Auto major Tata Motors today announced cut in prices by up to Rs 1.5 lakh across its product portfolio following excise duty reduction announced in the interim Budget. The price reduction across passenger vehicles is in the range of Rs 6,300 to Rs 69,000, depending on the model, while the cut in commercial vehicles portfolio is in the range of Rs 15,000 to Rs 150,000, Tata Motors said in a statement. "The price reduction is in the light of excise duty cut on vehicles and the company is passing...