(AFX UK Focus) 2008-11-12 05:03 Tata firms told acquisition plans on hold - paper (Interactive Investor)

MUMBAI, Nov 12 (Reuters) - India's Tata Group, buyer of steel firm Corus in 2007 and car brands Jaguar and Land Rover in 2008, has put acquisition plans on hold unless strategically critical, the Hindustan Times said citing an e-mail from Chairman Ratan Tata. The paper said in a Nov. 6 email to the heads of group companies, which range from salt to software, Tata has directed all pending loan ...