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 ...
Motilal Oswal Financial Services said the Labour Code provisions led to a charge of Rs 1,800 crore towards gratuity and Rs ...
Jefferies pointed out that the new labour codes will add to existing challenges for IT firms. These include slower revenue ...
New labour codes are expected to trigger higher social security contributions by both employers and employees. Employees may ...
At the core of the changes is a redefinition of wages. Under the new Labour Codes, at least 50% of an employee’s total ...
If allowances and benefits (excluding gratuity and retrenchment compensation) exceed 50 percent of an employee’s total ...
Jefferies warns India’s IT sector faces a sharp earnings hit from new labour codes, with December-quarter profits potentially ...
Companies would have to recognise the increase in gratuity liability arising from new labour codes in their interim financial statements and results for the period ending December 31, the Institute of ...
HCLTech, India’s third-largest information technology (IT) services provider, reported an 11.1 per cent drop in third-quarter ...
Tata Elxsi on Tuesday reported a 29.66% sequential decline in its net profit for the third quarter ended December 31, 2025.