And as the IT sector is ever-growing, it has even started dominating other sectors of the economy. The advent of the Covid-19 pandemic has given this sector a positive blow to growth.

Shiv Nadar –

• Shiv Nadar is an Indian IT pioneer who co-founded HCL Technologies Ltd., in 1976. Interestingly, HCL now among India’s largest software service providers, was started from the garage.
• He has been conferred Padma Bhushan for his efforts in the IT industry.
• As a philanthropist, he put his efforts into developing the educational system of India through the Shiv Nadar Foundation.
• He is the third richest person in India and the 40th richest person in the world.
• His net worth is $32.8 billion, as of 2022, as per sources.
• HCL technologies employ around 169,000 people in 50 countries.

Azim Premji –

• Azim Premji was the chairman of Wipro Limited and remains the chairman founder of the Indian tech giant.
• He is known as the ‘Czar’ of the Indian IT Industry which means ruler or emperor, in Russia.
• He is among the richest men in India with an estimated net worth of US$32.8 billion according to sources.
• Being a great philanthropist, he believes that being rich “did not thrill” him. As of his ideology, he became the first Indian to sign up for The Giving Pledge. This campaign is to encourage the richest personalities to make a commitment to give most of their wealth to philanthropic causes.

N. R. Narayan Murthy – 

• Nagavara Ramarao Narayana Murthy legendary co-founder of Infosys, in 1981.
• He did a master’s degree from IIT, Kanpur.
• He has been conferred with the Padma Vibhushan and Padma Shri awards for his contribution to the IT sector.
• He is described as the “father of the Indian IT sector” by Time Magazine.
• His net worth is estimated at US$4.3 billion, as of October 2021, per sources.

Senapathy Gopalkrishnan – 

• Senapathy Gopalkrishnan also cofounded Indian tech giant Infosys, with Narayan Murthy.
• After serving from Infosys, Krishnan remains active in promoting the startup ecosystem in India.
• As a philanthropist, he is supporting research and studies in the fields of-  brain sciences,  and healthcare in India.
• He has received both master’s degrees – M.Sc and M.Tech from IIT, Madras.

Byju Raveendran and Divya Gokulnath –

• Raveendran is among the youngest richest personalities in India.
• He and his wife Divya Gokulnath founded Byju’s in 2011. Byju is a edtech company.
• With a net worth of 250 crores USD, as of 2022.
• The student base of Byju has grown to 100 million students. It also has around 6 million annual paid subscriptions.
•  It had investments from top tech companies -Tencent, Tiger Global, and even from Mark Zuckerberg, in July 2021.

Sridhar Vembu & Siblings –

• Sridhar Vembu is the founder and CEO of  Zoho, founded in 1996.
• He is the 59th richest Indian in the world with a net worth of US$2.5 billion, as of 2020(Forbes report).
• Vembu has studied Ph.D. in electrical engineering (Princeton) and started his career at Qualcomm.
• Zoho Corporation is Indian MNC that makes a web-based business tool. Popular for its online office suite.
• Zoho has more than 60 million users worldwide, as per sources.

The post Top Indian business tycoons from IT sector appeared first on The Tech Outlook.

He was born in a small village of Tamil Nadu and did his schooling there. He began his career in 1967 with a job at Walchand group’s Cooper Engineering Ltd. in Pune but soon gave it up to find his own venture HCL in 1976. He had made a lot of efforts in the firm and converted it to a large scale IT enterprise. He also invested his income and efforts to provide education to unpriviledged children through the Shiv Nadar Foundation. In 2008, he was honoured with Padma Bhushan for his spectacular efforts in the IT industry.

His success and his journey can inspire millions of hardworking individuals. So let’s have a look at his motivational and some of the remarkable quotes which can leave a deep impact on our lives and way of living.

• “When you are running a business, there is a constant need to reinvent oneself. One should have the foresight to stay ahead in times of rapid change and rid ourselves of stickiness in any form in the business.”
• “Adaptability and constant innovation is key to the survival of any company operating in a competitive market.”
• “If you are calm about your ambitions, you become confident of achieving what you set out to do.”
• “A founder can carry an institution only so far, and then others have to step in, even the alumni. That’s how an institution becomes one.”
• “Education is and will be the most powerful tool for individual and social change, and we must do all that it takes to facilitate it.”
• “It is good to start as young as you can. What is more important is to carve out your vision and assess your readiness to start giving. Commitment and purpose are core to giving.”
• “The younger you are, the more courage and audacity you will have to set long-term goals and be there to personally work towards your vision.”
• “If you are calm about your aspiration and ambitions, then you become confident of achieving what you set out to do.”
• “Any organisation has to go through at least one depression to see how it survives, and a normal economic cycle takes seven years.”
• “We need a world-class institution which will create leaders out of the children who have not had a good start in life.”
• “I admire companies that give back to communities. It is absolute essential for organisations to watch, mitigate, and improve their impact on the environment, people, communities, their health and overall well-being. This is a necessary condition, not a sufficient condition.”
•  Like education, healthcare also needs to be given importance.

He was from a middle class family and lost his father at a young age. He has become such a successful businessman with his own hardwork and dedication. He sets the path for other businessmen and proves to be a great motivation for those struggling.

The post Top Quotes by the Founder Of HCL Shiv Nadar appeared first on The Tech Outlook.

The company’s revenue grew 8.6 percent to Rs 17,841 crore
HCL Technologies told the stock market that the company had reported a net profit of Rs 2,220 crore in the April-June 2019 quarter. The company’s revenue grew 8.6 per cent to Rs 17,841 crore in the quarter under review, from Rs 16,425 crore in the same quarter last year. However, there has been a decrease of about four per cent in income compared to the March 2020 quarter.

HCL Technologies Chairman and CEO C Vijayakumar said that adverse conditions had a negative impact on our earnings this quarter, though the flexibility of the operating model helped maintain margins and cash flow. C Vijayakumar said that the company had enough deals, and it got 11 very important deals in this period.

Shiv Nadar himself had expressed his desire to step down as chairman of the company – to remain MD.
The company said that the board of directors has decided to replace Shiv Nadar with his daughter and the company’s non-executive director Roshni Nadar Malhotra as the board and chairman of the company. His appointment is effective from Friday. The company said that Shiv Nadar had expressed his desire to step down and he would remain the company’s MD with the designation of Chief Strategy Officer.

The post HCL tech commanded by country’s richest woman, Shiv Nadar removed, daughter Roshni Nadar becomes chairperson appeared first on The Tech Outlook.