Infosys has deferred salary hikes for employees to July and even later in case of senior executives as the Indian tech industry struggles to cope with uncertain environment and visa-related issues in key markets like the US.
Satya Nadella has said that multinational companies need to give back to local communities and generate businesses for them.
IT companies are also bracing up for curbs on worker visa norms by various countries like the US and Australia.
The US will start accepting applications for H-1B work visas for the fiscal 2018 from April 3 amid the uncertainties surrounding the visa programme.
However, a forum of IT professionals has protested the move and called it "illegal termination" of employees.
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