Atlas Ramachandran, Kerala-born businessman and film producer passes away in Dubai
Thiruvananthapuram, Oct 3: A well-known NRI businessman from Kerala who once ran a chain of jewellery stores in Kerala and abroad, passed away due to age-related ailments in Dubai, UAE, on Sunday.
The demise of Atlas Group chairman M M Ramachandran, popularly known as 'Atlas' Ramachandran, was condoled by Kerala Chief Minister Pinarayi Vijayan and other political leaders, including BJP state president K Surendran.
Ramachandran, who was 80 years old, was planning to revive his defunct jewellery business which had gone bottoms up after he was jailed in Dubai from 2015 to 2018 for failing to settle the outstanding amount of two bounced cheques worth USD 9.2 million.
As news of his death became public, social media was rife with comments by people who expressed their sadness over his demise and said they were expecting him to make a successful comeback.
People, on social media platforms, also said that he was a humble and innocent man who was betrayed leading to his downfall.
Vijayan, in a statement issued by the Chief Minister's Office (CMO), said the businessman was active in public forums and cultural gatherings in Dubai and had close contacts with the non-resident Malayalis.
He also helped the poor, the Chief Minister said in the statement.
Expressing his condolences, he said Ramachandran, who was a jeweller and also a film producer, died before he could realise his desire to return to his native land of Kerala.
The businessman is well known for his tagline -- 'trusted institution of crores' -- and besides producing movies, has also acted in some.
Ramachandran, born in Thrissur district of Kerala in 1942, started his career as a bank employee before moving into the jewellery business, the CMO statement said.
Hon'ble Governor Shri Arif Mohammed Khan said:"Heartfelt condolences on the sad demise of Shri Atlas Ramachandran, Gulf based Keralite entrepreneur noted for contribution to philanthropy and culture. May his soul attain Mukti ":PRO, KeralaRajBhavan pic.twitter.com/lcLEKiPJTi
— Kerala Governor (@KeralaGovernor) October 3, 2022
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India moving towards becoming global economic powerhouse: Kovind
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Amritsar (PTI): Former president Ram Nath Kovind on Friday said that with digital transformation, economic reforms and a strong focus on the ease of doing business, India is moving towards becoming a global economic powerhouse.
He was speaking after inaugurating the 19th edition of the Punjab International Trade Expo (PITEX) in Amritsar.
The former president said that this 19th edition of PITEX is being organised at a time when India is recognised as one of the fastest-growing large economies in the world.
Speaking at the inaugural ceremony of the event organised by the PHD Chamber of Commerce and Industry (PHDCCI) the former president, while referring to Punjab, said the state is a living example of courage, sacrifice and enterprise.
"The spiritual light of Sri Harmandir Sahib (Golden Temple) inspires peace and humanity across the world. The heritage of Punjab is deep and inspiring," Kovind said, according to a statement issued by the PITEX.
The former president congratulated the PHDCCI for hosting the 19th edition of PITEX and suggested that the chamber should expand PITEX outside Punjab.
He proposed that a similar event should also be held in New Delhi.
