Author Archives: Loknath Das

Volkswagen India strengthens its used car business: Introduces Das WeltAuto 3.0

Volkswagen India, the Indian arm of the German brand has announced that it plans to emphasise its focus on the used car business in India. Through the Das WeltAuto 3.0 (DWA) programme, Volkswagen India aims to provide a more transparent, professional and organised outlet for people who are looking to buy a used or pre-owned vehicle or sell their existing ... Read More »

VW launches Das WeltAuto used car business in India

Volkswagen has launched its pre-owned car business ‘Das WeltAuto’ (DWA) in India, the company announced. The DWA facilities offer buying and selling of multi-brand pre-owned cars. The company also said that DWA isn’t restricted to customers looking to exchange their existing cars for a new Volkswagen. The cars will be thoroughly checked and certified along with offering accessories, service and ... Read More »

Man of the future

In a 1998 appearance on Movers and Shakers, Shekhar Suman’s popular talk show, Bejan Daruwalla was asked if he could see the future of the country. The then 67-year-old astrologer nodded vigorously, saying, “The future of India is bright. From 2001, India will be on its path to greatness… Mera nahin, aapka nahin, par apna Bharat desh mahaan (Not mine, ... Read More »

[email protected] is solving problems of the future today. Here’s how this can make our life easy

It’s difficult to think about the future during these testing times but the Indian School of Business (ISB) in Hyderabad is determined to do it. They want to start thinking about India’s post-COVID economic situation right away. Hence, students and professors of ISB have joined hands to start [email protected], their initiative to help authorities make informed decisions during the crisis which will also help ... Read More »

Used-car dealer accused of gouging in $45 million of masks

A used-car dealer accused of trying to get New York City to pay a 400% markup on millions of respirator masks he didn’t actually have has become the latest target of a federal crackdown on pandemic profiteering. Ronald Romano, 58, of Manalapan, New Jersey, tried to charge city officials more than $45 million for the masks, falsely claiming he was ... Read More »

Exclusive | Kishore Biyani’s Future Lifestyle Fashions looks to raise Rs 200-225 crore via rights or preference issue

Retail tycoon Kishore Biyani’s flagship fashion business Future Lifestyle Fashions, which backs brands like Lee Cooper, John Miller and Indigo Nation, is evaluating options to raise funds and push for flexible debt repayment to revive its operations, people familiar with the matter told Moneycontrol. These discussions are gathering pace as Future Group battles high promoter level debt, sharp fall in ... Read More »

No full strength physical hearings in near future: Bombay HC

The Bombay High Court on Monday said it will not conduct full strength in-court hearings in near future in view of Covid-19 outbreak and lockdown restrictions. Chief Justice Dipankar Datta held a meeting on Monday to review the situation in view of the extended lockdown, along with three senior most judges forming the administrative committee of the HC, Advocate General ... Read More »

Nissan introduces new car finance schemes

Nissan has announced that it has tied up with financial institutions to introduce new finance schemes on its car line-up. The carmaker says that customers can avail of benefits such as paperless loan payment and ‘buy now pay from January 2021’ EMI facility on select models. The company is also offering ‘job loss protection’ on EMIs, covering concerns such as ... Read More »

Lenders build provision buffers to counter future asset slippages

MUMBAI : Private sector lenders are using the covid-19 pandemic to build a war chest of provisions that would come handy in cushioning against future asset slippages. Axis Bank has pegged its covid-19 provisions at ₹3,000 crore, while ICICI Bank said it has set aside ₹2,725 crore in the March quarter and HDFC Bank has made additional provisions of ₹1,550 ... Read More »

Count on these easy home hacks to clean your gold jewellery

When was the last time you took out time from your schedule and cleaned your jewellery? Gold jewellery, though lasts long, tends to lose its shine due to wear and tear. Which is why it is important to clean it at regular intervals. Since getting it polished at a jewellery store may not be possible immediately under the current circumstances, ... Read More »