DEALTALK-India's Tata, Mahindra may bid for Jaguar, Rover

Newswire

(For more Reuters columns on deals, click [DEALTALK]) By Rina Chandran MUMBAI, July 26 (Reuters) - India's Tata Motors Ltd., famous for developing a cheaper car for the masses, may be making a drive for the luxury end of the market with a possible offer for Ford Motor Co.'s Jaguar and Land Rover. Tata Motors , India's top vehicle maker, and local foe Mahindra & Mahindra Ltd. are expected to launch rival bids for the two famous brands, which are expected to fetch roughly $1.5 ...

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