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<p>Welcome to Top of the Morning by Mint, your weekday newscast that brings you five major stories from the world of business. It's Thursday, August 1, 2024. My name is Nelson John. Let's get started:</p><p><br /> </p><p>Slowing revenues and weak projections have prompted India's top IT companies to hit a pause on pay hikes. Tata Consultancy Services is the only company proceeding with salary increases, while HCL Tech, Wipro, Tech Mahindra, and LTI Mindtree have delayed their disbursements. Mint’s Jas Bardia notes that this delay in pay hikes could lead to more disgruntled employees, and comes at...
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