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 ...
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 ...
Indian engineering research and development (ER&D) firm Tata Elxsi reported a 45.3% drop in third-quarter profit on Tuesday, ...
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 ...
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 ...
Statutory impact of new labour codes, AI-led restructuring costs and a large legal provision weighed on TCS's Q3 FY26 ...
The labour codes increased statutory payouts such as provident fund and gratuity. The requirement lopped off 260-320 basis ...
Major Indian IT companies, including Infosys, TCS, and HCLTech, reported significant financial impacts in Q3 due to India's ...