Man owns Rolls Royce, says 'Please let me drive it'

February 11, 2017

New Delhi, Feb 11: A Delhi resident has approached the National Green Tribunal to be allowed to drive his 20-year-old Rolls Royce car.

rollroyceCars older than 15 years are banned on the city's streets, among the world's most polluted, in efforts to improve air quality. The owner, who claimed to have been driving the vehicle on the roads only on exceptional occasions, has submitted that his classic model has run only 35,000 km since its registration in 1996 and it is a healthy condition and in no way harmful to the environment.

Taking note of the facts of the case, a bench headed by NGT Chairperson Swatanter Kumar sought a response of the government authorities on his plea to examine whether he can claim renewal of the registration of his Rolls Royce. The plea filed by Delhi resident Ashok Kumar Jain will come up for hearing on February 22.

The car owner said he purchased the Rolls Royce petrol-based car in 1995 and it was imported in 1996 after making a payment of 112,350 pounds, which was equivalent to Rs. 1 crore as on that date, along with customs duty.

He said the vehicle is insured and had requisite pollution test certificate and due to the tribunal's order, he would not be able to get his vehicle's registration renewed. He sought permission to use the vehicle after complying with necessary fitness certificate and pollution tests.

The petition said the tribunal while restricting the right of owners of petrol vehicles older than 15 years to ply on the roads of Delhi and NCR or from getting fresh registration in these areas, "did not consider the scenario of such classic models of luxury cars which have not lost their value despite the time period and would be worth upgrading to permissible fitness requirements under the Motor Vehicles Act for plying on the road".

It said such cars have gained a distinct sense of value due to their rare make and availability of the models in the market and Jain's vehicle is a classic model which could be recognised as a vintage model in course of time.

"...Applicant is even ready and willing to upgrade the car and make it compliant with the norms on emissions as required for plying the same in New Delhi.

"He has sought to upgrade his car if required to ensure that the car meets the emission standards as is required in India," it said, adding that he has approached manufacturers of the car in the United Kingdom who have agreed.

The tribunal had on November 26, 2014 banned plying of all diesel and petrol vehicles which were over 10-years-old and 15-year-old respectively on Delhi roads to tackle increasing air pollution.

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Agencies
March 3,2020

Facebook on Monday launched a new consumer marketing campaign in India titled 'More Together'. India is the first country in the Asia Pacific region where such a campaign is being rolled out.

It is also the first time that Facebook is rolling out a 'high decibel campaign of this stature in India', the company said in a statement.

It is also the first time that Facebook is rolling out a 'high decibel campaign of this stature in India', the company said in a statement.

"India is at the heart of Facebook and one of our focus areas this year is to tell the exciting story of a service that is deeply embedded in the fabric of India," said Ajit Mohan, Vice President and Managing Director, Facebook India.

The campaign would have multiple campaigns over the next few weeks in eight languages and the one will be set in the context of Holi.

Facebook in 2019 introduced a new company logo to further distinguish the company from the Facebook app.

The company recently announced the appointment of Avinash Pant as the Marketing Director for India operations, to drive the consumer marketing efforts across the family of apps.

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Agencies
July 6,2020

The Covid-19 pandemic has made an unprecedented impact on the Indian businesses, particularly small and medium enterprises (SMEs) and startups. According to a joint survey by FICCI and Indian Angel Network (IAN), the pandemic has hit the businesses of around 70% startups.

With uncertainty in the business environment and an unexpected shift in priorities of the government as well as corporates, many startups are struggling to survive, it says.

In a nationwide survey on the 'Impact of Covid-19 on Indian Startups' involving 250 startups, 70% participants said their businesses had been impacted by Covid-19 and around 12% had shut operations.

The survey shows only 22% startups have cash reserves to meet the fixed cost expenses over the next 3-6 months, and 68% are reducing operational and administrative expenses.

Around 30% of the companies said they would retrench employees if the lockdown was extended too long. The 43% startups have already started 20-40% salary cuts over April-June.

Over 33% startups said investors had put the investment decision on hold and 10% said the deals had been scrapped. Only 8% startups had received funds as per the deals signed before Covid-19 outbreak, the survey revealed.

The reduced funding has forced startups to put a hold on business development and manufacturing activities, which has resulted in loss of projected orders.

The survey highlights the need of an urgent relief package for startups, including possible purchase orders from the government, tax relief and swifter tax refunds, and immediate fiscal support measures, including grants, soft loans and payroll grants.

Besides 250 startups, 61 incubators and investors also participated in the survey.

While 96% of investors accepted that their investments in startups had been impacted by Covid-19, 92% said their investments in startups would continue to be low over the next six months.

Around 59% investors said they would prefer to work with the existing portfolio firms in the coming months. Only 41% said they would consider new deals.

"A comparison of priority investment sectors before and during Covid-19 shows 35% investors are now looking at investments in healthcare startups, followed by EdTech, AI/Deep Tech, FinTech and Agri," said the survey.

Around 44% incubators surveyed said their day-to-day operations had been considerably hit by Covid-19. Most incubators are now supporting their portfolio firms by providing them virtual platforms to interact with mentors, investors and industries.

Dilip Chenoy, FICCI Secretary General, said, "The startup sector is stressed for survival at the moment. The investment sentiment is also subdued and is expected to remain so in the coming months. Lack of working capital and cash flows may lead to major layoffs over the next 3-6 months."

Indian startups needed an enabling ecosystem and flow of funds to continue operations, the survey said.

Padmaja Ruparel, President, Indian Angel Network & Co-Chair of FICCI Startup Committee, said, "In these uncertain times, as investors, we must play an important role to provide the Indian startups funding, mentoring and hand-holding support to stay afloat and come out at the other end of this crisis."

To that end, IAN recently announced a debt fund to help IAN portfolio companies raise working capital and ensure business continuity by partnering with debt providers.

This must be replicated on a wider scale, so a larger number of startups are provided the capital support to make it during these tough times, Ruparel said.

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Agencies
April 4,2020

Kozhikode, Apr 4: In a bid to maintain the lockdown amid COVID-19 outbreak, Police in Kozhikode is monitoring the situation using drone cameras and making sure that people are not breaking the law.

The police have so far arrested 41 persons who were out on a morning walk on Saturday during the lockdown in the backdrop of coronavirus outbreak.

The SHO of Town South Police Station informed that the accused were later released on bail.
At least 295 cases have been reported in the state so far.

Talking about COVID-19 testing, State Health Minister KK Shailaja told media: "Nine labs are conducting polymerase chain reaction (PCR) tests in Kerala. We've received 2000 rapid test kits and will start rapid tests from tomorrow. If a person tests positive in rapid test, we need to confirm it with PCR test."

The total number of COVID-19 positive cases in India climbed to 3072 on Saturday, according to Ministry of Health and Family Welfare.

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