The News Review:
- DT promises to curb illegal auto menace soon
- SportingNews.com – Your expert source for NASCAR Auto Racing stats…
- Lumax Auto Technologies: Invest
- Autos to go off roads
DT promises to curb illegal auto menace soon
Expressindia.com – Dec 17, 2006
Both in terms of air pollution as well as traffic violation. With most autos here running on adulterated oil experts say the resultant fume will soon take pollution levels to nefarious heights.
SportingNews.com – Your expert source for NASCAR Auto Racing stats…
SportingNews.com – Dec 17, 2006
While other teams were racing Jeremy Mayfield was testing the Camry and he was shaking down the intermediate version this week at Kentucky Motor Speedway. Mayfield also has spent time at the Bill Davis Racing shop getting acquainted with his new team particularly crew chief Derrick Finley. Mayfield says Finley reminds him of Kenny Francis his chief when he made the Chase for the NASCAR Nextel Cup in its first two seasons. “We want to win really bad” Mayfield says “and we’re willing to do whatever we can to make it happen.
Lumax Auto Technologies: Invest
Hindu Business Line – Dec 17, 2006
JAIN Chairman and Director Lumax Auto Technologies Ltd. An investment can be considered in the initial public offering of Lumax Auto Technologies (LAT); it is being offered at Rs 75 per share. At this price the stock would trade at a multiple of 15-16 times its expected per-share earnings for FY-07 — not too demanding in our view — after factoring in the expansion in equity post the current offer. Company background The promoter group of LAT is also the one behind Lumax Industries (LI) the automobile lighting major. LAT’s principal customers are Bajaj Auto and LI which account for about 90 per cent of its revenues. LAT also has a 100 per cent subsidiary Lumax DK Auto Industries (LDK) which caters to requirements of certain components for Maruti apart from manufacturing corrugated boxes for LI.
Autos to go off roads
Hindu – Dec 17, 2006
The protest is against the G. 213 directing autorickshaw drivers to replace their existing mechanical meters with digital ones by January 1 and the decision to impose green tax on all transport vehicles including autorickshaws that are above seven years old.