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Jaguar Land Rover to restart production on Wednesday after cyber-attack

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Jaguar Land Rover to restart production on Wednesday after cyber-attack


Carmaker Jaguar Land Rover (JLR) has confirmed that output at some of its manufacturing sites will resume on Wednesday, as it continues to recover from a serious cyber-attack.

Its production lines have been at a standstill since the start of September, following the attack.

The phased return of staff will begin at some sites in the West Midlands and Merseyside.

JLR has also announced a programme to fast-track payments to its direct suppliers, some of which had laid off workers after their revenues dried up following the hack.

Initially the scheme will be confined to the most critical suppliers needed for restarting production, but it will be expanded at a later date.

JLR says the phased restart will begin at its Wolverhampton engine plant in Wolverhampton and its battery assembly centre in Hams Hall.

Employees who work in facilities which prepare pressed metal bodywork at the company’s sites in Castle Bromwich, Halewood and Solihull will also be brought back in – as will those who work in the Solihull car plant’s body shop and paint shop.

JLR says this move will be “closely followed” by the resumption of vehicle manufacturing in Nitra, Slovakia. The Range Rover and Range Rover Sport production lines in Solihull are expected to restart later in the week.

It is not yet clear when output will resume at JLR’s Halewood plant on Merseyside.

Experts have warned that it is still likely to be several weeks before the production lines are running as normal.

JLR has also outlined an accelerated-payment scheme to help its suppliers, many of whom have been struggling financially.

So-called Tier 1 suppliers, with which the company has a direct relationship, will be able to get paid for new orders shortly after they have been placed, rather than up to two months after delivery. JLR says this will enable them to get funding up to 120 days earlier than normal.

There is an expectation that these companies will then offer similar terms to their own suppliers, allowing funding to flow rapidly down the supply chain.

The scheme is being funded by JLR itself, using credit provided by a commercial bank. It is not linked to the £1.5bn loan guarantee recently offered to the carmaker by the government.

Industry insiders have warned that the resumption of production, while welcome, does not end the crisis being experienced by many smaller suppliers. Some are heavily reliant on JLR and have had little or no income for the past month and a half, while bills have still had to be paid.

Last week, one leading contractor told the BBC that the help offered by the government so far was inadequate.

David Roberts of Evtec Group said: “We asked the government directly, at ministerial level, to directly support the sector. They listened, but they did nothing. It’s almost like they’ve turned a deaf ear to the needs of advanced manufacturing.”

Another supplier, Genex UK, a small company which presses metal parts, told the BBC it had been forced to lay off 18 staff because of a cash shortage.



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Markets reforms: Govt to table Securities Markets Code Bill in Winter session; unified law to merge Sebi, Depositories & trading Acts – The Times of India

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Markets reforms: Govt to table Securities Markets Code Bill in Winter session; unified law to merge Sebi, Depositories & trading Acts – The Times of India


The government has listed the Securities Markets Code Bill 2025 for introduction in the Winter session of Parliament starting December 1, according to a Lok Sabha bulletin. The unified legislation is aimed at boosting ease of doing business and reducing regulatory friction across India’s financial markets. The Bill proposes merging key securities laws, including the Securities and Exchange Board of India Act, 1992, the Depositories Act, 1996, and the Securities Contracts (Regulation) Act, 1956, into a single code. The unified framework was first announced in the Union Budget 2021-22, when Finance Minister Nirmala Sitharaman proposed consolidating multiple laws governing securities markets — including the Government Securities Act, 2007 — into a rationalised code. Experts said the move could reduce compliance costs and minimise overlaps between rules enacted by Sebi, depositories and the central government. Bringing the Government Securities Act within a unified code could also strengthen credibility of sovereign borrowing and help channel more foreign capital, they noted.





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Index reshuffle: IndiGo parent to enter Sensex from Dec 22; Tata Motors Passenger Vehicles dropped – The Times of India

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Index reshuffle: IndiGo parent to enter Sensex from Dec 22; Tata Motors Passenger Vehicles dropped – The Times of India


InterGlobe Aviation, the operator of IndiGo, will be included in the BSE’s 30-stock benchmark index Sensex from December 22, the BSE Index Services said on Saturday.As part of the reconstitution exercise, Tata Motors Passenger Vehicles Ltd will be dropped from the index, the announcement added, PTI reported.The changes will take effect from market open on Monday, December 22, and have been made by BSE Index Services Pvt Ltd (formerly Asia Index Pvt Ltd).In the broader BSE 100 index, IDFC First Bank Ltd will be added, replacing Adani Green Energy Ltd. Within the BSE Sensex 50 index, Max Healthcare Institute Ltd will be included, while IndusInd Bank Ltd will be removed.Further, in the BSE Sensex Next 50 index, IndusInd Bank and IDFC First Bank will replace Max Healthcare Institute and Adani Green Energy.





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India’s New Four Labour Codes: From Gratuity After One Year To Free Annual Health Checkups; Who Will Receive Gratuity In Case Of Private Sector Employee’s Death?

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India’s New Four Labour Codes: From Gratuity After One Year To Free Annual Health Checkups; Who Will Receive Gratuity In Case Of Private Sector Employee’s Death?


New Labour Codes In India: The Government of India has introduced a major reform that will benefit lakhs of employees who frequently change jobs, including fixed-term employees, women, gig workers, MSME staff, and contract workers. Under the new Labour Codes, the minimum service required to receive gratuity has been reduced from five years to just one year. This means more workers will now be eligible for gratuity even if they don’t stay long in one organisation.

This major reform is part of the government’s plan to replace 29 old labour laws with four new Labour Codes. These include the Code on Wages, the Industrial Relations Code, the Social Security Code, and the Occupational Safety Code, replacing outdated regulations framed between the 1930s and 1950s. The goal is to make business processes smoother, improve worker welfare, update outdated rules, and create a more transparent and worker-friendly labour system.

Gratuity: What It Is And What Happens After Private Employee’s Death

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It is a one-time amount that employers give to employees as a thank-you for their service. Under the Payment of Gratuity Act, private sector employees can receive gratuity when they leave a job (due to resignation or termination), retire, or become disabled. In case of an employee’s death, the amount is paid to their nominee. Earlier, employees had to complete at least five years of continuous service with the same employer to be eligible, except in situations of death or disability. (Also Read: What Is EPS-95 Scheme? If Employee Becomes Permanently Disabled, Will He Get Pension? Check Benefits, Eligibility Criteria, And How It Is Calculated)

New Labour Codes: How New Gratuity Rule Strengthens Worker Security?

With this reform, employees will not be penalised for having short job tenures, giving young workers who often switch jobs better financial security. It also benefits contractual, fixed-term, and gig workers by making gratuity easier to receive and more predictable. By offering gratuity to more people, the government is encouraging formal employment and improving the safety net for all workers. Overall, this change makes India’s workforce more secure and brings labour benefits closer to global standards.

New Labour Codes: Benefits Including Free Annual Health Check-Ups

For the first time, all workers, whether permanent, contractual, or fixed-term, must receive appointment letters, which improves job security and helps reduce disputes. The new Labour Codes also make preventive healthcare mandatory, requiring employers to provide yearly health checkups for workers aged 40 and above, helping with early detection and lowering long-term health risks.

Under the Code on Wages, every worker across all sectors is now entitled to minimum wages, ensuring that no one falls below a basic income level. Adding further, women are allowed to work in all types of jobs, including night shifts, giving them greater employment opportunities and flexibility.



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