Business
Jaguar Land Rover to resume some manufacturing after cyber-attack

Theo Leggettbusiness correspondent and
Rachel Clunbusiness reporter

Jaguar Land Rover has said it will resume some production in the “coming days” after a cyber-attack forced the carmaker to suspend operations.
Work at its three UK facilities in the West Midlands and Merseyside were halted on 1 September after a cyber-attack the night before.
The BBC understands manufacturing will resume first at the engine facility in Wolverhampton on 6 October, and production at other plants will have a phased return.
A JLR spokesperson said: “Today we are informing colleagues, retailers and suppliers that some sections of our manufacturing operations will resume in the coming days.”
Industry sources said they expect it to still be several weeks before the production lines are running at full capacity.
In a note to JLR staff on Monday, the company said the “foundational work of our recovery programme is firmly underway”, and the phased restart was to ensure IT systems were brought back in a “safe and secure manner”.
Previously, the company had said it did not expect production to resume at its facilities until 1 October at the earliest.
The spokesperson said JLR was continuing work on its recovery following the shutdown.
“We continue to work around the clock alongside cybersecurity specialists, the UK government’s National Cyber Security Centre and law enforcement to ensure our restart is done in a safe and secure manner,” they said.
Phased restart
Companies in JLR’s supply chain, which has been under huge financial pressure as a result of the stoppage, have welcomed the news.
Many smaller companies in particular were thought to be at risk of bankruptcy.
About 30,000 people are directly employed at the company’s UK plants in Solihull, Wolverhampton and Halewood, and about 100,000 work for firms in the supply chain.
Some of these firms supply parts exclusively to JLR, while others sell components to other carmakers as well.
One supplier told the BBC the news that the restart was welcome and would provide some relief for businesses that rely on orders from JLR, but insisted that the losses already caused meant that financial assistance was still badly needed.
The supplier warned that vulnerable firms could not afford to take on more debt.
Over the weekend the government announced it would provide loan guarantees worth £1.5bn for JLR, with the stipulation that the supply chain would be supported.
Speaking at the Labour Party conference in Liverpool, Chancellor Rachel Reeves said the loan would “provide certainty” and “support for the jobs in its business and its supply chain”.
Sources within JLR itself have pointed out that the funding will be used to support suppliers with which it has a direct relationship, to ease cashflow and help pay for parts orders. It will be up to those businesses to pay their own suppliers.
The JLR spokesperson said the company thanked everyone connected to the manufacturer “for their continued patience, understanding and support.”
The spokesperson continued: “We know there is much more to do but the foundational work of our recovery is firmly underway, and we will continue to provide updates as we progress.”
JLR is one of several UK companies that have been hit in a spate of cyber-attacks this year.
Luxury department store Harrods was contacted by hackers this week after data related to 430,000 customer records was stolen in an IT breach.
That breach was separate to attempts to hack into separate Harrods systems earlier this year.
The group of Hackers that claimed responsibility for that attempt has also claimed responsibility for hacks on retailers M&S and Co-op, which have cost the companies hundreds of millions of pounds in lost sales.
Business
This Mutual Fund Turned Rs 1 Lakh Into Rs 11.48 Lakh In 12 Years | Details Inside

Last Updated:
The fund invests roughly 69% in mid-cap stocks, with the rest in small-cap, large-cap, and debt, focusing on IT, consumer durables, finance, retail, and healthcare

The fund requires a minimum investment of just Rs 100. (Representative/Shutterstock)
Investing in mutual funds has emerged as one of the most popular methods for stock market investments, offering substantial long-term wealth accumulation through the compounding effect. This effect, famously endorsed by renowned investor Warren Buffett, involves reinvesting initial returns to generate even higher returns over time.
Among the various mutual funds available, the Kotak Mid Cap Fund (Direct) stands out for its impressive performance since its launch on January 1, 2013.
Had an investor placed Rs 1 lakh in the Kotak Mid Cap Fund on its inception date, the investment would have grown to approximately Rs 11.48 lakh today, reflecting an annual return of around 21.13%.
Historical Returns Of This Fund
The fund’s historical returns over different periods further illustrate its robust performance: Rs 1 lakh increased to Rs 1.01 lakh in 1 year (1.84%), Rs 1 lakh increased to Rs 1.86 lakh in three years (23.16%), Rs 1 lakh increased to Rs 3.72 lakh in 5 years (30.06%), and Rs 1 lakh increased to Rs 6.04 lakh in 10 years (19.72%).
Fund Overview
Kotak Mid Cap Fund boasts assets under management (AUM) totalling approximately Rs 56,988 crore, with a minimal expense ratio of 0.37%. Its benchmark index is the Nifty Midcap 150 TRI. The fund requires a minimum investment of just Rs 100, making it accessible to a wide range of investors.
The fund allocates about 69% of its corpus to mid-cap stocks, with the remainder invested in small-cap, large-cap, and debt instruments. Significant sector allocations include IT, consumer durables, finance, retail, and healthcare.
Disclaimer:Disclaimer: The views and investment tips by experts in this News18.com report are their own and not those of the website or its management. Users are advised to check with certified experts before taking any investment decisions.
September 29, 2025, 16:56 IST
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Business
Post Office proposes to offer digital ID and pharmacy prescriptions in reforms

The Post Office is proposing that its stores are used for more services such as pharmacy prescription collection, digital ID and business advice, as part of efforts to safeguard its future on the high street.
The state-owned postal, banking and retail business has laid out a series of potential policy reforms to the Government to help grow its revenue streams.
However, it has also called on the Government to look at tailored tax relief for Post Offices.
The Government launched a green paper in July looking at how the organisation should be run.
In the original documents, the Government indicated it could scrap the Post Office’s 11,500-branch requirement as part of an ongoing review process.
In its submission to a consultation, which will close next week, the Post Office said it was important to “maintain nationwide coverage” and its 11,500-strong branch requirement.
Nevertheless, the company said in its reform proposal that it was seeking a “flexible policy framework” so that its network of branches can “evolve” as consumer demands change.
It is understood that this includes potential changes to the required make-up of its branch portfolio, amid the growth of Post Office-run banking hubs.
On Monday, the business also called for the Government to allow it to extend its enhanced banking and parcel services with new services, such as advice for small business.
It also called for the Government to “make post offices the trusted place for essential government services, like digital ID or pharmacy prescription collection”.
They suggested ministers “explore tailored business rates relief”, to potentially give the business discounts on its property tax payments to reflect their contribution to communities.
Meanwhile the Post Office is pushing forward with a major transformation plan.
The business said earlier this year that it is considering offloading 115 directly owned branches within its network, which could see them transferred to retail partners or postmasters, or potentially closed.
The overhaul comes as the Post Office looks to move on from the Horizon IT scandal in which hundreds of subpostmasters were wrongfully convicted.
Neil Brocklehurst, Post Office chief executive, said: “Post Office has been part of the everyday fabric of British life for almost 400 years. But we cannot afford to stand still.
“Digital technologies have transformed how we shop, transact and communicate.
“And like any modern retailer, we must evolve to meet customer demand and sell the products and services which will drive revenue for the postmasters and partners who operate our branch network.
“I look forward to working with our postmasters, partners, customers and government as we continue to transform this vital organisation, and I’m confident we will see a strong and vibrant Post Office network across the UK for decades to come.”
Business
GST 2.0 complaint portal: National Consumer Helpline gets almost 3,000 complaints; ministry ‘keeping watch on this’ – The Times of India

Since the implementation of GST 2.0, the National Consumer Helpline (NCH) has received nearly 3,000 complaints related to the tax cuts, Consumer Affairs Secretary Nidhi Khare said on Monday.“Everyday, we are receiving complaints. So far, we have received close to 3,000 consumer complaints. We are sending them to the CBIC (Central Board of Indirect Taxes and Customs) for further action,” Khare told reporters during an event.The ministry is closely monitoring cases where shoppers may be misled by discount schemes that fail to pass on the benefits of lower GST rates. Khare said artificial intelligence and chatbots are being used to better track complaints across different sectors, PTI reported.She added that the ministry is analysing the reports for misleading offers, deceptive advertisements, or unfair trade practices where consumers do not gain from the reduced GST.“If there are too many complaints from different sectors, then they will be qualified for a class action. We are keeping a watch on this. We will surely take notice of anything where consumers are getting cheated with misleading discounts,” Khare said, as quoted by PTI.The complaints follow concerns that some retailers may not be fully passing on the GST cuts to buyers, prompting the government to strengthen its monitoring systems.The reduced GST rates came into effect across India on September 22, after the 56th GST Council meeting on September 3 approved major reforms.
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