Shiv Nadar (born 14 July 1945) is an Indian industrialist and philanthropist.[3] He is the founder and chairman of HCL and the Shiv Nadar Foundation. 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.[4] Nadar, nicknamed by friends as Magus (Old Persian for "wizard"),[5]since the mid-1990s has focused his efforts on developing the educational system of India through the Shiv Nadar Foundation.[6] He is the brother of Tamil novelist Ramanichandran.
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THE HCL MAN: SHIV NADAR
1. THE HCL MAN: SHIV NADAR
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Shiv Nadar (born 14 July 1945) is an Indian industrialist and
philanthropist.[3] He is the founder and chairman of HCL and the Shiv Nadar
Foundation. 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.[4] Nadar, nicknamed
by friends as Magus (Old Persian for "wizard"),[5]since the mid-1990s has
2. focused his efforts on developing the educational system of India through the
Shiv Nadar Foundation.[6] He is the brother of Tamil novelist Ramanichandran.
EARLY LIFE AND EDUCATION
Nadar was born in 1945 in Moolaipozhi Village, about 10 kilometres (6.2 mi)
from Tiruchendur in Thoothukudi district(present), Tamil Nadu, India.[citation
needed] His parents were SivasubramaniyaNadar and Vamasundari Devi.[7] His
mother, Vamasundari Devi, is the sister of S. P. Adithanar, founder of Dina
Thanthi newspaper.
Nadar studied at Town Higher Secondary School, Kumbakonam.[8] He was
admitted into the first form (Sixth Standard) in June 1955 and continued his
education in Town High School until June 1957.[citation needed] Nadar received a
pre-university degree in the American College, Madurai and a degree in
Electrical and Electronics Engineering from PSG College of
Technology, Coimbatore.
CAREER
Nadar began his career at Walchand group's Cooper Engineering in Pune in
1967.[9] he soon gave it up to begin his own venture, in partnerships with
several friends and colleagues. These partners were AjaiChowdhry (Ex-
Chairman, HCL Infosystems), Arjun Malhotra (CEO and Chairman,
Headstrong), Subhash Arora, Yogesh Vaidya, S. Raman, MahendraPratap
and DS Puri.[10]
3. The initial enterprise which Nadar and his partners began was Microcomp, a
company which focused on selling teledigital calculators in the Indian
market.[11][12] HCL was founded in 1976, with an investment of Rs. 187,000.[13]
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.[14] Nadar remained the largest shareholder without retaining any
management control.
FOCUS ON EDUCATION AND HEALTHCARE
In 1996, Nadar founded SSN College of Engineering in Chennai, Tamil Nadu
in the name of his father, SivasubramaniyaNadar. Nadar took an active role in
the college activities, including the gifting of Rs. 1 million worth of HCL shares
to the college.[15] In 2006, Nadar announced that the college will promote
research apart from ensuring that students benefit from foreign university tie-
ups.[16] Nadar joined the executive board of Indian School of Business in
2005.[17] In March 2008, Nadar's SSN Trust announced the setting up of two
Vidyagyan schools in UP for rural students, where free scholarship will be
provided for 200 students from 50 districts of Uttar Pradesh. He visited Town
Higher Secondary School in February 2011 and donated computers and other
equipment worth Rs. 80 lakhs. He served as chairman of the board of
governors, IIT Kharagpur, a technical institute until 2014.
4. AWARDS AND ACCOLADES
In 2008, the government of India awarded Nadar with a Padma Bhushan, the
third highest civilian award, for his contribution to the IT industry.[18]
In 2007, Madras University awarded him an honorary doctorate
degree.[19] Nadar was also recognised as E&Y Entrepreneur of the Year 2007
(Services).[20]
In 1995 he became the Dataquest IT Man of the year.[the In 2005 he was
bestowed with CNBC Business Excellence Award.[In 2006 he received an
honorary fellowship from the All India Management Association.[In 2011 he
was counted amongst Forbes' 48 Heroes of Philanthropy in Asia Pacific.[21] In
2010 he received the Dataquest Lifetime Achievement Award.[
In April 2017, India Today magazine ranked Nadar #16th in India's 50 most
powerful people of 2017 list.[22] Nadar has committed more than $1 billion to
philanthropy.