Tata Consultancy Services, India's largest IT firm, offered a more than 31 per cent hike in remuneration to its key managers at a time when the rest of the company's employees received average salary increase of around 10 per cent.

The IT services major declared its the performance-based hike in remuneration for the last financial year, the firm said in in its annual report for fiscal 2017. Former chief executive officer N Chandrasekaran, who served as TCS CEO till February 21, 2017, earned more than Rs 30.15 crore including a large share of commission in last fiscal. ...