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Possible delay in Tata's purchase of Jaguar and Land Rover

March 5, 2008 by financeminister

There is expected to be a delay of over 10 days in Tata Motors' purchase of the luxury Jaguar and Land Rover marques. The reasons are yet to be known.

The memorandum of sales will now take place in the week beginning March 17, after the Geneva Motor Show is over. Tata Motor's 1 lakh car nano is a huge crowd puller at the Geneva motor show.

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