Jefferies believes the consolidation of 29 existing labour laws into four new codes, which came into effect in November 2025, ...
While companies will continue to bear additional expenses related to the labour reforms in the coming quarters, the intensity ...
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 ...
The IT majors see this as a one-time cost, which will have an impact of around 10-20 bps on operating margins annually.
Tata Consultancy Services (TCS), Infosys and HCLTech — have reported significant one-time charges linked to the ...
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 ...
The first impact of the labour codes will be felt in the December quarter results with companies making higher provision for ...
New labour codes are expected to trigger higher social security contributions by both employers and employees. Employees may ...