The ministry of labour and employment is considering making the four Labour Codes effective from April 1 to align their ...
While companies will continue to bear additional expenses related to the labour reforms in the coming quarters, the intensity ...
Tata Consultancy Services (TCS), Infosys and HCLTech — have reported significant one-time charges linked to the ...
Jefferies pointed out that the new labour codes will add to existing challenges for IT firms. These include slower revenue ...
The new labour framework mandates restructuring of wages to ensure basic pay and dearness allowance form at least half of ...
Sources said the ministry of labour and employment is considering making Labour Codes effective only from the next financial ...
CFO Aparna C. Iyer said Wipro's labour code expenses have been the least in the industry as the company was already in the ...
The new labour codes unify wages, industrial relations, social security, and workplace safety laws, making compliance simpler and protections broader for all ...
Major Indian IT companies, including Infosys, TCS, and HCLTech, reported significant financial impacts in Q3 due to India's ...
Indian engineering research and development (ER&D) firm Tata Elxsi reported a 45.3% drop in third-quarter profit on Tuesday, ...
Statutory impact of new labour codes, AI-led restructuring costs and a large legal provision weighed on TCS's Q3 FY26 ...
The IT majors see this as a one-time cost, which will have an impact of around 10-20 bps on operating margins annually.