Trade

Watchlist

Portfolio

Message

Set Alert

live

bse live

nse live

Volume Todays L/H More ×

Shares of Tata Motors were lower by over 2 percent in early trade on September 25, emerging as the top Nifty 50 and F&O loser after a report by the Financial Times said that subsidiary JLR may face a Euro 2 billion hit as it was not insured against a recent cyberattack that disrupted operations.

The Financial Times report indicated that the hit on JLR could be higher than its entire profit of the previous fiscal. News agency Reuters quoted The Insurer, which cited cyber insurance market sources that the JLR had failed to finalise a cyber insurance deal - brokered by Lockton - leaving it likely uninsured for the attack. JLR has not yet commented on the reports.

J

See Full Page