India’s top firms suffer a ₹12,000 crore labour code blow in Q3
The IT sector is the worst hit as the new labour laws increase social security payouts and retirement benefits. Consulting firms caution that wage bills are set to increase even as India Inc.’s margins are under pressure amid macro and global uncertainties.
The IT sector is the worst hit as the new labour laws increase social security payouts and retirement benefits. Consulting firms caution that wage bills are set to increase even as India Inc.’s margins are under pressure amid macro and global uncertainties.
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