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Tag: Labor codes

Bajaj Finance Q3 PAT declined 6% due to accelerated ECL provisions, one-time impact of labor laws
Personal Finance

Bajaj Finance Q3 PAT declined 6% due to accelerated ECL provisions, one-time impact of labor laws

Bajaj Finance added 4.76 million new customers to its franchise in Q3 and expects to add 17-18 million new customers to its franchise in FY26 | Photo credit: istock Largest domestic non-banking finance company (NBFC) Bajaj Finance on Tuesday reported a 6 per cent year-on-year (yoy) decline in consolidated net profit for the quarter ended […]

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No adverse long-term impact of code for gig workers, in talks with Govt: Eternal tells shareholders
Stock Market

No adverse long-term impact of code for gig workers, in talks with Govt: Eternal tells shareholders

Food delivery and quick-trading platform Eternal said in a statement on Saturday that the financial impact of the new social security law, which came into effect on Friday, will not harm the company’s long-term prospects. The Deepinder Goyal-founded company added that the exact financial and operational implications will only be known once the rules are […]

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Four new labor laws will come into force, covering 40 crore employees
Business

Four new labor laws will come into force, covering 40 crore employees

India has notified all four labor laws, promising broader social security, clearer wages and protection for gig workers. But economists warn that poor registration, uneven state willingness and weak institutional capacity could limit reforms, even as unions oppose the move. | Photo credit: PTI Five years after Parliament passed four labor laws replacing 29 central […]

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