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Tech Mahindra books ₹272.4 crore exceptional charge on implementation of new Labour Codes

Tech Mahindra books a ₹272.4 crore exceptional charge following the new Labour Codes, which raise employee benefit obligations.

Latest Legal News | Latest Legal Industry News, Supreme Court News, Judgement and Updates: ET LegalWorld : ETLegalWorld.com

July 17, 2026 3:44 am

Mangalam Drugs and Organics defaults on loan obligations to Bank of Baroda, Bank of Maharashtra

Mangalam Drugs said it is making arrangements to clear the overdue amounts "as soon as possible."

Latest Legal News | Latest Legal Industry News, Supreme Court News, Judgement and Updates: ET LegalWorld : ETLegalWorld.com

July 17, 2026 3:25 am

WeWork India books ₹4.29 crore exceptional charge on Labour Codes implementation

Based on its assessment, WeWork India recognised an estimated one-time increase of ₹42.94 million (₹4.29 crore) in its provision for employee benefits, which has been disclosed as an exceptional item in its unaudited standalone financial results for FY26.

Latest Legal News | Latest Legal Industry News, Supreme Court News, Judgement and Updates: ET LegalWorld : ETLegalWorld.com

July 17, 2026 3:10 am

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