Coronavirus effect: No salary increments, promotions for Infosys employees in FY 21
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As the outbreak of coronavirus continue to affect businesses across the country, tech-giant Infosys on Monday suspended promotions and salary increments in view of the ongoing coronavirus pandemic that has claimed 590 lives in the country. However, the firm said that it would honour all the new job offers. While, there is a freeze on new hiring due to the pandemic, but all offers already handed will be honoured.