The Royal Knights Motorcycle Club boasts 700 members, highlighting the continuing — and growing — popularity of the Enfield Bullet. Amirtharaj Stephen for The National
The Royal Knights Motorcycle Club boasts 700 members, highlighting the continuing — and growing — popularity of the Enfield Bullet. Amirtharaj Stephen for The National
The Royal Knights Motorcycle Club boasts 700 members, highlighting the continuing — and growing — popularity of the Enfield Bullet. Amirtharaj Stephen for The National
The Royal Knights Motorcycle Club boasts 700 members, highlighting the continuing — and growing — popularity of the Enfield Bullet. Amirtharaj Stephen for The National

Bangalore’s Bullet bikers at the forefront of India’s riding boom


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NEW DELHI // When Debraj Banerjee founded the Royal Knights Motorcycle Club eight years ago, it consisted of himself and a friend — two men who wanted to ride their motorbikes together on the roads surrounding Bangalore.

Now its membership of Royal Enfield owners exceeds 700 and even Mr Banerji is astonished by the growth of the club, which has extended its excursions as far as the Himalayas.

“Last year, we had a ride with 100 Royal Enfield Bullet motorcycles, going 300 kilometres — a group ride, just as they do with Harley-Davidsons in the US,” Mr Banerjee, 33, said. “Imagine that!”

India’s leisure motorcycling boom over the past five years has been built on the rise of a middle class but also on the Enfield, the country’s most iconic motorcycling brand.

Royal Enfield sold 175,000 motorbikes in 2013, up from 50,000 in 2010. In India, they range in price from US$1,500 (Dh5,510) to $2,500 (Dh9,183).

The expanding market has also lured foreign companies to Indian shores. When Harley-Davidson first came into the country five years ago, Anoop Prakash, the company’s managing director in India, spotted an aspirational middle class that had more money to spend on leisure activities.

“There was also a broadening sense that the infrastructure was improving, so that people could enjoy travel and adventure activities,” Mr Prakash said. Roads got better, transforming the average motorcycle ride from a spine-jangling experience to a smooth one.

Travel agencies, like Vintage Rides in New Delhi, have begun to specialise in motorcycle holidays while Mr Banerji, who runs his own software company, has been encouraged enough to start another business that sells biking gear and accessories.

Last year, the first India bike week, held in Goa, attracted 6,500 motorcycle enthusiasts to a festival that featured race tracks, food stalls, live music and stunt zones. This year, the same event held last week, drew more than 10,000 bikers.

“The culture is growing so fast,” said David Courbon, a French executive at Vintage Rides. “In a way, it’s a reverse of what’s happening in the West. In Europe and the United States, there used to be a real bike culture, but that’s fading, and people are buying two-wheelers only to go to work and come back. In India, it’s the exact opposite.”

Vintage Rides was established in 2006 by two Frenchmen, Alexander Zurcher and Alexander Le Beuan, who pitched their motorcycle-themed package tours to French tourists visiting India.

The company’s clients still come primarily from France. But Mr Courbon increasingly handles Indian customers who wish to explore not only their own country but even Europe and the United States.

His Indian clients always own leisure motorcycles of their own, Mr Courbon said, and in almost every case it is a Royal Enfield Bullet, India’s classic leisure motorcycle.

The mid-size category — to which the Bullet and Royal Enfield’s other motorcycles belong — is a good position to occupy, said Siddhartha Lal, the chief executive of Eicher Motors, which builds Enfields in India. “A motorcycle isn’t functional anymore,” he said, and the simpler, lighter commuter bikes do not provide the visceral thrill of biking.

On the other hand, heavier and more complicated motorcycles, Mr Lal said, “are extravagant and unmanageable. They have more poser value than true riding value. The guys are basically just putting them in their garage, coming out occasionally, wearing their fancy gear, and not even actually riding them that much”.

Royal Enfield’s sharp growth has been entirely in the mid-size category, and Mr Lal expects it to continue. The company predicts that it will manufacture and sell 250,000 motorcycles this year, growing that figure to an annual 500,000 in the near future.

Last year, the Royal Knights Motorcycle Club organised 20 trips, Mr Banerjee said. He credits social media for helping to generate interest in motorcycling.

“Motorcycling is essentially a group activity, but earlier there was no platform by which to meet other people who had the same passion,” he said. “Now there are these ways by which we can reach out and find each other.”

“And there are plenty of us out there,” he added. “After all, everybody looks for a little adventure in their lives.”

ssubramanian@thenational.ae

SPECS

Engine: Two-litre four-cylinder turbo
Power: 235hp
Torque: 350Nm
Transmission: Nine-speed automatic
Price: From Dh167,500 ($45,000)
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Bharatanatyam

A ancient classical dance from the southern Indian state of Tamil Nadu. Intricate footwork and expressions are used to denote spiritual stories and ideas.

How to apply for a drone permit
  • Individuals must register on UAE Drone app or website using their UAE Pass
  • Add all their personal details, including name, nationality, passport number, Emiratis ID, email and phone number
  • Upload the training certificate from a centre accredited by the GCAA
  • Submit their request
What are the regulations?
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  • Drones must weigh 5 kg or less
India Test squad

Virat Kohli (c), Mayank Agarwal, Rohit Sharma, Cheteshwar Pujara, Ajinkya Rahane, Hanuma Vihari, Rishabh Pant (wk), Wriddhiman Saha (wk), Ravichandran Ashwin, Ravindra Jadeja, Kuldeep Yadav, Mohammed Shami, Umesh Yadav, Ishant Sharma, Shubman Gill

Our legal columnist

Name: Yousef Al Bahar

Advocate at Al Bahar & Associate Advocates and Legal Consultants, established in 1994

Education: Mr Al Bahar was born in 1979 and graduated in 2008 from the Judicial Institute. He took after his father, who was one of the first Emirati lawyers

THE BIO

Ms Al Ameri likes the variety of her job, and the daily environmental challenges she is presented with.

Regular contact with wildlife is the most appealing part of her role at the Environment Agency Abu Dhabi.

She loves to explore new destinations and lives by her motto of being a voice in the world, and not an echo.

She is the youngest of three children, and has a brother and sister.

Her favourite book, Moby Dick by Herman Melville helped inspire her towards a career exploring  the natural world.

Company profile

Date started: Founded in May 2017 and operational since April 2018

Founders: co-founder and chief executive, Doaa Aref; Dr Rasha Rady, co-founder and chief operating officer.

Based: Cairo, Egypt

Sector: Health-tech

Size: 22 employees

Funding: Seed funding 

Investors: Flat6labs, 500 Falcons, three angel investors

The biog

Name: Abeer Al Bah

Born: 1972

Husband: Emirati lawyer Salem Bin Sahoo, since 1992

Children: Soud, born 1993, lawyer; Obaid, born 1994, deceased; four other boys and one girl, three months old

Education: BA in Elementary Education, worked for five years in a Dubai school

 

ICC Women's T20 World Cup Asia Qualifier 2025, Thailand

UAE fixtures
May 9, v Malaysia
May 10, v Qatar
May 13, v Malaysia
May 15, v Qatar
May 18 and 19, semi-finals
May 20, final

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LEAGUE CUP QUARTER-FINAL DRAW

Stoke City v Tottenham

Brentford v Newcastle United

Arsenal v Manchester City

Everton v Manchester United

All ties are to be played the week commencing December 21.

MATCH INFO

Mainz 0

RB Leipzig 5 (Werner 11', 48', 75', Poulsen 23', Sabitzer 36')

Man of the Match: Timo Werner (RB Leipzig)

MATCH INFO

Watford 2 (Sarr 50', Deeney 54' pen)

Manchester United 0

Labour dispute

The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.


- Abdullah Ishnaneh, Partner, BSA Law 

Asia Cup 2018 Qualifier

Sunday's results:

  • UAE beat Malaysia by eight wickets
  • Nepal beat Singapore by four wickets
  • Oman v Hong Kong, no result

Tuesday fixtures:

  • Malaysia v Singapore
  • UAE v Oman
  • Nepal v Hong Kong
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Seek professional advice from a legal expert

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COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3EDate%20started%3A%3C%2Fstrong%3E%202020%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Khaldoon%20Bushnaq%20and%20Tariq%20Seksek%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Abu%20Dhabi%20Global%20Market%3Cbr%3E%3Cstrong%3ESector%3A%3C%2Fstrong%3E%20HealthTech%3Cbr%3E%3Cstrong%3ENumber%20of%20staff%3A%3C%2Fstrong%3E%20100%3Cbr%3E%3Cstrong%3EFunding%20to%20date%3A%3C%2Fstrong%3E%20%2415%20million%3C%2Fp%3E%0A
Combating coronavirus
The Uefa Awards winners

Uefa Men's Player of the Year: Virgil van Dijk (Liverpool)

Uefa Women's Player of the Year: Lucy Bronze (Lyon)

Best players of the 2018/19 Uefa Champions League

Goalkeeper: Alisson (Liverpool)

Defender: Virgil van Dijk (Liverpool)

Midfielder: Frenkie de Jong (Ajax)

Forward: Lionel Messi (Barcelona)

Uefa President's Award: Eric Cantona

RESULT

Manchester City 5 Swansea City 0
Man City:
D Silva (12'), Sterling (16'), De Bruyne (54' ), B Silva (64' minutes), Jesus (88')

The biog

Favourite book: Men are from Mars Women are from Venus

Favourite travel destination: Ooty, a hill station in South India

Hobbies: Cooking. Biryani, pepper crab are her signature dishes

Favourite place in UAE: Marjan Island

Company%20profile
%3Cp%3EName%3A%20Tabby%3Cbr%3EFounded%3A%20August%202019%3B%20platform%20went%20live%20in%20February%202020%3Cbr%3EFounder%2FCEO%3A%20Hosam%20Arab%2C%20co-founder%3A%20Daniil%20Barkalov%3Cbr%3EBased%3A%20Dubai%2C%20UAE%3Cbr%3ESector%3A%20Payments%3Cbr%3ESize%3A%2040-50%20employees%3Cbr%3EStage%3A%20Series%20A%3Cbr%3EInvestors%3A%20Arbor%20Ventures%2C%20Mubadala%20Capital%2C%20Wamda%20Capital%2C%20STV%2C%20Raed%20Ventures%2C%20Global%20Founders%20Capital%2C%20JIMCO%2C%20Global%20Ventures%2C%20Venture%20Souq%2C%20Outliers%20VC%2C%20MSA%20Capital%2C%20HOF%20and%20AB%20Accelerator.%3Cbr%3E%3C%2Fp%3E%0A
COMPANY%20PROFILE
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RESULTS

Catchweight 82kg
Piotr Kuberski (POL) beat Ahmed Saeb (IRQ) by decision.

Women’s bantamweight
Corinne Laframboise (CAN) beat Cornelia Holm (SWE) by unanimous decision.

Welterweight
Omar Hussein (PAL) beat Vitalii Stoian (UKR) by unanimous decision.

Welterweight
Josh Togo (LEB) beat Ali Dyusenov (UZB) by unanimous decision.

Flyweight
Isaac Pimentel (BRA) beat Delfin Nawen (PHI) TKO round-3.

Catchweight 80kg​​​​​​​
Seb Eubank (GBR) beat Emad Hanbali (SYR) KO round 1.

Lightweight
Mohammad Yahya (UAE) beat Ramadan Noaman (EGY) TKO round 2.

Lightweight
Alan Omer (GER) beat Reydon Romero (PHI) submission 1.

Welterweight
Juho Valamaa (FIN) beat Ahmed Labban (LEB) by unanimous decision.

Featherweight
Elias Boudegzdame (ALG) beat Austin Arnett (USA) by unanimous decision.

Super heavyweight
Maciej Sosnowski (POL) beat Ibrahim El Sawi (EGY) by submission round 1.

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

Best Foreign Language Film nominees

Capernaum (Lebanon)

Cold War (Poland)

Never Look Away (Germany)

Roma (Mexico)

Shoplifters (Japan)

How to watch Ireland v Pakistan in UAE

When: The one-off Test starts on Friday, May 11
What time: Each day’s play is scheduled to start at 2pm UAE time.
TV: The match will be broadcast on OSN Sports Cricket HD. Subscribers to the channel can also stream the action live on OSN Play.