India's LTIMindtree reported an 8.3% fall in third-quarter profit on Monday, hit by a one-off impact from newly enacted ...

Under the revised framework, wages include basic pay, dearness allowance and retaining allowance. If these components ...

The ministry of labour and employment is considering making the four Labour Codes effective from April 1 to align their ...

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

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 ...

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

The new labour codes unify wages, industrial relations, social security, and workplace safety laws, making compliance simpler and protections broader for all ...

The new labour framework mandates restructuring of wages to ensure basic pay and dearness allowance form at least half of ...

The IT majors see this as a one-time cost, which will have an impact of around 10-20 bps on operating margins annually.

Jefferies pointed out that the new labour codes will add to existing challenges for IT firms. These include slower revenue ...

Indian engineering research and development (ER&D) firm Tata Elxsi reported a 45.3% drop in third-quarter profit on Tuesday, ...