 "infosys")
Country's second largest IT services firm, Infosys sees rising wage cost as an area of concern impacting its future profitability on the back of increased hiring in client locations apart from faster rise of employee compensation back home.
In a regulatory filing under Form 20F to US market regulator, the IT major said with stricter immigration rules, the company has ramped up hiring locals in key client geographies such as US, UK, Europe and Australia, which will push up its overall employee cost in the coming years.
"We have recently increased and expect to continue to increase hiring in other
