Rs 3,100 crore provisions! Labour Codes drag TCS, HCL Tech Q3 results; key details
The Labour Code provisions led to a charge of Rs 2,128 crore towards gratuity and unearned leave for TCS. MOFSL said a normalised impact of about 10-15 bps is likely from the next quarter.
The Labour Code provisions led to a charge of Rs 2,128 crore towards gratuity and unearned leave for TCS. MOFSL said a normalised impact of about 10-15 bps is likely from the next quarter.
What's Your Reaction?
Economist Admin
Admin managing news updates, RSS feed curation, and PR content publishing. Focused on timely, accurate, and impactful information delivery.
