Looks like it is going to be a lousy year for Indian IT professionals. Yesterday TCS sent out a letter to its employees, informing them about a cut in the pay. And now Mint reports that Indian firms including wipro,satyam and HCL are predicting a lower hike in salary this year.
On the positive side Infosys expects a 12-15% salary hike as usual. And more importantly techies can expect the smaller companies to continue to pay higher salary packages. You can read the complete post here
Good TryIndian IT firms see moderate salary hike68|just some value|9