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Tata Motors (TTM) drops 10.1% after the Indian carmaker announces the resignation of CEO...

  • Friday, September 9, 2011, 2:37 PM ET
    Tata Motors (TTM) drops 10.1% after the Indian carmaker announces the resignation of CEO Carl-Peter Forster, just 18 months after he joined the company. Shares could also be getting hit by a report that Indian car sales fell 10% Y/Y in August, hurt by higher costs and rising interest rates.
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