While companies will continue to bear additional expenses related to the labour reforms in the coming quarters, the intensity ...
CFO Aparna C. Iyer said Wipro's labour code expenses have been the least in the industry as the company was already in the ...
Jefferies believes the consolidation of 29 existing labour laws into four new codes, which came into effect in November 2025, ...
Tata Consultancy Services (TCS), Infosys and HCLTech — have reported significant one-time charges linked to the ...
Indian engineering research and development (ER&D) firm Tata Elxsi reported a 45.3% drop in third-quarter profit on Tuesday, ...
Engineering research and development (ER&D) firm Tata Technologies reported a 96 per cent drop in third-quarter profit on ...
Statutory impact of new labour codes, AI-led restructuring costs and a large legal provision weighed on TCS's Q3 FY26 ...
The new labour framework mandates restructuring of wages to ensure basic pay and dearness allowance form at least half of ...
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 ...
Motilal Oswal Financial Services said the Labour Code provisions led to a charge of Rs 1,800 crore towards gratuity and Rs ...
The IT majors see this as a one-time cost, which will have an impact of around 10-20 bps on operating margins annually.
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