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

TCS reported a 13.91% decline in net profit for the December quarter due to a one-time impact from new labour codes. Despite ...

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

TCS reported a 13.91% drop in Q4 profit due to new labor codes, despite a 4.86% increase in revenue. The company saw a ...

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

New Delhi, Jan 7: The Centre and states will work in close coordination to ensure effective implementation of the four Labour Codes, promoting equity and equality in workers’ welfare and benefits, the ...

TCS reports Q3 profit drop due to labor costs, while revenue rises on AI-driven demand, signaling growth potential ahead.

New Delhi: In a landmark overhaul of labour laws, the government on Friday notified all four Labour Codes, ushering in major reforms, including universal social security coverage for gig workers, ...

For TCS, net profit fell 11.74% quarter on quarter to Rs 10,657 crore, reflecting the sharper impact of exceptional costs.

The government brought four labour codes into force, replacing 29 laws. The move streamlines compliance, improves social security, and modernises labour ...

NewsImpacted by a one-time exceptional cost of Rs 956 crore related to the new labour codes, and tax expenses totalling Rs ...