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Tata Motors Shares Dip 3% As €2 Billion Loss From JLR Cyberattack May Exceed FY25 Profit

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Tata Motors Shares Dip 3% As €2 Billion Loss From JLR Cyberattack May Exceed FY25 Profit


New Delhi: Shares of Tata Motors fell around 2.99 per cent in early trading on Thursday following reports that Jaguar Land Rover (JLR), its British subsidiary, could incur a potential uninsured loss of approximately €2 billion due to a cyberattack that disrupted production. The impact could surpass JLR’s total profit from the last fiscal year, said a report from The Financial Times.

JLR had not finalised a cyber insurance policy brokered by Lockton, potentially leaving the automaker uninsured for the attack, according to multiple media reports. The cyberattack, which occurred on September 2, has forced the company to repeatedly push back its production schedule. JLR announced it will extend factory closures until October 1 while addressing global IT issues and preparing for a phased restart of operations.

“We are working at pace to resolve global IT issues impacting our business. We will provide an update as appropriate in due course,” Tata Motors said in a statement earlier this month. The company’s three UK plants in Solihull, Halewood, and Wolverhampton used to produce approximately 1,000 cars daily, with reports estimating losses of around £50 million per week due to the plants being shut down.

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JLR is carrying out a forensic investigation into the cyberattack and has said that operations will restart gradually in a controlled manner.

During FY25, Jaguar Land Rover contributed 72 per cent to Tata Motors’ total automotive revenue, higher than its contribution in FY24, indicating stronger growth at JLR compared to Tata’s domestic vehicle segment.

Meanwhile, in India, Tata Motors recorded approximately 10,000 car deliveries and over 25,000 enquiries on the first day of Navaratri, marking a strong start to the festive season. Over the past year, Tata Motors shares dipped Rs 300.90, a decline of 31.23 per cent.



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Are You Applying To A Job That Doesn’t Even Exist? 1 In 4 Listings Could Be Fake In 2025

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Are You Applying To A Job That Doesn’t Even Exist? 1 In 4 Listings Could Be Fake In 2025


New Delhi: India’s job market is facing a growing credibility crisis with a sharp rise in ghost job postings — fake or inactive listings shared by companies with no real intent to hire. A recent report by The Economic Times (ET) reveals that such misleading advertisements have increased by nearly 25 percent year-on-year, frustrating millions of job seekers.

These postings are commonly found on LinkedIn, Naukri, Indeed, and even official company portals. While they appear to signal active hiring, many exist purely for employer branding, resume collection, or market analysis. Firms often use ghost listings to gauge salary trends, talent availability, or simply to project an image of business expansion despite frozen hiring budgets.

Responding to concerns over fake listings, LinkedIn said it remains committed to protecting users from fraudulent job activity.

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“We’re focused on helping recruiters find quality candidates quickly and jobseekers find their next role on LinkedIn. We use advanced technology and expert teams to proactively remove more than 99 percent of fake accounts and scams before they’re ever reported. Our policies are clear that every job a recruiter posts on LinkedIn should be authentic and accurately represented, and all listings on LinkedIn are automatically closed after 6 months,” the company said in a statement.

Despite such safeguards, ET’s report suggests that one in five online job ads could still be inactive or misleading, particularly in IT, retail, construction, and manufacturing sectors. Only about 20 percent of these listings ever result in an actual interview or offer.

Experts advise candidates to verify listings on official company websites, check posting dates, and connect with employees or HR representatives before applying. Ghost job postings, though convenient for short-term corporate branding, erode long-term trust. Strengthening transparency and authenticity in hiring will be crucial to restoring faith in India’s digital job market.

 



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‘Relieved from services’: Britannia CEO Varun Berry steps down; Rakshit Hargave to take over from December 15 – The Times of India

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‘Relieved from services’: Britannia CEO Varun Berry steps down; Rakshit Hargave to take over from December 15 – The Times of India


NEW DELHI: Britannia Industries Ltd announced on Monday that Varun Berry has resigned from his positions as executive vice-chairman, managing director and chief executive officer after leading the company through ten years of expansion and growth.Berry submitted his resignation on November 6, 2025, which the company’s board acknowledged and accepted during their meeting on November 10, agreeing to waive the notice period requirement.The company’s regulatory filing, cited by Economic Times stated, “Accordingly, he shall be relieved from the services of the company with effect from the close of business hours on November 10, 2025.”With his departure, Berry will no longer participate in board committees, including Stakeholders Relationship, CSR, Risk Management, Finance, Strategy and Innovation Steering, and IT Committees.The announcement signifies the exit of a prominent figure in India’s consumer goods sector. Since becoming managing director in 2014, Berry led the company’s transformation from a biscuit manufacturer of Good Day, Marie Gold and NutriChoice into a diverse food enterprise, venturing into dairy and snacking segments.Following recommendations from the Nomination and Remuneration Committee, Britannia has selected Rakshit Hargave as the new CEO and MD for five years, starting December 15, 2025. Natarajan Venkataraman, executive director and chief financial officer, will serve as interim CEO until Hargave takes charge.ET previously reported Hargave’s resignation as Chief Executive Officer of Birla Opus on November 1, indicating his imminent move to Britannia Industries in a senior position.According to ET sources familiar with the matter, Hargave was expected to report to Varun Berry and assume the CEO position, replacing Rajneet Singh Kohli, who departed from Britannia in March this year.After Kohli’s departure, Berry had been performing CEO duties alongside his roles as chairman and managing director. ET also noted that Birla Opus, a Grasim Industries subsidiary, informed stock exchanges about Hargave’s planned departure on December 5. Hargave’s resignation letter mentioned his intention to “pursue career opportunities outside the company.” His tenure at Birla Opus began in November 2021.





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Tata Sierra 2025: Check Expected Price, Key Features And Stylish Design

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Tata Sierra 2025: Check Expected Price, Key Features And Stylish Design


Tata Sierra 2025: Tata Motors is all set to reintroduce its iconic SUV, the Tata Sierra, in 2025. The upcoming model brings back the beloved design of the original Sierra while adding a host of modern features, advanced technology, and multiple powertrain options, including electric. According to rumours, the SUV is expected to be priced between Rs 12 lakh to 25 lakh (ex-showroom).

Classic Design With a Modern Touch

The Tata Sierra 2025 comes with the classic boxy silhouette that made the original model a fan favourite. One of its most distinctive features, the “infinite window” design, also makes a comeback, preserving the SUV’s signature look. Tata has enhanced this retro design with modern styling elements such as LED light bars, flush door handles, and blackened C and D pillars, which give the Sierra a sleek appearance.

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The blend of old-school charm and new-age detailing has generated strong excitement among SUV enthusiasts. With this launch, Tata aims to recreate the original Sierra while appealing to modern buyers seeking style and innovation.

Advanced and Tech-Focused Interior

The Tata Sierra 2025 features a high-tech triple-screen dashboard setup, consisting of a digital driver display, a central infotainment screen, and an additional screen for the co-driver. This setup offers easy access to key driving and entertainment functions.

The cabin will also feature Level 2 ADAS (Advanced Driver Assistance System), offering safety technologies such as a 360-degree camera, lane-keep assist, and dual-zone climate control. These features are designed to improve safety and convenience. 

(Also Read: Oppo Reno 15 Series Set To Launch In China On Nov 17: Expected Models, Specs, Features)

Focus on Comfort and Luxury

Tata Motors is giving special attention to comfort in the Sierra 2025. The SUV will include features like a panoramic sunroof, ventilated seats, and connected car technology, enhancing both comfort and convenience. With these additions, the Sierra aims to deliver a premium driving experience comparable to higher-end SUVs in its segment.

The Sierra will also come equipped with seven airbags, a 360-degree camera, and additional driver-assistance features, ensuring maximum safety for passengers. 

Multiple Engine Options

The upcoming Sierra will be available with petrol, diesel, and fully electric variants, offering buyers flexibility based on their preferences and driving needs. 

Competition and Market Position

Once launched, the Tata Sierra 2025 will compete with SUVs such as the Hyundai Creta and Kia Seltos. While pricing is expected to be similar to these rivals, the Sierra’s latest design, advanced tech features, and the availability of an electric option are expected to set it apart in the crowded SUV market.



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