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 ...
Sources said the ministry of labour and employment is considering making Labour Codes effective only from the next financial ...
Indian engineering research and development (ER&D) firm Tata Elxsi reported a 45.3% drop in third-quarter profit on Tuesday, ...
The labour codes increased statutory payouts such as provident fund and gratuity. The requirement lopped off 260-320 basis ...
The first impact of the labour codes will be felt in the December quarter results with companies making higher provision for ...
The adjustments for labour codes represent an increase in gratuity liability and an increase in leave liability, the company ...
Jefferies pointed out that the new labour codes will add to existing challenges for IT firms. These include slower revenue ...
Major Indian IT companies, including Infosys, TCS, and HCLTech, reported significant financial impacts in Q3 due to India's ...
CFO Aparna C. Iyer said Wipro's labour code expenses have been the least in the industry as the company was already in the ...
Statutory impact of new labour codes, AI-led restructuring costs and a large legal provision weighed on TCS's Q3 FY26 ...
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