Companies in the IT sector have been under pressure due to muted discretionary spending, macroeconomic uncertainties, and ...
Infosys, which last gave employees a pay hike in November 2023, has delayed its salary hike to the fourth quarter of 2025.
IT major Infosys has deferred the annual wage hikes to the fourth quarter of the current financial year (Q4FY25), ...
Infosys Ltd. 500209 shares inched down 0.02% to 1,937.85 Indian rupees Monday, on what proved to be an all-around grim ...
India’s second-largest IT services provider, Infosys, has announced that it will delay its annual salary increments until the ...
Similar trend of delaying salary hikes has been followed by other IT companies like HCLTech, LTIMindtree and L&T Technology ...
Wage hikes are usually done earlier in the year, and the postponement reflects uncertain IT services demand, delayed client ...
Infosys had announced its plan to implement wage hikes in a phased manner during Q4. "Some part of that will be effective in ...
The delay in the salary hike, which is usually implemented at the beginning of the year, indicates that the domestic IT ...
Infosys has delayed annual salary hikes to Q4FY25, citing global demand challenges. Rivals like HCLTech and LTIMindtree also ...
Brokerage Motilal Oswal Financial Services expects Tier II companies to continue to outpace Tier I firms in growth during the ...
India’s second-largest information technology services firm Infosys has deferred annual wage hikes to the fourth quarter of the current financial year (Q4FY25). The Bengaluru-based company last ...