Wednesday, March 25, 2020

SHIVA NADAR-HCL

Shiv Nadar was born in 1945, in Tiruchendur, Tamil Nadu and he started his career at Walchand Group’s Cooper Engineering in Pune in 1967. He started HCL later in 1976 with an initial investment of Rs. 187,000 from six founders.In 1980 Shiv Nadar entered into the international market with commencement of his Far East Computers in Singapore to sell IT hardware.In 1984 Shiv Nadar also started with development of Personal Computer solutions called Busybee and UNIX platform based solutions. In the IT hardware business, his company started with an auxiliary called HCL office automation which became India’s leader in office solutions. By 1987, HCL earned a revenue of 100 crores and was ranked as India’s no.1 companyBy early 1998, Nadar had amalgamated his business into five companies – HCL Technologies, HCL Infosystems, HCL Comnet, HCL Perot and NIIT.HCL technologies were made public by Nadar in 1999, at the time of Initial Public Offering, HCL was the second largest IT Company.
ShivNadar

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