New labour code implementation dented Q3 FY26 profits of top IT firms including TCS, Infosys, HCLTech, Wipro, Tech Mahindra ...
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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 ...
In the third quarter of FY26, major IT companies faced significant profit declines due to new labour codes, resulting in a ...
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