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Jun
2nd

INDIA: Kant steps down from Tata board

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Tata Motors vice chairman Ravi Kant has stepped down just days after the struggling automotive group posted a stand-alone loss after tax of INR8.2bn (US$138m) for the three months ended 31 March, compared with a loss of INR3.1bn (US$52m) in the same period a year earlier.
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