Tech Mahindra Ltd.

BSE: 532755 | NSE: TECHM
Large Cap | IT - Software
1770.50
-3.50 (-0.20%)
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Tech Mahindra to hike employee’s salaries by 7-12%

Date: 17-06-2013

Tech Mahindra, country’s mid-tier IT firm is reportedly planning to increase employee’s salaries by 7-12% this fiscal to ensure they do not lose talent to top players. The company has taken this decision following, the larger IT players, who announced wage hikes ranging between 6% and 10% for this fiscal.

Tech Mahindra is a leading provider of solutions and services to the telecommunications industry with a majority stake owned by Mahindra & Mahindra.