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…
Latest Labour Codes News & Updates
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…
New Delhi, Jan 7 (IANS) The Centre and states will work in close coordination to ensure effective implementation of the four Labour Codes, promoting equity and equality in workers’ welfare and benefits, the government said on Wednesday.Addressing the ‘Regional Level Conference’ in Goa via an online mode, Union Minister of Labour and Employment Dr. Mansukh Mandaviya appreciated states for enthusiastically undertaking exercise in amending their existing labour legislations to align them with…
New Delhi, Jan 2 (IANS) The Ministry of Labour and Employment has published the draft rules for the four labour codes, which also bring gig workers on board for various benefits such as minimum wage, health, occupational safety, and social security coverage.The government has invited feedback from stakeholders on these draft rules and aims to finally roll out the entire package of four labour codes across the country from April 1.Under the draft rules, in order to be eligible for the benefits, a…