New Delhi, April 4 (IANS) The new labour codes have changed gratuity rules, allowing certain eligible employees to claim gratuity after one year of continuous service, cut down from the erstwhile rule of five-year period. The new labour codes implemented in November 2025, makes gratuity available sooner for fixed-term and contract workers on a pro rata basis. Permanent employees still need to complete five years of service to claim gratuity, while there are exceptions in case of death or disabil…
Latest Labour Codes News & Updates
New Delhi, Feb 24 (IANS) A year-on-year analysis of the MSME Business Confidence Index (M-BCI) for the October-December 2025 quarter, at both composite and sectoral levels, indicates an improvement over the last one-year period despite the global risks as the domestic macroeconomic environment has offered strong support, according to a SIDBI outlook survey released on Tuesday.Availability of working capital finance and overall finance recorded the strongest improvement; sales and overall busines…
Mumbai, Feb 20 (IANS) Earnings of Nifty 50 companies showed a year‑on‑year contraction in the December quarter for the first time in 13 quarters, even as top-line growth returned to double digits, as per industry data.Excluding banks, financial services and oil and gas firms, aggregate revenue rose 10 per cent in the quarter — the first double‑digit increase since the March 2023 quarter but aggregate profits dipped due to one‑time accounting impact of India’s new Labour Codes.Operati…
New Delhi, Feb 12 (IANS) As a nationwide Bharat Bandh is being held to protest what unions describe as anti-worker, anti-farmer and pro-corporate policies of the Central government, leaders and legal advisors associated with some organisations in Delhi-NCR on Thursday supported the laws introduced by the government and termed the strike wrong and politically motivated. The strike, led by a coalition of 10 central trade unions and supported by farmers’ groups, students and youth bodies, aims to…
Mumbai, Feb 5 (IANS) Leading telecom company Bharti Airtel on Thursday reported 55 per cent drop in net profit at Rs 6,630.5 crore (after exceptional items) for the third quarter of fiscal year 2026 on year-on-year basis, compared to Rs 14,781.2 crore in the same period last fiscal.The decline in profit is attributed to a high base effect from the previous year. In the December quarter of FY24, Airtel had recorded an exceptional gain of Rs 7,545.6 crore.Additionally, the company’s profit was imp…
Ahmedabad, Jan 28 (IANS) Cement major ACC Limited, part of the diversified Adani Portfolio, on Wednesday reported a standout performance for the quarter ended December 31 (Q3 FY26), with profit after tax (PAT) surging by 346 per cent (normalised basis) at Rs 380 crore year-on-year, with highest-ever quarterly revenue at Rs 6,483 crore — up by 22 per cent.The company also recorded its highest-ever quarterly volume at 11.3 million tonnes, up 15 per cent (on-year).”We have sustained our growth mom…
Mumbai, Jan 27 (IANS) Raymond Lifestyle Limited on Tuesday reported a 33 per cent drop in its net profit for the December quarter (Q3 FY26), mainly due to a one-time expense linked to the implementation of new Labour Codes. The company’s profit fell to Rs 43 crore, compared to Rs 64 crore in the same period last financial year (Q3 FY25), according to its stock exchange filing.The decline in profitability was largely because of a one-time cost of Rs 42.68 crore related to changes under the new …
New Delhi, Jan 19 (IANS) State-owned engineering giant Bharat Heavy Electricals Limited (BHEL) on Monday reported a more than three-fold jump in standalone net profit to Rs 382.49 crore in third quarter (October-December) of 2025-26 compared with the corresponding figure of Rs 124.77 crore in the same quarter of the previous financial year.BHEL’s revenue from operations increased 16.4 per cent year-on-year to Rs 8,473.10 crore, supported by steady execution in the power and industrial segments…
New Delhi, Jan 16 (IANS) Delhi Labour Minister Kapil Mishra on Friday ordered early action to bring unorganised sector workers, gig and platform workers, and construction workers under the ambit of social security, in line with the Central Government rules.On Friday, the Labour Minister chaired a high-level review meeting to assess preparedness related to the publication and notification of rules framed under the Code on Social Security, 2020, aimed at extending various welfare benefits to these…
Mumbai, Jan 12 (IANS) India’s largest IT services company, Tata Consultancy Services (TCS), on Monday reported a 13.9 per cent year-on-year (YoY) fall in its consolidated profit for the third quarter of the current financial year (Q3 FY26).The IT firm’s consolidated net profit declined to Rs 10,720 crore, compared to Rs 12,444 crore in the same quarter last financial year (Q3 FY25), according to an exchange filing.On a quarter-on-quarter basis, profit dropped 11.6 per cent from Rs 12,131 cro…