IT majors such as TCS, Infosys and HCLTech have said new 'wage definition' in the labour codes has squeezed profits and led ...

Experts note that several companies are awaiting final rules, others are restructuring salaries; a one-time impact is likely ...

India's Cyient reported a 24.9% fall in third-quarter profit on Thursday due to a one-time charge from the country's new ...

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

So far, around 10 companies from the Nifty 50 index have reported their quarterly earnings, including Infosys, Tata ...

While companies will continue to bear additional expenses related to the labour reforms in the coming quarters, the intensity ...

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

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 ...

Jan 13 (Reuters) - Indian engineering research and development (ER&D) firm Tata Elxsi reported a 45.3% drop in third-quarter ...

BENGALURU, Jan 19 (Reuters) - India's LTIMindtree reported an 8.3% fall in third-quarter profit on Monday, hit by a one-off ...