Indian IT Absorbs Labour Codes Costs, But Recurring Expenses May Hit Margins
#ArtificialIntelligence #AI #News #IT_Services #Gratuity #Headcount #Indian_IT #Labour_Code #Workforce
via Analytics India Magazine
#ArtificialIntelligence #AI #News #IT_Services #Gratuity #Headcount #Indian_IT #Labour_Code #Workforce
via Analytics India Magazine
Telegraph
Indian IT Absorbs Labour Codes Costs, But Recurring Expenses…
The government is yet to make the new labour codes fully effective, but they are already impacting the bottomlines of Indian IT giants. During the third quarter of FY26, TCS, Infosys and HCLTech together incurred Rs 4,373 crore as additional cost. The new…