TCS salary hike to be decided later in the year: HR chief Milind Lakkad

Announcing the financial results for the June quarter, Tata Consultancy Services said that it has not taken a call on salary increments yet.

“We have not made a decision on that front yet and we will decide during the year and as soon as we know we’ll let you know,” chief human resources officer Milind Lakkad said during the post-results press briefing in response to a question by ET.

The biggest Indian software exporter had announced in April that it would defer salary increments, citing uncertain business environment. Lakkad had said back then that a…