India's second-largest information technology services firm Infosys has deferred annual wage hikes to the fourth quarter of the current financial year (Q4FY25). The Bengaluru-based company last implemented salary hikes in November 2023. It had on October 17 said it was "planning" wage hikes in Q4 in a phased manner. Notably, HCLTech and LTIMindtree also skipped salary increments in second quarter.