Infosys beats TCS, Wipro in Q2 revenue growth

Bengaluru: Infosys NSE -1.97 %’s revenue growth in the second quarter came in way better than that of rivals TCS NSE -1.76 % and Wipro NSE -2.17 %, encouraging it to announce salary increases and promotions across all employee levels from January. India’s second-largest software services company will also give 100% variable pay and a special incentive to junior employees for the second quarter.

Salary increases are normally given with effect from April, but the pandemic and resulting business uncertainty forced the company, as also its peers, to freeze hikes an