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HCL Tech says select staff to get salary hike from Oct, others from Jan

HCL Tech says select staff to get salary hike from Oct, others from Jan
HCL Tech will hike salaries for select staff from October and from January for others, C Vijayakumar, CEO of teh company said.
Speaking on the second-quarter performance of the company, Vijayakumar said the company's deal pipeline was at an all-time high. He said that having a lead in the digital transformation market early on has turned out to be a boon.
The company has guided for a 1.5-2.5 percent growth in revenues in constant currency terms for the December quarter and the March quarter.
The company has raised its earnings before interest and taxes (EBIT) guidance to 20-21 percent from 19.5-20.5 percent earlier.
Over the last week, strong second quarter numbers from TCS and Infosys has further boosted sentiment for the technology sector.