Tag: INDIAN IT
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Tech Mahindra Employees to Receive Salary Hikes Starting January 2025
According to reports, Tech Mahindra has started rolling out salary hikes averaging 7% for employees, with top performers receiving up to 12%. The adjustments come after an 18-month hiatus for senior executives. The company’s move aims to retain employees, amidst high corporate profits and stagnant real wages. These salary changes align with wider trends across…
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Indian IT Sector Poised for Modest Growth Amid Challenges
– TCS and Infosys expect higher growth; Wipro and Tech Mahindra face declines. – Total of 17,188 new employees added by major firms in 2024. – TCS and Infosys reported growth of 4.6% and 3.9%, largely from the Americas. – Wipro projects a slight revenue decline while Tech Mahindra shows improved outlook. – Optimism for…