Connect with us

Business

Jaguar Land Rover staff to stay at home after cyber attack

Published

on

Jaguar Land Rover staff to stay at home after cyber attack


Jaguar Land Rover (JLR) has instructed factory staff to stay at home until at least Tuesday as the company continues to grapple with the fallout from a cyber attack.

The attack at the weekend forced the company to take vital IT systems offline, which has affected car sales and production.

Production remains halted at car factories in Halewood on Merseyside and Solihull in the West Midlands, as well as at its engine manufacturing centre in Wolverhampton.

The situation remains under review and output could remain suspended for longer.

Car sales have also been heavily disrupted, although the BBC understands some transactions have been able to take place.

JLR, which is owned by India’s Tata Motors, shut down its systems on Sunday in order to limit potential damage from the cyber attack.

It is now working to restore them in a controlled manner, but this is understood to be a highly complex process. It is also introducing work-arounds for systems that remain offline.

The attack occurred at what is traditionally a popular time for consumers to take delivery of a new vehicle. The latest batch of new registration plates became available on 1 September.

The disruption extends well beyond JLR’s own production lines, with its network of parts suppliers also forced to restrict their operations. Some have complained of a lack of transparency from the company.

Some repair garages have also warned that existing Jaguar or Land Rover owners may face delays if their cars need new parts.

James Wallis of Nyewood Express, an independent garage in West Sussex that repairs and services Land Rovers, told the BBC’s Today programme that he “can’t look up what I need to repair cars”.

“Essentially the parts list is a giant database of items that relates to every single car,” he said. “And if I can’t find the parts, I can’t buy them. I can’t fix the car.”

He added: “If you need parts which come from just one source and you can’t find them, you can’t order them. The job stops. You cannot repair the car. The car sits idle, and the poor old customer has to wait.”

On Wednesday a hacker group which was also responsible for a highly damaging attack on Marks and Spencer earlier in the year said it had infiltrated JLR’s systems.

The group of young English-speaking hackers – who are thought to be teens calling themselves “Scattered Lapsus$ Hunters” – told the BBC how they allegedly accessed the car maker but have not revealed if they successfully stole private data from JLR or installed malicious software onto the company’s network.

The group posted two images, which showed apparent internal instructions for troubleshooting a car charging issue and internal computer logs.

A security expert said those screenshots suggested the group had access to information they should not have.

JLR says it is investigating the hack, but there is no evidence at this stage any customer data has been stolen.

In 2023, as part of an effort to “accelerate digital transformation across its business”, JLR signed a five-year, £800m deal with corporate stablemate Tata Consultancy Services to provide cybersecurity and a range of other IT services.

The halt in production is a fresh blow to the firm which recently revealed a slump in profits attributed to an increase in costs caused by US tariffs.



Source link

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Business

Stock Market Updates: Sensex Down 300 Points, Nifty Below 25,850; HUL, HDFC Bank Top Drags

Published

on

Stock Market Updates: Sensex Down 300 Points, Nifty Below 25,850; HUL, HDFC Bank Top Drags


Last Updated:

Stock Market Today: Indian stock markets started Friday’s session on a negative note

Sensex Today

Sensex Today

Sensex Today: Indian benchmark indices traded lower on Friday, weighed down by reports that the US is considering a fresh probe against China regarding their 2020 trade deal. Rising crude oil prices, driven by US sanctions on Russia, further dented market sentiment.

By 12 PM, the Sensex was at 84,354.58, down 201.82 points or 0.24%, while the Nifty stood at 25,823.90, down 67.5 points or 0.26%.

On the Sensex, Hindustan Unilever (HUL), Kotak Bank, Axis Bank, Titan, Power Grid, ITC, Adani Ports, NTPC, Tech Mahindra, Eternal, and Maruti Suzuki were the top losers, falling up to 3.5%. On the upside, ICICI Bank, Tata Steel, Bharat Electronics (BEL), M&M, Bharti Airtel, HDFC Bank, and SBI led the gains.

Broader markets were muted, with the Nifty Midcap 100 down 0.05% and the Nifty Smallcap 100 sliding 0.18%.

Sector-wise, the Nifty Metal index led the rally with 1% gains, followed by the Nifty Realty index, up 0.5%. The Nifty FMCG index lagged, declining 1.16%.

Global Cues

Across Asia, markets traded higher after the White House confirmed that US President Donald Trump and Chinese President Xi Jinping will hold discussions next week during Trump’s Asia visit. Japan’s Nikkei 225 advanced 1.1%, Hong Kong’s Hang Seng rose 0.95%, and South Korea’s KOSPI gained 1.29%.

Overnight, US markets closed higher, led by gains in technology stocks following upbeat corporate earnings. The S&P 500 climbed 0.6%, the Nasdaq Composite surged 0.9%, and the Dow Jones Industrial Average added 0.3%.

Aparna Deb

Aparna Deb

Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a…Read More

Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a… Read More

Follow News18 on Google. Join the fun, play QIK games on News18. Stay updated with all the latest business news, including market trendsstock updatestax, IPO, banking finance, real estate, savings and investments. To Get in-depth analysis, expert opinions, and real-time updates. Also Download the News18 App to stay updated.
News business markets Stock Market Updates: Sensex Down 300 Points, Nifty Below 25,850; HUL, HDFC Bank Top Drags
Disclaimer: Comments reflect users’ views, not News18’s. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.

Read More



Source link

Continue Reading

Business

Maruti Suzuki Jimny 5-Door Crosses Cumulative Exports Of 1 Lakh Units

Published

on

Maruti Suzuki Jimny 5-Door Crosses Cumulative Exports Of 1 Lakh Units


Maruti Suzuki Jimny 5-Door: Maruti Suzuki announced that the Jimny 5-door has achieved a landmark milestone, surpassing a cumulative export figure of 1 lakh units from India. The export journey for the Jimny 5-door began in 2023, shortly after its India debut. This SUV, manufactured exclusively in India, is being exported to over 100 countries, including Japan, Mexico and Australia.

Jimny 5-door’s entry in Japan in January 2025, under the name “Jimny Nomade”, sparked off an overwhelming response with orders crossing the 50,000 mark within days of introduction. 

Speaking on the milestone, Hisashi Takeuchi, Managing Director & CEO, Maruti Suzuki India Limited, said, “The Jimny has over half a century of heritage globally. Jimny 5-door crossing 1 lakh export mark is a proud achievement for Maruti Suzuki. We are deeply thankful to customers around the world for their trust in this acclaimed SUV. Jimny’s strong off-road DNA, reliable performance and uncompromising quality have earned admiration in over 100 countries.”

Add Zee News as a Preferred Source


He added, “The Jimny, along with 16 other models exported by Maruti Suzuki, stands as a shining example of ‘Make in India for the World’. The year-on-year rise in the Company’s exports reflects the love and confidence of customers in our products and highlights India’s rise as a hub for world-class automobile manufacturing.”

In the official statement, the company said, “This achievement reinforces Maruti Suzuki’s robust and sustained export growth trajectory. With over 2 lakh vehicles exported in H1 FY 2025-26, the Company grew by around 40% and recorded its highest-ever half-yearly export volume.”

“Maruti Suzuki commands over 46% share in India’s passenger vehicle exports. In FY 2024-25, the Company had exported over 3.3 lakh vehicles,” it further said. Maruti Suzuki has demonstrated significant growth in export volumes over the past five financial years, culminating in a record high of 332,585 units in 2024-25, up from 96,139 units in 2020-21.



Source link

Continue Reading

Business

Gold Price Today: Check 22K And 24K Rates In Delhi, Mumbai, Chennai & Other Cities

Published

on

Gold Price Today: Check 22K And 24K Rates In Delhi, Mumbai, Chennai & Other Cities


Last Updated:

Gold Price Today: Gold in Mumbai is Rs 1,25,070 per 10g for 24k, silver hits Rs 1,58,900 per kg.

Gold Price Today

Gold Price Today

Gold and Silver Rates Today, October 24: Gold prices on Friday fell slightly amid the correction phase post Diwali festival after the record rally. In Mumbai, the price of 24-carat gold stood at Rs 1,25,070 per 10 grams, while 22k gold was available at Rs 1,14,640 per 10 grams. Silver also saw a marginal fall to trade at Rs 1,58,900 per kg.

On the MCX, gold futures expiring on December 05, 2025, was trading lower by 0.34% to trade at Rs 1,23,683 per 10 grams around 9:23 AM, whereas silver futures expiring on December 05, 2025, fell 0.83% to Rs 1,47,278 per kg.

What Is The Price Of 22kt, 24kt Gold Rates Today In India Across Key Cities On October 24?

City 22K Gold (per 10gm) 24K Gold (per 10gm)
Delhi Rs 1,14,790 Rs 1,25,220
Jaipur Rs 1,14,790 Rs 1,25,220
Ahmedabad Rs 1,14,690 Rs 1,25,120
Pune Rs 1,14,690 Rs 1,22,070
Mumbai Rs 1,14,640 Rs 1,25,070
Hyderabad Rs 1,14,640 Rs 1,25,070
Chennai Rs 1,14,640 Rs 1,25,070
Bengaluru Rs 1,14,640 Rs 1,25,070
Kolkata Rs 1,14,640 Rs 1,25,070

International Gold Prices Today

In the international market, US spot gold gained almost 1,65% after the crash to trade at $4,117 per ounce as of 9:20 IST.

Silver also gained 1.09% to trade at USD 48.62 per ounce.

What Factors Affect Gold Prices In India?

International market rates, import duties, taxes, and fluctuations in exchange rates primarily influence gold prices in India. Together, these factors determine the daily gold rates across the country.

In India, gold is deeply cultural and financial. It is a preferred investment option and is key to celebrations, particularly weddings and festivals.

With constantly changing market conditions, investors and traders monitor fluctuations closely. Staying updated is crucial for effectively navigating dynamic trends.

Varun Yadav

Varun Yadav

Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst…Read More

Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst… Read More

Follow News18 on Google. Join the fun, play QIK games on News18. Stay updated with all the latest business news, including market trendsstock updatestax, IPO, banking finance, real estate, savings and investments. To Get in-depth analysis, expert opinions, and real-time updates. Also Download the News18 App to stay updated.
Disclaimer: Comments reflect users’ views, not News18’s. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.

Read More



Source link

Continue Reading

Trending