UPDATE 1-TV says Tata signs Ford deal;Tata says talks ongoing

Newswire

(Recasts with TV reports, adds share price and background) MUMBAI, March 25 (Reuters) - India's Tata Motors Ltd has closed a deal to buy Ford Motor Co's Jaguar and Land Rover brands for $2.65 billion, news channel NDTV Profit said on Tuesday, citing unnamed sources. The Indian television channel said the deal would be announced around midnight Indian time (1830 GMT) in London. However, a Tata Group spokesman said discussions were still going on and the company had no guidance to give ...

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