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Tata Motors top exec dies in Thailand; police suspect suicide

By Amy Sawitta Lefevre and Aradhana Aravindan BANGKOK/MUMBAI (Reuters) - Karl Slym, managing director of India's biggest automaker Tata Motors Ltd <TAMO.NS>, died after falling from a hotel room in Bangkok in what police said on Monday may have been suicide.

Tata Motors MD left 'suicide note': Thai police

A top executive of India's Tata Motors who plunged from the 22nd floor of an upscale Bangkok hotel left an apparent suicide note, Thai police said Monday. Tata Motors managing director Karl Slym, 51, died early Sunday at the Shangri-La Hotel in Bangkok where he was attending a board meeting, the company has confirmed. "Initially, we can only assume that he committed suicide", Police Lieutenant Somyot Boonnakaew told AFP. "The window was small and he had to try hard to get through it."

Tata Motors MD left 'suicide note': Thai police

A top executive of India's Tata Motors who plunged from the 22nd floor of an upscale Bangkok hotel left an apparent suicide note, Thai police said Monday. Tata Motors managing director Karl Slym, 51, died early Sunday at the Shangri-La Hotel in the Thai capital where he was attending a board meeting, the company has confirmed. "Initially, we can only assume that he committed suicide", Thai Police Lieutenant Somyot Boonnakaew told AFP. "The window was small and he had to try hard to get through it."

Tata Motors managing director dies on business trip to Thailand

NEW DELHI - Tata Motors says the Indian company's Managing Director Karl Slym has died while on a business trip to Bangkok, Thailand. The statement did not state the cause of death, but the Press Trust of India news agency on Sunday quoted a company spokesman as saying that the 51-year-old Slym seemed to have fallen from a high floor of a hotel in Bangkok. He was in Bangkok to attend a meeting of the board of directors of Tata Motors Thailand Ltd. Slym joined Tata Motors in October 2012.

Tata Motors managing director dies on business trip to Thailand

NEW DELHI - Tata Motors says the Indian company's Managing Director Karl Slym has died while on a business trip to Bangkok, Thailand. The statement did not state the cause of death, but the Press Trust of India news agency on Sunday quoted a company spokesman as saying that the 51-year-old Slym seemed to have fallen from a high floor of a hotel in Bangkok. He was in Bangkok to attend a meeting of the board of directors of Tata Motors Thailand Ltd. Slym joined Tata Motors in October 2012.

India's Tata launches new Nano with power steering

India's struggling Tata Nano, launched in 2009 as the world's cheapest car, unveiled a new, pricier variant of the jelly-bean shaped car on Monday featuring power-steering in a bid to boost flagging sales. The latest model, called Nano Twist, targets young people. It has power steering along with remote keyless entry, a four-speaker music system with bluetooth and a higher ground clearance for rough terrain. Ranjit Yadav, president, passenger vehicles business, Tata Motors, said the car was "loaded with trendy features" to make it a "smart city car to hang out with".

India's Ratan Tata sees brighter future for upmarket Nano

India's struggling Tata Nano, billed as the world's cheapest car, could still have a strong future with a more upmarket image, says Tata group tycoon Ratan Tata, as the company looks to give the hatchback a new start. Tata told US business channel CNBC late Friday he still had high hopes for the tiny Nano in its home market and abroad. "A re-launched Nano with some of the differences that we're trying to incorporate, yes I do" believe it has good prospects, Tata said.

India Tata Motors quarterly profit soars 71%

India's Tata Motors said Friday its quarterly net profit surged by a surprise 71 percent as a robust performance by its British luxury marque Jaguar Land Rover offset a dive in domestic sales. The country's top vehicle maker has become heavily reliant on revenues from JLR which it bought for $2.3 billion from Ford in 2008 at the height of the global financial crisis. But the purchase, seen by auto analysts at the time as a risky gamble for the Indian company, has paid off dramatically for Tata Motors.

Tata Motors posts first profit gain in a year on Jaguar Land Rover sales

By Aradhana Aravindan (Reuters) - Tata Motors Ltd <TAMO.NS>, India's biggest automaker by revenue, beat analyst estimates with its first quarterly profit gain in a year as buoyant sales at luxury unit Jaguar Land Rover Ltd <TAMOJL.UL> got a lift from new models.

Tata Motors quarterly profit up 71 per cent on Jaguar Land Rover success

MUMBAI, India - India's Tata Motors reported a 71 per cent jump in quarterly profit Friday due to a strong performance at its Jaguar Land Rover unit, even as the automaker's domestic business continued to suffer in a weak economy. The company had net profit of 35 billion rupees ($560 million) for the quarter that ended Sept. 30, beating expectations. The result was entirely due to Jaguar Land Rover, where profit climbed 66 per cent to 507 million pounds ($815 million). Tata said there was strong demand for JLR's new range rover and other models.
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