Eternal, Swiggy see no negative impact of new labour codes on business in long run

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rel=”dofollow” href=”https://economictimes.indiatimes.com/eternal-ltd/stocks/companyid-57948.cms” target=”_blank”>Zomato’s parent firm, rel=”dofollow” href=”https://economictimes.indiatimes.com/eternal-ltd/stocks/companyid-57948.cms” target=”_blank”>Eternal, and rel=”dofollow” href=”https://economictimes.indiatimes.com/swiggy-ltd/stocks/companyid-2232501.cms” target=”_blank”>Swiggy said that implementing the new labour codes will have no negative impact on their businesses and financial performance in the long term.

“We don’t think any financial impact on account of these rules will be detrimental to the long-term health and sustainability of our business,” Eternal said in a stock exchange filing.

Similarly, Swiggy said in an exchange filing, “Based on available information, we do not anticipate any material impact of CoSS on our business sustainability, cost structure, or…



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Eternal, Swiggy see no negative impact of new labour codes on business in long run



rel=”dofollow” href=”https://economictimes.indiatimes.com/eternal-ltd/stocks/companyid-57948.cms” target=”_blank”>Zomato’s parent firm, rel=”dofollow” href=”https://economictimes.indiatimes.com/eternal-ltd/stocks/companyid-57948.cms” target=”_blank”>Eternal, and rel=”dofollow” href=”https://economictimes.indiatimes.com/swiggy-ltd/stocks/companyid-2232501.cms” target=”_blank”>Swiggy said that implementing the new labour codes will have no negative impact on their businesses and financial performance in the long term.

“We don’t think any financial impact on account of these rules will be detrimental to the long-term health and sustainability of our business,” Eternal said in a stock exchange filing.

Similarly, Swiggy said in an exchange filing, “Based on available information, we do not anticipate any material impact of CoSS on our business sustainability, cost structure, or…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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