Each of the six friends – Aabhas, Barun, Charu, Deepak, Farooq and Govinda – holds a different designation from among MD, Actor, B.M., Footballer, Consultant, Doctor – with no two of them holding the same designation. Each of them lives in a different city from among Faridabad, Chennai, Delhi, Gurgaon, Kolkata and Bombay and owns a different car from among Corolla, Mercedes, Santro, Swift, Dicor and BMW. Each of the six cars is of a different colour out of Blue, White, Black, Yellow, Green and Red. It isalso known that:

I.       Aabhas stays in Faridabad and owns a Swift. The actor owns the Mercedes and stays in Delhi.

II.      For exactly one of them, the initial letter of his name, his designation, his city, his car and the colour of the car is the same.

III.     For exactly one of them, the initial letter for all the four parameters is different from the initial letter of his name.

IV.     Except for the above two friends, mentioned in statements II and III, for every other friend exactly one out of designation, city, car, colour of the car starts with the sameinitial letters as their names.

V.      The person having the black Corolla stays in Gurgaon.

VI.     Dicor is Yellow in color, and Santro is owned by the Doctor and is not Green in colour.

VII.    Deepak does not own Santro

Which of the following is true about Barun?