India's Crompton Greaves posts profit fall as costs, labour law charge bite

India's Crompton Greaves Consumer Electricals reported a 10.5% fall in quarterly profit on Friday, hit by higher advertising spending and a one-time charge linked to the country's new labour codes.

KFC India operator Sapphire Foods slips into loss on one-time labour charge

Sapphire Foods , the operator of KFC and Pizza Hut restaurants in India, posted a third-quarter loss on Friday due to a one-time charge linked to the country's new labour codes, even as revenue rose.

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