India's LTIMindtree reported an 8.3% fall in third-quarter profit on Monday, hit by a one-off impact from newly enacted ...

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 ...

Private sector banks and insurers report higher employee costs in Q3FY26 after accounting for statutory impact of New Labour ...

The new labour framework mandates restructuring of wages to ensure basic pay and dearness allowance form at least half of ...

Under the revised framework, wages include basic pay, dearness allowance and retaining allowance. If these components ...

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 ...

Statutory impact of new labour codes, AI-led restructuring costs and a large legal provision weighed on TCS's Q3 FY26 ...

Net profit for the quarter stood at ₹959.6 crore, compared with ₹1,086.7 crore in the same period last year. On a ...

The IT majors see this as a one-time cost, which will have an impact of around 10-20 bps on operating margins annually.

The first impact of the labour codes will be felt in the December quarter results with companies making higher provision for ...