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Roshni Nadar Malhotra, 39

Chairperson, HCL Technologies

Previous Rank : NEW

Nadar Malhotra, the only child of HCL’s billionaire founder Shiv Nadar, was appointed chairperson of the $10-billion IT services company, HCL Technologies, in July this year. She took charge of the Noida-based company— which commands a market cap of over $30 billion—from her father who started HCL in 1976. It wasn’t a sudden move but a planned succession. Nadar Malhotra joined the IT firm’s board in July 2013, and was named the vice chairperson in October 2018. Two months later, she was part of HCL Tech’s largest acquisition till date, when it acquired certain software products of tech giant IBM for $1.8 billion. In an industry where companies clone each other’s offerings in no time, Nadar Malhotra has a tough job at hand competing with larger rivals TCS and Infosys. She is the first woman chairperson of a top-tier Indian IT services company.

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