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They pay this to SA's and make them work 10 hours a day even when there is no work. Stingy and best avoided.
No. Have heard they just bring out announcements which are never implemented.
Yes. 9 + 5 is starter base pay for Delhi, Mumbai, Bengaluru plus variable
If a firm is keeping more than half of fixed as variable then that firm is shady

Eg- LKS, Spice Route, Majumdar
Why is there this rumour of them increasing pay to 14 LPA for freshers ?