Tata Succession Backed by Market Seeking Debt Cuts

Tata Succession Backed by Market Seeking Debt Cuts

Adeel Halim/Bloomberg

A Tata Motors Ltd. Nano automobile is parked in front of a building in Mumbai, India. Tata introduced the Nano in 2009, the world’s cheapest car with prices starting from near $2,500, as an upgrade option for millions of Indian motorcycle owners.