Billionaire Shiv Nadar, the founder of HCL and the Shiv Nadar Foundation, reportedly donated a sum of one crore to the Lord Venkateshwara shrine. Located at Tirumala, the Lord Venkateshwara shrine is very popular among devotees and Nadar handed the authorities a demand draft worth Rs 1,00,00,001. Nadar had arrived at the shrine on July 23 to offer prayers.
According to a public relations official of the Tirumala Tirupati Devasathanam, the HCL chairman asked the TTD to use the money to fund a hospital that it runs for handicapped persons.
With a net worth of $14.1 billion, as reported by Forbes, Nadar founded HCL in his garage in 1976 to make calculators and microprocessors. At present Nadar is the chairman of HCL Technologies which reportedly makes $7.5 billion, making it the fourth-largest provider of software services in India.
The company has also invested $780 million in an intellectual property partnership with IBM and employs about 120,000 people globally. According to Forbes, HCL hires high school graduates and trains them on the job.
Shiv Nadar was awarded a Padma Bhushan for his network in the IT industry and has been nicknamed Magus, or wizard, by his friends.Read More