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Tata Motors falls over 4.5 pct after managing director's death

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Reuters MUMBAI

MUMBAI (Reuters) - Shares in Tata Motors fell over 4.5 percent on Monday after the automaker's managing director, Karl Slym, died on Sunday when he fell from a high floor of a hotel in Bangkok.

A native of Britain, Slym was hired in 2012 to revive flagging sales and market share in the domestic business of India's biggest automaker, which is part of the Tata conglomerate.

(Reporting by Rafael Nam; Editing by Subhranshu Sahu)

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First Published: Jan 27 2014 | 10:23 AM IST

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