UPDATE 2-Tata Motors hit by Jaguar Land Rover loss

Newswire

* Tata FY09 loss $520 million, first in eight years * Jaguar Land Rover unit 10-mth loss of 306 mln pounds * Warns of more job cuts, plant closures * Shares end 0.8 pct higher in Mumbai market (Updates with post-tax Jaguar Land Rover loss, quotes from news conference) By Narayanan Somasundaram MUMBAI, June 26 (Reuters) - Slumping demand drove Tata Motors into its first annual loss in eight years and India's top vehicle maker warned of more job cuts and plant shutdowns at the ...

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