
Why Labor Codes Cost TCS, Infosys, HCLTech Billions in Q3
India’s top IT services giants—Tata Consultancy Services (TCS), Infosys, and HCLTech—have reported a massive combined financial hit exceeding ₹4,370 crore in the third quarter of FY26. This significant expenditure, booked as a one-time exceptional charge, stems from the nationwide implementation of India’s new labor codes in November 2025. TCS, HCLTech, Infosys Impacted: The ₹4,373 Crore Breakdown The […]













