-70.65 (-4.12%) 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.