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Gulf partners with India Bike Week 2023 and presents iconic Chai-Pakoda Rides

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Mumbai: Gulf Oil Lubricants India Ltd is delighted to announce its partnership with India Bike Week 2023 (IBW), a significant step in its ongoing commitment to India’s vibrant and ever-growing motorcycling community in India. As the presenter of IBW’s flagship intellectual property, the “Chai-Pakoda Rides,” Gulf further cements its dedication to enhancing the experiences of bikers and enthusiasts across the country.

The partnership with IBW is a natural fit for Gulf, as both brands share a passion for motorcycling and the thrill of the open road. Gulf is a leading provider of lubricants for motorcycles, and IBW is the largest motorcycle festival in India. Together, they aim to create an unforgettable experience for bikers across categories.

Gulf Oil Lubricants India Ltd. head of marketing Amit Gheji expressed his enthusiasm about this association, stating, “We are excited to partner with the India Bike Week, the country’s biggest motorcycling festival. This event is a testament to the vibrant spirit of India’s motorcycle culture, and we are proud to be a part of it. As our two-wheeler lubricant segment continues to grow, India Bike Week provides a fantastic opportunity to showcase our cutting-edge product solutions and engage directly with the motorcycling community and enthusiasts. This engagement plays a critical role in our mission to enhance the overall riding experience for motorcycle owners.”

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Seventy EMG CEO and founder Martin da Costa said, “We are delighted to partner with Gulf for the ten-year anniversary of IBW in Goa this year. Over the past decade, India Bike Week has been instrumental in the astonishing growth of motorcycling culture in the country. Tens of thousands of riders from across the country come together to celebrate all the essential joys of life – comradeship, fun, adventure, travel, independence, and meeting like-minded souls. In its tenth edition, we are positive that the IBW will be witnessing its most epic edition to date, with a huge line-up of events including Chai-Pakoda Rides, ride-outs, music festival, food trails, etc.”

The “Chai-Pakoda Rides” is a popular feature of IBW, and Gulf is excited to be the presenter of this experience. The rides offer bikers the opportunity to explore the scenic countryside of India while enjoying a traditional Indian chai and pakora break. Gulf will also provide support along the route, ensuring bikers have a safe and enjoyable experience.

India Bike Week, Asia’s premier motorcycling festival, brings together biking enthusiasts and adventure seekers. This iconic event showcases new bike launches, fosters connections among riders nationwide, and celebrates the joy of riding. The event will be held in Goa on 8 and 9 December 2023 this year. Against the backdrop of Goa’s pristine beaches, this two-day extravaganza is a must-attend for motorcycle enthusiasts and travellers. The event’s popularity is evident through its impressive turnout of over 20,000 bikers from across the country.

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Gulf has a longstanding commitment to the motorcycling community, with a range of high-quality lubricants that cater to the unique needs of motorcycle enthusiasts. Gearing up for India Bike Week 2023, Gulf is excited to embark on this incredible journey alongside passionate bikers and enthusiasts. 

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Maharashtra panel orders Lodha to refund Rs 5 crore to homebuyers

Consumer court flags unfair practices in long-running property dispute case

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MUMBAI: In a sharp rebuke to one of India’s biggest real estate players, the Maharashtra State Consumer Disputes Redressal Commission has directed Macrotech Developers to refund nearly Rs 5 crore to a senior citizen couple, Uttam and Anindita Chatterjee. The ruling, delivered on March 13, 2026, calls out the developer for “deficiency in service” and “unfair trade practices”, bringing closure to a dispute that has stretched over a decade.

The case traces back to 2015, when the couple booked a 3-BHK flat at World Towers in Lower Parel for Rs 12.22 crore, with possession promised within a year. What followed was a series of changes that complicated matters. After deciding to exit the project, they were persuaded to shift to a 4-BHK in another development priced at Rs 8 crore, with delivery scheduled for 2018. However, within months, the price was allegedly increased to Rs 10 crore. After demonetisation reshaped the market, similar flats were reportedly being offered at lower prices, but the couple were not given the benefit.

Despite paying over Rs 2.83 crore, the couple neither received possession nor clarity. Instead, in 2018, the developer unilaterally cancelled the booking, retained part of the amount as earnest money, and argued that the buyers were investors rather than consumers. The commission rejected this claim, observing that casual references to “investment” do not take away consumer rights when the purchase intent is residential.

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The bench also held that the developer could not penalise buyers for payment delays while failing to meet its own delivery commitments. It noted the lack of formal documentation for revised terms and termed the prolonged retention of funds without delivering a home as exploitative.

As part of its order, the commission directed the developer to refund Rs 2.83 crore paid by the couple, along with interest at 10 per cent per annum, amounting to around Rs 2.12 crore. In addition, Rs 1 lakh has been awarded for mental agony and Rs 50,000 towards litigation costs, taking the total payout to over Rs 5 crore. The developer has been asked to comply within two months.

For now, the ruling serves as a reminder that in real estate, shifting terms and delayed promises can carry a significant cost.

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