She is also a trustee of the Shiv Nadar Foundation and a founder-trustee of the wildlife conservation-focussed The Habitats Trust. 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. HCL has been one of the most prolific acquirers among India’s software services companies. Shiv Nadar will continue to be the managing director of the company and will also hold the title of chief strategy officer. Nadar's daughter, Roshni Nadar Malhotra, ... Roshni is the only child of HCL's founder, Shiv Nadar. She is also a chairperson of VidyaGyan Leadership Academy, a leadership academy for economically underprivileged. In constant currency terms, HCL Tech's revenue in June 2020 quarter grew 1 per cent year-on-year, the filing said. Copyright © 2020 VCCircle.com. HCL technologies on Friday posted 31.7 per cent rise in consolidated net profit at Rs 2,925 crore for the June 2020 quarter, and said that Shiv Nadar has stepped down from the Chairman's role. Shares of HCL Technologies Ltd were trading 1.59% up at Rs 637.60 at the time of writing this report. Nadar will take over from her father, who has decided to step down, HCL Tech said in a stock-exchange filing on Friday. The new year is set to bring joy to HCL founder Shiv Nadar's household. 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. Featured in Forbes' - The World's 100 Most Powerful Women- list in 2017, 2018, and 2019. © 2009-2020 Independent News Service. Roshni Nadar is an Indian MBA professional and chairperson of HCL Technologies. Nadar Malhotra, 38 and the only child of HCL’s founder, has paid her dues before this long-planned succession. 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. Indian industrialist and the founder of HCL Shiv Nadar stunned everybody at Vijaya Dashami event of the Rashtriya Swayamsevak Sangh (RSS) in Nagpur. Roshni Nadar is also a trained classical musician and is the Chairperson of HCL Technologies. Within a year of her joining HCL, she was elevated as executive director and CEO of HCL Corporation. Time for some expert tips by Shahnaz Husain, Bigg Boss 14 HIGHLIGHTS: Nikki Tamboli confesses her feelings for Aly Goni; Vikas & Sonali enter. 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. 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. Business tycoon Shiv Nadar has stepped down as HCL Technologies Chairman, handing over the reins to his daughter Roshni Nadar Malhotra. Facebook Twitter LinkedIn Pinterest Reddit WhatsApp Telegram. He is the founder and chairman of HCL Technologies Limited and the Shiv Nadar Foundation. Roshni Nadar Malhotra is also engaged in various humanitarian initiatives. Roshni married Shikhar Malhotra in 2010. 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… Earlier in July this year, HCL founder and Chairperson Shiv Nadar handed over the reins of his empire to his daughter Roshni. Addressing the Vijayadashmi function of the Rashtriya Swayamsevak Sangh in Nagpur, the HCL founder-chairman urged the private sector, citizens and NGOs to come forward to resolve challenges. Nadar and wife Kiran will be grandparents for the second time. 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. He is the founder and chairperson of The Shiv Nadar Foundation and HCL. Shiv Nadar, an industrialist and philanthropist, is the founder and chairman of the multi billion firm HCL Enterprises. Nadar will take over from her father, who has decided to step down, HCL Tech said in a stock-exchange filing on Friday. Nadar has also featured on lists including ‘The World’s 100 Most Powerful Women’ compiled by Forbes. It has struck almost a dozen deals in India and overseas since 2015, according to VCCEdge, the data research arm of Mosaic Digital. In fact, DWS is not the only major overseas investment since Roshni's elevation. Some of these acquisitions include advanced technology design services provider Sankalp Semiconductor Pvt. LUCKNOW, UTTAR PRADESH, 07/11/2017:HCL SAMUDAY-SHIV ROSHNI NADAR:: HCL founder, Shiv Nadar with daughter Roshni Nadar Malhotra, CEO, HCL Corporation and Chairman, CSR Committee HCL Technologiies Board, at a function to felicitate the achievers in different fields aided by HCL Samuday in the villages of state, in Lucknow on Tuesday. Her mother, Kiran, is an Indian art collector and founder of Kiran Nadar Museum of Art. HCL founder Shiv Nadar’s daughter seeks healthcare fortune Bhuma Shrivastava. ‘My daughter did something you won’t like’: HCL founder Shiv Nadar reveals at RSS headquarters. Roshni Nadar Malhotra succeeds Shiv Nadar as HCL Technologies Chairman. 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. Nadar Malhotra is the daughter of HCL founder Shiv Nadar, and Nadar Malhotra took over the HCL Technologies chairperson’s role from his father HCL … HCL Technologies' founder Shiv Nadar's only daughter, Roshni Nadar Malhotra, is the richest woman in India On July 17, 2020, Roshni Nadar took over from her Globe Icon An icon of the world globe. In 2019, she was ranked 54th on the Forbes World's 100 Most Powerful Women list. The 38-year-old succeeds her father Shiv Nadar. Know from Shahnaz Husain, Worried about your skin in winters? She set up 'The Habitats' trust in 2018 to protect India's natural habitats and indigenous species. Roshni Nadar Malhotra will take over as the Chairperson of the HCL board of directors from July 17, 2020. googletag.cmd.push(function () { googletag.display('div-gpt-ad-1494579592958-0'); }); Big fraud! 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The Foundation aims to work toward protecting India’s natural habitats and its indigenous species with the core mission of creating and conserving sustainable ecosystems through strategic partnerships and collaborations with all stakeholders, at every level. “We are living in unprecedented times where organizations and people across geographies are dealing with challenges related to the pandemic. Last week, HCL founder and Chairperson Shiv Nadar handed over the reins of his empire to his daughter Roshni Nadar Malhotra. 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. Millions more US jobs at risk of being lost as coronavirus crisis deepens. She is married to Shikhar Malhotra, who is the executive director of HCL Corporation and the vice chairperson and CEO of HCL Healthcare. In 1970, he founded HCL and transformed the IT hardware company into an IT enterprise. 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. Roshni Nadar Malhotra is the new Chairman of HCL Technologies, the company announced in a regulatory filing on Friday. HCL Technologies, the third-largest IT services company in India, said Friday that its co-founder Shiv Nadar had stepped down as chairman of the board of directors and handed over the baton to his daughter Roshni Nadar Malhotra.. Nadar, 75, will continue as the company’s managing director, with the designation of chief strategy officer, the Noida-headquartered company said in a statement. 'My Daughter Did Something You Won’t Like': What Chief Guest Shiv Nadar Said at RSS Dussehra Function Interestingly, Roshni Nadar Malhotra’s appointment comes a little over a year after HCL Tech peer Wipro Ltd appointed Azim Premji’s son, Rishad Premji, to replace him as company chairperson. 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… Shiv Nadar is an Indian entrepreneur, billionaire industrialist founder of HCL Technologies, an innovative technology solutions company in India, headquartered in Noida, Uttar Pradesh. At the end of June 2020 quarter, HCL had 150,287 employees with a gross addition of 7,005 people. Originally a research and development division of HCL, it emerged as an independent company in 1991 when HCL entered into the software services business. He is also the Chief Strategy Officer of HCL Technologies, a group company and India’s third largest IT services organization. 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. Roshni established The Habitats Trust in 2018. Nadar is an alumnus of Northwestern University and the Kellogg School of Management. Roshni is an alumni of Northwestern University majoring in Communication with a focus on Radio/TV/Film. Lewis Institute Community Changemaker Award by Babson College in 2017. She also is the driving force behind VidyaGyan, a leadership academy for the economically underprivileged, meritorious, rural students of Uttar Pradesh. Earlier, she was the Executive Director and the CEO of HCL Enterprise. Mr Nadar would continue to be MD of Company with designation as Chief Strategy Officer," the filing said. 15-05-2014. 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. HCL Technologies announced its June quarter (Q1) results today. The founder and Chairman of HCL technologies, Shiv Nadar has stepped down and his daughter Roshini Nadar Malhotra is set to take his place. Shiv Nadar (born 14 July 1945) is an Indian billionaire industrialist and philanthropist. Oct 8, 2019, 10:23 pm IST. "The adverse conditions during this quarter had an anticipated negative impact on our revenue. Shiv Nadar, Founder, HCL Technologies. 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