The Nadar family earned Rs 9,906 crore from HCL Technologies in FY25, up from Rs 8,585 crore a year earlier.
Subsequent to the transfer, the aggregate shareholding of the promoter and promoter group of HCL Tech would remain unchanged at 60.82 percent.
Shiv Nadar Foundation Institutions donated Rs 2,153 crore in FY24, which amounts to Rs 5.9 crore a day
Savitri Jindal, the former Chairperson of OP Jindal Group, is the third richest person with a total net worth of $24.7 billion. She sources her wealth from group companies like Jindal Steel, Jindal Steel and Power, and Jindal Energy. She added $8.93 billion to her wealth recently.
Wipro’s Azim Premji donated an additional Rs 1,290 crore in FY23, his total donations stood at Rs 1,774 crore
Nadar was honoured for his contribution to the technology industry and his philanthropic initiatives focussed on enabling access to educational opportunities.
As Adani Group chairman Gautam Adani overtook legendary investor Warren Buffett to become the fifth richest person globally, here's a look at the 7 Indians who made it to the list of the 100 richest people in the world.
RIL chairperson Mukesh Ambani is also the richest person in Asia and the tenth richest in the world
Serum Institute of India chief Cyrus Poonawalla, D-Mart founder RK Damani and steel magnate Lakshmi Mittal are three new Indian entrants in the list of top 100 global billionaires.
India has achieved the milestone of having over 1,000 individuals with a net worth of Rs 1,000 crore, as per the IIFL Wealth Hurun India Rich List 2021. As many as 1,007 individuals across 119 cities have a net worth of Rs 1,000 crore, Hurun India said.
Investors don't mind retiring promoters staying on as a chairman emeritus but are drawing the line at paying hefty fees for an extra-constitutional position
“I say, that’s a hell of a way of starting a car,” said Shiv Nadar.
HCL Tech has vaccinated 70 percent of its employees so far and expect to vaccinate its entire workforce by the end of this quarter. The company has three percent of the employees coming to offices currently and this number is slowly going up.
Shiv Nadar is one of the pioneers of the computing and IT industry in India.
Overall the rich in India got richer as the top 100 richest named in the list, increased by about 14% or $517.5 billion compared with what it was in 2019 as per Forbes Magazine.
The handover from father Shiv Nadar, 75, who co-founded the IT company back in 1976, will not really lead to a shakeup or change in strategy.
Shiv Nadar will continue to be the managing Director with designation as the chief strategy officer.
Generosity in India seems to be on a decline as each year the number of philanthropists are going down as well as the donation amount.
India's richie rich club has shrunk by 11 people since the demonetisation last November, while Mukesh Ambani remains the richest Indian with a net worth of USD 26 billion, a study showed today.
"Vijay has been a transformational leader in the company leading from the front. His vision and flawless execution trackrecord best positions him for taking our journey forward," HCL Technologies Chairman and Chief Strategy Officer Shiv Nadar said.
Forbes India has released the annual India rich list and Reliance Industries' Chairman Mukesh Ambani has topped the Forbes' '100 Richest Indians' list with a net worth of USD 22.7 billion.
The '100 Richest Tech Billionaires In The World 2016' list has been topped by Microsoft founder Bill Gates with an estimated fortune of USD 78 billion.
HCL Tech has disappointed the street with its January-March quarter results. It posted Q3 net profit at Rs 1926 crore up 0.3 percent from last quarter. Rupee revenue climbed 3.4 percent at Rs 10698 crore on sequential basis. In dollar terms, revenue was up 1.3 percent, at USD 1587 million.
HCL Technologies' second quarter profit beat analysts' expectations on Tuesday while dollar revenue matched estimates. Profit grew by 11.2 percent quarter-on-quarter to Rs 1,920 crore from Rs 1,726 crore.
As per the Hurun India Philanthropy List, which is a ranking of the most generous individuals from India, 70 years old Azim Hashim Premji was named as the most generous Indian as he donated Rs 27,514 crore for education.