Latest news with #Ramnath


India Today
11-07-2025
- Health
- India Today
Tamil Nadu twins build machine ‘Shield-X' to sterilise everyday objects
A pair of twin brothers from Tamil Nadu have designed and patented a new sterilisation machine aimed at promoting personal hygiene, inspired by the widespread impact of the Covid-19 pandemic. Named 'Shield-X', the device is intended to disinfect everyday personal belongings and reduce the spread of harmful pathogens in public and private inventors, Ramnath and Laxmanakanth from Salem, said their motivation stemmed from witnessing the devastation caused by the pandemic and the need for accessible hygiene solutions. 'We faced major loss of life due to the Covid-19 pandemic, life loss caused not by war or natural calamity but by pathogens. Though we maintained social distancing, one way for such pathogens to stay around was due to our neglect to keep items that we use everyday clean and even if such a product had to be used, it was not affordable. This led to us creating the Shield-X chamber as a way to remind the public about keeping their day-to-day used products clean and sterile,' said Shield-X machine has been designed with four distinct modes of sterilisation, tailored to the type of object being cleaned. 'We have initially created the machine with four modes sterilisation which includes, UV-sterilisation where 89-2100 nm UV light will be used, then thermal disinfectant, third is fogging treatment where we have worked on a chemical composition and final process fume extraction where hot, dry air is used to sterilise. Based on the items, the sterilisation process varies. Cellphones are objects which we use regularly but we never clean and so for sterilising smartphones we can use UV treatment for 30 seconds, while for an object like a helmet, we will have to use all four methods of cleaning which can be done in 4 minutes,' explained Ramnath. The brothers believe that the Shield-X chamber can be seamlessly integrated into a variety of environments. 'The machine is designed in such a manner that it can also be used like a vending machine and is app compatible,' said Ramnath. They added that the machine can be installed in educational institutions, corporate offices, and public spaces, offering a practical and automated solution to help keep commonly used items sterile.- Ends IN THIS STORY#Tamil Nadu


Cision Canada
07-07-2025
- Business
- Cision Canada
DXC Technology Appoints Professional Services Industry Veteran Ramnath Venkataraman as President of Consulting & Engineering Services
ASHBURN, Va., July 7, 2025 /CNW/ - DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services provider, today announced the appointment of Ramnath Venkataraman as President, Consulting & Engineering Services (CES). A distinguished leader with nearly three decades of experience at Accenture, Ramnath will report directly to DXC President and Chief Executive Officer, Raul Fernandez. "Ramnath is a world-class technology and consulting leader with a proven track record of driving growth and innovation at a global scale," said Fernandez. "His professional services experience leading enterprise-wide modernization efforts, with scaled delivery, along with his forward-looking approach to AI and next-generation technologies, align strongly with our strategic priorities. Ramnath will play a critical role in strengthening and further simplifying our offerings, driving performance, and creating differentiated value for our global customers." Ramnath joins DXC's senior leadership team to lead the company's CES business unit. He will be focused on accelerating customer innovation and enhancing the value delivered to customers through DXC's deep industry expertise and advanced capabilities in areas such as AI, application modernization and data analytics. Ramnath's appointment underscores DXC's commitment to attracting top-tier leadership to help build and grow its priority businesses. With 50,000 engineers and consultants around the world, the CES division plays an essential role in DXC's efforts to help customers modernize operations and solve complex strategic and technology challenges to unlock new sources of competitive advantage. "I am thrilled to join DXC at this pivotal moment in the company's history and appreciate the opportunity to contribute to the next phase of progress under Raul's leadership," said Ramnath. "DXC plays an essential role managing and modernizing some of the most complex and vital technology systems in the world. I look forward to working with the talented team here to help our customers accelerate their transformation journeys, harness the power of AI to drive tangible business outcomes, and solidify our position as a leader in innovative technology services." Ramnath joins DXC following a distinguished career spanning three decades at Accenture, where he was a member of the Global Management Committee. Most recently, he oversaw the firm's global technology sales, solutioning, assets, offerings and network of Advanced Technology Centers. His career has been defined by his work with clients across numerous industries, including banking, consumer goods, retail, life sciences and automotive, focused on strategy, consulting and large-scale technology and talent transformation. He has successfully led complex programs that delivered significant cost optimization while modernizing technology landscapes for global enterprises and is widely recognized for his thought leadership in innovation and the enterprise application of Generative AI. About DXC Technology DXC Technology (NYSE: DXC) helps global companies run their mission-critical systems and operations while modernizing IT, optimizing data architectures, and ensuring security and scalability across public, private and hybrid cloud. The world's largest companies and public sector organizations trust DXC to deploy services to drive new levels of performance, competitiveness, and customer experience across their IT estates. Learn more about how we deliver excellence for our customers and colleagues at


The Hindu
05-06-2025
- Business
- The Hindu
ED initiates action against RR Industries under FEMA
The Chennai Zonal Office of the Directorate of Enforcement (ED) has issued seizure order of Rs.16.19 crore of immovable property belonging to RR Industries. The order was issued under Section 37A of FEMA, 1999. In a press release, the ED said it had initiated investigation on the private company under the provisions of Foreign Exchange Management Act, 1999, on the basis of preliminary investigations conducted by this office into RR Group Companies wherein it was observed that outward remittance to the tune of Rs.16.19 crore was made by Hanudev Investment Private Limited (HIPL) as overseas direct investments into RR Industries Singapore, a Singapore registered company. As the investments did not comply with the RBI Guidelines and FEMA Regulations, the ED investigation revealed that HIPL established a company named RR Industries Singapore (RRISPL) and invested Rs. 16.19 crore under the pretext of engaging in mineral trading, particularly coal in Indonesia and surrounding regions. However, investigation revealed that no actual assets were created through this investment, and there were no genuine efforts made by HIPL or its group companies to repatriate the funds back to India. The investment was directed into an Indonesian company Novem Coal Resources (NCR), managed by Ramnath, a cousin of R. Ravi of HIPL. When questioned, Ravi failed to provide any credible documentation or explanation regarding the operations or returns from NCR over the past 14 years. The investment was eventually written off in the books of HIPL without any justification, and Ravi's explanation that it was done based on advice due to uncertainty over mine ownership was deemed unconvincing. These actions suggest a deliberate attempt by Ravi, HIPL, and their associates to park funds overseas for personal gain while evading regulatory scrutiny. Additionally, statements from Build India Capital Advisors LLP support the claim that this was a clear case of fund diversion to a foreign entity controlled by the accused individuals.


News18
20-05-2025
- Entertainment
- News18
‘Uncle Bas Karo:' Man's Dramatic Plea To Passengers On Mumbai Local Goes Viral
Last Updated: The man loudly screams and urges fellow passengers heading to Thane to move towards the exit doors and form a queue. Mumbai's local trains are among the busiest and most crowded, even during off-peak hours. The Mumbai Suburban Railway carries millions of commuters every day, and a recent viral video perfectly illustrates this. However, beyond the packed coaches, the video has caught the internet's attention for a hilarious reason: a man's dramatic attempt to manage the crowds inside a jam-packed local train. The incident, which took place on a Central Railway second-class general coach bound for Thane, features a man identified as Adhikari Kulprasad Ramnath. The Instagram reel opens to show Ramnath, a man wearing glasses, positioning his phone camera in the middle of the tightly packed commuters. He loudly screams and urges fellow passengers heading to Thane to move towards the exit doors and form a queue. Raising himself slightly from his seat, he dramatically announces, 'Thane wale aage jao bhai fir chalne ko utarne ko milega nahi bhai (Thane passengers, move forward or you won't get space to walk or get down)." He then pans his camera across the coach, capturing the overwhelming crowd packed inside. 'Ye dekho (Look at this)," he exclaims, urging passengers to line up near the doors before the train arrives at Thane station. Following his loud announcement, Ramnath pretended to be surprised at being recorded, saying, 'Arey video ban gaya kya? (Oh, did a video get created?)," and then he broke into a quirky laugh. The video quickly went viral, sparking a mix of reactions from amusement to irritation. While many users mocked his over-the-top and loud approach in the chaos of Mumbai's local trains, others praised his confidence and boldness. A user commented, 'Uncle bass karo, mujhe sharam aa rahi hai! (Uncle, please stop. I am feeling embarrassed)." 'That's why I prefer first class," another wrote. An individual advised, 'Aramat bol, kaka (Speak calmly, uncle.) 'Salute your confidence level," said a user. An Instagram user wrote, 'Bhai himmat chaiye itne logo ke bech mai video bana ne ke liye (Brother, it takes courage to make a video in front of so many people)." While Ramnath's message about maintaining order during disembarkation may have been well-intentioned, it was his sharp tone that irked the internet. First Published: May 20, 2025, 11:28 IST


Reuters
11-02-2025
- Business
- Reuters
India must ease rules for domestic investors, Multiples Asset Management CEO says
NEW DELHI/MUMBAI Feb 11 (Reuters) - India must simplify rules for domestic funds investing in local companies to ensure a level-playing field with foreign peers, Renuka Ramnath, the founder and CEO of Multiples Asset Management said on Tuesday. The Mumbai-based Multiples is one of India's leading private equity investors. Founded in 2009 by Ramnath, Multiples has an investment portfolio that includes companies such as Delhivery ( opens new tab and Dream 11. The firm manages around $3 billion in assets across 30 companies via four funds. The fund plans to invest $2 billion in India's technology sector over the next five years. More than 90% of control transactions, or deals involving a change of ownership of a company, are currently being done by foreign funds, Ramnath, a former chairperson of Indian Venture Capital Association, said. "(This happens) not because local funds don't have the capability, but they don't have the avenue to do it," she said. The markets regulator's rules on co-investments by Indian funds into local companies and restrictions on Indian banks, insurance companies and pension funds from investing in local companies lead to "missed opportunities", she said. The regulator's new rules for co-investments by portfolio management services, introduced in 2022, have led to complications in deal structuring and documentation, according to Ramnath. Get the latest news from India and how it matters to the world with the Reuters India File newsletter. Sign up here.