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 taken a combined financial hit of over ₹4,373 crore in exceptional charges following the implementation of the country’s new labour codes.

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

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

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

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 adjustments for labour codes represent an increase in gratuity liability and an increase in leave liability, the company ...

HCLTech, India’s third-largest information technology (IT) services provider, reported an 11.1 per cent drop in third-quarter ...

Bengaluru: Infosys on Wednesday reported a one-time exceptional hit of Rs 1,289 crore on account of the impact of the ...