Shiv Nadar

As per the Bloomberg Billionaires - India list, Mukesh Ambani remains the richest Indian with a net worth of $88.1 billion, followed by Gautam Adani at $68.9 billion

Billionaire Shiv Nadar, founder of HCL, has gifted 47 per cent of his stake in HCL Corp and Vama Delhi to his daughter Roshni Nadar Malhotra as part of a strategic succession plan. After the transfer, Malhotra will acquire control and become a majority shareholder of Vama Delhi and HCL Corp, HCLTech said in a stock exchange filing. HCL Infosystems Ltd also made a similar filing. By virtue of her stakes in Vama Delhi and HCL Corp, she will become the largest shareholder of HCL Infosystems Ltd and HCL Tech. She will also acquire control over the voting rights in relation to the 12.94 per cent stake held by Vama Delhi and 49.94 per cent held by HCL Corp in HCL Infosystems. In HCL Tech, she will acquire a 44.17 per cent stake held by Vama Delhi and a 0.17 per cent stake from HCL Corp. "A gift deed dated March 6, 2025, executed by Shiv Nadar in favour of his daughter Roshni Nadar Malhotra for transfer of his 47 per cent shareholding in Vama Sundari Investments (Delhi) Private Limited (V

Grants exemption from open offer for acquiring stake from father Shiv Nadar

India's most valuable family businesses are collectively worth a whopping Rs 6,009, 100 crore, as per anewly released report which has unveiled the country's most influential family-owned enterprises.

IT services company HCL Technologies (HCLTech) has teamed up with SAP to drive innovation and accelerate the adoption of Generative AI, according to a release. With this collaboration, HCLTech will partner with SAP to develop solutions that enable businesses to get better outcomes and speed up business transformation. In partnership with SAP, HCLTech plans to create a repository of Gen AI use cases specific to SAP software, the release added. The use cases will complement cloud solutions from SAP and help customers explore the potential of enhancing SAP solutions with Gen AI. "By bringing together HCLTech's engineering expertise across various industries with SAP Business Technology Platform (SAP BTP), HCLTech aims to deliver innovative solutions that boost employee productivity, streamline operations, accelerate application development and optimise business processes," it added. HCLTech also plans to establish a dedicated Gen AI Center of Excellence, the focus of which will be to

We were always confident of our business mix and our incredible leadership and all other elements, said C Vijayakumar, CEO & MD, HCLTech

Following is the list of top Indian Business Personalities whose net worth surged the most in 2023

Philanthropy report card: Indian billionaires donated 59% more

According to the Forbes India Rich List 2023, Savitri Jindal is the wealthiest Indian woman

From Ambani to Birla, more and more business families in India are showing trust in their scions

In comparison, Ambani, who topped the list last year, has seen a 2.5 per cent decline in his family's net worth to $101.75 billion from $104.4 billion a year ago

HCL founder Shiv Nadar topped as the most generous person in the country with an annual donation of Rs 1,161 crore, the EdelGive Hurun India Philanthropy List 2022 revealed on Thursday. Nadar, 77, has reclaimed the 'India's most generous' title with a donation of Rs 3 crore per day, according to the report. Wipro's Azim Premji, 77, slipped to the second position with an annual donation of Rs 484 crore after ruling at the top position for the last two consecutive years, it said. India's richest man Gautam Adani, 60, ranked seventh in Edelgive Hurun India Philanthropy List 2022, with a donation of Rs 190 crore. The report further revealed that in India a total of 15 individuals made an annual donation of over Rs 100 crore, 20 donated over Rs 50 crore and 43 over Rs 20 crore. A M Naik, 80, group chairman of Larsen and Toubro, who donated Rs 142 crore, is the country's most generous professional manager, the report stated. It further said that Nithin Kamath and Nikhil Kamath of Zerod

Bilateral non-profit organisation honours billionaire for his contribution to technology industry and philanthropy

Adani was far ahead of Reliance Industries' chairman Mukesh Ambani (Mukesh Ambani & family), whose wealth rose 11 per cent in the last one year

Some are 'Midnight's Children' whose pre-Independence businesses bloomed after 1947, some 'Licence Raj Warriors' who refused to let red-tapeism slow them down. A look at 25 towering business leaders

Chairman of Reliance Industries, topped the rich list for the 14th year in a row

The tenth Hurun India rich list has Mukesh Ambani topping it for the 10th year in a row with Rs 7.18 trillion wealth - only 9 per cent up over 2020

Prominent Indian industrialists Shiv Nadar and Mallika Srinivasan have been chosen by a top India-centric business advocacy group as the recipients of its 2021 Global Leadership Award. The US India Business Council (USIBC) on Thursday announced the selection of Nadar, founder and chairman emeritus, HCL Technologies and Srinivasan, chair and managing director, Tractors and Farm Equipment Limited (TAFE), for the award. The two top leaders will be honoured at the 2021 India Ideas Summit to be held on October 6-7, a media release said. Given annually since 2007, the Global Leadership Awards recognise top corporate executives from the United States and India who have demonstrated exemplary leadership and played a major role in advancing the strategic and economic partnership between the countries, it said. In conferring these awards, we recognise the outstanding contributions of both Shiv Nadar and Mallika Srinivasan, USIBC said. Under Shiv Nadar's leadership HCL has transitioned from

Shiv Nadar to move on and take over as chairman emeritus and strategic advisor to the Board for five years. C Vijayakumar, president and CEO, named managing director

Here are the top news stories of the day