BRIEF-No job layoffs happening at India's Infosys - CEO Sikka
* CEO Sikka says the 10,000 Infosys plans to hire in the United States will not come at the cost of Indian jobs
May 3 Yango Group Co Ltd
* Says unit plans to buy property assets for 1.8 billion yuan ($261.15 million)
Source text in Chinese: bit.ly/2pXyhFD
Further company coverage: ($1 = 6.8925 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)
* Chairman says there would be net additions in hiring in future, although at a slower pace
SAO PAULO, June 24 Brazilian lawmakers need to urgently pass a revamping of the country's outdated labor code in order to mitigate extra costs for companies and consumers, the co-chairman of Brazil's largest bank said on Saturday.