British luxury carmaker Jaguar Land Rover has extended its production halt until September 24, following a major cyber attack on August 30.
The company cited ongoing forensic investigations and a phased restart of operations as reasons for the extended pause.
The cyber attack compromised key systems, including SAP, SCADA controllers, robotics, and CRM tools, affecting plants globally.
JLR’s factories in Solihull, Halewood, and Wolverhampton—producing 1,000 cars a day—have been idle for over three weeks, potentially impacting Tata Motors’ quarterly results, as JLR contributes 70% of its revenue.
Suppliers and 33,000 staff have also been affected, with some warning production may not resume until November.
JLR has reportedly lost at least $50 million so far.
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Rupee dips 45 paise to close at all-time low of 88.75/USD
The rupee fell to an all-time low of ₹88.7550 per US dollar on Tuesday, down 45 paise from the previous close, amid US tariffs on Indian goods and a $100,000 H-1B visa fee hike.
Forex dealers say the RBI intervened near 88.50 to slow the fall.
Experts warn of continued pressure from FII outflows, quarter-end dollar demand, and US policy risks to IT exports.
Despite global dollar weakness, the rupee hit ₹88.8075 intraday, and analysts now expect the ₹89 level to be tested.
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Karnataka HC stays govt order capping movie ticket prices at ₹200
The Karnataka High Court has stayed the state government’s move to cap movie ticket prices at ₹200.
The order came in response to a petition by the Multiplex Association of India, with senior advocates arguing that the amendment was arbitrary, lacked legal basis, and violated the right to do business.
The petitioners said pricing is a private matter and the law doesn’t empower the state to fix rates.
The government defended the cap as being in public interest under its constitutional powers.
The court observed that the amendment overstepped legal provisions and granted an interim stay, which will remain until further notice.
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Maha govt announces assistance of ₹1,339 crore to rain affected farmers
The Maharashtra government has announced a ₹1,339 crore relief package for 19.22 lakh farmers whose crops were damaged by heavy rains between June and August 2025.
The aid covers losses across 15.45 lakh hectares, with assessments for ongoing rainfall in Marathwada still pending.
Relief Minister Makarand Jadhav-Patil said the assistance aims to ease farmers’ distress and help them resume agricultural activities.
Key allocations include ₹565 crore for farmers in the Amravati division, ₹722 crore for those in Hingoli, Beed, Latur, and Dharashiv, and smaller packages for affected farmers in Kolhapur, Vidarbha, and northern Maharashtra.
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Research &VO: Prethicshaa
Published on September 24, 2025
