New labour code implementation dented Q3 FY26 profits of top IT firms including TCS, Infosys, HCLTech, Wipro, Tech Mahindra ...
In the third quarter of FY26, major IT companies faced significant profit declines due to new labour codes, resulting in a ...
The draft rules released by the government are important because they outline several key provisions on how employees' wages, ...
December, top Indian IT services firms absorbed a sizable one-time financial impact of about ₹4,675 crore due to the ...
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'One-time expense', says government, industry seeks uniformity as new labour codes squeeze margins
IT majors such as TCS, Infosys and HCLTech have said new 'wage definition' in the labour codes has squeezed profits and led ...
Major Indian IT companies, including Infosys, TCS, and HCLTech, reported significant financial impacts in Q3 due to India's ...
Around five years after passing the four labour codes subsuming 29 existing labour laws in 2019-20, the government of India notified them for implementation on November 21, 2025. The Prime Minister ...
Infosys CEO and MD Salil Parekh says the company's differentiated value propositions in enterprise AI, through its 'Topaz' ...
The much-awaited four Labour Codes — the Code on Wages, 2019; the Industrial Relations Code, 2020; the Code on Social Security, 2020; and the Occupational Safety, Health and Working Conditions (OSH) ...
Apart from the draft rules, the government has also published a list of FAQs on what the new labour codes mean, definition of wages, gratuity calculation etc. (AI image) “For instance, the Code on ...
Infosys said its consolidated net profit fell 2.2 per cent year-on-year (YoY) to Rs 6,666 crore in the third quarter, compared with Rs 6,822 crore in the same period last financial year (Q3 FY25).
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