“To us, the definition of philanthropy is what we spend. A P&L account means expenditure, lines of revenue. There is a surplus; it goes to the balance sheet. A transparent foundation should disclose this.”

Indian businessman and philanthropist

Shiv Nadar is an Indian businessman and philanthropist known for founding HCL Technologies. Born in India, he built HCL in 1976 and later led its shift from an IT hardware company into a wider technology enterprise. He is also the chairman of the Shiv Nadar Foundation. Over the following decades, Nadar became closely associated with the growth of India’s technology sector through HCL. His work spans business leadership and philanthropy, with his public profile shaped by both the company he founded and the foundation he leads.