Pac - The render seems slightly cut off too much, like you could have included more of it or scaled it. The slashes are a nice touch, and matches the color motif, but the blue lettering is strangely out of place. It wouldn't necessarily need to be red, but blue definitely wasn't the best. Still, all in all, a nice no-nonsense sig.
Naresh - Your name gets needlessly fuzzy as it moves right, but the background is simple but nice and I like the border...it adds to the sig without drawing attention away from it. The render is also nicely portioned out. Nothing particularly special, but you do a lot of things well in it.
Master Naresh edges out the win. Congrats. And good job to both.
-DM