Shiv Nadar

Shiv Nadar, Azim Premji: 2 IT czars lost $8.8b, among 10 worst hit billionaires in 2025

Dec 15, 2025, 11:13 AM IST

Shares of HCL Tech and Wipro have fallen 12–13 per cent so far in 2025, which is relatively better than the 14.25 per cent decline in the BSE IT index over the same period.

Philanthropy 2025: how India’s wealthiest are rewriting legacy through giving

Nov 21, 2025, 10:51 AM IST

India’s wealthiest families are leading a new era of giving. From Shiv Nadar’s ₹2,708 crore to the Poonawallas’ ₹173 crore, 2025 marks a record-breaking year in philanthropy.

Intelligence Outsourcing: The Great Reset in the Indian IT Sector

Nov 11, 2025, 08:10 PM IST

In 1974, it delivered a financial accounting solution for a housing society in the United Kingdom, considered the first full software development lifecycle project. By 1976, the company had crossed $1 million in revenue.

Hurun India Philanthropy List 2025: Shiv Nadar tops list with ₹2,708 cr donation. Check full list

Nov 06, 2025, 02:50 PM IST

The top 10 philanthropists together contributed ₹5,834 crore, accounting for 56% of total giving and marking a 26% increase over 2024. Following Nadar, Mukesh Ambani & family ranked second. The Bajaj family retained third place with ₹446 crore in donations.

Ambani, Adani wealth sinks: Market crash wipes out $10.3 billion from India’s richest in a day

Apr 07, 2025, 04:33 PM IST

Indian billionaires witness substantial net worth decline due to market turbulence.

Stock market selloff: Not Adani or Ambani, this billionaire took biggest hit in 2025

Apr 07, 2025, 10:49 AM IST

Stock market: IT players are running out of levers for margin expansion given already low attrition and high utilisation. Pricing strain does exist in new deals, which may cap meaningful margin expansion in FY26.

Roshni Nadar Malhotra Gifted HCL Stake By Father, Catapults To #3 Richest In India

Mar 10, 2025, 04:57 PM IST

India has a new powerhouse at the top! On March 6, 2025, HCL co-founder Shiv Nadar signed a gift deed transferring his 47% stake in Vama Sundari Investments and HCL Corp to his daughter, Roshni Nadar Malhotra, making her India’s richest woman and third richest Indian overall. The 43-year-old Chairperson of HCLTech now holds 57.33% of the holding companies, overtaking Savitri Jindal. This translates to a 63% stake in HCL Infosystems (market cap: ₹480 crore) and 44% in HCL Tech (valued at ₹1.9 lakh crore of its ₹4.25 lakh crore market cap). Shiv Nadar, a Padma Bhushan awardee, steps back to a 4% stake, while Roshni ascends into the elite league of wealth, trailing only Mukesh Ambani and Gautam Adani on Bloomberg’s rich list. With a Communications degree from Northwestern and an MBA from Kellogg, Roshni joined HCL in 2008, becoming chairperson in 2020. She’s also a trustee of the Shiv Nadar Foundation, which has invested $1.5 billion in education. SEBI granted an exemption from an open offer, smoothing the transition. Watch how Roshni Nadar Malhotra reshapes India’s billionaire landscape in this historic shift!

HCL succession: Roshni Nadar Malhotra cements control as Shiv Nadar gifts 47% stake

Mar 08, 2025, 10:23 PM IST

The transfer was formalized through two gift deeds executed on March 6, 2025, ensuring continuity of ownership within the Nadar family. "Gift deeds have been executed pursuant to a private family arrangement intended to streamline succession, ensuring stability and control by the Shiv Nadar Family," the filings stated.

Class 12 Mathematics board exam analysis: A mix of moderate difficulty and time management challenges

Mar 08, 2025, 03:32 PM IST

The paper saw mixed reactions from students and educators. While the paper followed the CBSE sample pattern, its length posed a challenge for some

CBSE Class 12 business studies exam analysis: Experts and students rate exam ‘easy to moderate’

Feb 22, 2025, 03:46 PM IST

The three-hour, 80-mark paper featured a mix of multiple-choice, short-answer, and long-answer questions, with a notable emphasis on case-based problem-solving

India’s Top Philanthropists 2024: Shiv Nadar, Mukesh Ambani Lead Hurun Philanthropy List

Nov 09, 2024, 01:00 PM IST

Shiv Nadar and family have once again topped the EdelGive-Hurun India Philanthropy List 2024, contributing an impressive ₹2,153 crore, marking the third time they’ve led the rankings in the past five years. This year’s list also includes prominent names like Mukesh Ambani, the Bajaj family, Kumar Mangalam Birla, and Gautam Adani. Notably, Mukesh Ambani secured the second position with donations of ₹407 crore, while the Bajaj family climbed to third with ₹352 crore, reflecting a 33% increase in their contributions. The report highlights a significant rise in high-value donations, with 18 Indian philanthropists donating over ₹100 crore each, up from just two in 2018. Nikhil Kamath of Zerodha stands out as the youngest philanthropist on the list, while Rohini Nilekani, contributing ₹154 crore, leads as the most generous woman philanthropist in India.