IT Sector
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New labour codes bring major changes for IT employees
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The central government implemented four new labour codes on November 21, 2025, replacing 29 old laws. These include changes for IT employees such as timely salary payments, health checkups, and permission for women to work night shifts. In Karnataka, the minister promised consultations with unions.
Indian IT stocks experienced a brief rebound on Wednesday, halting a five-day losing streak. Analysts, however, caution that this uptick may not last, with persistent bearish sentiments in derivatives. The sector has been under pressure in February amid growing concerns over AI's impact on revenues.