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The firm’s revenue from operations meanwhile rose 6% YoY to Rs 23,471.9 crore during the quarter under review.

IT majors such as TCS, Infosys and HCLTech have said new 'wage definition' in the labour codes has squeezed profits and led ...

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New Wage Code reshapes wages base, triggering Ind AS 19 remeasurement. Expect past service cost hits, exceptional items, higher DBO and ...

Private sector banks and insurers report higher employee costs in Q3FY26 after accounting for statutory impact of New Labour ...

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The labour codes increased statutory payouts such as provident fund and gratuity. The requirement lopped off 260-320 basis ...

New labour codes are expected to trigger higher social security contributions by both employers and employees. Employees may ...

Statutory impact of new labour codes, AI-led restructuring costs and a large legal provision weighed on TCS's Q3 FY26 ...