COMPANIES

• Leading Edge in strategic alliance with EmpowerTel
• Jindal Steel attempts to be debt free in two years
• Hindustan Motors extends MoU with Proton, Lancer price to increase
• Lucent Indian operations achieve a significant milestone
• Hyundai Motors and Saatchi part ways
• Renault, Nissan to join net-based auto procurement exchange

GENERAL

• Crisil study predicts expansion of auto ancillary market