This IT services co hikes pay, grants allowances

French IT services firm Capgemini, which has 1.2 lakh of its over 2 lakh employees in India, has rolled out high single-digit hikes for 70% of its India staff, or 84K employees, effective April 1. The rest will get increments effective July. It is providing up to Rs 10K as cash allowance to those employees who are stranded without a paying-guest accommodation.

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