi-disciplinary university.
IT major HCL Technologies' Shiv Nadar has retained his position as the 'most generous Indian' in 2023 as well, with a 76 per cent jump in his donations at Rs 2,042 crore. Wipro's Azim Premji's donations zoomed by 267 per cent to Rs 1,774 crore during the same year, according to the Edelgive Hurun India Philanthropy List 2023 released on Thursday. Richest Indian Mukesh Ambani donated Rs 376 crore in the year, which is an 8 per cent decline.
C Vijayakumar, the reticent chief executive of HCL Technologies, India's third-largest IT services firm, was recently appointed managing director, succeeding the founder, Shiv Nadar. Back in October 2016, when CVK, as he is popularly called within and outside of HCL, was named CEO, it had been somewhat of a surprise - his elevation being the result of his predecessor, Anant Gupta, suddenly stepping down to "pursue personal interests". CVK, 53, has since taken the firm from under $7 billion to over $10 billion in revenue.
Only Mukesh Ambani and Gautam Adani are ahead of her.
Dreams certainly did become a reality in the case of this son of a district judge in Tamil Nadu.
Nadar and his family donated Rs 826 crore, while Azim Premji gave Rs 453 crore and Ambani parted with Rs 402 crore, according to the Edelgive Hurun India Philanthropy List 2019.
The last sale of shares in HCL Technologies by the foundation was in February 2012.
For an annual dividend income of Rs 10 lakh or more, the investor will pay a DDT of 10 per cent
The 2025 contraction marks the steepest decline in both the number of billionaire promoters and their aggregate wealth since 2012.
India now has 284 billionaires, 13 more than last year, maintaining its position as the third-largest dollar-billionaire hub globally, after the US and China.
Kiran Nadar is more than just HCL founder Shiv Nadar's wife: she has begun to give back to society through the Shiv Nadar University and through her efforts at bridging the urban-rural divide.
Microsoft founder Bill Gates with an estimated fortune of $78 billion heads the list
Meet Kiran Nadar, bridge champion, art collector, do gooder.
On August 5, 1953, Jawaharlal Nehru sent a strange note to the foreign secretary. It is worth mentioning because it was symptomatic of the lack of knowledge about Western Tibet in India and in South Block in particular, notes Claude Arpi.
Diwan Arun Nanda, founder of Rediffusion and one of India's last great admen, changed the industry with memorable campaigns, political ads, and a rare mix of sharp strategy and creativity.
The schools included Delhi Public School, Modern Convent School, and Shree Ram World School, a senior police officer said, adding that the threats were received via e-mail.
'Indian private universities can provide world-class education at one fourth the cost, home comforts, and direct links to Indian and global industries.'
The amount donated by Nadar is by far bigger than the standards set by larger firms.
'These efforts by Beijing can be weaponised one day with economic, security and political implications for India.'
At the end of the discussion, the older Monpa said that if today the Chinese were to come inside India, "I will fight and kill them", prudently adding, "if they are of my age, if they are younger soldiers, I will not be able to fight". The entire village had a good laugh.
The collective wealth of the 100 richest went past $1 trillion for the first time.
Students had to predict the amount of runs Kohli would score in ODIs in 2023 based on his record in 50 overs cricket since his debut in 2008.
rediffGURU Radheshyam Zanwar counsels students about how to pursue a successful career in science, medicine and technology.
On July 2 or July 6, the Dalai Lama will reveal his mind on his successor. This makes Beijing extremely nervous as the Communist regime fully realises the importance of controlling the next Dalai Lama, points out Claude Arpi.
One can only sincerely wish the Dalai Lama a very long life at the service of world peace. His presence is much required today on the planet, notes Claude Arpi, who has known His Holiness for more than half a century.
Premji is ranked 13th on Forbes' first ever list of '100 Richest People In Tech', followed by Nadar on the 14th spot.
The combined wealth of India's dollar billionaires is now equivalent to 33.81 per cent of India's nominal GDP.
'Habitat was viewed as the proxy for him and got unjustly targeted.'
Recouping the dent caused by the Hindenburg Research report, Gautam Adani's networth shot up 95 per cent to Rs 11.6 lakh crore last year, which helped him replace Mukesh Ambani to become the richest Indian, a report said on Thursday. Reliance Industries chairman and managing director Ambani's overall networth increased by 25 per cent to Rs 10.14 lakh crore, as per the 2024 Hurun India Rich List. In 2023's report, Adani's wealth declined by 57 per cent to Rs 4.74 lakh crore, and Ambani was way ahead with a fortune of Rs 8.08 lakh crore.
Ambani and Adani account for a fifth of the net worth of all billionaire promoters in the country and half the combined net worth of the top 10.
The Battle of Lhagyala on November 23, 1962, fought by the 4 Rajput Regiment against the Chinese PLA, remains a forgotten chapter of heroism, with no survivors left to tell their story.
Oil-to-telecom conglomerate Reliance Industries Ltd head Mukesh Ambani continues to be the richest Indian and has now broken into the world's top 10 wealthiest persons in the latest Forbes 2024 Billionaire List. Ambani, 66, is ranked 9th on the list with a wealth of $116 billion, up from $83.4 billion in the 2023 ranking, according to Forbes. Gautam Adani is the second richest Indian and is ranked at No.17 on the global list.
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