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 ...
The IT majors see this as a one-time cost, which will have an impact of around 10-20 bps on operating margins annually.
Motilal Oswal Financial Services said the Labour Code provisions led to a charge of Rs 1,800 crore towards gratuity and Rs ...
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 ...
Statutory impact of new labour codes, AI-led restructuring costs and a large legal provision weighed on TCS's Q3 FY26 ...
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 ...
The first impact of the labour codes will be felt in the December quarter results with companies making higher provision for ...
At the core of the changes is a redefinition of wages. Under the new Labour Codes, at least 50% of an employee’s total remuneration must be paid as wages, which include basic pay, dearness allowance ...
Major Indian IT companies, including Infosys, TCS, and HCLTech, reported significant financial impacts in Q3 due to India's ...