'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 ...

LTI Mindtree slides as new labour code charges dent profit; Q3 PAT skid 31% QoQ

LTIMindtree dropped 4.32% to Rs 6,128.80 after the company reported a 30.73% decline in consolidated net profit to Rs 970.6 crore despite of a 3.72% jump in revenue from operations to Rs 10,781 crore ...