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JLR cyberattack hit TaMo PV Q2 showing; FY26 outlook cut

Business Standard

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November 15, 2025

Tata Motors Passenger Vehicles (TMPV) on Friday reported a 13 per cent year-on-year (Y-0-Y) decline in consolidated revenue from operations for the second quarter of 2025-26 (Q2FY26), largely due to the cyberattack on its subsidiary Jaguar Land Rover (JLR) in late August that forced a shutdown of its manufacturing operations for over five weeks.

- ANJALI SINGH

This is TMPV’s first results announcement since its demerger from the commercial vehicles business earlier this month.

‘The inclusion of a notional profit of %82,616 crore from the ‘disposal of discontinued operations’ (demerger of commercial vehicles business), resulted in the consolidated net profit rising to 776,248 crore in the second quarter. Before this inclusion, the company incurred a loss of %6,368 crore in this quarter.

Business Standard'den DAHA FAZLA HİKAYE

Business Standard

RBI in ‘formidable position’ to fulfill public policy mandates: DG Murmu

The Reserve Bank of India (RBI) has an economic capital that’s 25 percent of its balance sheet and puts it in a “formidable position” to fulfil its public policy mandates while ensuring monetary and financial stability, said Deputy Governor Shirish Chandra Murmu on Friday.

time to read

2 mins

November 15, 2025

Business Standard

Business Standard

'Lilly's investment reflects long-term commitment to India'

With more than 100 million in India living with diabetes and obesity, Eli Lilly sees the country emerging as one of its most important global markets. In a video interview with Sohin Das, newly appointed Eli Lilly India President and General Manager Winselow Tucker outlines what is driving anti-obesity/anti-diabetes medicine Mounjaro’s early success, how Lilly is preparing for a wave of semaglutide generics, and why the company is committing over $1 billion to expand in India. Edited excerpts.

time to read

3 mins

November 15, 2025

Business Standard

Business Standard

Weight-based CAFE relief to hurt safer car push: Shailesh Chandra

Some automakers are seeking to create an “arbitrary” weight-based category of small cars to get relief under the upcoming norms on corporate average fuel efficiency (CAFE), but such a criterion will conflict with the auto industry's progress and the government's policies that incentivise the production of safer vehicles, said Shailesh Chandra, managing director and chief executive officer, Tata Motors Passenger Vehicles and Tata Passenger Electric Mobility, on Friday.

time to read

2 mins

November 15, 2025

Business Standard

US admin prepares tariff relief to ease food prices

Move comes after Democrats won key elections with a promise to bring down costs

time to read

2 mins

November 15, 2025

Business Standard

INDIA and a Congress-sized hole

There can be no challenge to the BJP across India without a Congress revival. The Modi party is growing — almost entirely at the cost of the Congress

time to read

5 mins

November 15, 2025

Business Standard

Business Standard

NDA scores a double century in blow to Mahagathbandhan

>BJP single-largest party in Bihar; big gain for Nitish’s JD(U) >Setback for Tejashwi-led RJD; Cong tally second-lowest ever

time to read

3 mins

November 15, 2025

Business Standard

GST rate cut lifted insurance growth: Irdai member

There is substantial growth and interest in life and retail health insurance post the goods and services tax (GST) rate changes, Deepak Sood, member (non-life), Insurance Regulatory and Development Authority of India (Irdai), said on Friday, adding that growth was likely to further pick up in the second half of the financial year (H2FY26).

time to read

1 min

November 15, 2025

Business Standard

Digital privacy law a reality after 14 years

DPDP rules notified; implementation planned in phases over 12-18 months

time to read

2 mins

November 15, 2025

Business Standard

Business Standard

10-point guide to Bihar results

The outcome marks the end of Lalu as a political force. While Nitish’s phase is a matter of time, the BJP has a hawk’s eye. If only they could find some serious local leadership

time to read

4 mins

November 15, 2025

Business Standard

Centre warms up to allowing wheat product exports

In a relief to flour millers, the Ministry of Consumer Affairs has urged the Directorate General of Foreign Trade (DGFT) to take appropriate action on a request from millers to open exports of wheat products with a quantitative restriction of 1 million tonnes (mt).

time to read

1 min

November 15, 2025

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