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Labour Code Shock For IT Giants: How It Impacted Q3 FY26 Profits, From TCS To LTIMindtree — Explained

SUMMARY

AI Generated Content
  • New labor codes impact IT firm profits by Rs 5000 crore.
  • TCS, Infosys, HCLTech face one-time costs and margin pressure.
  • Codes change employee benefit calculation, increasing costs.
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