Shiv Nadar steps down as HCL Technologies chairman; daughter Roshni takes over

[Kool_SRG]

Shiv Nadar steps down as Chairman of Board of Directors of HCL Technologies. His daughter Roshni Nadar Malhotra takes over effective July 17, 2020.

In a statement, the company said, "The Board of Directors has appointed Ms. Roshni Nadar Malhotra, Non-Executive Director as the Chairperson of the Board of Directors and the Company w.e.f. July 17, 2020, in place of Mr. Shiv Nadar who expressed his desire to step down from the position of the Chairman."

"Mr. Shiv Nadar would continue to be the Managing Director of the Company with the designation as the Chief Strategy Officer of the Company," the statement added.

 

 

HCL Technologies reported 7.3 percent QoQ fall in its June quarter net profit at Rs 2,925 crore and a profit of Rs 3,154 crore in the March quarter.

Revenue from operations was down 4 percent in at Rs 17,841 crore versus Rs 18,590 crore reported in the previous quarter.

 

[Kool_SRG]

Roshni Nadar Malhotra, India's Wealthiest Woman, New Chief Of HCL Tech

At HCL Corporation, Roshni Nadar Malhotra is responsible for providing strategic guidance to the organisation.

 

 

[Kool_SRG]

[Kootami]

is this also considered Nepotism ?

[AFDBRAJA]

Ma friend gadu tester ga chesthunadu kukala 5 years nunchi, chath vadiki ivakunda kuthuriki ivadam anyam. 

Ma friend sachi pothademo inka.

[Kool_SRG]

7 minutes ago, Kootami said:

is this also considered Nepotism ?

Pitcha lite...

She seems to have worked with other companies before joining HCL and seems to have good recognition...

[AFDBRAJA]

6 minutes ago, Kool_SRG said:

Pitcha lite...

She seems to have worked with other companies before joining HCL and seems to have good recognition...

Aythy ma friend kichi match cheyamandi

Adedo.cinema lo rikshavodu lo nagma ki chiru ki cheyaleda ala

[Ryzen_renoir]

WITCH companies antha family run management  except TCS . 

Work from home model sucess ayithey , their profit margins will go through the roof . Shares kooda baaga increase chesaru in anticipation of work from home . Covid valla baaga profit aye sector IT in india

[r2d2]

Good for her👍

[MRI]

1 hour ago, Kool_SRG said:

Pitcha lite...

She seems to have worked with other companies before joining HCL and seems to have good recognition...

She got those opportunities because of nepotism. #justsaying

[LadiesTailor]

14 minutes ago, MRI said:

She got those opportunities because of nepotism. #justsaying

Family business lo nepotism endayyaaa 

[Assam_Bhayya]

She looks like this character artist/actress, may be due to sambaar consumption regularly 

 

 

[MRI]

35 minutes ago, LadiesTailor said:

Family business lo nepotism endayyaaa 

nenu annadi vachina opportunities gurinchi.. and family business aa? last time i remember HCL was trading in NSE and also Nadar family is not majority stake holder..