HCL Technologies’ founder and chief strategy officer Shiv Nadar is reportedly looking to exit the company by selling his approximately $10 billion (Rs 62,000 crore) stake in India’s fourth-largest IT company. Billionaire Nadar probably is looking to exit as his daughter Roshni, a member on the HCL board, is not interested in running the business. Nadar holds about 62% stake in HCL Technologies. Further, if a sale takes place, it could be the biggest-ever technology stake sale in India. However, the promoter has yet not appointed bankers to advise him on a sale.
HCL Technologies is a leading global IT services company working with clients in the areas that impact and redefine the core of their businesses. HCL leverages its extensive global offshore infrastructure and network of offices in 31countries to provide holistic, multi-service delivery in key industry verticals including Financial Services, Manufacturing, Consumer Services, Public Services and Healthcare & Life sciences.
Company Name | CMP |
---|---|
TCS | 3895.85 |
Infosys | 1425.15 |
HCL Tech. | 1316.25 |
Wipro | 451.35 |
Tech Mahindra | 1262.40 |
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