Indian engineering research and development (ER&D) firm Tata Elxsi reported a 45.3% drop in third-quarter profit on Tuesday, ...
Engineering research and development (ER&D) firm Tata Technologies reported a 96 per cent drop in third-quarter profit on ...
Tech Mahindra reported a 14 per cent year-on-year increase in net profit at ₹1,122 crore in Q3 despite a one-time labour code ...
TCS, Infosys, HCL Technologies, Wipro, and Tech Mahindra faced a ₹5,000 crore expense in Q3FY26 due to new labour codes ...
The IT majors see this as a one-time cost, which will have an impact of around 10-20 bps on operating margins annually.
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Infosys Q3FY26 results show a 2.2% YoY drop in profit due to a one-time Rs 1,289 crore labour code impact, even as revenue ...
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The artificial intelligence (AI) revolution is advancing rapidly, but companies struggle to match its pace. Key bottlenecks ...
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